Business

Egypt’s dollar resources hit record high of $8.5 billion: Prime Minister

Egypt’s dollar resources hit record high of $8.5 billion: Prime Minister

Prime Minister Mostafa Madbouly denied reports that Egypt’s economic improvement is solely due to the International Monetary Fund program. He…
Sawiris defends his proposal to repay Egypt’s foreign Debt

Sawiris defends his proposal to repay Egypt’s foreign Debt

Egyptian billionaire Naguib Sawiris defended his proposal to offer the remaining lands on the North Coast and the Red Sea…
Cairo, New Delhi probe enhancing access of Egypt’s products to Indian market

Cairo, New Delhi probe enhancing access of Egypt’s products to Indian market

The Egyptian commercial representation office in New Delhi, under Commercial Counselor Mohamed Abdel Meguid, held a video-conference meeting to discuss…
Here’s all you need to know about 2025’s best Certificate of Deposit with the highest return in Egyptian banks

Here’s all you need to know about 2025’s best Certificate of Deposit with the highest return in Egyptian banks

The Arab African International Bank (AAIB) has launched the Four-Year Bullet Certificate of Deposit, offering a cumulative return of up…
PM, CAOA chief review administrative reform efforts

PM, CAOA chief review administrative reform efforts

NEW ALAMEIN, Egypt, Aug 24 (MENA) – Prime Minister Mostafa Madbouly Sunday discussed with Central Agency for Organization and Administration…
Food Industries Chamber backs gov’t plan to boost exports

Food Industries Chamber backs gov’t plan to boost exports

Chamber of Food Industries (CFI) at the Federation of Egyptian Industries voiced support for government efforts to develop the food…
Egypt’s agricultural exports rise to 6.8 million tons so far

Egypt’s agricultural exports rise to 6.8 million tons so far

Agriculture and Land Reclamation Minister Alaa Farouq announced that Egypt’s agricultural exports have risen to 6.8 million tons so far…
PM lauds Egypt-JBIC cooperation in financing projects

PM lauds Egypt-JBIC cooperation in financing projects

Egyptian Prime Minister Mostafa Madbouly praised the cooperation between Egypt and the Japan Bank for International Cooperation (JBIC), especially regarding…
Egypt, Russia FMs hold talks on bilateral ties, regional developments

Egypt, Russia FMs hold talks on bilateral ties, regional developments

Minister of Foreign Affairs, Emigration and Expatriates Badr Abdelatty held talks over the telephone on Tuesday, August 19, 2025, with…
Egypt’s tourism sector expected to generate approximately US$100 billion in revenue

Egypt’s tourism sector expected to generate approximately US$100 billion in revenue

Credit rating agency Fitch Solutions anticipates Egypt to generate approximately US$97 billion in tourism revenues by 2029, the privately-owned al-Mal…
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