The board of directors of the Financial Regulatory Authority (FRA) issued Decree No. 58 of 2025 regarding obligating insurance companies to register their real-time data on the electronic platform linking them with the authority.
Updated 3/27/2025 10:07:00 AM
Minister of Labor Mohamed Gobran approved the disbursement of Ramadan and Eid El-Fitr grants for 2025 to irregular workers registered at the ministry's database through contractors and companies.
Updated 3/27/2025 9:46:00 AM
Egypt’s Agricultural Research Centre (ARC) signed a deal with Saudi Green Company for Agricultural Development to produce agricultural fertilizer and soil conditioners in the Nubaria region.
Updated 3/27/2025 9:33:00 AM
The Egyptian Cabinet at its latest meeting, chaired by Prime Minister Mostafa Madbouly, approved the draft budget for fiscal year (FY) 2025/2026, with revenues estimated at EGP 3.1 trillion, marking an annual growth rate of 19%.
Updated 3/27/2025 9:25:00 AMBadr Abdelatty and Hassan El-Khatib discussed coordination between the two ministries to attract investments and support the national economy
Updated 3/26/2025 12:01:00 PM
Egypt and Azerbaijan have discussed ways to boost bilateral economic relations and enhance joint investment and development cooperation
Updated 3/26/2025 10:01:00 AM
Waleid Gamal El-Dien, Chairman of the General Authority of the Suez Canal Economic Zone (SCZone), inked a deal with XinFeng Egypt to establish an integrated manufacturing complex in Sokhna.
Updated 3/26/2025 8:24:00 AM
Minister of Labor Mohamed Gabr announced Eid El-Fitr holiday for the private sector
Updated 3/26/2025 6:48:00 AM
The InstaPay app is set to apply transfer fees as of April 1st, the Instant Payment Network (IPN) announced.
Updated 3/26/2025 6:32:00 AMGAFI penned a memorandum of understanding (MoU) with N Gage Consulting to reinforce cooperation in the field of investment
Updated 3/26/2025 1:49:00 AM
Egypt and India have cultivated robust economic ties for many years, yet significant opportunities remain to be explored. Forming new partnerships marks a strategic milestone in their evolving relationship, characterized by remarkable growth in trade and investment.
Updated 3/24/2025 12:12:00 PM
Egypt’s oil and gas output declined in January 2025, the Middle East Economic Survey (Mees) data showed.
Updated 3/24/2025 8:58:00 AMThe General Authority for the Suez Canal Economic Zone (SCZONE) has announced the beta launch of its digital services to enhance the investors’ business.
Updated 3/24/2025 7:59:00 AM
Prime Minister Mostafa Madbouly declared the period from Saturday to Tuesday an official holiday in celebration of Eid El-Fitr,
Updated 3/24/2025 7:08:00 AMThe Ministry of Health signed a memorandum of understanding (MoU) with Siemens Healthineers to launch the first radiology equipment development center in Egypt and the Middle East.
Updated 3/23/2025 8:29:00 AM
Minister of Investment and Foreign Trade Hassan El-Khatib has met with Indian External Affairs Minister Subrahmanyam Jaishankar to mull ways to bolster economic and trade ties between Egypt and India.
Updated 3/19/2025 11:30:00 AM
Egyptian Minister of Investment and Foreign Trade Hassan El-Khatib and Indian Minister of Industry and Supply Piyush Goyal agreed to boost trade exchange between Egypt and India to $12 billion over the next five years.
Updated 3/19/2025 7:33:00 AM
Prime Minister Mostafa Madbouly announced that the opening ceremony of the Grand Egyptian Museum is set to take place on July 3rd
Updated 3/18/2025 11:57:00 AMThe Arab Petroleum Pipelines Company (SUMED) increased its paid-in capital by $400 million to reach $600 million
Updated 3/18/2025 11:16:00 AMIndia-based chemicals manufacturer TCI Sanmar is intending to invest an additional $300 million in Egypt over the coming period, bringing its total investments in the country to nearly $2 billion.
Updated 3/18/2025 8:16:00 AM