Egyptian agriculture exports from January to 24 August this year have amounted to around 4,491,099 tons, Minister of Agriculture El Sayed El-Qusseir has said. A report by Ahmed El-Attar, head …
EGYPT
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Central bank of Egypt cancels maximum deposit limits, increases cash withdrawals to LE 150,000.
The Central Bank of Egypt (CBE) on Thursday canceled the maximum limits for deposit operations for individuals and companies in bank branches and automated teller machines (ATMs). The CBE also …
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IMF welcomes Egypt’s social protection program
The International Monetary Fund (IMF) welcomes the government’s social protection programs and does not force the state to take measures that harm Egyptian citizens, affirmed Egypt’s Prime Minister Moustafa Madbouli …
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Egypt signs $656M contract to manufacture, supply 320 subway vehicles
The National Authority for Tunnels signed a contract with a consortium of companies including South Korean Hyundai Rotem and the National Egyptian Railway Industries Company (NERIC) to manufacture and supply …
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Egypt to sign 7 new MoUs with int’l companies to produce green hydrogen
Egypt will sign seven new Memoranda of Understanding (MoUs) on green hydrogen production in the Suez Canal Economic Zone with international companies and alliances, announced the Egyptian Cabinet in a …
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USAID funds Egypt’s response to Covid-19 with $9M
The US government is supporting Egypt’s Covid-19 response with $9 million (EGP 173.4 million) in new funding, the United States Agency for International Development (USAID) in Egypt announced in a tweet on …
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Egypt launches ‘Your Road is Safe’ initiative targeted at delivery workers
After launching the “Safe Shores” initiative targeted at fishermen and the “Silky Hands” initiative targeted at carpet makers, the ministry of social solidarity Egypt launched Tuesday “Your Road is Safe” …
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Value of Egyptian non-oil exports drop by 18.3%
The Central Agency for Public Mobilization and Statistics (CAPMAS) released a statement Tuesday detailing the exports, whose value declined in May 2022, in spite of the increase in the total …
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Emirati Investments in Egypt jump to $1.9B in H1 2021/22
Emirati investments in Egypt increased 169.1 percent during the first half of the 2021-2022 fiscal year, to $1.9 billion, compared to $712.6 million during the same period of the fiscal …
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Egypt’s environment minister opens new water treatment plant at Rameda
Egyptian Minister of Environment Yasmine Fouad inaugurated a new high-efficiency water treatment plant at the Tenth of Ramadan for Pharmaceuticals Industries and Diagnostic Reagents (Rameda) (RMDA), according to a press release on Monday. …