Egypt signs deal with China’s CATL to build EV battery plant
Egypt has signed a contract with Chinese battery maker Contemporary Amperex Technology (CATL) to establish a…
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Moustafa Madbouly
Egypt studies new inlet for Lake Burullus to improve water quality
Egypt is studying the possibility of creating a new inlet connecting Lake Burullus to the Mediterranean Sea to help…
Kafr El-Sheikh completes Haya Karima first phase – Madbouly
Egypt's Kafr El-Sheikh governorate has completed all projects under the first phase of the presidential Haya Karima…
Egypt’s PM, central bank governor discuss reserves, inflation, dollar inflows
Prime Minister Moustafa Madbouly and Central Bank of Egypt (CBE) Governor Hassan Abdalla discussed on Monday…
SCZONE lighting factory matches products once made in Germany, Madbouly says
A lighting products factory in Egypt's Suez Canal Economic Zone (SCZONE) has reached a production level comparable…
Egypt’s SCZONE factories have 40%-95% local content – PM
New factories in Egypt's Suez Canal Economic Zone (SCZONE) have local content ranging from 40 per cent to as much…
Egypt, China’s Jiangsu Changyun sign MoU for automotive manufacturing platform
Egypt signed a memorandum of understanding with Chinese machinery maker Jiangsu Changyun Intelligent Technology…
Egypt denies plans to sell Suez Canal, dismisses $500 mln loss claim
Egypt denied plans to sell, pledge, or transfer ownership of the Suez Canal in exchange for government debt,…
Egypt, UAE’s Fujairah accelerate plans for Alamein oil trading hub
Egyptian Prime Minister Moustafa Madbouly met officials from the United Arab Emirates' Fujairah emirate on Tuesday…
Egypt’s PM reviews final preparations for Chinese president’s visit
Egyptian Prime Minister Moustafa Madbouly reviewed final preparations on Monday for Chinese President Xi Jinping's…
Egypt extends Sunday remote work for government employees through September
Egypt's Cabinet approved extending remote work for employees of government bodies and facilities on Sundays…
Eni says Egypt investments hit $8.5 bln, vows to deepen partnership
Italian energy group Eni has invested $8.5 billion in Egypt and plans to deepen its partnership with the country,…
Egypt’s PM, c.bank governor discuss inflation, FX flows ahead of economic programme
Egypt is stepping up coordination between the government and the central bank as officials prepare a national…
Egypt unveils new investment framework for Innovators Support Fund
Egypt is moving to place the resources of its Innovators Support Fund (ISF) under professional investment and…
Egypt allocates EGP 48 bln to raise 5 universities to TIER1
Egypt will invest 48 billion Egyptian pounds ($943.4 million) over three years to apply a TIER1 model for five…
Egypt moves Prophet Muhammad’s birthday holiday to 27 August
Egypt will observe a public holiday on Thursday, 27 August, to mark the birthday of Prophet Muhammad, instead of…
Egypt to upgrade 23 youth centres under civil society partnerships
Egypt will upgrade 23 youth centres across several governorates under six cooperation agreements between the…
Egypt’s power sector investments hit EGP 5 trln since 2014 – minister
Egypt's investments in the electricity and renewable energy sector have reached about 5 trillion Egyptian pounds…
Egypt’s Sisi approves tax sukuk proposal
Egyptian President Abdel Fattah El-Sisi approved a proposal on Monday to issue tax sukuk that would allow taxpayers…
Egypt, Qatari Diar review North Coast development project
Prime Minister Moustafa Madbouly on Wednesday reviewed progress on the mega Alam El-Roum development project with…
Egypt launches smart transport JV for new cities
Egypt signed an agreement on Wednesday to establish a joint venture that will operate smart public transport…
Egypt signs tourism land pact to spur investment projects
Egypt signed a cooperation agreement to develop state-owned land in key tourism areas, as the government seeks to…
Egypt’s PM reviews $5 billion FDI plan for healthcare hubs
Authorities in Egypt are reviewing a proposal from an international private-sector consortium to develop two…
Egypt’s PM reviews strategic food reserves, market supply measures
Egypt’s Prime Minister Moustafa Madbouly reviewed the availability of strategic food reserves and measures to…
Egypt says sugar reserves sufficient for one year’s demand
Egypt has strategic sugar reserves sufficient to cover about one year of domestic consumption, the government said…
Egypt to finalise post-IMF national economic programme by end-Sept – PM
Egypt expects to complete a national economic programme outlining its strategy beyond the current International…
Egypt expects $1.7 bln IMF disbursement next week – PM
Egypt expects to receive a $1.7 billion disbursement from the International Monetary Fund (IMF) next week after the…
Egypt to deploy backup LNG vessel from Jordan after Damietta fire – PM
Egypt will deploy a standby liquefied natural gas (LNG) regasification vessel from Jordan while repairs are carried…
Egypt’s gas, power supplies unaffected by Damietta incident – PM
Egypt's energy and natural gas supplies have not been affected by this week's vessel incident at Damietta Port as…
Egypt’s PM says swift response averted wider damage at Damietta Port
Egyptian Prime Minister Moustafa Madbouly said on Thursday that a rapid response by emergency services and state…
Egypt’s PM says investigation into Damietta port drone attack ongoing
Egyptian Prime Minister Moustafa Madbouly said on Thursday that investigations into the drone attack on Damietta…
URGENT: Egypt’s Damietta LNG regasification vessel unharmed after fire – PM
Egypt's floating storage and regasification unit (FSRU) at Damietta Port was not damaged by this week's fire, which…
Egypt extends Sunday remote work for public employees through August
Egypt's Cabinet on Thursday extended a work-from-home arrangement allowing eligible public-sector employees to work…
Egypt’s PM reviews response to Damietta Port drone incident
Egyptian Prime Minister Moustafa Madbouly said on Thursday that operations at Damietta Port had returned to normal…
Egypt, Libya agree to deepen energy cooperation, advance power link
Egypt and Libya agreed on Thursday to deepen cooperation in natural gas, oil exploration, and electricity…
Egypt’s PM reviews plans to expand strategic fuel reserves
Prime Minister Moustafa Madbouly reviewed Egypt's plans to expand strategic petroleum reserves on Wednesday as the…
Sisi approves new tax reform laws as Egypt prepares more measures
President Abdel Fattah El-Sisi ratified eight laws introducing a second package of tax reforms on Wednesday, as…
Egypt signs Marriott deal for 11 hotels, 1,800 rooms
Egypt signed an agreement with Marriott International and local developers Misr Italia Properties and People &…
Egypt’s PM reviews measures to boost investment in Sinai
Egyptian Prime Minister Moustafa Madbouly reviewed government measures on Tuesday to attract more investment to the…
Egypt to expand healthcare coverage for informal workers, citizens abroad
Egypt is stepping up efforts to expand social protection and healthcare coverage to informal workers, self-employed…