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Al Baraka Group hosts 1st AGCM 

Al Baraka Group held its first Annual Group Compliance Meeting (AGCM) at its headquarters in Bahrain, with the participation of all its subsidiaries, on December 2nd and 3rd.

Updated 12/10/2024 2:10:00 PM
Badawi discusses growth in oil production at AmCham Meeting

Minister of Petroleum and Mineral Resources Karim Badawi has participated in a key meeting organized by the American Chamber of Commerce in Egypt (AmCham Egypt).

Updated 11/19/2024 3:16:00 PM
Cabinet nods to draft for AfDB framework shift from LIBOR to SOFR

The cabinet has approved the presidential draft resolution regarding the framework amendment agreement for the African Development Bank Group (AfDB) to replace the use of LIBOR as a reference interest rate with SOFR in calculating interest rates in development financing agreements.

Updated 11/6/2024 3:34:00 AM
El-Sisi, Putin discuss bilateral, regional, international issues

Egyptian President Abdel Fattah El-Sisi has met with his Russian counterpart Vladimir Putin to discuss various bilateral, regional, and international issues.

Updated 10/23/2024 8:33:00 AM
Cabinet ratifies establishing free zone in Ras El-Hekma city

The cabinet has approved a draft resolution on the establishment of a free zone in Ras El-Hekma city, dubbed as Ras El-Hekma Project Company for Urban Development.

Updated 4/24/2024 2:28:00 AM
Egypt hands over presidency of AIIB’s board meetings to Uzbekistan

Finance Minister Mohamed Maait, governor of Egypt at the AIIB, confirmed that his country is putting all its expertise and capabilities to the success of the strategy of stimulating the private sector to invest in infrastructure.

Updated 9/26/2023 2:30:00 AM
El-Sisi reviews Egypt’s economic indicators

President Abdel Fattah El-Sisi has met with Prime Minister Mostafa Madbouly and several officials to review the local economic indicators.

Updated 8/7/2023 7:23:00 AM
Aviation Ministry, private airlines’ heads probe ways of boosting cooperation

Egyptian Minister of Civil Aviation Mohamed Abbas Helmy held a meeting with heads of private airlines firms to discuss possible joint cooperation in the coming period to promote internal and external tourism movement, according to a statement by the Egyptian Ministry on February 5th.

Updated 2/6/2023 9:56:00 AM
Egypt’s irrigation ministry, partners to implement $668M projects

International business leaders, top decision-makers, and key players in civil society are counting down the days to convene at the World Economic Forum (WEF) Annual Meeting 2023. Under the theme of ‘Cooperation in Fragmented World’, the Annual Meeting is scheduled to take place in Davos, Switzerland, from January 16th to 20th. Davos 2030 is expected to bring over 2,500 global leaders together to tackle the most critical challenges of our time, especially those emerged from the outbreak of the COVID-19 pandemic as well as the onset of the Russian invasion of Ukraine.

Updated 2/2/2023 9:12:00 AM
El-Sisi to take part in India’s 74th Republic Day celebrations for 1st time

Egypt's President Abdel-Fattah El-Sisi is scheduled to arrive in New Delhi, India, on Tuesday, January 24th, in a three-day visit to participate for the first time ever in the South Asian country’s 74th Republic Day celebrations as the chief guest, India's Ministry of External Affairs said in a statement on January 21st.

Updated 1/31/2023 12:40:00 PM