Day: June 11, 2025

Egypt’s Minister of Water Resources and Irrigation, Hani Sewilam, has called for enhanced scientific collaboration and regional coordination to address escalating water challenges, during a high-level event in Paris marking the 50th anniversary of UNESCO’s International Hydrological Programme (IHP). Delivering a keynote address at the celebration, which brought together a…

Finance Minister Ahmed Kouchouk announced that Egypt’s external debt related to the budget sector declined by $2bn over the 10-month period from July 2024 to May 2025. He attributed this development to the return of foreign investor confidence, which also contributed to an extension in the average debt maturity to…

Egypt’s Prime Minister Mostafa Madbouly has chaired a meeting of the Higher Committee for Organising the Inaugural Ceremony of the Grand Egyptian Museum (GEM) to review the final operational, logistical, and security arrangements for the event. At the meeting, the prime minister stated that the committee was convened to review…

The Central Bank of Egypt (CBE) announced that Egypt has paid approximately US$13.354 billion in interest and installments on its external debt during the second quarter of fiscal year 2024/2025. In its monthly statistical bulletin on Tuesday, the CBE added that debt service burdens are divided into $1.861 billion in…

In a strategic move, Contact Financial Holding reaffirmed its ongoing commitment to growth, innovation, and market leadership, as Said Zater has officially handed over executive leadership to John Saad, who assumes the role of Managing Director and Chief Executive Officer of Contact Financial Holding. This leadership shift coincides with Zater’s…

In line with its strategic plan to expand across various governorates of Egypt, and in recognition of the pioneering role of Port Said Governorate in the fields of energy and industry, Elsewedy University -SUTech- Polytechnic of Egypt is pleased to announce a special discount for students from schools in Port…

Prime Minister Mostafa Madbouly said that the Egyptian government is actively formulating clear plans with specific targets aimed at promoting investment opportunities across various sectors. One of the most important of these sectors is tourism, where close monitoring is being undertaken by the ministries of tourism and investment. This came…