Egypt's food exports reached 250,000 tons in the week ended on May 31, marking an increase of 30,000 tons compared to the previous week, the Cabinet reported on Sunday citing the National Food Safety Authority (NFSA).
The exported products included (...)
After 24 hours of applying the government's decision to hike price of subsidised bread by 300 per cent, we surprisingly see a drop in the income of more than 75 million Egyptians. This decline is the result of raising the price of subsidised bread, (...)
The number of Egyptians obtained emigration permits or acquired emigration status reached 247 emigrants in 2023, 22.1 per cent down from 317 emigrants in 2022, the CAPMAS reported on Thursday.
Italy continued to be the top destination for Egyptian (...)
TotalEnergies and EREN Groupe, in collaboration with VERBUND, have signed a Memorandum of Understanding with Tunisia to explore the development of a major green hydrogen project called "H2 Notos" for export to Central Europe via pipelines, as (...)
Turkey climbs to the 11th place globally in renewable energy capacity, reaching 58,462 megawatts, Xinhua reported on Wednesday citing Turkish Energy Minister Alparslan Bayraktar.
The country aims to add 5,000 megawatts annually, prioritising solar (...)
Sherif Al-Sayyad, Chairperson of the Engineering Export Council of Egypt, has announced a remarkable 32.3% surge in engineering exports from January to April 2024, reaching a historic high of $1.673bn, compared to $1.264bn during the same period in (...)
The Kremlin has accused the North Atlantic Treaty Organisation (NATO) of direct confrontation with Russia over the ongoing conflict in Ukraine.
This follows statements from NATO Secretary General Jens Stoltenberg suggesting Ukraine could use (...)
Egypt's Micro, Small and Medium Enterprises Development Agency (MSMEDA) is collaborating with the Organisation for Economic Co-operation and Development (OECD) to empower small and medium-sized businesses across the region, according to a Cabinet (...)
Fiat owner Stellantis is set to announce on Monday a hybrid variant of its 500e electric car, which will be produced at the Mirafiori plant in Italy, Reuters reported.
The announcement is expected during a meeting in Turin between CEO Carlos Tavares (...)
US Treasury Secretary Janet Yellen called for "market-driven" countries to come together against China's industrial policies during the Group of Seven (G7) finance ministers and central bank governors' meeting in Italy from Thursday to Saturday, (...)
Rania Al-Mashat, Egypt's Minister of International Cooperation, and Michele Quaroni, the Italian Ambassador to Cairo, convened the management committee for the Egyptian-Italian debt swap programme at the Ministry's headquarters in the New (...)
US Treasury Secretary Janet Yellen stated Thursday that the Group of Seven (G7) finance ministers will address concerns about China's surplus industrial capacity and potential responses, Reuters reported.
She emphasised that without policy changes (...)
The G7 finance chiefs gathered in Italy for their annual meeting, with debt concerns notably absent from the agenda despite mounting borrowing levels across member countries, Blomberg reported on Thursday.
The meeting, chaired by Italian Finance (...)
Recurrent Energy, a subsidiary of Canadian Solar specialising in solar technology, announced on Thursday that it had secured a multi-currency revolving credit facility totaling up to 1.3 billion euros ($1.41 billion) from 10 banks, according to (...)
The sixth edition of Big 5 Construct Egypt, the country's flagship construction industry event, is taking place on June 25-27, building on the country's construction sector promising trajectory.
Supported by the Egyptian Ministry of Housing, (...)
Egypt has secured $38.8bm in development financing and grants over the past four years through partnerships with multilateral and bilateral development partners, the Ministry of International Cooperation told the House of Representatives' Foreign (...)
Japan's chief currency diplomat, Masato Kanda urged action to tackle structural issues and boost international competitiveness ahead of the G7 finance ministers and central bankers' meeting in Stresa, Italy, the Nikkei Asia reported on (...)
في واقعة تعد غير مسبوقة لم تحدث منذ نحو 40 عاما في جنوب إيطاليا، شهدت منطقة كامبي فليغري قرب نابولي الإيطالية، عشرات الهزات الأرضية التي أرعبت مئات الآلاف من السكان دون وقوع أضرار كبيرة، بحسب تأكيد السلطات الإيطالية، وفي الوقت ذاته وثق العشرات مشاهد (...)
In the heart of Downtown Cairo, Bullion Trading Center – BTC unveiled its latest gold collection "Aten Collection" in the Tahrir-based Egyptian Museum. With such an outstanding atmosphere, the event also witnessed the presence of the CEO of the (...)
Bassil Rahmi, CEO of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), emphasised the agency's commitment to supporting owners of MSMEs and assisting them in developing and upgrading their products for export. This strategic focus (...)
Under the collaborative efforts of the Ministries of Culture, Tourism, Social Solidarity, Immigration, Youth and Sports, Environment, and the National Council for Women, the second edition of the Empower Her Art Forum (EHAF 2024) is on the horizon. (...)
The US and European nations are at odds over the handling of Russia's frozen assets, estimated at around $300 billion, according to the New York Times, cited by TASS on Wednesday.
While the US and Britain advocate for confiscation, countries such as (...)
The United States has suspended a shipment of weapons to Israel, including heavy and bunker-buster bombs, amid concerns over their impact on civilian areas. This decision came in response to Israeli Prime Minister Benjamin Netanyahu's choice to (...)
Prime Minister Mostafa Madbouly recently embarked on an inspection tour of various factories in 10th of Ramadan City. This initiative is part of a broader effort to identify and resolve any barriers affecting their productivity. The tour began at (...)
The Japanese Ambassador to Egypt, Oka Hiroshi, awarded Reda El-Wakil, the renowned Egyptian opera singer, with a Certificate of Appreciation from the Japanese Embassy.
El-Wakil graduated from the Higher Institute of Music – Conservatoire in Cairo. (...)