Egypt has received $3.5bn from Qatari Diar Real Estate Investment Company as the initial cash payment for a project to develop the Semla and Alam El Roum area on the northwestern coast, the Egyptian cabinet said.
The payment is part of an investment (...)
Talaat Moustafa Group (TMG) has signed a construction contract worth approximately EGP 10bn ($200m) with Concrete Plus for Engineering and Construction to execute works at its South Med project on Egypt's northwestern coast.
The contract covers the (...)
Egyptian citizens will be entitled to receive medical treatment at private sector facilities with costs covered by the state under the Universal Health Insurance system, Prime Minister Mostafa Madbouly said on Tuesday during the inauguration of the (...)
Saudi Arabia has ordered the complete withdrawal of United Arab Emirates forces from Yemen within 24 hours, declaring its national security a "red line" following a military strike on what it described as unauthorised UAE-linked weapons (...)
Egypt has completed 90 per cent of the planned natural gas delivery works for the first phase of the "Decent Life" (Haya Karima) presidential initiative, Petroleum Minister Karim Badawi said on Tuesday.
During a meeting with Prime Minister Mostafa (...)
Ancient industrial workshops dating from the Late Period to the early Ptolemaic era, along with a Roman-era cemetery, have been discovered at the Kom al-Ahmar and Kom Wasit sites in Egypt's Western Nile Delta.
The find, announced by the Ministry of (...)
Microfinance Enterprise Services – Reefy announced that it has received final approval from the Financial Regulatory Authority (FRA) for the third issuance under its second securitisation programme, with a total value of EGP 1.064bn, in favour of (...)
Head of the Egyptian Commercial Service (ECS), Abdel Aziz El-Sherif, received Mohamed Kassem, Chairperson of the Egyptian Exporters Association (Expolink), along with several members of the association's board, to discuss ways to strengthen (...)
Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, held a meeting with Minister of Public Enterprises Sector Mohamed El-Shimy and a group of manufacturers from the spinning, textiles, ready-made (...)
Valero Developments has entered into a strategic cooperation agreement with KAD Commercial Property Management to enhance the operational performance of its projects and support their long-term investment value.
The agreement was signed by Ahmed (...)
Egypt's Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, met with Sudan's Minister of Industry and Trade, Mahasin Ali Yaqoub, and her accompanying delegation to explore ways to strengthen (...)
GlobalCorp Financial Services has successfully completed its eighth securitization bond issuance, valued at EGP 2.5bn, following approval from Egypt's Financial Regulatory Authority (FRA). The transaction falls under the company's second approved (...)
Basil Rahmy, CEO of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), reaffirmed the agency's commitment to providing strong marketing support to small and medium-sized enterprise owners by facilitating their participation in (...)
Prime Minister Mostafa Madbouly held a meeting on Monday to review measures aimed at enhancing the performance efficiency of state-owned economic authorities, with particular focus on the National Media Authority (NMA), within the framework of the (...)
Foreign Minister Badr Abdelatty affirmed Egypt's commitment to strengthening health systems and pharmaceutical security across Africa, offering to transfer the country's medical expertise and successful healthcare initiatives to fellow African (...)
Egypt and Lebanon signed a memorandum of understanding (MoU) on Monday to supply the Deir Ammar power plant with Egyptian natural gas, a move intended to increase electricity generation capacity for Lebanese citizens.
The agreement was signed at the (...)
When Erika Kirk took the stage at the Phoenix Convention Centre earlier this month, the atmosphere was less a political summit and more a coronation. Standing before thousands of conservative activists at the annual AmericaFest, the widow of the (...)
The Kremlin issued a stark ultimatum on Monday, insisting that Ukrainian forces must completely abandon the Donbas region before any cessation of hostilities can begin. The demand, delivered by spokesperson Dmitry Peskov, effectively sets a hard (...)
Hassan El-Khatib, Egypt's Minister of Investment and Foreign Trade, and Mahasen Ali Yaqoub, Sudan's Minister of Industry and Trade, chaired on Monday in Cairo the meetings of the Joint Egyptian–Sudanese Trade and Industry Committee, with the (...)
Foreign Minister Badr Abdelatty has detailed Egypt's strategic vision for regional stability, calling for an emergency African Union (AU) session to reject Israel's recognition of Somaliland while offering peacekeeping support for the eastern (...)
Egypt and the United Arab Emirates are working to conclude negotiations on a comprehensive economic partnership agreement intended to increase investment flows and enhance economic competitiveness, Egypt's Minister of Investment and Foreign Trade (...)
Egypt will launch a comprehensive national strategy for the period 2026-2030 aimed at the full integration and empowerment of 11m people with disabilities, the National Council for Persons with Disabilities (NCPD) announced on Monday.
The strategy, (...)
Egypt aims to produce 15 million mobile phones next year and begin exporting devices to international markets, following the manufacture of 10 million units in 2025, Minister of Communications and Information Technology Amr Talaat said on (...)
Minister of State for Military Production Mohamed Salah El-Din Mostafa affirmed the ministry's commitment to implementing the political leadership's directives to accelerate the localisation of modern manufacturing technologies across various (...)
Minister of Finance Ahmed Kouchouk said concessional financing will be provided to the first 100,000 taxpayers who join the simplified tax system, stressing that the move aims to support taxpayers, ease compliance, and help businesses (...)