SCZONE chief meets British energy companies, financial institutions

Waleid Gamal El-Dien, Chairperson of the Suez Canal Economic Zone (SCZONE), met with representatives of British energy companies and several UK and European financial institutions during the Egypt-UK Investment Forum in London. The discussions focused on enhancing economic cooperation between Egypt and the UK’s business community. Among the key meetings,…

Egypt, Hungary discuss cooperation in industry, transportation

Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel El-Wazir received Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó to discuss ways to enhance cooperation between the two countries in industry and transport. The two sides discussed the progress of the supply of 1,350 new…

CBE pays $23.8bn in foreign debt service over 9 months

The Central Bank of Egypt (CBE) revealed Wednesday that Egypt paid $23.8bn in external debt service from July 2023 to March 2024. According to the CBE, the country settled $8.168bn in the first quarter of the fiscal year 2023/2024, $7.384bn in the second quarter, and $8.255bn in the third quarter.…

Al-Mashat, AfDB Special Envoy discuss development cooperation for Egypt

Egypt’s Minister of Planning, Economic Development and International Cooperation, Rania Al-Mashat, met with Jalel Trabelsi, the Special Envoy appointed by the President of the African Development Bank (AfDB) for the Middle East and North Africa (MENA) and Gulf Region, to discuss joint cooperation initiatives. The Wednesday meeting, which also included…
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