News

The  industrial sector contributes 11.7% to the country’s GDP and employs about 28.2% of the total Egyptian workforce,according to Minister of Trade and Industry Nevine Gamea.
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Experts and officials during the two-day Aswan Forum for Sustainable Peace and Developmen asserted the importance of multilateral finances and the private sector in mobilising finances for climate…
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Egypt has allocated more than EGP 3 trillion in the 2022-2023 budget to complete the development process, increase public spending, and improve the services offered to citizens, the Egyptian Minister…
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Egypt’s economic growth is expected to account for 17% of Africa’s output growth in 2022, according to a report prepared by the African Import-Export Bank (Afreximbank).
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Beltone Financial Holding, a 58.2% subsidiary of Orascom Financial Holding (OFH), has received a mandatory purchase offer from Chimera Investments, an Abu Dhabi-based private investment company, or…
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Minister of Trade and Industry Nevine Gamea stressed the importance of strengthening joint efforts among African countries to deal with the current economic challenges.
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Egypt's annual inflation rate jumped to 15.3% in May 2022, compared to 4.9% in the same month in 2021, according to the latest data by the Central Agency for Public Mobilization and Statistics…
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State-owned Shalateen Mining Company plans to launch an international gold and minerals exploration auction for at least five areas in the Eastern Desert in the coming weeks, Bloomberg Asharq reported…
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Egypt will offer $40 billion in assets to the private sector over four years, representing $10 billion per year, the Egyptian Prime Minister, Mostafa Madbouly, said.
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Egypt aims to reach 42 percent of the contribution of renewable energy in the nation’s energy mix by 2035, the Minister of Electricity and Renewable Energy Mohamed Shaker announced
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