Egypt Today staff

The series Eqama Gabreya will be exclusively available on the WATCH IT platform starting January 8

Mon, 23 Dec 2024 - 09:53 GMT

The series Eqama Gabreya will be exclusively available on the WATCH IT platform starting January 8.

Egypt’s FM receives phone call from Jordanian counterpart after Safadi’s meeting with Syrian de-facto leader

Mon, 23 Dec 2024 - 06:29 GMT

Abdeatty and Safadi tackled the latest developments in Syria as the Egyptian Foreign Minister listened to the outcomes of Safadi’s visit to Syria, said the Egyptian Foreign Ministry in a statement on Monday.

Egyptian, Saudi FMs discuss latest developments in Syria

Mon, 23 Dec 2024 - 05:48 GMT

The phone call was made after a Saudi delegation visited Syrian on Sunday and met with the Syrian de-facto leader Ahmed El-Sharaa, the leader of the Syrian opposition military operation that toppled the regime of the ousted President Bashar Al-Assad.

Tourism sector recovered to see 14% growth compared to pre-COVID numbers | Tourism Minister

Mon, 23 Dec 2024 - 03:56 GMT

According to Minister of Tourism and Antiquities Sherif Fathy, in 2023, the country's tourism sector experienced a 14 percent growth compared to pre-COVID levels, with positive results in both tourist numbers and revenue generation.

Egypt's ready-made garment exports surge by 17% to $2.27B in first 10 months of 2024

Mon, 23 Dec 2024 - 03:38 GMT

This growth has been fueled by a surge in foreign investments from countries like China, Vietnam, Turkey, and India, coupled with local investments by Egyptian manufacturers

SCZone Secures $8.8 Million Investment from Turkey’s Denim Rise for Garments Project

Mon, 23 Dec 2024 - 03:36 GMT

Gamal El-Din highlighted the strategic advantages of the Qantara West industrial zone, citing its proximity to Canal and Delta governorates, making it ideal for labor-intensive projects.

Egypt Advances Export Rebate Program with EGP 70 Billion Disbursed Over Five Years

Mon, 23 Dec 2024 - 03:33 GMT

During a review meeting chaired by Prime Minister Mostafa Madbouly, Minister of Investment and Foreign Trade Hassan El-Khatib announced that 685 companies have completed their documentation and are now eligible to receive their dues through the Export Development Fund’s updated rebate mechanism.

Madbouly reviews plans for Jarjoub Economic Zone development

Mon, 23 Dec 2024 - 03:19 GMT

The Prime Minister opened the session by emphasizing the state’s strategic efforts in Jarjoub, noting the establishment of a port and ongoing renewable energy projects in the region.

EGX trading ends in the red on Monday

Mon, 23 Dec 2024 - 02:50 GMT

Monday trading reported 1.351 billion shares exchanged with a turnover of LE 3.128 billion.

Cheiron Petroleum to Boost Natural Gas Production in the Mediterranean by 2025

Mon, 23 Dec 2024 - 02:18 GMT

The company has already initiated drilling its first well in the region, part of a broader strategy to drill seven wells targeting natural gas and condensates.

Egypt’s Senate approves ‘medical liability and patient protection’ Act

Mon, 23 Dec 2024 - 02:16 GMT

Egypt’s Senate approved on Monday the draft law on ‘medical liability and patient protection’ during the general session.

Egypt’s car imports decrease by $55M in September 2024

Mon, 23 Dec 2024 - 02:12 GMT

Despite this drop, passenger car imports witnessed a notable increase earlier in the year. Between January and August 2024, total passenger car imports surged to $1.692 billion, compared to $1.155 billion during the same period in 2023, marking an increase of $536.623 million.

Egyptians strengthen MENA's startup ecosystem, grabs 4 spots on Forbes' top VC list

Mon, 23 Dec 2024 - 02:03 GMT

Egypt continues to solidify its position as a key player in MENA's startup ecosystem, with four Egyptian venture capitalists featured on Forbes’ list of the region’s top investors.

TMG sales exceed $10bn in 2024 solidifying regional real estate leadership

Mon, 23 Dec 2024 - 01:52 GMT

Talaat Moustafa Holding Group (TMG) has reported record sales for 2024, exceeding EGP 0.5trn, or approximately $10bn, by December 22. This figure marks a significant milestone for the company, solidifying its position as a leading real estate developer in Egypt and the region.

How to Look At This Year With Kinder Eyes

Mon, 23 Dec 2024 - 01:16 GMT

here are some things that can help you look at this year with kinder eyes.

Antipollution marine units arrive Suez Canal, Chairman Osama Rabie

Mon, 23 Dec 2024 - 01:11 GMT

Lieutenant General Osama Rabie, Chairman of the Suez Canal Authority, announced, Monday, the arrival of some marine units of the ‘Antipollution Egypt’ fleet in preparation for the start of providing waste collection and safe disposal services from ships crossing the canal within the northern and southern entrances during the first quarter of next year 2025.

Secretary-General of Islamic Jihad Movement departs Cairo after constructive talks

Mon, 23 Dec 2024 - 12:57 GMT

Secretary-General of the Islamic Jihad Movement, Ziyad al-Nakhalah, and his deputy, Mohammed al-Hindi, left Cairo on Monday after holding important and constructive discussions with Egyptian officials regarding the war on Gaza.

Security source denies rumors on conditions in rehabilitation center

Mon, 23 Dec 2024 - 12:45 GMT

A security source denied rumors published on a social media page affiliated to the terrorist Muslim Brotherhood (MB) group about the conditions inside a reform and rehabilitation center.

FM asserts importance of Egyptian role in supporting issues of African continent on all fronts

Mon, 23 Dec 2024 - 12:42 GMT

Minister of Foreign Affairs, Emigration and Egyptian Expatriates Badr Abdelatty asserted the importance of the Egyptian role in supporting issues of the African continent on all fronts.

MOIC strengthens partnership with World Bank to boost economic growth, employment

Mon, 23 Dec 2024 - 11:29 GMT

Al-Mashat emphasized the World Bank Group’s vital role as a strategic partner in advancing Egypt’s economic priorities. She acknowledged the bank’s substantial contributions across sectors such as education, healthcare, transportation, social protection, housing, and private sector development

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