Day: February 24, 2025

Egypt’s Deputy Prime Minister for Human Development and Minister of Health and Population, Khaled Abdel Ghaffar, met with Ashraf Sobhi, Minister of Youth and Sports, and Leonz Eder, President of the International University Sports Federation (FISU), to explore avenues for collaboration in university sports development. The meeting coincided with the…

Prime Minister Mostafa Madbouly, representing President Abdel Fattah Al-Sisi, inaugurated the third edition of the International Sports Expo 2025, held under the President’s patronage. Accompanied by Minister of Youth and Sports Ashraf Sobhy, alongside several ministers, ambassadors, and key sports officials, Madbouly toured the expo’s diverse pavilions, underscoring Egypt’s commitment…

Egyptian and Zambian officials met to discuss ways to strengthen economic relations between the two countries, focusing on enhancing trade and investment cooperation. Hassan El-Khatib, the Egyptian Minister of Investment and Foreign Trade, met with Chipoka Mulenga, the Zambian Minister of Trade and Industry, to explore opportunities for collaboration. During…

Egypt has solidified its position as a regional leader in digital technology, witnessing a significant rise in internet users and achieving a top cybersecurity rating, even as cyber threats intensify. Between 2022 and 2024, Egypt saw an increase of 6.3 million internet users, bringing the total to over 82 million.…

The Commercial International Bank (CIB) has successfully completed an EGP 7bn non-sovereign Sukuk issuance for “Tasaheel” for Finance, through Alkan Securities. It is the first non-sovereign issuance of its kind. The issuance is the largest of its kind in Africa and the first in the Egyptian market. It is also…

Egyptian Prime Minister Mostafa Madbouly met with Minister of Supply and Internal Trade Sherif Farouk to assess ongoing efforts to enhance and regulate the country’s subsidy system. The meeting, attended by Mohamed Adel Sheta, Assistant Minister for Digital Transformation, and other senior officials, focused on ensuring subsidies are effectively distributed…

Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, reaffirmed the government’s commitment to strengthening Egypt’s industrial sector during his visit to Sadat Industrial City in Menofeya. His tour included the inauguration of new factories, inspections of production lines, and discussions on key infrastructure projects…

Egypt’s Minister of Housing, Utilities, and Urban Communities, Sherif El-Sherbiny, has announced that the first phase of the “Your Home in Egypt” initiative is projected to generate approximately $500m in revenue, offering around 5,000 housing units to Egyptian expatriates. Speaking at the launch conference on Sunday, El-Sherbiny revealed that the…

For over 60 years, Egypt has been a key market for Hilton, and its commitment to expansion in the country continues. With 14 hotels currently in operation, Hilton plans to increase its footprint to over 40 properties, including 25 new openings. Recent signings include more than 10 new hotels, introducing…