Most Recent News

Egypt’s engineering industry exports record $1.551B within 5 months

Egypt’s engineering industry exports increased by about 31 per cent to register $1.551 billion in the first five months of 2022, compared to $1.185 billion during the same period last.

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Egypt, Oman Agree To Establish A Joint Investment Fund

President of the Arab Republic of Egypt, Abdel Fatah El-Sisi, and the Sultan of Oman, Haitham bin Tariq, instructed studying the establishment of a joint investment fund between the two.

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UAE Foodtech Start-up Grubtech Expands Operations to Egypt

GrubTech, a start-up platform that digitizes the back-end operations of restaurants and cloud kitchens based in the UAE, has expanded to Egypt, diversifying its regional operations. Grubtech is a cloud.

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Egypt Signs $145.64 Million Deal With EU For Development

Egypt’s Ministry of International Cooperation has inked development financing grants worth US$145.64 million with the European Union, EU, to boost several sectors. The signing took place in Egypt on Europe.

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Egypt Frees Dozens Prisoners Ahead of Eid Holiday

Reports indicate that Egypt has released more than three dozen prisoners on Sunday, a week before the end of the Muslim holy month of Ramadan, which is traditionally a time.

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Saudi Cabinet approves agreement on investments by PIF in Egypt

Saudi Arabia’s Cabinet approved an agreement signed with the Egyptian government on investments by the Kingdom’s Public Investments Fund (PIF) in Egypt; state news agency SPA reported early Wednesday. The.

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Egypt, Kuwait Sign $2.5 Million Railway to Sudan Deal

Egypt and Kuwait have agreed to collaborate on the construction of a train connecting Egypt and Sudan. The $2.5 million deal was inked by Egypt’s Ministry of International Cooperation and.

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El-Sisi reviews electricity projects across Egypt

Egypt’s President, Abdel Fattah El-Sisi, met Sunday with Prime Minister, Mostafa Madbouly, and Minister of Electricity and Renewable Energy, Mohamed Shaker. The meeting followed up on electricity projects nationwide. During.

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Dana Gas receives $20m in payment from Egypt

Dana Gas received $20 million (Dh73.46m) in payment from the Egyptian government, bringing the total receivables from the North African country to $152m for 2018. The Sharjah company, one the.

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Egypt’s Sisi discusses regional issues, economic ties with Austrian President Van der Bellen in Vienna

Egypt’s President Abdel-Fattah El-Sisi met on Monday with his Austrian counterpart Alexander Van der Bellen in Vienna, where the two leaders discussed enhancing bilateral ties on the economic and political.

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