MENA

Egypt, Algeria sign 13 cooperation deals in various fields including investments, trade

Thu, 30 Jun 2022 - 11:43 GMT

Egypt and Algeria signed 13 cooperation agreements and memorandums of understanding during the Higher Egyptian-Algerian Committee under Egyptian and Algerian Prime Ministers; Moustafa Madbouli and Aimene Benabderrahmane respectively.

PM: Gov't pays great attention to developing auto industry

Mon, 27 Jun 2022 - 06:44 GMT

A number of ministers and senior state officials attended the meeting.

Egyptian economy more resilient to external shocks: Planning minister

Mon, 27 Jun 2022 - 06:42 GMT

Egypt has made rapid efforts over the past few years in responding to global shocks and crises to mitigate, adapt and recover from the short, medium, and long-term effects of the Covid-19 pandemic, added the minister.

Trade exchange between Egypt, Oman up 7.2% in 2021 - CAPMS

Mon, 27 Jun 2022 - 05:16 GMT

The agency added the volume of Egyptian exports to Oman hit $163.3 million in 2021, compared to $170.2 million in 2020 with a 4.1 percent decrease.

Egypt ranks 2nd in Africa in FDI inflows in 2021/2022- IDSC

Mon, 27 Jun 2022 - 04:32 GMT

The infographic highlights data in the report of the UN Conference on Trade and Development (UNCTAD) on FDI in Egypt, issued in June 2022 .

Planning Ministry signs 5 cooperation protocols to support entrepreneurship

Sun, 26 Jun 2022 - 04:01 GMT

The protocols were signed during the third annual forum of startup companies launched by the Ministry of Planning in cooperation with the Greek Campus. The protocols were signed during the third annual forum of startup companies launched by the Ministry of Planning in cooperation with the Greek Campus.

GAFI head urges fostering investment relations with Saudi Arabia

Sun, 26 Jun 2022 - 03:48 GMT

His call came during a meeting on Sunday with a delegation of the Saudi Real Estate National Committee headed by Muhammad Abdullah Al Murshid.

Supply minister: 3.920M tons of local wheat delivered so far

Sun, 26 Jun 2022 - 03:36 GMT

At a press conference, the minister said wheat delivery will continue till the end of August.

GAFI head hails Majid Al Futtaim's selection of Egypt for its regional outsourcing services business

Thu, 23 Jun 2022 - 04:05 GMT

The GAFI head added that the State developed a strategy for strengthening investment in human cadres, which includes providing training and capacity-building programs.

Egypt is investment magnet in different domains: Finance min.

Thu, 23 Jun 2022 - 03:44 GMT

Maait said that unprecedented major national and development projects that are being implemented nationwide provide promising investment opportunities.

Egypt's exports of cast iron, steel up 1% in 4 months

Thu, 23 Jun 2022 - 03:35 GMT

A report released Thursday by the Export Council for Building Materials, Refractory & Metallurgy Industries (ECBM) said that Egypt's exports of cast iron and steel went to 64 countries.

Egypt's exports of building materials up by 36% in 4 months

Thu, 23 Jun 2022 - 03:30 GMT

The UAE came at the top of importers with its imports standing at $456 million in the first four months of 2022.

Egypt turned into regional energy hub: EGAS president

Thu, 23 Jun 2022 - 03:25 GMT

Galal said Egypt has a big infrastructure that is not available in the neighboring countries that has natural gas fields.

Saudi fund chief says keen on working in Egypt especially in generating renewable energy field

Wed, 22 Jun 2022 - 04:41 GMT

He noted that the fund is willing to visit Cairo in September to inspect the fund’s projects in Egypt as well as inking a number of partnerships between Egyptian and Saudi companies.

Tangible rise in Egypt's exports to int'l blocs in 2021 - IDSC

Wed, 22 Jun 2022 - 04:34 GMT

The visual representation shed light on the tangible rise in Egyptian exports to a number of international blocs, whether Egypt is a member of it or not.

Egypt, Qatar sign MoU on financial policy coordination

Tue, 21 Jun 2022 - 05:05 GMT

The MoU aims to foster joint cooperation, as well as to coordinate financial visions, positions, and policies at the bilateral level and in international forums.

Egypt to be regional hub for capital investments - CBE

Mon, 20 Jun 2022 - 03:26 GMT

Venture capital investment in Egypt is progressing significantly thanks to the state's efforts to empower talents and young entrepreneurs, Amer said.

Gas exporting to EU agreement an official recognition of Egypt as energy global hub

Sun, 19 Jun 2022 - 01:35 GMT

The agreement will then be an umbrella for a new set of agreements, the minister said.

Budget of new fiscal year exceeds LE 3T: Finance min.

Sun, 19 Jun 2022 - 01:30 GMT

The budget reflects boosting social protection for the more damaged sector to contribute to decreasing the negative effects of war in Europe so that the state shoulder the biggest burden from the citizens, he said.

Volume of trade between Egypt, Russia rises to $4.7B in 2021 - min.

Thu, 16 Jun 2022 - 04:47 GMT

The minister made the remarks during her participation in St. Petersburg International Economic Forum, according to a press release by the trade ministry.

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