Economy
AngloGold Ashanti plans further investment in promising Egyptian mining sites
AngloGold Ashanti plans further investment in promising Egyptian mining sites
Nabiora
Egypt news
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Economy
Egypt targets 6% mining contribution to GDP as 119 companies submit 403 offers
Egypt targets 6% mining contribution to GDP as 119 companies submit 403 offers
Economy
Malian Minister of Communications and Ambassador to Cairo Visit the Egyptian Space Agency to Strengthen Cooperation
The Egyptian Space Agency hosted a Malian delegation led by the Minister of Communications and the Digital Economy. The visit included a tour of the agency’s laboratories and technological facilities to explore prospects for cooperation in the fields of space and satellites.
Economy
Leaders of global mining companies praise Egypt's reforms and highlight the country's promising opportunities on the global mining map
The opening session of the Egypt Mining Forum 2026, which was inaugurated by President Abdel Fattah El-Sisi, President of the Republic, today in the New Capital, the participation of a number of leaders from major global mining companies and institutions, who shared their vision for the future of the mining sector in Egypt, and praised the reforms underway in the sector aimed at improving the investment climate, boosting exploration and production, and increasing the added value of min
Economy
Egypt condemns Israeli escalation in West Bank, settler incursions into Al-Aqsa
Egypt condemns Israeli escalation in West Bank, settler incursions into Al-Aqsa
Economy
Egypt steps up efforts to boost oil, gas production, investment
Planning and Economic Development Minister Ahmed Rostom and Petroleum and Mineral Resources Minister Karim Badawi held a meeting to review performance indicators for the petroleum sector and the latest developments in efforts to increase production and investment, as well as several issues related to improving services provided to citizens. During the meeting, Rostom said the [...] The post Egypt steps up efforts…
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Economy
Egypt targets 5.2% to 5.4% economic growth next fiscal year, planning minister tells S&P
Egypt is targeting an economic growth rate of between 5.2% and 5.4% during the upcoming fiscal year, relying on private sector empowerment, an improved investment environment, and the economy’s capacity to create jobs, the minister of planning and economic development said. Minister Ahmed Rostom announced the targets during a meeting with representatives from S&P [...] The post Egypt targets 5.2% to 5.4% economic…
Economy
The National Council for Women Discusses Ways to Promote Economic Empowerment for Women
The National Council for Women organized a roundtable discussion as part of the “Al-Masriya” initiative to explore ways to promote economic empowerment opportunities for women and expand cooperation between government and development agencies.
Economy
Why did the government revoke Ahmed Hatem Refaat's Egyptian citizenship?
The Cabinet has approved the revocation of Ahmed Hatem Refaat’s Egyptian citizenship due to his residence abroad and his membership in a foreign organization that aims to undermine the country’s social and economic system. Click here for details.
Economy
Technology Expert: Artificial Intelligence Is Egypt’s Best Chance to Keep Pace with Global Advancements
A technology expert asserts that artificial intelligence presents an opportunity for Egypt to keep pace with global developments, emphasizing the importance of investing in talent and improving education. Click here for details.
Economy
Following the announcement of cash prizes, the Journalists' Syndicate announces the postponement of the Al-Borsa seminar
The Journalists' Syndicate announced that it has postponed its economic seminar on the importance of the stock market and the role of journalists in promoting a culture of investment to a date to be determined later. Click here for details.
Economy
Madbouly: Trade volume with Bulgaria to reach $1.5 billion by 2025
Dr. Mostafa Madbouly discussed with the President of Bulgaria ways to strengthen economic cooperation and trade, noting that trade between the two countries is expected to reach $1.5 billion by 2025. Click here for details.
Economy
Prime Minister Congratulates Bulgaria on Joining the Eurozone
Dr. Mostafa Madbouly congratulated Bulgaria on joining the eurozone, emphasizing the importance of this step, and discussed with the Bulgarian president ways to strengthen economic and joint cooperation frameworks. Click here for details.
Economy
Egypt targets greater investment, trade with Africa
Egypt is seeking to increase investments by Egyptian companies in African markets while boosting exports and intra-African trade, Investment and Foreign Trade Minister Mohamed Farid said. Speaking at a business forum organised by the Egyptian Junior Business Association (EJB) in cooperation with Granite Financial Holding, Farid said Egypt’s economic ties with Africa should extend beyond [...] The post Egypt targets…
Economy
Egyptians Abroad Sent $29.7 Billion Home in First Seven Months of 2026
Remittances from Egyptians working abroad rose 28.1 percent year-on-year to around USD 29.7 billion (EGP 1.54 trillion) during the first seven months of 2026, up from approximately USD 23.2 billion (EGP 1.2 trillion) during the same period in 2025, according to a statement by the Central Bank of Egypt (CBE) on Monday, 21 September. Remittances are money sent home by Egyptians living and working abroad and represent…
Economy
What Would Happen If Iran Cut Undersea Internet Cables? Major General Osama Kabir Responds
Major General Osama Kabir, an advisor at the Command and Staff College, explained that Iran’s cutting of undersea internet cables would lead to global economic paralysis and the suspension of vital electronic services.
Economy
Private sector captures 63% of Egypt’s total investments as economic growth accelerates: Kouchouk
Egypt’s private sector accounted for 63% of the country’s total investments over the past year, becoming the largest contributor to economic growth following a 32% increase in private investments, Minister of Finance Ahmed Kouchouk said. Speaking during an open dialogue with the business community at the American Chamber of Commerce in Cairo, Kouchouk noted that [...] The post Private sector captures 63% of Egypt’s…
Economy
Egyptian government and CBEdraft National Economic Transformation Programme
Egyptian Prime Minister Mostafa Madbouly and Central Bank Governor Hassan Abdalla met to coordinate the preparation of a National Economic Transformation Programme and review ongoing efforts to reduce inflation and increase dollar inflows. During the meeting, which focused on priority economic files and mechanisms to enhance financial and monetary stability, the officials reviewed several axes [...] The post…
Economy
CBE governor heads Egypt delegation at 48th annual AACB meetings
Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), headed Egypt’s delegation at the 48th annual meetings of the Association of African Central Banks (AACB), hosted by the Central Bank of Kenya from 13 to 18 September in Nairobi, with the participation of governors of 34 central banks out of the Association’s 41 member [...] The post CBE governor heads Egypt delegation at 48th annual AACB meetings first…