Tue. Oct 15th, 2024
Egyptian economy

Egypt boosts local auto industry with six new models by 2027

The Prime Minister stressed the strategic importance of this approach, explaining that localizing the automotive industry would reduce…

2 months ago

Egypt releases goods worth $44 billion since the beginning of the year

Ghatouri confirmed that there were no goods accumulated in Egyptian ports, except for cars for people with disabilities…

2 months ago

Raising public transport prices in Egypt

This increase comes a week after fuel prices were raised by percentages ranging between 10% and 15% and…

2 months ago

Saudi investments exceed $3 billion in the Egyptian market

This came during a meeting that brought together Dr. Mostafa Madbouly, Prime Minister of Egypt, and Eng. Khalid…

2 months ago

Egyptian Ministry of Electricity launches huge investments in the energy sector

The ministry aims to implement hydroelectric power projects worth up to $4 billion, in cooperation with the private…

3 months ago

Huge financial losses for the Suez Canal ranging between 500 and 550 million dollars per month

During a press conference attended by a number of media professionals and editors-in-chief, Madbouly explained that the government…

3 months ago

The International Monetary Fund emphasizes to Egypt the necessity of liberalizing the exchange rate of the pound

This came during a press conference held on Tuesday, where Hollar stressed that the country needs to implement…

3 months ago

Egypt invests $340 million to expand oil and gas production

The first agreement was signed with Shell and Malaysian Petronas, worth $222 million, to increase natural gas extraction…

3 months ago

Egypt aims to raise trade volume with Turkey to $15 billion

During the minister's meeting with his Turkish counterpart, Mehmet Simsek, on the sidelines of the G20 events held…

3 months ago

A record increase in Egypt’s wheat imports during the first half of 2024

This increase is the highest in the history of Egypt’s wheat imports, due to the increase in private…

3 months ago

Politics South Africa welcomes Turkey’s joining of “genocide” case against Israel

South Africa welcomes Turkey’s joining of “genocide” case against Israel

South Africa’s Minister of International Relations and Cooperation, Ronald Lamola,...

2 months ago

Politics Egyptian citizenship revoked from director Wael Seddiki

Egyptian citizenship revoked from director Wael Seddiki

The Egyptian government headed by Dr. Mostafa Madbouly withdrew the...

2 months ago

Politics Sudan opens Adre border crossing to send aid to Darfur

Sudan opens Adre border crossing to send aid to Darfur

Sudan’s Transitional Sovereignty Council decided on Thursday to open the...

2 months ago

Politics Libya… Belqasim Haftar conducts an inspection tour in the city of Al Bayda

Libya… Belqasim Haftar conducts an inspection tour in the city of Al Bayda

Eng. Belqasim Khalifa Haftar, Director General of the Libya Development...

2 months ago

Politics Mali… Demonstration in Koutiala against Ukraine supporting terrorism in the country

Mali… Demonstration in Koutiala against Ukraine supporting terrorism in the country

Hundreds of demonstrators in the southern Mali city of Koutiala...

2 months ago

Politics Analysis – The power struggle at the Central Bank amid the Libyan chaos

Analysis – The power struggle at the Central Bank amid the Libyan chaos

Western Libya is witnessing a new chapter of internal conflicts...

2 months ago

Politics Egypt tightens health measures to combat monkeypox

Egypt tightens health measures to combat monkeypox

The Egyptian Ministry of Health and Population has ordered the...

2 months ago

Politics Khalifa Haftar hosts Emirati delegation to discuss new development projects in Benghazi (Photos)

Khalifa Haftar hosts Emirati delegation to discuss new development projects in Benghazi (Photos)

Field Marshal Khalifa Haftar, Commander-in-Chief of the General Command Forces,...

2 months ago

Economy U.S. report ranks Morocco among top ten investment destinations in Africa

U.S. report ranks Morocco among top ten investment destinations in Africa

A report issued by the American magazine “Business Insider”, specialized...

2 months ago

Economy Egypt boosts local auto industry with six new models by 2027

Egypt boosts local auto industry with six new models by 2027

Egyptian Prime Minister Dr. Mostafa Madbouly announced progress in plans...

2 months ago

Economy Libya leads Africa in oil reserves despite political challenges

Libya leads Africa in oil reserves despite political challenges

Libya ranked first in the list of African countries in...

2 months ago

Economy Egypt prepares to buy a large quantity of wheat

Egypt prepares to buy a large quantity of wheat

Traders in the European and Middle Eastern grain market said...

2 months ago