News

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The Minister of Investment and International Cooperation Dr. Sahar Nasr met with Head of the Investment Development Authority of Lebanon (IDAL) Mr. Nabil Itani on the sidelines of her official visit to Beirut. Both officials addressed the different means of cooperation to increase joint investment b...

At the beginning of the meeting Mr. Khoury commended economic relations between both countries while Dr. Nasr stressed that the purpose of her visit was to enhance economic cooperation between both countries and to prepare for the convention of the Joint Commission to be co-chaired by the Prime Mini...

On 19 February 2017, the Minister of Investment and International Cooperation Dr. Sahar Nasr met with Head of the Egyptian Financial Supervisory Authority (EFSA) Mr. Sherif Samy at GAFI’s premises.

In completion of the series of meetings held by Prime Minister Sherif Ismail with the new ministers to become familiarized with their action plans in their ministries during the upcoming period, Eng. Ismael met with the Minister of Investment and International Cooperation

President Abdel Fattah El-Sisi swears in today new nine ministers, namely the Ministers of Investment & International Cooperation, Supply & Internal Trade, Parliamentary Affairs, Local Development, Education, Agriculture & Land Reclamation, Higher Education, Planning, Follow-p & Administrative Refor...

Money transfers by Egyptians working abroad are planned to become a life jacket and quick solution for Egypt’s foreign exchange crisis. Egypt has been suffering from lack of foreign currency for years and the issue significantly increased in the past. Appeals were published on social media networks ...

Admiral Mohab Mamish, Head of the Suez Canal Authority, inaugurated the port of East Port Said’s side channel on Wednesday, after trial runs successfully passed through the channel earlier this week. The new canal aims to allow larger ships in and out of the port. Mamish said that about 45m cubic me...

In an interview with Daily News Egypt analyst at Moody’s Sovereign Risk Group Mathias Angonin discussed Egypt’s bond credit rating, economic growth, national projects, and the stability of its economic situation. In an interview with Daily News Egypt analyst at Moody’s Sovereign Risk Group Mathias ...

EFFORTS are underway to attract investors to the New Suez Canal Area Development Project (SCADP), which is subject to zero customs rates, Ahmed Darwish, head of the Authority formed to oversee the management of the zone, told members of the American Chamber of Commerce in Cairo recently. He added th...

THE AFRICAN Export-Import Bank (AFREXIM) will provide Egypt with $500 million to support trade between Egypt and the bank's African member states, announced Tarek Qabil, the minister of industry and foreign trade, last week. The programme is designed to help support Egyptian companies making exports...