Saturday 22 Feb

Suez Canal

Regional real estate deals to bring in US dollars, sources say
2024/10/28

Regional real estate deals to bring in US dollars, sources say

Informed sources have indicated that Egypt is on the brink of unveiling a series of substantial regional real estate deals. These deals, whose details have...

Citigroup aims to drive investment into Egypt
2024/10/24

Citigroup aims to drive investment into Egypt

Prime Minister Dr. Moustafa Madbouly convened a meeting this evening with Jane Fraser, Executive Director of Citigroup International. The meeting was attended by Mohamed Abdel...

Egypt signs green hydrogen project agreement with Germany
2024/10/08

Egypt signs green hydrogen project agreement with Germany

Dr. Rania Al-Mashat, Minister of Planning and Economic Development, witnessed the signing of a grant agreement for a green hydrogen project in Egypt between Scatec...

Ministers seal sugar project investment deal
2024/10/03

Ministers seal sugar project investment deal

A settlement agreement was signed in the presence of Minister of Justice Adnan Al Fangari, Minister of Water Resources and Irrigation Dr. Hani Sweilem, Minister...

Suez Canal Authority supports Chinese automaker's investment
2024/09/24

Suez Canal Authority supports Chinese automaker's investment

Walid Gamal El-Din, Chairman of the Suez Canal Economic Authority, convened a meeting with Yuan Wusheng, President of Dayun Guangzhou Automotive Manufacturing Company, at the...

$30 million chemical plant breaks ground in Sokhna
2024/09/22

$30 million chemical plant breaks ground in Sokhna

Walid Gamal El-Din, Chairman of the Suez Canal Economic Zone Authority (SEZONE), presided over the groundbreaking ceremony for the "Chemdy Egypt for Chemicals" factory within...

Ministry of Investment: Cumulative British investments reach $21.5 billion until last June
2024/09/08

Ministry of Investment: Cumulative British investments reach $21.5 billion until last June

Engineer Hassan Al-Khatib, Minister of Investment and International Trade, held an extensive meeting with John Humphrey, the British Trade Commissioner for Africa, and his accompanying...

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...