According to trusted sources who spoke to Bloomberg Asharq on Wednesday, Egypt intends to construct a sizable industrial zone near the Golden Triangle region in Upper Egypt. The sources disclosed …
Presidential Decree
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EconomyHighlights
President Sisi Reappoints Hassan Abdullah as Acting Central Bank Head
by Nada Khaledby Nada KhaledPresident Abdel Fattah El-Sisi extended Hassan Abdullah’s term as acting governor of the Central Bank of Egypt (CBE) for another year. This was announced in a presidential decree published in …
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News
Presidential Decree to Establish, Join New Development Bank Affiliated With BRICS
by nevineby nevineThe official gazette published on Thursday presidential decree no. 628 of 2022 on establishing a new development bank affiliated with BRICS and the joining document of Egypt to the bank. …
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News
Presidential Decree Approves Memo with France for Developing Green Hydrogen Sector in Egypt
by nevineby nevineThe official gazette published on Thursday a presidential decree sanctioning a memorandum of understanding for strategic technical cooperation between Egypt and France for developing green hydrogen sector in Egypt. Under …
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News
Presidential Decree Transferring Ownership of MIHC to Sovereign Fund of Egypt
by nevineby nevinePresident Abdel Fattah El Sisi issued presidential decree no. 102 of 2023 transferring 100% of the ownership of the shares of the Misr Insurance Holding Company (MIHC) to Sovereign Fund …