Day: December 18, 2023

The Ministry of International Cooperation has released its annual report “Platforms for Policy & Practice”, which showcases the details of its international partnerships and concessional development financing for various sectors of the state and the private sector from 2020 to 2023. The report aims to enhance the principles of transparency…

Egyptian Prime Minister Mostafa Madbouly held a meeting to review some proposals that would contribute to increasing trade exchange with African countries. At the beginning of the meeting, the Prime Minister referred to the ongoing directives of President Abdel Fattah Al-Sisi to the government, emphasizing the importance of working to…

Telecom Egypt is in talks with three local and foreign companies for the potential sale and lease-back of a portion of its tower portfolio, with bids ranging from $150m to $250m. The deal involves approximately 2,500 of the company’s 2,800 towers. Sources close to the negotiations, speaking on condition of…

Minister of Finance Mohamed Maait has affirmed the government’s commitment to implementing financial policies that support the localization of industries in Egypt, which play a crucial role in the national economy. He said that the government aims to diversify the growth structure, rely on production and exports, and create hundreds…