President Abdel-Fattah El Sisi has issued a decree regulating the travel of senior state officials for official missions abroad.
Decree no. 23 of 2019 stipulates in its first article that the permission for travel abroad for official missions and (...)
Egypt's Prime Minister Mostafa Mabdouly on Monday chaired a meeting of the economic ministerial committee to review the Doing Business 2019 report.
The ministers of social solidarity, investment and international cooperation, planning, monitoring (...)
Minister of Finance Mohamed Maait said Sunday that his ministry is working on preparing a new public finance bill as part of a number of regulations it plans to introduce in 2019.
Maait's remarks came during his meeting with the House of (...)
Sudan's President Omar Al-Bashir has extended his thanks to Egypt, Ethiopia and Chad for their support for his country's security and stability.
Speaking to crowds of supporters gathered in the Sudanese city of Nyala on Monday, Al-Bashir said that (...)
Egypt's Ministry of Finance said on Monday that no date has so far been set for the flotation of Egyptian bonds in Asian markets.
In a statement, the ministry said that the state has not named the country that will witness the first flotation of (...)
Egypt's Deputy Foreign Minister for African Affairs Hamdi Sanad Loza says that Egypt treats all refugees equally regardless of nationality, adding that the Egyptian government is also keen on providing international protection for them from an (...)
Egypt's Foreign Minister Sameh Shoukry will leave for New York on Monday to participate in a ceremony to mark the handover of the chairmanship of the Group of 77 and China from Egypt to Palestine.
The ceremony will he held on Tuesday at the UN (...)
The banking system in Egypt has offered some EGP 115 billion worth of funds to small and medium-sized enterprises, according to the Central Bank of Egypt (CBE).
An additional EGP 10 billion have been allocated for micro-sized projects, said Lobna (...)
Mercedes-Benz looks forward to resuming production in Egypt soon, a senior official of the German company said on Friday.
The global vehicle manufacturer is also considering additional models in Egypt, Markus Schafer, member of the Divisional Board (...)
Egyptian Prime Minister Mostafa Madbouly said on Friday that German President Frank-Walter Steinmeier has accepted the invitation extended by President Abdel-Fattah El-Sisi to visit Egypt.
Madbouly made the announcement during his visit to Berlin, (...)
Minister of Trade and Industry Amr Nassar said on Thursday that there is coordination between the ministry and members of the ministerial economic group in order to draw up a strong and effective strategy to boost the export system in Egypt.
The (...)
Egypt's Prime Minister Moustafa Madbouly attended on Wednesday the signing of an agreement to purify the country's Kitchener Drain at a cost of €148.3 million.
The agreement was signed by Minister of Water Resources Mohamed Abdel-Ati and Katrina (...)
Egypt's Minister of Investment and International Cooperation Sahar Nasr held talks on Wednesday with first deputy chairman of the US-based Uber company Tony West.
The talks took up the means of increasing the company's activities in Egypt.
This (...)
Egypt's Petroleum Minister Tareq El-Mulla has said that the country's Western Desert produces about 60 percent of Egypt's crude oil.
El-Mulla made the remarks in a statement on Wednesday while chairing a general assembly meeting of Agiba Petroleum (...)
The Cairo Court of Appeals has set 20 April as the date for the trial of former minister of agriculture Youssef Wali and five others for corruption involving land allocation.
The defendants face charges of taking bribes from the committee in charge (...)
Egypt's inflation rate is expected to decline to 10.7 percent in fiscal year 2019/2020, Pharos Research reported on Tuesday.
The inflation rate is likely to reach 14.3 percent this fiscal year. It then added that it is expected to fall to 8.5 (...)
The Egyptian Exchange (EGX) indexes went up at the close of Tuesday's trading, pushed by purchases of local institutions and investment funds.
The market capital gained about EGP 4 billion, registering EGP 764.59 billion after transactions totaled (...)
The Egyptian government executed in 2018 12 projects in the information and communications technology (ICT) sector at a total value of EGP 1.3 billion, according to a statement released by the cabinet's media centre Saturday.
In addition, 999 (...)
Egypt's Prime Minister Mostafa Madbouly met on Friday with officials from El-Sewedy Electric and Arab Contractors consortium, after the two companies won a bid to establish a dam on Tanzania's Rufiji River to generate hydroelectric power.
The (...)
Navigation at the Suez Canal has recorded on Wednesday the second highest rate worldwide in terms of the number of vessels and tonnage, said Suez Canal Authority (SCA) Mohab Mamish said.
In a released statement, Mamish added that 72 ships passed the (...)
President Abdel Fattah El Sisi issued directives to officials to exert further efforts to reduce public debt and slash budget deficit through proceeding with the comprehensive economic reform program and focusing on its various institutional, (...)
The trading of foreign (non-Arab) investors on the Egyptian Exchange registered purchases of EGP 7.2 billion during 2018, a report by the Egyptian bourse said.
“Sales operations by Arab investors registered EGP 838.4 million during the same period”, (...)
Egypt's Prime Minister Mostafa Madbouly held a meeting on Tuesday to review an outline of the 2019 draft state budget with the ministers of finance and planning and their deputies.
Finance Minister Mohamed Maait said that the draft budget pays (...)
Egypt witnessed a small earthquake on Monday afternoon, with the tremor measuring 4.0 on the Richter scale according to Hatem Ouda, head of the National Research Institute of Astronomy and Geophysics.
The quake hit at 12:37pm local time.
The (...)
Egypt's Minister of Tourism Rania Al-Mashat said on Saturday that the ministry will coordinate with the embassy of Vietnam to ease travel to Egypt for the families of the Vietnamese tourists who were injured in a bomb blast which hit their bus on (...)
