Business

State keen on encouraging tourism investments, esp. on North Coast

State keen on encouraging tourism investments, esp. on North Coast

NEW ALAMEIN, Egypt, Aug 2 (MENA) – The State is keen on encouraging tourism investments, especially on the North Coast,…
PM chairs meeting of Coordinating Council for Fiscal and Monetary Policies

PM chairs meeting of Coordinating Council for Fiscal and Monetary Policies

NEW ALAMEIN, Egypt, July 31 (MENA) – The Coordinating Council for Fiscal and Monetary Policies, chaired by Prime Minister Mostafa…
Egyptian pound surges – dollar hits 9-month low against local currency

Egyptian pound surges – dollar hits 9-month low against local currency

The US dollar has fallen to its lowest level in Egypt in nine months, reaching LE 48.75 for buying and…
PM reviews steps to establish central unit for state-owned companies

PM reviews steps to establish central unit for state-owned companies

NEW ALAMEIN, Egypt, July 28 (MENA) – Prime Minister Mostafa Madbouly affirmed that the government’s submission of a bill to…
PM reviews preparations for launching ‘National Economic Development Narrative’

PM reviews preparations for launching ‘National Economic Development Narrative’

Prime Minister Mostafa Madbouly stressed the importance of the “National Narrative for Economic Development,” describing it as a key document,…
President al-Sisi emphasizes role of petrochemical industries to maximize resources

President al-Sisi emphasizes role of petrochemical industries to maximize resources

President Abdel Fattah al-Sisi on Sunday, July 27th, 2025, emphasized the importance of projects of petrochemical and mining industries implemented…
Egypt’s government plans to borrow from citizens through retail bonds

Egypt’s government plans to borrow from citizens through retail bonds

Economic expert Mohamed Fouad, the head of the al-Adl Center for Public Policy Studies, commented on the announcement by Finance…
FM: Egyptian economy has promising investment chances

FM: Egyptian economy has promising investment chances

CAIRO/BAMAKO, July 24 (MENA) – Minister of Foreign Affairs, Emigration and Egyptians Abroad Badr Abdelatty affirmed that the Egyptian economy—being…
Egypt dispels rumors: New Alamein’s “Downtown Lagoon” lakes to use desalinated seawater only

Egypt dispels rumors: New Alamein’s “Downtown Lagoon” lakes to use desalinated seawater only

The Media Center of the Egyptian Cabinet clarified the truth regarding videos circulating on social media. These videos falsely claimed…
Egypt’s tourism revenues rise by 15.4%: CBE

Egypt’s tourism revenues rise by 15.4%: CBE

The Central Bank of Egypt (CBE) announced on Tuesday that tourism revenues rose by 15.4 percent to US$ 12.5 billion…
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