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The committees must complete their work within three months from the law’s enforcement date. The governor will then issue a decree with the committees’ findings, to be published in the Official ...
Among the banks implementing the changes are the National Bank of Egypt (NBE), Commercial International Bank (CIB), and Arab African International Bank (AAIB).
Speaking at his weekly press conference today, Madbouly stressed that the agreement does not alter Egypt’s position on the Palestinian cause or its rejection of displacement.
In its newly released Arab Economic Outlook Report 2025, the AMF forecasts Egypt’s GDP will expand by 4.2% in 2025 and climb to 4.7% in 2026.
The Egyptian General Petroleum Corporation (EGPC) and the Egyptian Natural Gas Holding Company (EGAS) have signed a new agreement with Eni’s IEOC and BP, introducing incentivized terms to kickstart ...
Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI), said that Egypt attracted $9 billion in net FDI in the first half of 2025. In an interview with Asharq Bloomberg, Heiba ...
Minister of Finance, Ahmed Kouchouk, noted that the current fiscal year features the highest export support allocation in Egypt’s history, with a dedicated EGP 45 billion budget. This came during a ...
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 ...
President Abdel Fattah El-Sisi followed up on the progress of the transport and industry ministry projects, particularly those related to the railway system, in a meeting with Mostafa Madbouly, Prime ...
El Shenawi also noted that the meeting discussed the latest updates on the development of maritime ports, considering their pivotal role in the country's development programs.
Dana Gas has revealed positive preliminary results from the Begonia-2 appraisal well located in Egypt’s Nile Delta, with initial estimates indicating gas reserves of up to 9 billion cubic feet and an ...
Minister of Planning, Economic Development and International Cooperation, Rania Al-Mashat, met with Mokhtar Aboul Atta, Head of Business Development for North Africa at Infinity Power, and Elly Aloko, ...