Mostafa Madbouly, Prime Minister, confirmed that the final draft of the Export Subsidy Program has been completed and is scheduled to be implemented starting July 1st for a period of three years. In a ...

Egypt has signed an advisory services agreement between the Egyptian government and the International Finance Corporation (IFC), the private sector arm of the World Bank, aimed at expanding private ...

The General Authority for the Suez Canal Economic Zone (SCZone) has announced the trial launch of a series of digital services dedicated to investors, part of the first phase of the Authority's ...

The Financial Regulatory Authority (FRA) has granted approval to three brokerage firms—Telda, Beltone, and Thndr—to conduct their operations using financial technology (fintech). This approval marks a ...

With a total of 60 projects selected for this phase, benefiting various Mediterranean countries, the program has secured €134 million in funding, of which €119 million is provided by the EU. Egypt has ...

According to Fitch Solutions’ research unit, BMI, countries in the MENA region—particularly those in the Gulf Cooperation Council (GCC)—are expected to remain largely unaffected by direct tariffs from ...

Egypt achieved highest-ever primary surplus, reaching EGP 170 billion during FY2024/2025, according to a statement released by the Egyptian Cabinet. This marks a significant improvement compared to ...

A recent report by Jefferies Investment Bank, a leading firm in shipping statistics, reported that based on Automatic Identification System (AIS) tracking, approximately 200 commercial shipping ...

The Suez Canal Economic Zone (SCZone) has signed a land usufruct agreement with Jiangsu Guotai, a leading Chinese textile and garment company, to establish a ready-made garment factory in Qantara West ...

Rania Al-Mashat, Egypt’s Minister of Planning, Economic Development, and International Cooperation, announced that the trade volume between Egypt and the United Kingdom reached £4.7 billion in 2024.

Al-Organi Group and El-Garhy Group have announced the signing of a Memorandum of Understanding (MoU) between ODI, a subsidiary of Al-Organi Group, and Al-Wahda for Industrial Development, a subsidiary ...

Egypt’s Core Consumer Price Index (CPI) inflation stood at 1.6% in February 2025, according to the Central Bank of Egypt (CBE), marking a substantial decrease compared to 13.2% in February 2024 and a ...