Egypt’s Qantara West projects to bring $4 billion in exports
Qantara West zone in Egypt aims to generate $4 billion in annual exports through $1 billion in industrial projects and state-backed infrastructure....
Tag : Egypt
Egypt’s central bank cuts interest rates by 200 basis points
Egypt’s central bank cut rates by 200bps, easing policy amid slowing inflation, improving growth, and greater economic stability....
UAE and Egypt reinforce ties during president’s fraternal visit
President Sheikh Mohamed arrived in Egypt for a fraternal visit where bilateral cooperation with President El Sisi took center stage in New Alamein....
NEOM meeting reinforces Saudi-Egypt strategic partnership
Crown Prince Mohammed bin Salman and President El-Sisi met in NEOM to strengthen ties, advance Gaza aid, and reaffirm support for the two-state solution....
IMF reduces annual borrowing costs for members by 36 percent
The IMF has reduced member borrowing costs by 36%, cutting annual surcharges by $1.2 billion. Five countries, including Argentina and Egypt, will benefit from the...
IEA forecasts UAE to exceed its renewable energy goals for 2030
The UAE is expected to exceed its renewable energy capacity targets for 2030, with significant growth projected by the IEA, highlighting its leadership in the...
Modon Holding named master developer for $110B Ras El Hekma
ADQ appoints Modon Holding as master developer for the Ras El Hekma megaproject in Egypt. The project spans 170 million sqm and is expected to...
Central Bank of Egypt plans United Bank IPO by March 2025
Egypt’s Central Bank plans to list United Bank on the Egyptian Stock Exchange, with the IPO set to conclude by Q1 2025, pending market conditions...
Arab Bodybuilding Championship to showcase Arab talent in Egypt this November
The Arab Federation of Bodybuilding and Fitness (AFBB) has officially announced that the highly anticipated Arab Bodybuilding Championship has been rescheduled to take place from...
Egypt partners with global energy companies in $1.8 billion offshore exploration initiative
Tarek El Molla, the Minister of Petroleum and Mineral Resources of Egypt, unveiled his country’s ambitious plan to invest $1.8 billion in offshore exploration for...