Minister of Investment and Foreign Trade, Hassan El-Khatib, announced that the government is preparing a comprehensive national investment map with clear sectoral objectives. The plan, which will be ...

Egypt is actively pushing to position itself as a key transit hub in a broader railway network connecting Asia and Europe, according to Deputy Prime Minister for Industrial Development and Minister of ...

The Monetary Policy Committee of the Central Bank of Egypt decided to reduce the overnight deposit and lending rates, as well as the Central Bank’s main operation rate, by 100 basis points to 24.00%, ...

Prime Minister, Mostafa Madbouly, witnessed the signing ceremony of a new agreement between the global automaker Jetour and El-Kasrawy Group at the Cabinet headquarters in Egypt’s New Administrative ...

During the European Bank for Reconstruction and Development (EBRD) Annual Meetings held in the United Kingdom, Rania Al-Mashat, Minister of Planning, Economic Development, and International ...

In a bid to lure back global shipping traffic, the Suez Canal authority (SCA) has announced a 15% reduction in transit fees for container ships carrying a net load of over 130,000 tonnes. The discount ...

A.P. Moller–Maersk is considering resuming operations through the Suez Canal, as the Suez Canal Authority (SCA) announced new incentives to attract container vessels back to the key waterway amid ...

The Egyptian government’s draft state budget for FY2025/2026 sets an ambitious target of EGP 2.654 trillion in tax revenues, marking a significant increase from EGP 2.021 trillion in the 2024/2025 ...

Egypt’s Red Sea gems, Hurghada and Sharm El-Sheikh, have been ranked among the top 15 trending global travel destinations for summer 2025, according to the newly released Travel Trends 2025 report by ...

The Egyptian Natural Gas Holding Company (EGAS) has signed an agreement with Harbour Energy to expand exploration and production activities in the Desouq gas field, located within the Nile Delta ...

Minister of Planning, Economic Development, and International Cooperation, Rania A. Al-Mashat, met with the International Monetary Fund (IMF) mission led by Ms. Ivanna Vladkova Hollar to discuss the ...

Egypt’s economy is projected to rebound modestly over the next two fiscal years, though growth forecasts have been revised slightly downward due to the impact of ongoing geopolitical tensions and ...