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Saudi ADES Holding signs long-term agreement to invest $66M in Egyptian oil fields
Saudi ADES Holding Company, has signed a long-term agreement to invest $66 million in the oil fields of the Suez Oil Company (SUCO) and the Offshore Shukeir Oil Company Co […]
Egypt inks agreement to establish LE 1.6B silo factory in East Port Said
Egypt’s East Port Said Development and Feerum Egypt signed an agreement to allocate land for the establishment of a grain storage silo factory in East Port Said with investments valued […]
Egypt continues humanitarian aid airdropping operations into Gaza
These operations come coincided with the takeoff of Egyptian military transport planes and their Emirati counterparts from Al-Arish Airport to carry out air drops of large quantities of food and […]
FM displays to U.S. delegation Egypt’s role in maintaining regional security
Minister of Foreign Affairs Sameh Shokry received Wednesday a delegation from the U.S. House Homeland Security Committee headed by Representative August Pfluger. Minister Shokry highlighted Egypt’s efforts in the […]
President Sisi urges int’l pressure for immediate Gaza ceasefire in meeting with US congressmen
President Abdel Fattah El-Sisi has called upon the international community to fulfill its responsibility in exerting pressure to achieve an immediate and sustainable ceasefire in Gaza. Sisi welcomed a delegation […]
New and Renewable Energy Authority set LE 8B as budget during FY2024/2025
The New and Renewable Energy Authority (NREA) is projected to have a budget of LE 8 billion for the fiscal year 2024/2025 (FY24/25), according to a statement issued by the […]
Egypt’s initiative to slash commodities prices by 30% post-Eid Al-Fitr
Prime Minister Mostafa Madbouly has unveiled a collaborative effort with traders and manufacturers aimed at reducing commodity prices. The initiative seeks to achieve a significant price reduction of 15 percent […]
AFD, EU grants €61.5M to develop Al Gabal Al Asfar Wastewater Treatment Plant
Minister of International Cooperation (MoIC), Rania Al-Mashat, finalized a financial arrangement with the French Development Agency (AFD) worth €50 million. The agreement also includes a grant of €1.5 million, according […]
Fatah Movement delegation brief Egypt’s FM on humanitarian, security conditions in Palestinian territories
Minister of Foreign Affairs Sameh Shokry and a Fatah Movement delegation discussed Tuesday the humanitarian and security conditions in the Palestinian territories that include Gaza Strip, the West Bank and […]
Egypt’s GAFI issues 6 golden licenses to investments worth LE5.6B
The General Authority for Investment and Free Zones (GAFI) issued six golden licenses for investments worth LE5.6 billion upping the total to 29. The National Egyptian Railway Industries Company […]
