Egypt
April

Egypt releases $15 bln in imported goods from ports in Q1 2023
The Egyptian government has released $15 billion worth of goods that were stranded at ports during the first quarter of 2023, said Head of the Egyptian Customs Authority El-Shahat Gatoury, according t...
April

Egypt-Spain relations witness remarkable development in recent years: Spanish ambassador in Cairo
Egypt and Spain have strong relations, but they have not fulfilled the full potential of their relationship. In this article, Alvaro Iranzo Gutiérrez, the ambassador of Spain to Cairo, explains how th...
April

Egypt, Int’l Cooperation Ministry reviews efforts to back entrepreneurship, innovation in 2022
The Ministry of International Cooperation has released its annual report on efforts exerted to support entrepreneurship, innovation, digital transformation and youth empowerment in 2022, shedding...
April

Egypt : EGX ends week in semi-collective regression, market cap. loses LE4.2B
CAIRO – 30 March 2023: The Egyptian Exchange (EGX) ended Thursday’s session in a semi-collective regression, losing around LE 4.2 billion of the market capitalization, amid foreign selling. The b...
April

Egypt approves 2023/24 draft budget, reduces growth targets to 4.1%
CAIRO 30 March 2023: The Egyptian Cabinet approved, Wednesday, the draft budget for the next fiscal year 2023/2024, which reduced growth targets to 4.1 percent, compared to 5 percent announced a few...
April

Egypt : EU sign 40 mln euro grant agreement to enhance food security
Egypt and the European Union signed a grant agreement worth 40 million euros to enhance food security efforts in Egypt, implemented by the Italian Agency of Development Cooperation (IADC), a statement...
April

Egypt : Central Bank Of Egypt Hikes Interest Rates By 200 Basis Points Amid Economic Headwinds
The Central Bank of Egypt (CBE) authorized Thursday an increase of 200 basis points (bps), or 2%, to its key interest rates as the urgency to contain inflationary pressures intensifies amid the devalu...
March

EGYPTE -Egypt eases tourist visa requirements for China, Iran, India, Turkey, Morocco and Algeria
Egypt eases tourist visa requirements for China, Iran, India, Turkey, Morocco, Algeria In a press conference held today, Minister of Tourism and Antiquities Ahmed Issa announced that tourists fro...
March

EGYPTE-Egypt Targets 4.1% Economic Growth In Fiscal 2024, Highest Budget Surplus
Egypt Targets 4.1% Economic Growth In Fiscal 2024, Highest Budget Surplusthe Egyptian cabinet said Wednesday it targets 4.1% growth in the gross domestic product (GDP) and aims to achieve the highest...
March

EGYPTE-Egypt’s IDA gears up to provide its services for investors online
Egypt’s IDA gears up to provide its services for investors online Chairperson of Industrial Development Authority (IDA) Mohamed Abdel Karim announced holding monthly meetings with representatives of e...
March

EGYPTE-Egypt aims to attract 30 million tourists in 2028: Tourism Minister
Egypt aims to attract 30 million tourists in 2028: Tourism MinisterMinister of Tourism and Antiquities Ahmed Issa presented the new national strategy for tourism in Egypt, and stated, “Since October l...
March

EGYPTE-International powerhouse brands turn to inaugural GITEX Africa 2023 as launchpad to scale operations in the world’s next biggest digital economy
International powerhouse brands turn to inaugural GITEX Africa 2023 as launchpad to scale operations in the world’s next biggest digital economy Global tech pioneers and innovators are preparing t...