Business

Europe to invest 600 million euros in development grants to Egypt: Ministry

Europe to invest 600 million euros in development grants to Egypt: Ministry

The Egyptian Ministry of Planning, Economic Development and International Cooperation on Monday received two European Commission missions to conduct expanded…
PM: Empowering private sector is top State priority, key development target

PM: Empowering private sector is top State priority, key development target

CAIRO, Oct 27 (MENA) – Prime Minister Mostafa Madbouly affirmed that empowering the private sector remains one of the State’s…
Egyptian goods exempt from China’s customs duties: Chinese ambassador to Cairo

Egyptian goods exempt from China’s customs duties: Chinese ambassador to Cairo

The Chinese Ambassador to Cairo Liao Liqiang said on Sunday that the Chinese government issued a decree exempting Egyptian goods…
Egypt’s foreign reserves hit record high—surpassing $50 billion for the first time: CBE

Egypt’s foreign reserves hit record high—surpassing $50 billion for the first time: CBE

The Central Bank of Egypt (CBE) on Sunday revealed the value of Egypt’s Net International Reserves at the end of…
Egyptian-Qatari partnership to develop ‘Alam El-Roum’ area in Matrouh tops PM’s activities in week

Egyptian-Qatari partnership to develop ‘Alam El-Roum’ area in Matrouh tops PM’s activities in week

CAIRO, Nov 7 (MENA) – The cabinet’s media center Friday published a series of infographics across its social media platforms,…
PM: Egypt’s vision 2030 places human being at core of development

PM: Egypt’s vision 2030 places human being at core of development

Prime Minister Mostafa Madbouly asserted that Egypt’s path of development is based on a clear philosophy on the human being…
Israeli stresses it will not sign gas deal with Egypt until security goals are met

Israeli stresses it will not sign gas deal with Egypt until security goals are met

Israeli Energy and Infrastructure Minister Eli Cohen said that Tel Aviv will not sign a gas export agreement with Egypt…
Central Bank of Egypt offers treasury bills in euro, launches 1st sovereign bond in Egyptian pound

Central Bank of Egypt offers treasury bills in euro, launches 1st sovereign bond in Egyptian pound

The Central Bank of Egypt (CBE) announced on Sunday that it will be issuing €600 million in euro-denominated treasury bills…
CBE’s Monetary Policy Committee to convene on November 20

CBE’s Monetary Policy Committee to convene on November 20

The Central Bank of Egypt (CBE) will hold its highly anticipated meeting on Thursday, November 20th. This will be the…
Spotlight on GEM: Investment min.: GEM’s launch marks milestone in cultural, economic progress

Spotlight on GEM: Investment min.: GEM’s launch marks milestone in cultural, economic progress

CAIRO, Oct 28 (MENA) – Minister of Investment and Foreign Trade Hassan al-Khatib said the opening of the Grand Egyptian…
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