Economy Minister Calls for Acceleration of IsDB-Backed Projects
October 16, 2026
August 8, 2024
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PM: Egypt aims to reduce inflation to below 10% by early 2026
August 8, 2024
Prime Minister Mostafa Madbouly announced that Egypt is targeting a reduction in the inflation rate to less than 10% by the beginning of 2026 at the latest.
Madbouly addressed reporters in a press conference on Thursday 8/8/2024 following the weekly …
Egypt allocates LE 1.9B to 560 exporting companies: Finance Minister
August 8, 2024
Egypt has allocated a total of LE 1.9 billion to 560 exporting companies as part of the instant cash payment initiative, according to a statement by Minister of Finance, Ahmed Kouchouk.
This phase saw 1,590 companies benefitting, receiving a total ex…
Pakistan expresses solidarity with people of Bangladesh
August 8, 2024
The Government and people of Pakistan stand in solidarity with the people of Bangladesh, sincerely hoping for a peaceful and swift return to normalcy, Pakistan Foreign Office said in a press release on Wednesday.
“We are confident that the resilient…
Hisense, FBB TECH to establish $38M electrical appliances factory in SCZone
August 8, 2024
Egypt’s Hisense which specializes in manufacturing electrical appliances, has signed a contract with the Chinese industrial developer (TEDA – Egypt), in the Suez Canal Economic Zone (SCZone), where the project is being held in partnership with the Emi…
Egyptian and Malian FMs Discuss Strengthening Bilateral Relations
August 8, 2024
Egypt’s Minister of Foreign Affairs and Emigration and Egyptian Affairs Abroad, Dr. Badr Abdel Aaty, held a phone call today with his Malian counterpart, Abdullah Diop, Minister of Foreign Affairs and International Cooperation of Mali. This interactio…
Egypt, UAE forge path to $3B Mediterranean logistics trading zone
August 8, 2024
Egypt and the UAE joined a strategic partnership, by signing a memorandum of understanding (MoU). This landmark agreement sets the stage for the establishment of a cutting-edge logistics trading zone in the Mediterranean region, with investments proje…
Egypt FM urges end to Israeli Gaza war, brinkmanship policy in call with EU’s Borrell
August 8, 2024
Minister of Foreign Affairs Badr Abdelatty stressed the need to end the Gaza war in a phone call with EU High Representative for Foreign Affairs and Security Policy Josep Borrell.
The call focussed on the latest developments in the Gaza Strip and Egy…