Month: July 2025

Ramsco Biotechnologies has been spotlighted as a private sector best practice from Egypt in the 2025 BRICS Businesswomen Alliance report, which recognized the company’s women empowerment initiative as one of the most effective practices advancing gender inclusion and food security. This year’s report brought together input from over 20 countries…

The US dollar has fallen to its lowest level in Egypt in nine months, reaching LE 48.75 for buying and LE48.85 for selling per dollar. Bankers attribute this continued decline of the dollar against the Egyptian pound to an increased supply of foreign currency during the summer season, outstripping demand,…

Egypt’s engineering exports surged to an unprecedented $3.1 billion in the first half of 2025, marking a 15% increase compared to the same period in 2024, according to Sherif El-Sayyad, Chairperson of the Engineering Export Council of Egypt (EECE). This figure represents the highest six-month export value ever recorded by…

The Egyptian Exchange (EGX) has announced the launch of a new index, the EGX35-LV, set to go live on 1 August. The index will track 35 of the most liquid stocks with the lowest price volatility, covering 13 different sectors to ensure balanced sectoral representation among its constituents. This initiative…

Egypt’s Prime Minister Mostafa Madbouly chaired a meeting on Wednesday to discuss major investment opportunities currently under negotiation with several Gulf countries. The meeting was attended by Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel Al-Wazir; Minister of Finance Ahmed Kouchouk; Minister of Investment and…

Egypt has signed a cooperation protocol with Italy’s Nova Technology della Vita Academy to establish and develop five applied technology schools focused on the electricity sector, the prime minister’s office said in a statement. Egyptian Prime Minister Mostafa Madbouly witnessed the signing ceremony on Wednesday in the city of New…

Egypt has exported its first shipment of locally produced, high-technology “mini tuber” potato seeds to Uzbekistan, the Ministry of Agriculture and Land Reclamation announced on Wednesday , following recent efforts to open the Uzbek market. The head of the Central Administration of Agricultural Quarantine, Mohamed El-Mensy, said the shipment was…