Egypt's WB Group composite index up 27.5 points - Planning ministry

Mon, 03 Oct 2022 - 04:55 GMT

Planning and Economic Development Minister Hala el Saeed said in statements Monday that the global governance indicators measure the quality of governance for more than 200 countries.

Egypt aspires to promote Kuwaiti investments: Finance min.

Mon, 03 Oct 2022 - 03:32 GMT

The minister, meanwhile, said that the political leadership is keen on stimulating private sector activity, especially that Egypt has an advanced infrastructure and ability to accommodate investment expansion in the various sectors.

US, Ukrainian FMs discuss Moscow illegitimate efforts to change Ukraine borders by force

Sun, 02 Oct 2022 - 03:06 GMT

The two sides discussed Moscow’s latest illegal and illegitimate efforts to change Ukraine’s borders by force as well as mounting atrocities committed by Russia’s forces against the people of Ukraine, including war crimes and human rights abuses.

Russia’s constitutional court says Ukraine annexation treaties lawful

Sun, 02 Oct 2022 - 03:05 GMT

The court ruled to “ corresponding to the constitution of the Russian Federation” accords for Ukraine's Donetsk, Kherson, Lugansk and Zaporizhzhia to become part of Russia.

Russia slams Ukraine's NATO bid as request to ‘hasten start of World War III’

Sun, 02 Oct 2022 - 03:03 GMT

"Ukrainian President Vladimir Zelensky wants to speed up NATO membership. Great idea. He just begs NATO to hasten the start of World War III," Medvedev wrote.

Irrigation min. tells WB experts Egypt working to face limited water resources

Sun, 02 Oct 2022 - 12:15 GMT

He cited ventures in the areas of Bahr el Baqr, Hammam, Mahsama.

FM welcomes role of Friedrich Ebert Foundation in development projects in Egypt

Sun, 02 Oct 2022 - 11:53 GMT

Shoukry gave the remarks during a meeting with head of the foundation Martin Schulz.

US dollar exchange rate stable at major banks in Egypt

Sun, 02 Oct 2022 - 11:45 GMT

At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate registered EGP 19.51 for buying and EGP 19.57 for selling.

Egypt to host 'Finance Day' on November 9 within COP27 activities

Fri, 30 Sep 2022 - 03:08 GMT

The Finance Day will tackle the issues of the "innovative financing" and "fair transformation financing", the role of the private sector in mobilizing financial resources and directing them to environmentally-friendly projects, the minister said during his tour in Sharm El Sheikh city.

Egypt, Qatar discuss air transport cooperation

Fri, 30 Sep 2022 - 03:06 GMT

During a meeting on the sidelines of the 41st International Civil Aviation Organization Assembly, Abbas asserted the Civil Aviation Ministry's keenness to enhance cooperation and coordination with Arab countries in all international gatherings to serve the Arab air transport industry.

Number of Egypt's desalination projects increased 12 times from 2014 till now - official

Fri, 30 Sep 2022 - 01:15 GMT

The deputy minister noted that Egypt's expansion to establish more desalination projects comes to bridge the gap between Egypt’s historical share of the Nile River water.

Sisi's decisions paved way to attract investments to Egypt - AAAID head

Wed, 28 Sep 2022 - 04:39 GMT

He added that Sisi’s directives that were announced on Tuesday reflected his keenness to attract more investments to Egypt.

€2.7 billion volume of trade exchange between Egypt, Spain in 2021: Industry min.

Tue, 27 Sep 2022 - 04:05 GMT

He said that the Egyptian exports reached €1.192 billion in 2021 in comparison to €659 million in 2020 with an increase of 89.5 percent.

CAPMAS: 85.4% increase in number of tourists during 1st half of 2022

Tue, 27 Sep 2022 - 03:51 GMT

CAPMAS statement released on Tuesday comes in conjunction with the World Tourism Day celebrations, which have been held on 27 September each year since 1980.

CBE wins two awards granted by AFI

Tue, 27 Sep 2022 - 03:48 GMT

The granted awards reflected an appreciation of CBE efforts to enhance financial inclusion, economic empowerment of citizens and companies as well as facilitating all banking and financial services to all categories of the people.

2nd edition of Egypt-Spain Multilateral Partnership seminar kicks off Tuesday

Mon, 26 Sep 2022 - 03:00 GMT

The seminar will send a strong message from the Spanish government to assert its backing for the Egyptian economy and pushing forward economic and trade ties, according to the statement.

Egypt supports African accreditation system with international recognition: Trade min.

Mon, 26 Sep 2022 - 02:55 GMT

The minister made the remarks during a speech he delivered Monday at the opening session of the general assembly meetings of the African Accreditation Cooperation (AFRAC), which is hosted by Egypt.

Exports of chemicals sector up to $ 5.714B in 8 months

Sun, 25 Sep 2022 - 04:44 GMT

Exports of fertilizer products registered $ 2 billion in the eight months, marking a rise of 53 percent in comparison with the same period last year.

Finance min.: Eased customs clearance, tax return to participants in climate summit

Sun, 25 Sep 2022 - 04:41 GMT

The committee should group senior officials of the customs and tax authorities, the Finance Ministry said in a statement Sunday.

Armenia, Azerbaijan accuse each other of violating ceasefire pact

Fri, 23 Sep 2022 - 10:47 GMT

Following two days of clashes that killed almost 200 soldiers early last week, the two sides agreed a ceasefire, brokered by Russia, to end hostilities, though the situation on the border has remained tense.