The International Monetary Fund (IMF) will commence the fourth review of Egypt’s Extended Fund Facility (EFF) loan programme in November through an IMF mission visiting Cairo, Minister of Planning, Economic Development, and International Cooperation R…
Egypt’s GDP growth reached 2.4 percent in the final quarter of FY2023/2024, culminating in an annual growth rate of 2.4 percent, a decline from the 3.8 percent growth seen in FY2022/2023, according to the Ministry of Planning and Economic Development….
Chairman of the General Authority for the Suez Canal Economic Zone (SCZone) Walid Gamal El-Din met with officials from 30 companies, members of the French Employers Federation (MEDEF), at the conclusion of his promotional tour aimed at attracting Fren…
Prime Minister Moustafa Madbouli and Germany’s Bavaria Minister-President Markus Söder witnessed on Thursday a ceremony for inking a joint letter of intent between the Ministry of Electricity and Renewable Energy and government of Bavaria state on boo…
Tourism Minister Sherif Fathy discussed with his Saudi counterpart Ahmed Al-Khatib ways to enhance cooperation in various tourism sectors.
During his current visit to Riyadh, Fathy and his Saudi counterpart mulled mechanisms for joint tourism promoti…
Head of the Egyptian Tax Authority (ETA) Rasha Abdel Aal inked with Commissioner of the Russian Federal Taxation Service Daniil Yegorov a memorandum of understanding for technical cooperation in the field of the work of the tax administration on the s…
Egypt’s real gross domestic product (GDP) grew 2.4 per cent during the period from July 2023 to March 2024, compared to 4.1 per cent in corresponding period last year, a central bank report showed on Wednesday2/10/2024.
According to the Central Bank …
The Egyptian Cabinet has greenlit a proposal to establish a private free zone named Kingdom for Flax, with an estimated investment of $60 million.
This project, situated in the Developers Zone of Sadat City in the Monufia Governorate, will focus on f…
The cabinet voiced deep concerns about the ongoing developments in Lebanon.
It asserted Egypt’s full solidarity with the Lebanese government and people, pledging to exert all needed efforts to maintain stability, unity of lands and sovereignty of Leb…
Egypt is a magnet for many investment opportunities that are up for grabs by French businesspeople, said chairman of the Suez Canal Economic Zone (SCZONE) Walid Gamaleddin on Wednesday 2/10/2024.
Addressing a session on ‘Doing Business in Egypt: Chal…
Aqaba:The city of Aqaba is gearing up to welcome runners and visitors on December 4 for the Ayla Red Sea Half Marathon, a major event aimed at enhancing the city’s tourism appeal and reinforcing its status as a hub for sports tourism.
According to J…
