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PM witnesses handover of SCZONE presidency

PM witnesses handover of SCZONE presidency

Prime Minister Moustafa Madbouly received Tuesday, August 18, 2026, Moustafa Shekhon, following President Abdel Fattah al-Sisi’s decision to appoint him…
Industry Minister: Alloys complementary industry under Egypt’s industrial strategy

Industry Minister: Alloys complementary industry under Egypt’s industrial strategy

Industry Minister Khaled Hashem said the alloys industry is a complementary industry under Egypt’s industrial strategy and a key input…
Egypt, Libya chambers seal deal to launch annual industrial fair in April 2027

Egypt, Libya chambers seal deal to launch annual industrial fair in April 2027

The Federation of Egyptian Industries (FEI) and the General Libyan Union of Chambers of Commerce, Industry and Agriculture (GLUCC) have…
Egypt’s foreign exchange reserves surpass $50 billion

Egypt’s foreign exchange reserves surpass $50 billion

The Executive Chairman of the Egyptian Exchange (EGX), Omar Radwan, affirmed that the Egyptian stock market acts as a mirror…
Finance Minister: LE 6 bln targeted for cash payment of third tranche of exporters’ dues

Finance Minister: LE 6 bln targeted for cash payment of third tranche of exporters’ dues

Finance Minister Ahmed Kouchouk said the government is targeting the allocation of six billion LE to pay in cash the…
Egypt, US discuss investment opportunities, desalination cooperation

Egypt, US discuss investment opportunities, desalination cooperation

Housing Minister Randa al-Menshawy and US Chargé d’Affaires Robert Silverman discussed on Monday, August 10, 2026, ways to expand bilateral…
Government following up entrepreneurship file closely

Government following up entrepreneurship file closely

Planning and Economic Development Minister Ahmed Rostom affirmed that Egypt’s hosting of the third edition of the “Global Entrepreneurship Festival”…
Egypt, Russia seek deeper economic partnership, enhanced trade within BRICS

Egypt, Russia seek deeper economic partnership, enhanced trade within BRICS

Investment and Foreign Trade Minister Mohamed Farid Saleh stressed ongoing development in Egyptian-Russian ties, aiming to deepen economic partnership, boost…
US dollar exchange rate rises amid growing Middle East uncertainty

US dollar exchange rate rises amid growing Middle East uncertainty

The US dollar edged higher on Friday, against both the Japanese yen and the euro, extending gains from the previous…
US dollar drops against Egyptian Pound following surge in CBE foreign reserves

US dollar drops against Egyptian Pound following surge in CBE foreign reserves

The Central Bank of Egypt (CBE) announced that its net international foreign exchange reserves rose to $56.30 billion at the…
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