Chairman Jun Su Jung revealed that Samsung Electronics’ exports from Egypt amount to $700 million during his meeting with Egyptian Prime Minister Mostafa Madbouly. He added that the company is …
News Agencies
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EconomyHighlights
Egypt Thrives on Further Collaboration with WB in Managing State-Owned Companies: PM
Egypt’s Prime Minister, Mostafa Madbouly, stated that Egypt is looking for expanded cooperation with the World Bank. During a recent meeting with World Bank officials, Madbouly stressed Egypt’s commitment to …
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HighlightsLifestyle
Meta, Egypt’s Ministry of Youth Collaborate for Youth Well-being On Safer Internet Day
Meta and Egypt’s Ministry of Youth and Sports have partnered to prioritize the safety and wellbeing of young people. This collaboration demonstrates Meta’s commitment to creating a secure digital …
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Arts & CultureHighlights
Oman Named Guest of Honor for 56th Cairo Int’l Book Fair: Egypt’s Culture Minister
Egypt’s Minister of Culture, Dr. Nevin Al Kilani, announced selecting Sultanate of Oman as the guest of honor for the upcoming edition of Cairo International Book Fair 2025. The announcement …
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The Egyptian Space Agency (EgSA) successfully launched its experimental satellite, NExSat-1, using China’s Jielong-3 orbital launch vehicle, on Saturday 3 February 2024. NExSat-1, a microsatellite weighing 67 kg, received initial …
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EconomyHighlights
Central Bank of Egypt announces a $30 million increase in foreign currency reserves
The Central Bank of Egypt (CBE) announced Monday an increase in the reserves of foreign currencies by about 30 million dollars. The CBE put the total reserves of foreign currencies …
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Minister of Emigration and Expatriate Affairs, Soha Al-Gendy, revealed that the tax-free car import initiative for Egyptian expats brought up to US$850 million to Finance Ministry. “Egyptians abroad are willing to …
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The Egyptian pound has experienced a soaring by 39% against the US dollar within a few days. This dramatic rise has driven down the exchange rate of the US currency …
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In his video message at the G20 Ministerial Conference on Women’s Empowerment, Indian PM Modi said that when women prosper, the world prospers. A paradigm shift of women-led development and …
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EconomyHighlights
Collaboration between Social Solidarity Ministry and CBE promotes financial inclusion and supports MSMEs
Egypt’s Ministry of Social Solidarity partnered with multiple banks to organize “Diarna” exhibitions at bank headquarters. This is a step is taken in a joint effort to foster financial inclusion …