Egypt’s car imports rise to $1.7B in 1st 8 months of 2024: CAPMAS
Egypt’s car imports surged during the first eight months of 2024, totaling $1.692 billion, up from $1.155 billion during the same period in 2023. This represents an increase of approximately […]
Egyptian Exchange indices close higher Tuesday
The Egyptian Exchange (EGX) ended Tuesday’s trading session on a positive note, with indices posting gains across the board. The market capitalization rose by nearly LE 2.226 trillion, reaching LE […]
Sanofi appoints new leader for Africa and Egypt
Sanofi announced the appointment of Adrien Delamare-Deboutteville as General Manager Pharma for Africa and Managing Director for Sanofi Egypt. Adrien has been leading Sanofi’s operations in the region following his […]
Oriental Weavers unveils its vision for 2025 at the Egypt Market Week Event
Oriental Weavers, the world’s leading manufacturer of woven carpets, successfully concluded its exclusive annual Egypt Market Week event, held under the theme “Innovation Rooted in Heritage” at its headquarters. The […]
Fitch Solutions predicts Egypt’s current account deficit to decline to 4.8% of GDP
Fitch Solutions has forecasted that Egypt’s current account deficit will decrease from 6.8 percent of GDP in the previous fiscal year to 4.8 percent in the current fiscal year, driven […]
IFC confirms agreement on key elements of Egypt’s airport privatization plan
The International Finance Corporation (IFC) has confirmed significant progress in the discussions with the Egyptian government regarding the country’s airport privatization program. In a meeting held on November 24, 2024, […]
Egypt discusses concerting efforts with FAO to achieve food security
During his visit to Italy to attend Rome MED Dialogues, Minister of Foreign Affairs and Immigration Badr Abdelatty met Monday Director-General of the Food and Agriculture Organization (FAO) Qu Dongyu. […]
Egypt’s FM Abdelatty meets representatives of Kuwaiti, foreign media outlets
Egypt’s Minister of Foreign Affairs, Emigration and Egyptian Expatriates Badr Abdelatty met on Sunday with representatives of Kuwaiti and foreign media outlets during his visit to Kuwait. Abdelatty reviewed the […]
Nabil Elaraby, Egypt’s Negotiator of Camp David Peace Conference and Taba Summit dies at 89
Ambassador Nabil Elaraby, former Egyptian Minister of Foreign Affairs and former Secretary-General of the Arab League, has passed away at the age of 89. Ambassador Mohamed Morsi shared on […]
Egypt’s President Sisi warns of expanding ongoing war on Gaza regionally
President Abdel Fattah El-Sisi received a phone call from Bulgarian President Rumen Radev, addressing the ongoing war on the Gaza Strip. The call touched on the distinguished cooperation between […]