Browsing: Egypt

Egyptian Foreign Minister Samah Shoukry held bilateral talks, Tuesday, with Cypriot Foreign Minister Konstantinos Kombos, who is currently visiting Cairo.…

 Egypt’s net foreign reserves rose to $46.126 billion in May from $41.057 billion in April, central bank data showed on Tuesday.

The trade exchange between Egypt and Hungary rose by 16.9% year on year (YoY) to $379 million in 2023, compared to $324 million, Minister of Trade and Industry Ahmed Samir stated.

North Petroleum International Company (NPIC), the Egyptian subsidiary of China’s Zhen Hua Oil, has pledged to invest $78 million to increase its production in Egypt’s Western Desert, Al Mal News reported.

The InstaPay App will introduce a new feature enabling instant payments between individuals via a QR code within a few days

The report emphasizes that the Government’s SOE reform programme is outlined in the recent SOP, subsequent policy statements, and associated regulations

Over the past years, the government has actively worked on developing the tax system by implementing various projects and initiatives aimed at simplifying procedures and stimulating the investment environment

During their discussion, El Molla emphasized that Egypt’s petroleum sector benefits from advanced infrastructure and the expertise of distinguished Egyptian professionals

Egyptian President Abdel Fattah al-Sisi reappointed on Monday Prime Minister Mostafa Madbouly to form a new government after the latter…

Egypt is targeting $30 billion in foreign direct investment in the 2024/25 fiscal year starting July 1, a budget statement approved by parliament on Monday showed.