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PM lauds Egypt-JBIC cooperation in financing projects

PM lauds Egypt-JBIC cooperation in financing projects

Egyptian Prime Minister Mostafa Madbouly praised the cooperation between Egypt and the Japan Bank for International Cooperation (JBIC), especially regarding…
Egypt, Russia FMs hold talks on bilateral ties, regional developments

Egypt, Russia FMs hold talks on bilateral ties, regional developments

Minister of Foreign Affairs, Emigration and Expatriates Badr Abdelatty held talks over the telephone on Tuesday, August 19, 2025, with…
Egypt’s tourism sector expected to generate approximately US$100 billion in revenue

Egypt’s tourism sector expected to generate approximately US$100 billion in revenue

Credit rating agency Fitch Solutions anticipates Egypt to generate approximately US$97 billion in tourism revenues by 2029, the privately-owned al-Mal…
PM heads to Japan to attend TICAD 9 Summit

PM heads to Japan to attend TICAD 9 Summit

Prime Minister Mostafa Madbouly departed Cairo on Monday, August 18, 2025, for Japan to represent President Abdel Fattah al-Sisi at…
Egypt’s 1st fully digital bank, onebank, secures CBE approval

Egypt’s 1st fully digital bank, onebank, secures CBE approval

Misr Digital Innovation (MDI) has received official approval from the Central Bank of Egypt (CBE) to transform into onebank, the…
Petroleum Ministry saves $3.6 bn in fuel import costs in FY 2024-2025

Petroleum Ministry saves $3.6 bn in fuel import costs in FY 2024-2025

Minister of Petroleum and Mineral Resources Karim Badawi announced that recent government measures, topped by offering investment incentives to partners…
PM reports economic gains, foreign reserve growth

PM reports economic gains, foreign reserve growth

CAIRO, Aug 13 (MENA) – Prime Minister Mostafa Madbouly said that the economy is showing strong performance, with foreign reserves…
Cabinet spox: pound’s rise shows strength of economy

Cabinet spox: pound’s rise shows strength of economy

Cabinet spokesperson Mohamed al-Homsani said that the stability of the exchange rate and the rise of the Egyptian pound against…
PM witnesses signing of contract to establish Chinese “Sailun” tire factory in SC Zone

PM witnesses signing of contract to establish Chinese “Sailun” tire factory in SC Zone

Prime Minister Mostafa Madbouly witnessed on Wednesday morning August 13,2025 the signing ceremony of a contract to establish a new…
The world’s largest sovereign wealth fund withdraws its investments from Israel

The world’s largest sovereign wealth fund withdraws its investments from Israel

Norway’s sovereign wealth fund, the world’s largest with total assets exceeding US$ 1.6 trillion, announced the divestment of several Israeli…
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