Sunday 24 Nov

News

Al-Falih announces shift of Saudi deposits in Egypt to investments
2024/08/01

Al-Falih announces shift of Saudi deposits in Egypt to investments

Saudi Minister of Investment, Khalid Al-Falih, revealed that Saudi Arabia is set to significantly increase its investments in Egypt through its Public Investment Fund (PIF)...

Rania Al-Mashat: Seeking to attract more Saudi investments
2024/08/01

Rania Al-Mashat: Seeking to attract more Saudi investments

Egypt expressed its keenness to forge additional partnerships and investments with Saudi Arabia, particularly in the private sector. This desire aligns with the growing strength...

Finance Minister meets international investors in London
2024/07/31

Finance Minister meets international investors in London

Ahmed Kouchouk, Minister of Finance, affirmed that bolstering the role and contributions of both domestic and foreign private sectors in Egypt's economy is a top...

Madbouly: IMF backs Egypt government with third review approval
2024/07/30

Madbouly: IMF backs Egypt government with third review approval

Prime Minister Dr. Moustafa Madbouly confirmed that Monday's IMF Board approval of the third review under Egypt's economic reform program is a crucial milestone in...

Kouchouk: Egypt to secure third IMF tranche worth $820 million
2024/07/30

Kouchouk: Egypt to secure third IMF tranche worth $820 million

Ahmed Kouchouk, Minister of Finance, said that the approval of the International Monetary Fund's Board of Directors for the third review of Egypt's economic reform...

Apex American Petroleum to boost investments in Egypt
2024/07/29

Apex American Petroleum to boost investments in Egypt

Engineer Karim Badawy, Minister of Petroleum and Mineral Wealth, discussed with Tom Maher, President of the American company Apex, the company's role in Egypt and...

Electricity: Egypt, Saudi Arabia prioritize power grid connection
2024/07/29

Electricity: Egypt, Saudi Arabia prioritize power grid connection

Dr. Mahmoud Esmat, Minister of Electricity and Renewable Energy, identified key priorities for the current phase, aligning them with the overall strategy and developing clear,...

Al-Mashat: Fostering a competitive business climate to drive investment
2024/07/27

Al-Mashat: Fostering a competitive business climate to drive investment

Minister of Planning, Economic Development and International Cooperation Dr. Rania Al-Mashat held intensive meetings with ministers of economy, development, and international cooperation, as well as...