Day: November 19, 2025

CAIRO, Nov 17 (MENA) – The Central Bank of Egypt said on Monday that remittances from Egyptians working abroad rose sharply in the first nine months of 2025, climbing 45.1 percent year-on-year to a record $ 30.2 billion, compared with about $ 20.8 billion in the same period a year…

Egypt’s public prosecution has handed over 265 kilograms of seized gold bullion, valued at nearly EGP 1.65bn ($34 million), to the country’s central bank in a move praised by the prime minister as a model for efficient resource management. Speaking at a ceremony at the Public Prosecutor’s office on Monday,…

Egyptian President Abdel Fattah al-Sisi on Tuesday stressed the importance of national awareness and collective effort to overcome the significant challenges facing the country and to achieve its development and economic growth goals. Speaking to students applying to the Police Academy, Sisi said, “If the idea of work is ingrained…

Egyptian Minister of Investment and Foreign Trade, Hassan El Khatib, has met with the head of the International Chamber of Commerce (ICC) in Johannesburg to discuss joint cooperation, the ministry said in a statement. The meeting between El Khatib and ICC Secretary General John W.H. Denton took place on the…

The head of the Egyptian Drug Authority (EDA) has met with representatives of multinational pharmaceutical companies to discuss mechanisms for strengthening the country’s drug system and supporting investment. EDA Chairman Dr. Ali El-Ghamrawy affirmed the authority’s keenness to enhance its strategic partnership with the industrial sector and support the stability…

Emerging markets have become influential players in reshaping global standards and driving the international financial transformation, the head of Egypt’s Financial Regulatory Authority (FRA) has said. Mohamed Farid, who is also the vice chairman of the International Organization of Securities Commissions (IOSCO) and chairman of its Growth and Emerging Markets…

Egypt’s Health Minister Khaled Abdel Ghaffar warned on Tuesday that Africa is approaching a critical juncture as development aid declines sharply and debt burdens rise, urging greater domestic investment in health and broader partnerships to secure the continent’s health sovereignty. Speaking via video conference at a ministerial meeting organized by…

Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel Al-Wazir continued on Tuesday his nationwide inspection of strategic industrial projects, focusing this week on major food-production facilities in Nubaria and Sadat City.   His tour began at Beyti Food Industries, a subsidiary of the Almarai Group,…

Minister of Finance Ahmed Kouchouk reaffirmed the government’s commitment to enhancing trade facilitation and reducing import and export costs through stronger engagement with the business community. Speaking about the upcoming implementation of the Advanced Cargo Information (ACI) system for air shipments—set to become mandatory on 1 January 2026—Kouchouk emphasized the…