President Abdel Fattah El-Sisi reviewed opportunities for tripartite cooperation between Egypt, Norwegian Company Scatec, and Chinese Group Sungrow
Updated 9/15/2025 9:27:00 AM
President Abdel Fattah El-Sisi approved a draft law on transforming the Egyptian Mineral Resources Authority (EMRA) into the Mineral Resources and Mining Industries Authority
Updated 6/12/2025 3:45:00 AMPresident Abdel Fattah El-Sisi unveiled plans to establish an American industrial zone in the Suez Canal Economic Zone (SCZone)
Updated 5/26/2025 1:20:00 AMThe Egyptian Cabinet approved a new automotive production incentive program as part of the National Strategy for the Automotive Industry
Updated 5/22/2025 5:40:00 AMEgyptian President Abdel Fattah El-Sisi has directed various entities and authorities to replace the fees they charge with a single unified additional tax on net profit.
Updated 4/22/2025 8:24:00 AMEgyptian President Abdel Fattah El-Sisi and French President Emmanuel Macron discussed ways to enhance cooperation in economic fields
Updated 4/7/2025 1:27:00 AM
Egyptian President Abdel Fattah El-Sisi issued Decree No. 371 of 2024, approving $2 million grant agreement provided by the African Development Bank (AfDB)
Updated 1/30/2025 1:01:00 AM
Egyptian President Abdel Fattah El-Sisi has issued a presidential decree to reconstitute the board of directors of the Arab Contractors Company, headed by Ahmed El Assar
Updated 1/21/2025 2:14:00 AM
The Egyptian President Abdel Fattah El-Sisi has granted his final approval for the amendments to the Unified Public Finance Law.
Updated 4/3/2024 9:52:00 AM
The recently approved social protection package by President Abdel Fattah El-Sisi amounts to EGP 180 billion, Minister of Finance Mohamed Maait stated during the Egypt Annual Tax Seminar hosted by PwC on February 8th.
Updated 2/8/2024 9:07:00 AM
The Egyptian President Abdel-Fattah El-Sisi has issued a decree approving a loan worth $500 million from Deutsche Bank and the Arab Banking Corporation (ABC) to the Ministry of Finance.
Updated 12/28/2023 3:21:00 AM
President Abdel-Fattah El-Sisi has met with the International Monetary Fund's (IMF) Managing Director Kristalina Georgieva on the sidelines of COP28 in Dubai to review cooperation between Egypt and IMF.
Updated 12/3/2023 11:10:00 AM
Egyptian President Abdel Fattah El-Sisi has met with his Emirati counterpart Sheikh Mohammed bin Zayed to bolster bilateral relations at several levels.
Updated 9/19/2023 8:02:00 AM
Egyptian banks will provide the required dollars to clear a backlog of goods piled up at ports due to the shortage of hard currency since the beginning of 2022, Asharq Business reported on December 26th, quoting President Abdel Fattah El-Sisi. Egypt will not reduce spending on national projects to ease pressure on USD reserves, El-Sisi added during the inauguration of two medical and industrial gases factories and a tri-generation power plant in the Abu Rawash Chemicals Complex in Giza.
Updated 2/8/2023 11:51:00 PM
President Abdel Fattah El-Sisi issued a decree renewing the tenure of Mohamed Abdel Aziz Baraya as Vice Chairman of the Suez Canal Economic Zone (SCZone) for the Northern Region, according to a statement by eh Suez Canal Authority (SCA) on January 7th. The President appointed Walid Youssef Morsi as SCZone's Vice Chairman for the Southern Region.
Updated 2/5/2023 9:05:00 PM
President Abdel Fattah El-Sisi ordered the government to proceed with the implementation of the development strategy of the Suez Canal, according to a statement by the Egyptian presidency on January 2nd. The strategy aims at enhancing the canal’s unique position as a waterway on which the global trade movement depends, and as one of the tributaries supporting the national economy.
Updated 2/5/2023 8:47:00 PM
Arab Finance: President Abdel Fattah El-Sisi directed the government to make the supply price of wheat rewarding for farmers in a way that achieve an adequate economic return for them, according to a statement by the Spokesman for the Egyptian Presidency on January 10th. President Abdel Fattah El-Sisi met with top officials to address the food security system and the position of the strategic reserve of basic food commodities in the country, the statement added.
Updated 2/3/2023 11:31:00 AM
A total of 300,000 tons of wheat have been traded on the Egyptian Mercantile Exchange (EMX) since November 28th, 2022, Head of the Internal Trade Development Authority (ITDA) Ibrahim Ashmawy told the Middle East News Agency (MENA) on January 16th.
Updated 2/1/2023 2:11:00 PM
Egyptian President Abdel Fattah El-Sisi has directed to intensify efforts to localize complementary industries for the production of new and renewable energy, including green fuel, the Egyptian Presidency reported on January 16th.
Updated 2/1/2023 11:30:00 AM