The program is part of a broader $6 billion support initiative, announced in March 2024. aimed at boosting Egypt’s economic ...

Rania Al-Mashat, Minister of Planning, Economic Development, and International Cooperation, has projected that Egypt’s economy will grow by 4% during FY2024/2025. Speaking at the World Government ...

Prime Minister, Mostafa Madbouly, announced that the government is finalizing a new social protection package, which will be presented to President Abdel Fattah El-Sisi before Ramadan for approval, in ...

The Egyptian Commercial Service Authority and and the Omani Ministry of Commerce, Industry, and Investment Promotion signed a Memorandum of Understanding (MoU) aims to enhance investment promotion and ...

The Financial Regulatory Authority (FRA) has unveiled new regulations governing the investment allocations of insurance and reinsurance companies. The move is part of broader efforts to enhance ...

The General Authority for the Suez Canal Economic Zone (SCZONE) signed a strategic 25-year partnership agreement with a consortium of the two companies, including Egytrans and Nafith International, to ...

The Egyptian Cabinet approved five petroleum concession agreements involving the Egyptian General Petroleum Corporation (EGPC), the Egyptian Natural Gas Holding Company (EGAS), the South Valley ...

Egypt has confirmed the discovery of at least 8 million barrels of oil in the East Crystal-1 well, located in the Gulf of Suez, according to a statement released by the Ministry of Petroleum and ...

Prime Minister, Mostafa Madbouly, confirmed that Eni will resume operations in the Zohr gas field by the end of January 2025, during a press conference held after the Cabinet’s weekly meeting. Over ...

The Metallurgical Industries Holding (MIH) and British Petroleum (BP) have signed an agreement to restart the operations of the Egyptian Anode Blocks Company, in which the Holding Company for ...

Egypt aims to increase its agricultural exports by 20% in 2025, supported by the expansion of cultivated land by approximately 2.2 million feddans in the New Delta, according to Alaa Farouk, the ...