Prime Minister, Mostafa Madbouly, said that the government plans to operate three regasification vessels starting from early July, with a total capacity of 2.25 billion cubic feet per day, during his ...

Minister of Planning, Economic Development and International Cooperation, Rania Al-Mashat, reaffirmed Egypt’s commitment to positioning itself as a platform for international investment and ...

In a move to strengthen the digital payments landscape and enhance financial service security and efficiency, the Central Bank of Egypt (CBE) has announced the issuance of new regulations governing ...

Egypt has ranked seventh globally in remittance inflows, receiving a total of $22.7 billion in 2024, according to the World Bank, as announced by Egypt’s Central Agency for Public Mobilization and ...

Egypt has been selected as one of only seven countries worldwide to benefit from the Climate Investment Funds’ (CIF) $1 billion Industrial Decarbonization Program, aimed at reducing emissions in ...

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Dr. Rania Al-Mashat, Egypt’s Minister of Planning, Economic Development, and International Cooperation, met with Elena Panova, the United Nations Resident Coordinator in Egypt, to discuss avenues of ...

Egyptian pharmaceutical companies are set to inject around EGP 4 billion ($80 million) into expanding domestic production capacity this year, with plans to establish 20 new production lines. The move ...

Of these, 69 wells were evaluated, resulting in 40 discoveries, with total reserves estimated at 42 million barrels of oil and condensates, and 1.3 trillion cubic feet of gas.

The IMF report highlights that Egypt’s growth forecast for FY2024/2025 was revised upward to 3.8%, reflecting stronger-than-expected performance in the first half of the fiscal year.

The minister affirmed Egypt’s focus on attracting high-value investments in strategic sectors—particularly water and green industries—underscoring the country’s strategic location, robust ...

The collaboration aims to integrate WaffarX’s value-driven cashback technology directly into DGTERA’s intelligent restaurant and retail systems, enhancing customer engagement and operational ...