Egypt opens €3.8 mln waste stations under Kitchener Drain Depollution Project
Egypt has opened two waste transfer stations in Dakahlia and Gharbia governorates at a combined cost of €3.8…
Browsing Tag
European Union
Egypt’s Cabinet approves €37 mln financing package for NWFE power grid project
Egypt's Cabinet has approved a draft presidential decree on financing agreements for the Egypt Electricity Grid…
Egypt’s Cabinet approves $15 mln garment factory under private free zone scheme
Egypt's Cabinet approved the establishment of a $15 million ready-made garments factory under the private free zone…
Sisi, von der Leyen discuss Egypt-EU ties, regional issues at G7 Summit
Egypt's President Abdel Fattah El Sisi and European Commission President Ursula von der Leyen discussed…
Sisi approves €75 mln EU grant to support local reform programme
President Abdel Fattah El-Sisi approved on Thursday a €75 million grant from the European Union to support the…
Egypt grants exceptional customs relief for transit shipments
Egypt’s Ministry of Finance has announced exceptional customs facilities for transit shipments at Egyptian ports to…
Egypt in talks with global lenders to shield budget from energy price shock
Egypt is working around the clock with international partners and financial institutions to secure concessional…
Cairo, MSMEDA sign EU, AFD-backed funding deal to boost Al-Zawya Al-Hamra infrastructure
Egypt’s Micro, Small and Medium Enterprise Development Agency (MSMEDA) and the Cairo Governorate signed a…
Egypt’s CBE, EU unveil ESCB Programme extension to 2027 to boost Africa’s financial…
The Central Bank of Egypt (CBE) and the European Union (EU) announced the extension of the EU-funded programme of…
Global markets slide on Monday
Global markets retreated on Monday as fresh US tariff threats against Europe rattled investors, weakened the…
Egypt receives first €1bn tranche of EU MFA support
Egypt received €1 billion in macro financial assistance from the European Commission on Thursday, marking the first…
Egypt to launch first medical tourism investment zone in May 2026: GAFI
Egypt’s first investment zone dedicated to medical tourism is set to begin operations in May 2026, covering 40…
Egypt, Slovakia sign deal to launch Joint Economic Committee
Egypt and Slovakia signed an agreement to establish a Joint Committee for Economic Cooperation, aiming to deepen…
EIB Institute donates €750k for humanitarian relief in Gaza
The EIB Institute, the philanthropic arm of the European Investment Bank (EIB), announced on Thursday a €750,000…
EU passes 19th sanctions package, cracks down on Russia’s oil fleet
The European Commission on Thursday announced the European Union’s 19th package of sanctions against Russia, in one…
Egypt joins EU’s €95b Horizon Europe research, innovation programme
Egypt has joined the European Union’s €95 billion Horizon Europe programme, expanding its access to the bloc’s…
Egypt, EU sign €75m deal to boost local socio-economic reforms, services
Egypt and the European Union signed a €75 million financing agreement to support local-level socio-economic…
Egypt, EU sign €4b deal for second phase of macro-financial assistance
Egypt and the European Union signed a €4 billion memorandum of understanding on Thursday for the second phase of…
Sisi to lead historic first-ever Egypt–EU Summit
Egypt’s President Abdel Fattah El-Sisi left Cairo on Tuesday for Brussels to lead the country’s delegation to the…
Egypt to launch one-stop digital platform to streamline investment procedures – minister
Egypt will soon launch a comprehensive digital platform to unify company registration, licensing and approvals as…
Arab nations top receivers of Egypt’s food exports in H1 ’25
Arab nations were the largest importers of Egyptian food products in the first half of 2025.
Egypt’s Sisi approves financing deal for Gabal El Asfar wastewater project
Egyptian President Abdel Fattah El-Sisi has approved a financing agreement between Egypt and the French Development…
Egypt approves €12m EU grant for population strategy
Egypt’s President Abdel Fattah El-Sisi approved Presidential Decree No. 131 of 2025 endorsing a financing agreement…
Egypt presses EU to act on Gaza as Abdel-Atty, Spanish counterpart confer
Egypt’s Foreign Minister Badr Abdel-Atty has urged the European Union to take concrete measures to pressure Israel…
Sterling gains against US Dollar on Ukraine peace deal prospects
The pound sterling climbed alongside the euro against the dollar on Tuesday as investors assessed the likelihood of…
Eurozone investor sentiment drops sharply as trade deal sours mood
Investor sentiment in the eurozone unexpectedly turned negative in August, marking one of the first signs that the…
French inflation flat in July, energy prices ease
France’s annual inflation rate remained unchanged at 1.0 per cent in July 2025, according to a provisional estimate…
Global electricity demand to surge through 2026 – IEA
Global electricity demand is expected to grow at one of the fastest sustained rates in over a decade, expanding by…
Italy seeks EU defence fund support to meet spending target
Italy has asked to access the European Union’s new arms-buying fund to help finance its rising defence commitments,…
Qatar threatens to cut EU LNG supplies over due diligence law
Qatar has threatened to cut natural gas (LNG) exports to the European Union (EU) in response to the bloc’s…
Egypt’s FM lauds EU commitment to S. Med. cooperation
Egyptian Foreign Minister Badr Abdel-Aty has welcomed the European Union's commitment to strengthening cooperation…
EU prepared to retaliate with €21b tariff package – Italy’s FM
The European Union readied a package of retaliatory tariffs worth €21 billion ($24.5 billion) on US goods should…
US tariffs harm both sides of Atlantic – von der Leyen
European Commission President Ursula von der Leyen warned on Saturday that a proposed 30 per cent tariff on…
Egypt, EU discuss strengthening economic cooperation
Egypt’s Minister of Investment Hassan El-Khatib met Monday with Head of European Union Delegation to Egypt,…
China targets EU medical devices in new import restrictions
China’s finance ministry said on Sunday it is restricting imports of medical devices from the European Union that…
Egypt FM urges deeper EU cooperation on migration, development
Egyptian Foreign Minister Badr Abdel-Aty has stressed the importance of strengthening cooperation with the European…
ECB’s Rehn: Joint defence spending could boost euro’s global role
Europe should pool its defence investments to cut costs, accelerate deployment, and create a safe financial asset…
Slovakia opposes EU gas phase-out, blocks sanctions deal
Slovakia is blocking the European Union's proposed 18th package of sanctions against Russia, demanding exceptions…
European Parl. approves final reading of 2nd loan tranche to Egypt
The European Parliament on Wednesday approved the final reading of a decision to grant Egypt the second tranche of…
Euro area inflation eases to 1.9% in May ’25
The euro area’s annual inflation rate reached 1.9 per cent in May 2025, down from 2.2 per cent in April, according…