Business

Minister of Petroleum and Mineral Resources, Karim Badawi, held a meeting with officials from the UK’s Capricorn Energy Company. The Capricorn delegation included Randy Neely, CEO Capricorn Energy PLC; Geoff Probert, Capricorn Energy COO; and Eleanor …

Minister of Petroleum and Mineral Resources Karim Badawi has held a meeting with officials from the French energy giant TotalEnergies.

The TotalEnergies delegation included Thomas Strauss, Managing Director at TotalEnergies Marketing Egypt; and Pasca…

Egypt’s Prime Minister Moustafa Madbouli attended on Wednesday an official dinner banquet in the presence of Chinese President Xi Jinping and his wife on the fringe of the Forum on China-Africa Cooperation (FOCAC).

FOCAC focuses on enhancing African-…

Chairman of the Suez Canal Economic Zone (SCZONE) Walid Gamal Eddin asserted that the Egyptian government offers major facilitations to support automotive industry locally.

He noted that the SCZONE will offer all needed support by offering all needed…

Turkish President Recep Tayyip Erdogan stated on Wednesday 4/9/2024 that economic cooperation and trade composed the main components of Egyptian-Turkish relations, saying that the two countries aim for $15 billion worth of trade annually in the coming…

Deputy Prime Minister, Minister of Planning, Mohammed Tamim, chaired a meeting today, Tuesday, which included the Undersecretaries of the Ministries of Planning and Transport, the Prime Minister’s Advisors for Economic and Technical Affairs, and a num…

The International Monetary Fund (IMF) has projected a substantial increase in Egypt’s gross international reserves.

In its staff report for the third review under Egypt’s $8 billion loan programme, the IMF forecast a rise of 40.889 percent from $47.2…