News

The General Assembly and the Board of Directors of the Arab Iron and Steel Union (AISU) have elected Engineer Ahmed Ezz, founder of Ezz Steel Company, as the new Chairman of the Union during its ...
The committees must complete their work within three months from the law’s enforcement date. The governor will then issue a decree with the committees’ findings, to be published in the Official ...
In its newly released Arab Economic Outlook Report 2025, the AMF forecasts Egypt’s GDP will expand by 4.2% in 2025 and climb to 4.7% in 2026.
The National Telecom Regulatory Authority (NTRA) has adopted a new regulatory framework for establishing data centers in Egypt, supporting Egypt’s positioning as a future data center hub for the ...
Among the banks implementing the changes are the National Bank of Egypt (NBE), Commercial International Bank (CIB), and Arab African International Bank (AAIB).
Speaking at his weekly press conference today, Madbouly stressed that the agreement does not alter Egypt’s position on the Palestinian cause or its rejection of displacement.
Ahmed Fahmy, Presidential Spokesperson, stated that the Supreme Investment Council approved 22 decisions today. He ...
Egyptian Prime Minister Dr. Mostafa Madbouly issues decisions to refine accounting standards, aiming to enhance transparency and attract investment.
Minister of Petroleum and Mineral Resources Karim Badawi has underscored the strategic value of the Egypt Exploration and Production (E&P) Portal as a key digital gateway for attracting energy sector ...
The Central Bank of Egypt (CBE) announced that remittances from Egyptians working abroad reached an unprecedented record of approximately $32.6 billion during the period from March 2024 to February ...
In an official statement released today, the Bank revealed that remittances in January alone soared by 83.2%, reaching around $2.9 billion, up from $1.6 billion in January of the previous year. This ...
ADNOC and BP will form a new joint venture (JV) to develop gas assets in Egypt, BP will own 51% of the JV and ADNOC will own 49% of the JV. The JV is expected to be completed during the second half of ...