The cabinet under Moustafa Madbouli approved on Thursday 22/8/2024 a presidential decree approving a memo of understanding with the EU to boost Egypt’s economy and budget by one billion euros.

The financial assistance aims at easing foreign financing…

The Egyptian Cabinet has greenlit a proposal from the Emirati company Masdar for commencing studies on a solar energy station project capable of generating up to 4 gigawatts.

In addition, they have approved advancing a project by the same company to …

Minister of Petroleum and Mineral Resources Karim Badawi has held a virtual meeting with Dalia El Gabry, the Vice President and Country Chair of Shell Egypt N.V. E (Shell Egypt), where a presentation was given about the company’s ongoing operations as…

Minister Hassan El-Khatib, responsible for Investment and Foreign Trade, held discussions with a delegation from General Electric Healthcare to assess the company’s existing and upcoming commitments within the Egyptian market.

During the meeting, the…

Egypt’s non-petroleum merchandise exports experienced a $325 million increase in July, to record $3.1 billion, marking a 12 percent growth compared to July 2023’s $2.8 billion.as confirmed by Essam El-Naggar, the Chairman of the General Organization f…

Egyptian Electricity Minister Mahmoud Esmat has discussed with the CEO of China’s Huawei and the CEO of Huawei Egypt Jim Liu and their accompanying delegation ways to cement co-operation in relevant fields.

The Ministry of Electricity said in a state…

Industrial and mining industries in Najran Region have advanced significantly, producing top-quality goods that are exported to markets in over 25 countries.

The industrial city of Najran houses innovative factories that have automated their producti…