News

In a move to strengthen the digital payments landscape and enhance financial service security and efficiency, the Central Bank of Egypt (CBE) has announced the issuance of new regulations governing ...
Egypt has ranked seventh globally in remittance inflows, receiving a total of $22.7 billion in 2024, according to the World Bank, as announced by Egypt’s Central Agency for Public Mobilization and ...
Dr. Rania Al-Mashat, Egypt’s Minister of Planning, Economic Development, and International Cooperation, met with Elena Panova, the United Nations Resident Coordinator in Egypt, to discuss avenues of ...
Karim Badawi, Minister of Petroleum and Mineral Resources, announced that a total of 75 wells were drilled between July 2024 and May 2025. Of these, 69 wells were evaluated, resulting in 40 ...
Egypt’s engineering industries recorded a 19% increase in export activity during the first four months of 2025, with total exports reaching approximately $2.1 billion, compared to the same period in ...
Egypt’s Minister of Investment and Foreign Trade, Eng. Hassan El-Khatib, held talks with representatives of an international industrial alliance at the ministry’s headquarters in the New ...
Egypt’s cashback fintech platform, WaffarX, has announced a strategic partnership with DGTERA, a provider of smart solutions for the food & beverage (F\&B) and retail industries. According to the ...
Minister Talaat emphasized that cybersecurity has evolved beyond a purely technical issue to become a critical national priority affecting various sectors and domains. He underscored the growing and ...
The International Monetary Fund (IMF) has reiterated its commitment to supporting Egypt as the country moves forward with the fifth review of its $8 billion Extended Fund Facility (EFF) program. A ...
He also directed the inclusion of newly discovered wells into the national production map, intensification of exploration and drilling operations, and the introduction of incentives to accelerate ...
Minister of Investment and Foreign Trade, Hassan El-Khatib, presented the new Export Subsidy Rebate Program for FY2025/2026, 2026/2027, and 2027/2028, during Cabinet meeting chaired by Prime Minister, ...