Business

Egypt, EU represent strong economic partnership, strategic understanding

Egypt, EU represent strong economic partnership, strategic understanding

Economic relations between Egypt and the European Union (EU) have witnessed remarkable development as EU countries remain Egypt’s leading trading…
Egypt considers turning Omar Effendi branches into tourist Hotels

Egypt considers turning Omar Effendi branches into tourist Hotels

The Minister of the Public Business Sector Mohamed Shimi, reviewed the most prominent investment opportunities available in Egyptian state assets…
PM directs optimal utilization of state assets in tourism sector

PM directs optimal utilization of state assets in tourism sector

Prime Minister Mostafa Madbouly on Sunday, October 19, 2025, issued directives for ensuring the optimal use and development of the…
IMF reveals its position on disbursing support tranche to Egypt

IMF reveals its position on disbursing support tranche to Egypt

The Director of the Middle East and Central Asia Department at the International Monetary Fund (IMF), Jihad Azour, said that…
Egypt, Malawi discuss strengthening trade and investment ties

Egypt, Malawi discuss strengthening trade and investment ties

CAIRO, Oct 17 (MENA) – Egypt’s Ambassador to Malawi Rasha Hamdy held talks with Daisy Kambalame, CEO of the Malawi…
Egypt hikes fuel prices: Gasoline up 20-25% on Friday

Egypt hikes fuel prices: Gasoline up 20-25% on Friday

Gasoline and diesel prices in Egypt saw a significant new increase on Friday. The price of all grades of gasoline…
FM says Egypt seeks greater Indian investment, eyes UFLex expansion

FM says Egypt seeks greater Indian investment, eyes UFLex expansion

Minister of Foreign Affairs, Emigration and Expatriates Badr Abdelatty said on Thursday 16/10/2025 that Egypt seeks to attract increased Indian…
Egyptian billionaire Nassef Sawiris seeks to invest $50 billion in the US

Egyptian billionaire Nassef Sawiris seeks to invest $50 billion in the US

Egyptian billionaire Nassef Sawiris is preparing to direct up to US$50 billion of capital over the next decade to invest…
Egyptian amb. says SCZone chairman’s visit to Turkey very important

Egyptian amb. says SCZone chairman’s visit to Turkey very important

CAIRO, Oct 12 (MENA) – Egypt’s Ambassador to Ankara Wael Badawi underlined the importance of the visit by Chairman of…
Egypt targets 42% renewable energy share by 2030, rising to 60% by 2040 – PM

Egypt targets 42% renewable energy share by 2030, rising to 60% by 2040 – PM

Prime Minister Mostafa Madbouly affirmed that the renewable energy sector receives significant attention from the Egyptian state due to its…
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