During the weekly press conference that followed the government meeting at its headquarters in New Alamein, Prime Minister Mostafa Madbouly addressed several inquiries from journalists and media professionals, responding to issues of public concern.

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Rania A. Al-Mashat, Minister of Planning, Economic Development, and International Cooperation, who also serves as Egypt’s Governor at the New Development Bank (NDB), met with Mr. Jin Liqun, President of the Asian Infrastructure Investment Bank (AIIB),…

The Egyptian Exchanged (EGX) kicked off September trading by starting the month off in the green, closing with a market capitalization of LE 2.116 trillion.

Benchmark index EGX 30 closed the session with an increase of 0.42 percent to reach 30,902.88…

Egypt will invest EGP 12 billion in establishing its first green industrial complex in the industrial zone of New Alamein, according to Chairman and CEO of Integrated Environmental Technologies and Oil Services (IETOS) Hazem Gaber.

Gaber made his sta…

President Abdel-Fattah El-Sisi has approved a 250 million euros loan deal with the Asian Infrastructure Investment Bank (AIIB) to modernize the Abu Qir railway line in Alexandria into an electric metro system.

The government approved the 250 million …

Minister of Local Development Manal Awad visited Qalubiya governorate where she was received by Governor Ayman Attia to inspect and inaugurate a number of developmental and service projects implemented to improve the services presented to the citizens…

Egyptian Ambassador in Lisbon Wael el Naggar confirmed Egypt seeks to boost investment and trade relations with Portugal to reach the level of distinguished political ties between the two countries.

The Egyptian diplomat’s remarks came at a meeting w…