Day: January 25, 2025

Basel Rahmy, CEO of the Micro, Small, and Medium Enterprises Development Agency (MSMEDA), announced that in 2025, the authority will work to significantly increase both the financial and non-financial services available to project owners across Egypt’s governorates. This effort will include a broad range of accessible services such as training…

The Food Industries Chamber of the Federation of Egyptian Industries convened a productive meeting with salt producers and packers from the Diverse Food Products Division. Chaired by Mohamed Saleh Bashanfer, a board member of the Chamber and Chairman of the Division, the meeting aimed to address the challenges faced by…

Minister of Tourism and Antiquities Sherif Fathy continued his series of strategic meetings during his visit to Madrid for the 2025 International Tourism Fair (Fitur). At the Egyptian pavilion, he met with key figures from prominent tour operators, including Juan Carlos Gonzalez, CEO of Avoris, one of Spain and Latin…

Rania Al-Mashat, Egypt’s Minister of Planning, Economic Development, and International Cooperation, participated in several discussions on global growth, inflation, gender equality, and the future of development in Africa. This came during the World Economic Forum (WEF) 2025 in Davos, Switzerland, themed “Collaboration for the Intelligent Age.” At the Future of…

Fourteen-year-old Amna loved ful medames, the hearty Egyptian bean stew that fueled her mornings. But recently, the once-joyful clinking of her spoon against the ceramic bowl felt heavy. Amna, like many adolescent girls in North Africa, struggled with her weight. Clothes didn’t fit as easily, and whispers followed her in…

Egyptian Minister of Planning, Economic Development, and International Cooperation, Rania Al-Mashat, concluded her participation in the World Economic Forum’s annual meeting, Davos 2025, with bilateral meetings focused on development, energy, and digital cooperation. She met with the President of the Inter-American Development Bank, the Secretary-General of the Digital Cooperation Organization…

Cypriot President Nikos Christodoulides has been invited by Egyptian President Abdel Fattah Al-Sisi to attend the Egypt Energy Show (EGYPES) in February. The invitation was delivered by Egypt’s Minister of Petroleum and Mineral Resources, Karim Badawi, during a meeting with President Christodoulides in Nicosia on Saturday. The meeting follows the…

Since the change of government in July of last year, the new tax increases in the Labour Party’s budget have led to a record exodus of millionaires from Britain, which was previously a destination for investors, further damaging the European country’s economy. Tax Flight Prime Minister Keir Starmer’s policies have…

The Central Bank of Egypt (CBE) has unveiled the latest trends in deposit and lending indicators for banks operating within the local market, based on data up to the end of September 2024. The CBE reported a steady increase in customer deposits, which reached EGP 12.89trn in September 2024, up…