Category: News

Egypt currently holds safe levels of foreign exchange reserves capable of securing strategic requirements for basic commodities, Prime Minister Mostafa Madbouly and Central Bank of Egypt (CBE) Governor Hassan Abdalla affirmed on Monday.   During a meeting at the government headquarters in New Alamein City to review priority economic files,…

Transport Minister Kamel El-Wazir has pitched opportunities for US companies to manage and operate key port terminals and establish joint industrial zones in a bid to position Egypt as a regional manufacturing hub for the Middle East and surrounding markets.   El-Wazir presented the investment prospects during talks with US…

القاهرة6  أغسطس 2026 – أدرجت فوربس الشرق الأوسط السيد/ أنكوش أرورا، الرئيس التنفيذي لمجموعة منصور للسيارات، ضمن قائمتها السنوية لأقوى 100 رئيس تنفيذي في الشرق الأوسط لعام 2026،تقديرًا لدوره القيادي في تعزيز نمو المجموعة وترسيخ مكانتها كإحدى أكبر شركات السيارات في المنطقة، من خلال قيادة استراتيجية توسع طموحة عززت حضورها…

Finance Minister Ahmed Kouchouk on Sunday, August 23, 2026, said global investors have renewed their confidence in Egypt’s economic trajectory, with investment risk assessments falling to their lowest level since 2014. “Our economy has started to improve, while the private sector is growing and accounts for 60% of investments,” Kouchouk…

The Central Bank of Egypt (CBE) has approved regulations governing the services of the Digital Financial Identity (DFI) Platform for identifying bank customers and electronically verifying their identities (eKYC), as part of the CBE’s ongoing efforts to support digital transformation and promote financial inclusion. The new regulations align with Egypt’s…

International investors have lowered their assessment of investment risk in Egypt to its lowest level since 2014 in response to recent economic reforms, Finance Minister Ahmed Kouchouk said.   Speaking at an open dialogue with the heads of newly appointed Egyptian diplomatic missions abroad, Kouchouk stated that the country’s economy…

Transport Minister Kamel Al-Wazir said Egypt has successfully forged strategic partnerships with major global port operators, shipping lines and international operators, strengthening the ability of Egyptian ports to attract transshipment trade and enhance their global competitiveness. He also expressed his aspiration to expand cooperation with US companies in the sector.…

Zinox El Zenouki and Master El Zenouki, manufacturers of household cookware, are expanding their domestic customer base while preparing to begin production at a new factory in mid-October, according to Mahmoud El Zenouki, CEO of the two companies. El Zenouki said the companies began revising their sales policies at the…

Egypt is strengthening its position as a regional investment and business hub as Gulf companies and international investors increasingly look to the country as a long-term base for expansion, according to Mohamed Awaad, Egypt Corporate Agent at Ziada DC – UAE. Awaad said the renewed interest reflects a broader shift…

Minister of Supply and Internal Trade Sherif Farouk has directed the urgent formation of a joint committee to evaluate the demands of bakery owners and propose executive solutions, with a mandate to deliver a comprehensive report within one month.   The directive was announced during an extensive meeting between Farouk,…