Egypt’s non-oil exports hit $40.8b in 2024, boosted by key sectors – PM
Egypt's non-oil exports have seen impressive growth, approaching $41 billion in 2024, Prime Minister Moustafa…
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Moustafa Madbouly
BP to begin gas production from new wells in Egypt’s Raven Field by Feb – PM
UK oil major BP Plc is poised to begin gas production from two newly completed wells in the Raven Field off Egypt’s…
Eni to resume drilling at Zohr Field before Jan-end; says Egypt’s PM
Egypt's Prime Minister Moustafa Madbouly announced on Thursday that Italian oil major Eni will resume drilling…
Egypt’s PM unveils 105 new oil, gas wells in 6 months
Egyptian Prime Minister Moustafa Madbouly announced on Thursday the drilling of 105 new wells in the past six…
Egypt’s inflation trend moving downward – PM
Prime Minister Moustafa Madbouly said on Thursday that Egypt’s inflationary trend is now on “a downward…
Geely launches first car assembly plant in Egypt
Egypt's Prime Minister Moustafa Madbouly witnessed on Wednesday the inauguration of Geely's new car assembly plant…
Chinese tyre giant plans production expansion in Egypt – Cabinet
China National Tire & Rubber Co. Ltd. (CNTR), the largest tyre manufacturer in China, is planning to…
Egypt clears over $79b in imported goods in a year – Cabinet
Egypt’s government has cleared more than $79 billion worth of imported goods from January 2024 to January 8, 2025,…
Konecta to establish regional hub, AI centre of excellence in Egypt
Egypt's Information Technology Industry Development Agency (ITIDA) signed on Thursday a Memorandum of Understanding…
Egypt clears EGP 70b in exporter arrears during 2019-2024
Egypt’s Finance Minister Ahmed Kouchouk and Investment Minister Hassan El-Khatib announced on Wednesday that the…