Egypt proposes joint business council with Philippines to bolster trade

Egypt has proposed creating a joint business council with the Philippines to enhance trade in agriculture, pharmaceuticals, infrastructure, and energy, Foreign Minister Badr Abdelatty said on Wednesday. In a telephone call with his Philippine counterpart, Maria Theresa Lazaro, Abdelatty suggested the council should include private sector representatives to facilitate communication…

SCZONE attracts $15bn in investments, 70% foreign: Chairperson

Walid Gamal El-Din, Chairperson of the Suez Canal Economic Zone (SCZONE), said the authority has attracted investments estimated at approximately $15bn, of which 70% are foreign and 30% domestic, with investors representing 28 countries. He noted that the figures reflect growing international confidence in the zone’s investment climate. Gamal El-Din…