Day: September 7, 2024

Rania A. Al-Mashat, Minister of Planning, Economic Development, and International Cooperation, and Chairperson of the Board of Directors of the National Investment Bank (NIB), met with the leadership of NI Capital and NI Consultations, NIB subsidiaries, to discuss their role in promoting public-private partnerships and driving economic growth. Al-Mashat emphasised…

Ambassador Sameh Aboul-Enein, Egypt’s Assistant Foreign Minister for US Affairs, led the Egyptian delegation at the Joint Economic Commission meetings between Egypt and the United States, held in Washington, DC, on September 4 and 5, 2024. Ambassador Moataz Zahran, Egypt’s Ambassador to Washington, also participated in the meetings. The meetings…

Egypt’s Minister of Foreign Affairs, Emigration, and Egyptians Abroad, Badr Abdelatty, began his visit to the United Arab Emirates with a meeting with representatives of the Egyptian community. The meeting, held on September 7 at the Egyptian embassy in Abu Dhabi, reflected the Minister’s commitment to regular and direct engagement…

Egypt’s Minister of Agriculture and Land Reclamation, Alaa Farouk, has launched a nationwide campaign of agricultural and veterinary extension caravans and subsidized food outlets in celebration of Farmers’ Day. The initiative, designed to support both farmers and citizens, includes a wide range of services and resources, including agricultural and animal…

Gold prices in Egypt continued to fluctuate below EGP 3,400 per gram as the precious metal lost upward momentum following a global price decline. This drop was influenced by better-than-expected US employment data, while no local factors currently support a price increase. The most popular 21-karat gold opened trading on…

Karim Badawi, Egypt’s Minister of Petroleum and Mineral Resources, emphasized the strong ties between Egypt and the UAE, noting that investments in the energy, petroleum, and gas sectors represent a key symbol of the distinguished cooperation between the two brotherly nations. Among the most prominent investments are those of Mubadala…

Hassan El-Khatib, Minister of Investment and Foreign Trade, led the Egyptian delegation during the 114th session of the Economic and Social Council of the Arab League, chaired by the UAE. The meetings, held at the Arab League headquarters, were attended by delegations from member states and specialized Arab organizations. The…

Egypt’s Prime Minister Mostafa Madbouly returned to Cairo on Saturday, following his participation in the China-Africa Cooperation Forum in Beijing. Madbouly represented President Abdel Fattah Al-Sisi at the forum, which took place from Sept. 4-6. He attended the forum’s opening ceremony, a formal dinner hosted by Chinese President Xi Jinping…

Egypt and Nigeria have taken steps to strengthen their cooperation in the aviation and defence sectors, with the signing of key agreements during the Egypt International Airshow (EIAS 2024). One of the main agreements involved dispatching an Egyptian Air Force delegation to Nigeria to assess the Alpha Jet advanced trainer…

The Egyptian Armed Forces have announced the acquisition of two C-130J-30 Super Hercules tactical airlifters from Lockheed Martin, marking a significant expansion of the country’s airlift capabilities. This came on the sidelines of the Egypt International Airshow in Alamein airport, which took place from 3 to 5 September. The delivery,…