Day: March 4, 2025

Egypt’s Prime Minister Mostafa Madbouly chaired a meeting today to review a proposed green hydrogen and ammonia production project in the Gulf of Suez. Cabinet Spokesperson Mohamed El-Homsani said the meeting focused on several aspects of the “Green Fuel Alliance” green ammonia production project on the Gulf of Suez coast.…

Egypt’s Deputy Prime Minister and Minister of Health and Population, Khaled Abdel Ghaffar, met with a European Union delegation led by Stefano Sannino, Director-General for the Middle East and North Africa, to explore ways to enhance cooperation in sustaining Egypt’s relief efforts for Gaza amid ongoing humanitarian challenges. According to…

The Egyptian Tax Authority (ETA) has launched its first comprehensive tax services guide, a major step toward simplifying procedures for taxpayers and supporting Egypt’s digital transformation strategy. Announced by ETA Head Rasha Abdel Aal, the guide provides a fully detailed overview of all tax services, enhancing efficiency and accessibility in…

Egyptian exports experienced a 9.6% increase in value during December 2024, according to the Central Agency for Public Mobilization and Statistics. The agency released its monthly “Foreign Trade Data” bulletin on Monday. The value of exports reached $3.96bn in December 2024, compared to $3.61bn during the same month the previous…

The Egyptian Minister of Planning, Economic Development, and International Cooperation, Rania Al-Mashat, held a virtual meeting with Mercedes Vela Monserrat, CEO of the Global Climate Finance Centre (GCFC), to discuss potential avenues for joint cooperation. During the meeting, Al-Mashat and Monserrat discussed the progress of the GCFC, which was launched…

Egypt is strengthening its roll-on/roll-off (Ro-Ro) shipping operations to enhance export efficiency, particularly for perishable agricultural goods bound for European markets. In pursuit of this goal, Vice Prime Minister for Industrial Development, Minister of Industry and Transport Kamel Al-Wazir, met with Minister of Agriculture Alaa Farouk to discuss maximizing the…

Prime Minister Mostafa Madbouly chaired a meeting Tuesday to review progress in the government’s privatization programme, reaffirming the state’s commitment to enhancing the efficiency of state-owned enterprises (SOEs) and maximizing returns on public assets. The meeting was attended by Minister of Electricity and Renewable Energy Mahmoud Esmat, Minister of Finance…

Amr Talaat, Egypt’s Minister of Communications and Information Technology, held high-level discussions with global technology leaders on the sidelines of the MWC 2025 exhibition and conference in Barcelona, Spain. The meetings explored opportunities for investment, cooperation, and expansion in Egypt’s ICT sector, particularly in digital infrastructure, outsourcing, cybersecurity, and digital…

Egypt’s Financial Regulatory Authority (FRA), headed by Mohamed Farid, has issued Decisions No. 17 and 18 of 2025, increasing the maximum funding limit for micro-enterprises and the maximum micro-insurance coverage limit. Decision No. 17 of 2025 raises the maximum loan amount provided by companies, associations, and non-governmental organisations (NGOs) for…