Egypt

Investment and Foreign Trade Minister Mohamed Farid Saleh stressed that Nigeria is an important economic and investment partner for Egypt and a promising market for Egyptian companies and products. Farid noted that the ministry is working to deepen cooperation with African countries and open new areas for investment and trade to support economic integration across

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Egypt and Kenya discussed expanding cooperation in healthcare and strengthening pharmaceutical security across Africa, focusing on local manufacturing of medicines and vaccines, reducing reliance on imports, and increasing the exchange of medical expertise. Egypt’s Ministry of Health and Population said Minister Khaled Abdel Ghaffar met his Kenyan counterpart, Aden Bare Duale, to explore opportunities for

Thousands of jubilant fans flooded the streets of Egypt after the national team made history by reaching the World Cup quarter-finals for the first time. Egypt defeated Australia 4-2 on penalties after a dramatic 1-1 draw, with Hossam Abdelmaguid scoring the winning spot-kick to spark celebrations across the country. Heartbreak for Cape Verde as the

Egypt will launch a sovereign-led industrial investment fund to enhance manufacturing capabilities and boost exports, alongside a separate fund targeting private sector investments in Africa, Minister of Investment and Foreign Trade Mohamed Farid announced on Tuesday. During a meeting with Prime Minister Mostafa Madbouly, Farid outlined the proposed investment structure for the industrial fund, which

Upper Egypt’s ongoing industrial, production, and service projects were the focus of a review by Minister of Local Development and Environment Manal Awad and Head of the Upper Egypt Development Authority Amr Abdel Moneim, with both officials mandating the integration of environmental standards into all regional investments. The projects currently underway for the current fiscal

Egypt’s newly approved state budget aims to reduce the debt-to-GDP ratio to approximately 78% by June 2027 and cut external debt by $1bn to $2bn, Prime Minister Mostafa Madbouly announced on Wednesday, as the economy recorded a 5% growth rate in the third quarter despite the regional fallout from the US-Iran war. Economic Growth and

The Egyptian Meteorological Authority has released the weather forecast for the current week, warning of a gradual rise in temperatures across the country coinciding with the first days of June. The weather will be mild in the early morning, turning hot during the day across Greater Cairo and Lower Egypt...