CBE reports $9.7bn BoP surplus for FY 2023/24

Despite the current economic and political challenges on the global front, the transactions of the Egyptian economy with the external world achieved an overall BoP surplus of $9.7bn during FY 2023/2024, according to the Central Bank of Egypt (CBE). The overall surplus was mainly concentrated in the second half of…

Talent 360 Aacquires Wish It, expanding HR solutions portfolio

Talent 360, a leading human resources solutions provider, has acquired Wish It, a company specializing in team-building activities and soft skills development. The acquisition, announced on September 29, expands Talent 360’s service offerings to include a comprehensive suite of HR solutions focused on team development, soft skills enhancement, and internal…

Egypt, France discuss boosting cooperation in health sector

Egypt’s Deputy Prime Minister and Minister of Health and Population, Khaled Abdel Ghaffar, met with Fabrice Barlizi, Director of the French Institute of Oncology “Gustave Roussy”, and Remy Teullet, International Advisor and Head of International Affairs of the Institute, to discuss boosting cooperation in the health sector. It came on…

Engineering Export Council launches trade mission to Ghana

The Engineering Export Council of Egypt has organized a trade mission to Ghana, comprising 10 companies, in collaboration with the United States Agency for International Development (USAID) and the Egyptian Commercial Service (ECS), to increase engineering exports to Africa. The Egyptian Ambassador to Accra, Ghana, Ayman El-Desouky, participated in the…

Egypt, France forge new investment partnerships in key sectors: El-Khatib

Hassan El-Khatib, Egypt’s Minister of Investment and Foreign Trade, inaugurated the Egyptian-French Business Forum during his official visit to France. The event saw the participation of numerous officials and business representatives from both nations. El-Khatib underscored the economic significance of Marseille, highlighting its strategic location as a major port on…

Finance Ministry reaffirms commitment to fiscal discipline amid economic reforms

Yasser Sobhi, Deputy Minister of Finance for Financial Policies, has reiterated the government’s dedication to fiscal discipline as part of a comprehensive economic reform program. Speaking at a seminar organized by the Egyptian-Lebanese Businessmen Association, Sobhi emphasized the coordinated efforts across fiscal, monetary, investment, and trade policies aimed at ensuring…
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