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Negotiations are underway over structural reforms linked to the economic component of Egypt’s national program, supported by the European Union’s €4 billion Macroeconomic Financial Assistance (MFA).
The National Bank of Egypt (NBE) and Banque Misr have announced that they will issue two new savings certificates, days after the Central Bank of Egypt (CBE) raised interest rates, marking the highest ...
Chairman of the Egyptian Drug Authority, Ali Al-Ghamrawi, emphasized that the Authority succeeded in providing about 95% of the Egyptian medicine in the market, which enabled a return to the stage ...
Minister of Investment and Foreign Trade, Hassan El-Khatib, presented the new Export Subsidy Rebate Program for FY2025/2026, 2026/2027, and 2027/2028, during Cabinet meeting chaired by Prime Minister, ...
The Egyptian-Canadian Business Council aims to increase Canadian investments in Egypt by 30% this year, surpassing $2.6 billion compared to the current $2 billion. Ahmed Khattab, a member of the ...
In a major step toward redrawing the map of urban development on Egypt’s eastern coast, Delta Capital for Urban Development (DCUD), in partnership with Nations of Sky, has announced the launch of ISLA ...
The National Egyptian Railway Industries Company (NERIC) is set to locally manufacture 21 trains, comprising 189 train cars, for the Alexandria Metro under a thirty-eight-month contract valued at € ...
The Arab Organization for Industrialization (AOI) is preparing to launch the production of a new car model in collaboration with French automotive group Stellantis, with production set to begin by the ...
Egypt’s seasonally adjusted Purchasing Managers’ Index (PMI) declined to 48.8 in June 2025, down from 49.5 in May, according to the latest S&P Global PMI data. The country’s non-oil private sector ...
The Egyptian Cabinet has granted the Golden License to Huhtamaki Egypt for its project to establish and operate a factory dedicated to the production, distribution, and sale of molded fiber packaging ...
The Financial Regulatory Authority (FRA) has approved a mandatory tender offer from UAE-based investment company Chimera Investments subsidiary Chimpe 1 for a majority stake in investment bank Beltone ...
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