Trade Ministry: Egypt's exports to Spain hike 69.1% in H1 of 2021

Fri, 15 Oct 2021 - 01:39 GMT

The Egyptian exports in the first half of 2021 were topped by cast iron and iron and steel with an increase of 472.4% at a value of €145.3 million.

Cairo, Bangkok probe attracting Thai investors to Egypt

Fri, 15 Oct 2021 - 01:36 GMT

The government prioritizes policies that support the green economy, the minister said.

Egypt's PM attends signing of 2 agreements on setting up 500MW wind farm in Suez

Thu, 14 Oct 2021 - 11:04 GMT

Prime Minister Moustafa Madbouli attended the signing ceremony of two agreements on establishing a 500MW wind farm in the Gulf of Suez area.

EGX indices show mixed performance, benchmark increases 0.9 pct

Wed, 13 Oct 2021 - 07:20 GMT

Egyptian Exchange (EGX) indices showed mixed performance at the close of Wednesday's trading.

Environment min.: Egypt took serious measures to implement green projects

Wed, 13 Oct 2021 - 07:18 GMT

Environment Minister Yasmine Fouad stressed that Egypt took serious steps in implementing a number of green projects, including the issuance of green bonds and the environment sustainability standards guide.

Maait: Over LE 24B allocated to health sector to face Covid-19

Wed, 13 Oct 2021 - 07:11 GMT

Finance Minister Mohamed Maait said that over 24 billion Egyptian pounds were provided to the health sector to face Covid-19 pandemic and nearly 47 billion Egyptian pounds were allocated to the education sector to support the education system.

Dollar price stable at Egypt's major banks

Wed, 13 Oct 2021 - 10:28 GMT

The euro price registered EGP 18.03 for buying and EGP 18.18 for selling at the Banque Misr and the NBE.

6.4-magnitude earthquake felt by Cairo residents

Tue, 12 Oct 2021 - 01:47 GMT

The Island is located 460 km away from the Egyptian coastal city of Marsa Matrouh.

Total expenditures rose by 19.7% in 2 months - Ministry

Sun, 10 Oct 2021 - 04:38 GMT

Food commodities' subsidies rose to LE 6.8 billion during the study period, while allocations to the state treasury’s contribution to pension funds reached about LE 19 billion, it added.

Petroleum minister lays foundation stone of integrated oil treatment plant

Sun, 10 Oct 2021 - 04:34 GMT

The project is estimated to cost some LE 1 billion and aims to improve the operational capacity and oil treatment, Molla said as he inspected a number of sites in the Red Sea areas of Shuqair and Raas Ghareb.

Finance Ministry: Tax revenues hit LE 109.8B in 2 months

Sun, 10 Oct 2021 - 04:31 GMT

The ministry said that tax revenues from sovereign bodies increased by LE 14.8 billion to register LE 24.6 billion in July and August of the current fiscal year, against LE 9.7 billion of the corresponding period of the past fiscal year.

FRA: Egyptian expat insurance program effective as of January 2022

Sun, 10 Oct 2021 - 04:16 GMT

The program provides insurance against accidents that might involve Egyptians working abroad, said acting chairman of the FRA Mohamed Omran during a conference on expat remittances that kicked off here earlier Sunday.

IDSC report underlines updated positive forecasts for Egyptian economy

Sun, 10 Oct 2021 - 04:08 GMT

This helped sustain improvement of economic indexes and enabled the, now-resilient, national economy to face challenges, as well as internal and external shocks, the report said.

Makram: Egypt achieved leap in receiving remittances

Sun, 10 Oct 2021 - 04:03 GMT

During a conference on the role of remittances in increasing investments and achieving sustainable development, the minister said Egypt achieved an important leap in receiving remittances despite global economic challenges.

Egypt reviews efforts to rehabilitate civil aviation sector

Sun, 10 Oct 2021 - 11:32 GMT

For his part, minister Enaba reviewed the latest developments in the process of restructuring the civil aviation sector and improving its performance to achieve its goals.

Dollar prices stable at Egypt's major banks

Sun, 10 Oct 2021 - 11:29 GMT

At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate remained stable, recording LE 15.64 for buying and LE 15.74 for selling.

EU has been financing projects in Egypt at 500 million euros: MENA

Sat, 09 Oct 2021 - 02:52 GMT

Head of the Cooperation Sector at the European Union Commission in Cairo Minister Plenipotentiary Ibrahim el-Afia asserted the European Union (EU) has been financing projects in Egypt at a total value of 500 million euros during the period between 2017 and 2021 in several sectors as part of their joint partnership.

Egypt condoles with Oman over cyclone 'Shaheen' victims

Mon, 04 Oct 2021 - 11:39 GMT

The cyclone caused serious, material damage nationwide, according to a statement by the Foreign Ministry.

Al Azhar, The Vatican keen to continue to cement principles of dialogue, fraternity

Mon, 04 Oct 2021 - 11:35 GMT

Their remarks came during the meeting “Faith and Science: Towards COP26”, which takes place in The Vatican, Al Azhar said in a statement.

Egypt's Sisi appoints female members of State Lawsuits Authority, administrative prosecution at State Council

Mon, 04 Oct 2021 - 11:32 GMT

Under the same decree, 50 female members of the State Lawsuits Authority and the Administrative Prosecution Authority have been named deputies of the Council of State.