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Trade and investment relations between Egypt and Iraq continue to gain momentum, reflecting the depth of economic ties between the two countries, according to the Egyptian Commercial Service (ECS). Total bilateral trade between Egypt and Iraq reached approximately $1.1bn in 2024, marking a 26.1% increase compared with 2023. Egyptian exports…

Pitcairn Food Industries has signed a contract to establish an $8 million (approximately EGP 400m) production facility in the Sokhna Industrial Zone, the Suez Canal Economic Zone (SCZONE) said in a statement on Monday. The project, which will be located on 10,000 square metres within the Main Development Company (MDC)…

Every once in a while, you witness an initiative that is not built on noise or temporary promises, but on years of consistent, grounded work. Signal’s oral health initiative has grown into exactly that. What began as a brand commitment has evolved into a nationwide movement, reaching schools, hospitals, clinics,…

The Egyptian government announced that the electricity interconnection project between Egypt and Saudi Arabia has entered its final stage, paving the way for the launch of the first phase, RT reported on Sunday. Prime Minister Mostafa Madbouly met with Minister of Electricity and Renewable Energy Mahmoud Esmat, on Sunday, to…

Egypt’s Prime Minister Mostafa Madbouly witnessed on Sunday the signing ceremony of a contract to manage and operate the historic Continental Hotel in downtown Cairo under the global Indian brand “TAJ.” The agreement, signed at the government headquarters in the New Administrative Capital, marks TAJ’s first entry into the Egyptian…

India’s Taj Hotels will enter the Egyptian market for the first time to manage and operate Cairo’s historic Continental Hotel under an agreement signed on Sunday, marking a strategic step to revive the 19th-century landmark. The contract was signed at the government headquarters in the New Cairo City by Hisham…

Remittances from Egyptians working abroad recorded unprecedented inflows during the first 10 months of 2025, reaching approximately $33.9bn, compared with around $23.7bn in the same period of the previous year, the Central Bank of Egypt (CBE) announced on Sunday. On a monthly basis, remittances rose by 26.2% year-on-year in October,…

In the quiet corners of the Russian-African Ministerial Conference this weekend, the traditional image of Egyptian diplomacy—often focused narrow-mindedly on the Nile—gave way to something far more expansive. Whether discussing renewable energy tenders in South Africa or the first shipment of medical equipment to a new heart centre in Kigali,…

The Central Bank of Egypt (CBE) recently organized a seminar on “Current and Emerging Regulatory Developments”, attended by representatives from approximately 23 African central banks, members of the Association of African Central Banks (AACB). The event underscores Egypt’s leading role in fostering cooperation and knowledge exchange among African financial institutions.…