Egypt has witnessed a significant surge in trade with BRICS nations during the first eight months of 2024. According to data released by the Central Agency for Public Mobilization and …
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United Bank of Egypt (UBE) will embark on a significant privatization move by listing 30% of its shares on the Egyptian Exchange (EGX). This strategic initiative is expected to be …
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The Egyptian President, Abdel Fattah al-Sisi, announced that the Algeria-Egypt Joint Commission would convene “shortly” in Cairo to strengthen cooperation between the two nations. In a joint press statement with …
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The Chairman and Managing Director of the Administrative Capital for Urban Development (ACUD), Khaled Abbas, received Kanazawa Yukio, owner of Titan Capital, and other members of a prominent Japanese investment …
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Egypt’s Minister of Environment, Yasmine Fouad, and the Minister of State for Military Production, Mohamed Salah El-Din Mustafa, inaugurated green banana fiber recycling plant. The factory that transforms banana fiber …
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The Micro, Small and Medium Enterprise Development Agency (MSMEDA) has invested significantly in Port Said Governorate, injecting EGP 508.7 million into 14,500 small and micro projects over the past decade. …
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The Egyptian Sovereign Fund for Investment and Development (formerly known as The Sovereign Fund of Egypt -TSFE) will now operate under the Ministry of Investment, as per a recent decree …
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Egypt’s former Finance Minister, Mohamed Maait, has been elected as the executive director representing Arab countries and the Maldives at the International Monetary Fund (IMF). The Egyptian cabinet announced his …
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Economy
Egypt’s Finance Minister In Talks with Global Financial Leaders at IMF and World Bank Meetings
Egypt’s Finance Minister, Ahmed Kouchouk, met with representatives from leading financial institutions and investment banks during the annual meetings of the IMF and World Bank in Washington. Key participants included …
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Minister of Communications and Information Technology, Amr Talaat, inaugurated the first innovation center of the Deloitte Innovation Hub, a $30 million investment. “This new center is a testament to Egypt’s …
