Business
The world’s largest sovereign wealth fund withdraws its investments from Israel
August 12, 2025
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…
Standard Chartered: Egypt to receive US$6 Billion from Qatar and Kuwait before end of 2025
August 12, 2025
Standard Chartered: Egypt to receive US$6 Billion from Qatar and Kuwait before end of 2025
The Standard Chartered Bank said that the Egyptian economy will remain strong, with macroeconomic stability despite rapid global shifts –…
PM: Gov’t keen on following up on GTEZ development efforts
August 12, 2025
PM: Gov’t keen on following up on GTEZ development efforts
Prime Minister Mostafa Madbouly on Monday, August 11th, 2025, affirmed the government’s keenness to follow up on the role of…
US dollar rises globally, other currencies fluctuate
August 9, 2025
US dollar rises globally, other currencies fluctuate
The US dollar is now higher but is heading for a week decline after weakening economic data prompted traders to…
PM chairs economic ministerial group meeting
August 9, 2025
PM chairs economic ministerial group meeting
Prime Minister Mostafa Madbouly chaired a meeting of the economic ministerial group on Thursday to review economic performance, inflation, and…
Govt. paying great attention to developing national industry
August 5, 2025
Govt. paying great attention to developing national industry
Prime Minister Mostafa Madbouly said the government is paying great attention to developing the national industry, which is a pillar…
State keen on encouraging tourism investments, esp. on North Coast
August 3, 2025
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
August 2, 2025
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
July 31, 2025
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
July 30, 2025
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…