Day: June 9, 2025

The Suez Canal Economic Zone (SCZONE) announced on Monday that Ain Sokhna Port has received the AROYA cruise ship, arriving from Safaga. The vessel docked at 8:00 AM, carrying 2,351 tourists of various nationalities, along with a crew of 1,500. Sailing under the Maltese flag, the AROYA measures 303 meters…

Egypt’s Minister of Transport, Kamel Al-Wazir, conducted surprise inspections of Cairo’s main railway and metro hubs on Monday, ordering measures to ensure smooth operations ahead of an expected surge in passengers returning from the Eid al-Adha holiday. The inspections at Ramses Railway Station and the Al-Shohadaa metro interchange aimed to…

Ahmed Kouchouk, Egypt’s Minister of Finance, reaffirmed the government’s commitment to reducing the financial and procedural burdens on investors, emphasizing that the focus remains on expanding the tax base rather than increasing rates. In a statement released Monday, Kouchouk highlighted that ongoing reforms aim to alleviate both tax and non-tax…

The Central Bank of Egypt (CBE) reported a rise in local liquidity across the banking sector, which reached EGP 12.684trn in April 2025, up from EGP 12.566trn in March. According to the CBE’s latest report, the money supply stood at EGP 3.170trn in April, slightly down from EGP 3.209trn the…

CAIRO, June 7 (MENA) – Foreign Affairs, Emigration and Expatriates Minister Badr Abdelatty praised the strong ties and historical relationship between Egypt and Nigeria, highlighting a shared commitment to building on existing opportunities to advance cooperation—particularly in economic, trade, and investment sectors, with a focus on agriculture. During a phone…