Business

Damietta Port bolsters Egypt’s hub vision with 5 giant cranes for Tahya Misr 1 terminal

Damietta Port bolsters Egypt’s hub vision with 5 giant cranes for Tahya Misr 1 terminal

Kamel El Wazir, Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, confirmed Damietta Port’s reception of…
Egypt’s trade to BRICS countries soars over 30% post-admission

Egypt’s trade to BRICS countries soars over 30% post-admission

A new report from Egypt’s Central Agency for Public Mobilization and Statistics (CAPMAS) reveals a significant increase in Egypt’s trade…
Egypt paid US$ 13.3 billion in interest and installments in 3 months: CBE

Egypt paid US$ 13.3 billion in interest and installments in 3 months: CBE

The Central Bank of Egypt (CBE) announced that Egypt has paid approximately US$13.354 billion in interest and installments on its…
Investment opportunities in sectors of tourism, antiquities reviewed

Investment opportunities in sectors of tourism, antiquities reviewed

Prime Minister Mostafa Madbouly said that the Egyptian government is actively formulating clear plans with specific targets aimed at promoting…
Egypt, Nigeria FMs discuss economic ties and African security

Egypt, Nigeria FMs discuss economic ties and African security

CAIRO, June 7 (MENA) – Foreign Affairs, Emigration and Expatriates Minister Badr Abdelatty praised the strong ties and historical relationship…
Egypt’s tourism sees 25% surge in early 2025, defying regional challenges

Egypt’s tourism sees 25% surge in early 2025, defying regional challenges

Despite facing persistent geopolitical challenges in the region, Egypt’s tourism sector has experienced a notable increase in visitor arrivals, as…
FM: Egypt Eager to Enhance Relations with China

FM: Egypt Eager to Enhance Relations with China

Minister of Foreign Affairs, Emigration and Expatriates Badr Abdelatty said on Wednesday June 4, 2025 , Egypt wants to work…
Egypt’s inflation surges at fastest pace this year in May

Egypt’s inflation surges at fastest pace this year in May

Egypt’s urban inflation rate saw its fastest acceleration of the year in May, reaching 16.8 percent year-on-year, up from 13.9…
PM: Egypt’s role in global entrepreneurship community spotlighted

PM: Egypt’s role in global entrepreneurship community spotlighted

Prime Minister Mostafa Madbouly underscored the pivotal role played by the Ministerial Group for Entrepreneurship in developing a well-structured approach…
Sisi urges enhancing Egypt’s position as regional hub for foreign investment

Sisi urges enhancing Egypt’s position as regional hub for foreign investment

President Abdel Fattah al-Sisi on Sunday, June 1st, 2025, emphasized the importance of continuing efforts to improve the investment climate…
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