FM calls for investment body to coordinate Egyptian investments in Africa

Minister of Foreign Affairs, International Cooperation and Egyptian Expatriates Badr Abdelatty called for establishing an Egyptian investment body to coordinate the country’s investments across Africa, as Cairo seeks to expand the presence of Egyptian companies on the continent. Abdelatty made the remarks during a meeting with Minister of Investment and…

CBE to decide fate of EGP interest rates tomorrow

The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) is set to hold its fourth scheduled meeting of the year on Thursday to decide the future of the central bank’s key policy rates, which serve as a key indicator of the short-term direction of interest rates on…

New irrigation museum to highlight Egypt’s water management legacy

Egypt is preparing to open a new irrigation museum in the New Administrative Capital to showcase the country’s long history of water management and engineering achievements, Minister of Water Resources and Irrigation Hani Sewilam said. In a ministry statement, Sewilam said the museum will serve as a cultural and scientific…