Wednesday 30 Oct

News

Finance Minister aims for major improvement in tax-business relations
2024/07/14

Finance Minister aims for major improvement in tax-business relations

Minister of Finance Ahmed Kouchouk said that the ministry aims to achieve tax stability to drive investment flows and increase economic growth rates.

PM: Decree to form Economic Ministerial Group
2024/07/14

PM: Decree to form Economic Ministerial Group

Prime Minister Dr. Moustafa Madbouli issued a decree establishing the economic ministerial group and defining its responsibilities

Iraqi PM meets Egyptian-Saudi business delegation
2024/07/14

Iraqi PM meets Egyptian-Saudi business delegation

The Iraqi Prime Minister, Muhammad Shia' Al-Sudani, received on Saturday a delegation of Egyptian and Saudi businessmen, as well as Iraqi businessmen. The delegation included...

From Dubai.. TMG, Rikas launch Kyma Beach mid-July at SouthMED
2024/07/13

From Dubai.. TMG, Rikas launch Kyma Beach mid-July at SouthMED

Talaat Moustafa Group has announced a partnership with the globally renowned Rikkas Group, a leader in hospitality, to bring "Kyma Beach" to their latest project,...

80,000 tons fuel oil arrive at Sokhna Port for power boost
2024/07/10

80,000 tons fuel oil arrive at Sokhna Port for power boost

Ein Sokhna Port today welcomed the largest fuel oil carrier to ever dock at the port, with a capacity of 80,000 tons. This marks a...

Experts: Central Bank unlikely to lower rates at upcoming meeting
2024/07/10

Experts: Central Bank unlikely to lower rates at upcoming meeting

Experts and bankers rule out a decision by the Monetary Policy Committee of the Central Bank of Egypt to lower the interest rate at its...

Egypt and Germany sign €103.5 million financial cooperation agreement
2024/07/08

Egypt and Germany sign €103.5 million financial cooperation agreement

Dr. Rania El Mashat, Minister of International Cooperation, and Frank Hartmann, Ambassador of Germany to Egypt, signed a financial cooperation agreement worth 103.5 million euros.

Egypt's foreign reserves hit record high of $46.4 billion
2024/07/07

Egypt's foreign reserves hit record high of $46.4 billion

The Central Bank of Egypt (CBE) announced today, Sunday, that its foreign reserves rose by $260 million to reach $46.4 billion at the end of...