Sunday 23 Feb

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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...

PM: SouthMed project aligns with North Coast development vision
2024/07/02

PM: SouthMed project aligns with North Coast development vision

Prime Minister, Dr. Moustafa Madbouly, announced a focus on the North Coast to double tourism and accommodate population growth. He highlighted Egypt's potential to attract...

Hisham Talaat: SouthMed project to generate trillion-pound state revenue
2024/07/02

Hisham Talaat: SouthMed project to generate trillion-pound state revenue

Talaat Moustafa Holding Group CEO, Hisham Talaat Moustafa, unveiled the North Coast's SouthMed project, a massive undertaking rivaling global giants at 23 million square meters.

Framework cooperation agreement for elevator supply, assembly, and commissioning in Egypt
2024/07/01

Framework cooperation agreement for elevator supply, assembly, and commissioning in Egypt

The Arab Organization for Industrialization, Talaat Moustafa Group (TMG), and Schindler Group have signed a partnership agreement to implement a program for localizing the supply,...

Al-Mashat: €5.5 billion EU funding boosts Egyptian private sector over 4 years
2024/06/29

Al-Mashat: €5.5 billion EU funding boosts Egyptian private sector over 4 years

Minister of International Cooperation, Dr. Rania Al-Mashat, revealed on Saturday that the European Union has provided $5.5 billion in funding to the private sector in...

El-Said: Egypt attracts 65 investments across 14 sectors in 3 years
2024/06/29

El-Said: Egypt attracts 65 investments across 14 sectors in 3 years

Dr. Hala El-Said, Minister of Planning and Economic Development, announced on Saturday that Egypt has succeeded in attracting 65 investment opportunities in 14 sectors over...

Madbouly witnesses the signing of four EU-funded financing agreements
2024/06/29

Madbouly witnesses the signing of four EU-funded financing agreements

On the sidelines of the joint Egyptian-European investment conference, opened on Saturday by President Abdel Fattah El-Sisi alongside European Commission President Ursula von der Leyen,...