Business

Egyptian expat remittances surge to $29.7 billion over 7 months

Egyptian expat remittances surge to $29.7 billion over 7 months

The Central Bank announced on Monday that remittances from Egyptians working abroad increased by 28.1 percent during the first seven…
Investment Minister stresses boosting exports, production

Investment Minister stresses boosting exports, production

Minister of Investment and Foreign Trade Mohamed Farid stressed the importance of supporting existing investments and maximizing the use of…
Health Minister, World Bank discuss future partnership

Health Minister, World Bank discuss future partnership

Minister of Health and Population Khaled Abdel Ghaffar discussed with a World Bank delegation existing cooperation frameworks and areas of…
PM, CBE Governor discuss economic reforms, FX reserves

PM, CBE Governor discuss economic reforms, FX reserves

The government affirmed its commitment to securing safe levels of foreign exchange reserves to safeguard strategic commodity needs, noting ongoing…
FM: Alamein Africa Forum unites African business, financial institutions

FM: Alamein Africa Forum unites African business, financial institutions

Minister of Foreign Affairs, International Cooperation and Egyptian Expatriates Badr Abdelatty said the Alamein Africa Forum will serve as a…
GAFI: 3,366 Chinese firms operating in Egypt across multiple sectors

GAFI: 3,366 Chinese firms operating in Egypt across multiple sectors

The number of Chinese investing companies in Egypt has jumped to 3,366 firms, operating across multiple sectors, including textiles, ready-made…
PM emphasizes real estate market regulation draft law

PM emphasizes real estate market regulation draft law

Prime Minister Mostafa Madbouly stressed the importance of regulating the real estate market, explaining that the state is swiftly preparing…
Egypt, Thailand explore advancing economic, investment, and trade ties

Egypt, Thailand explore advancing economic, investment, and trade ties

Deputy Prime Minister for Economic Affairs Hussein Issa affirmed the Egyptian government’s keenness to develop cooperation with Thailand across various…
Planning Minister: Egyptian economy shows exceptional resilience amid regional, global challenges

Planning Minister: Egyptian economy shows exceptional resilience amid regional, global challenges

Minister of Planning and Economic Development Ahmed Rostom said the Egyptian economy has demonstrated exceptional resilience in the face of…
Gold prices rise as US dollar drops

Gold prices rise as US dollar drops

Gold prices advanced on Thursday, buoyed by a softer US dollar as investors closely await key inflation data out of…
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