El-Sisi Orders Continued Suez Canal Development as Traffic Shows Signs of Recovery
President Abdel Fattah El-Sisi has instructed the government to press ahead with the comprehensive strategy to upgrade the Suez Canal, its navigational channel, and all associated facilities and infrastructure, aiming to preserve the canal’s globally recognized efficiency and operational excellence amid its pivotal role in international trade and maritime transport. The directive was issued during […]
Egypt announces January 29, 2026 official paid holiday
Dr. Mostafa Madbouly, Prime Minister, issued a decree declaring Thursday, January 29, 2026, a paid official holiday in observance of the January 25 Revolution Day and Police Day. The holiday applies to employees of ministries, government departments, public authorities, local administration units, public sector companies, public business sector companies, as well as private sector companies. […]
FM discusses ways to send seasonal Egyptian workers to Greece, Cyprus
Egyptian Foreign Minister Badr Abdelatty discussed with his counterparts from Greece and Cyprus ways to facilitate legal and regulated migration, including sending seasonal Egyptian workers to both Greece and Cyprus in sectors where labor is needed in the two countries. The Egyptian Foreign Minister held a tripartite meeting on Sunday with Mr. Giorgos Gerapetritis, […]
Egypt Invests LE 7 Billion in Renewable Energy Transmission Projects
The Egyptian government, through the Egyptian Electricity Transmission Company (EETC), has earmarked LE 7 billion for investments aimed at transmitting electricity from renewable energy projects and integrating it into the national grid by 2025, according to a statement reported by Asharq Bloomberg. These projects will involve the construction of transformer stations to transfer energy generated […]
Egypt to secure €5.8B from EU for Macro-Financial Assistance mechanism
The Ministry of Planning, Economic Development, and International Cooperation has launched negotiations with the European Union for the second phase of the Macro-Financial Assistance mechanism. This phase aims to provide €4 billion in budget support and €1.8 billion in investment guarantees, according to Minister Rania Al-Mashat during a meeting with the National Press Authority attended […]
EGX reveals landmark year with new milestone report
Breaking several records, 2024 saw EGX indices hit new all-time highs. On March 11, 2024, the EGX30, the main benchmark index, closed at a record 33,382 points. The Egyptian Exchange (EGX) reported a year of remarkable milestones in 2024, with significant improvements across key indicators, trading volumes, and market capitalization, according to Ahmed El-Sheikh, Chairman […]
Egypt leads negotiations to end war in Gaza
From the onset of the Israeli war on Gaza, which began on October 7, 2023, Egypt has intensified its diplomatic efforts to halt military operations and protect the lives of the Palestinian people. Cairo has launched multiple initiatives to deliver aid to Gaza, a territory that has been under siege, showcasing its commitment to regional […]
مصر.. الإفراج عن أعلاف “الذرة والصويا” بحوالي 143 مليون دولار في أسبوع
: أعلن السيد القصير وزير الزراعة واستصلاح الأراضي، الإفراج عن 287 ألف طن من الذرة وفول الصويا بحوالي 143 مليون دولار وأضاف السيد القصير، في بيان صادر اليوم الثلاثاء، أن الإفراج شمل 212 ألف طن من الذرة بحوالي 84 مليون دولار وحوالي 75 ألف طن من فول الصويا بقيمة 57 مليون دولار وأيضا اضافات اعلاف […]
“دوكاب” الإماراتية تزود مشروع خليج السويس 2 بمصر بحلول الطاقة المتكاملة
أعلنت مجموعة دوكاب، إحدى أكبر شركات التصنيع في دولة الإمارات ، عن تزويدها حلول الطاقة المتكاملة لمشروع خليج السويس 2 بمصر، وذلك بالشراكة مع مجموعة “فيستاس” الشركة العالمية الرائدة في مجال حلول طاقة الرياح وبدورها، تزود دوكاب المشروع ، بـ633 كيلومترًا من الكابلات ذات الجهد المنخفض والمتوسط ل77 محركاً توربونياً هوائياً على مساحة 70 كيلومترًا، […]
تنفيذ صفقة على أسهم بنك التعمير والإسكان بقيمة 52.26 مليون جنيه
أعلنت البورصة المصرية، عن تنفيذ صفقة ذات الحجم الكبير على أسهم بنك التعمير والإسكان وقالت البورصة، في بيان، إن جلسة اليوم الثلاثاء شهدت تنفيذ صفقة من خلال آلية الصفقات ذات الحجم الكبير (BLOCK TRADING) على أسهم بنك التعمير والإسكان لعدد 2,587,337 سهم بقيمة 52,264,207 جنيه يشار إلى أن بنك التعمير والإسكان، حقق أرباحاً بلغت 1.99 […]