Day: April 9, 2025

Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, met with representatives of 29 leading French companies and institutions to explore new investment opportunities in Egypt. The companies operate across a broad spectrum of sectors, including renewable energy, pharmaceuticals, food industries, construction, real estate, water…

Egypt’s Minister of Planning and Economic Development and International Cooperation, Rania Al-Mashat, called for stronger Arab economic integration to address global challenges at the annual meetings of Arab financial institutions in Kuwait City. Al-Mashat, also governor for Egypt at the Arab Fund for Economic and Social Development and the Arab…

Egyptian Prime Minister Mostafa Madbouly met with Michael Kretschmer, Minister-President of the German state of Saxony, on Wednesday, to discuss strengthening bilateral cooperation. The meeting, held in the New Administrative Capital, was attended by senior officials from both sides, including Egyptian Deputy Minister of Higher Education Hossam Osman, and the…

Egypt is preparing for the fifth session of the Egyptian-Hungarian Joint Committee for Economic, Scientific, and Technical Cooperation, scheduled for April 10, 2025. Minister of Planning, Economic Development, and International Cooperation Rania Al-Mashat chaired a preparatory meeting on April 9, bringing together representatives from various Egyptian ministries and national entities.…

Prime Minister Moustafa Madbouly witnessed on Wednesday the signing of a series of collaboration agreements between the Sovereign Fund of Egypt for Investment and Development (TSFE), the National Service Projects Organization of the Armed Forces (NSPO), and a select group of specialized local and international consulting firms. The agreements pertain…

Egypt and France have signed nine financing agreements following the high-level official visit of French President Emmanuel Macron to Cairo, in the presence of several Egyptian and French ministers. These agreements total €262.3 million, comprising loans and grants, and reflect the depth of the long-standing, structured bilateral partnership between France…

Egyptian businessman Naguib Sawiris, chairman of Orascom Investment Holding, predicted that the price of gold would reach US$5,000 per ounce within a year or two. The Egyptian billionaire indicated that psychological pressures and investor need for liquidity were among the reasons for the decline in gold prices, and confirmed that…