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Russia to complete its industrial zone in Egypt’s Ain al-Sokhna within 5 months
Russia is expected to complete its long-awaited industrial zone in Egypt’s canal city of Ain al-Sokhna within the next five months, Yehia Zaki – Suez Canal Economic Zone’s (SCZone) chairman told…
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Egypt’s economy seen growing in FY2021/22 as rebound continues – Reuters poll
Egypt’s economy is expected to grow 5.0 percent in the financial year 2021-2022 that ends in June next year, a Reuters survey showed on Monday.
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Egypt records EGP 93.1bn primary surplus in FY20/21
Egypt achieved a primary surplus of EGP 93.1 billion during fiscal year (FY) 2020/2021, making up 1.4% of the country's gross domestic product (GDP).
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Egyptian-South Sudanese 1st joint higher committee takes place Cairo
The first round of the joint Higher Committee’s preparatory meetings at the expert and ministerial levels between Egypt and South Sudan were held on July 27, which is considered the first joint…
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Egypt’s FRA approves amendments to mortgage finance law
The board of directors of the Egyptian Financial Regulatory Authority (FRA) approved the draft amendments to some provisions of the mortgage finance law no. 148 of 2001.
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SCZone inks deal with Mercedes-Benz to build logistics centre
The Suez Canal Economic Zone (SCZone) signed an agreement with Mercedes-Benz to establish a logistics centre in Ain Sokhna
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Egypt affirms keenness to advance strategic partnership with China
Egypt President Abdel Fattah Al-Sisi received, on Sunday, China’s Minister of Foreign Affairs Wang Yi
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Egypt ranks 4th in The Economist’s Normalcy Index showcasing resilience
Egypt ranked 4th among the top 10 countries showing resilience with an index of 88.7 in The Economist’s “normalcy index” that is tracking behavioural change due to the COVID-19 pandemic that impacted…
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Egypt is enhancing economic cooperation with Sudan to activate bilateral trade
Minister of Finance Mohamed Maait said Egypt and Sudan share common history and destiny as well as unified strategic objectives, noting that Egypt is seeking to enhance economic cooperation in the…
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Egypt becomes member of African Medicines Agency
Egypt has signed up to the African Medicines Agency (AMA) treaty, Health Minister Hala Zayed said yesterday.
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