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El-Sisi explores tripartite cooperation with China’s Sungrow, Norway’s Scatec

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
El-Sisi approves launch of Mineral Resources and Mining Industries Authority to replace EMRA

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 AM
Egypt ready to host US industrial zone at SCZone: El-Sisi

President 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 AM
Egyptian Cabinet greenlights new automotive production incentive program

The 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 AM
El-Sisi calls for unified tax on net profit to replace service fees at entities

Egyptian 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 AM
Egypt, France discuss boosting economic cooperation

Egyptian 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
El-Sisi approves AfDB’s $2M grant for VICMED project

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
El-Sisi issues decree to reconstitute Arab Contractors' board

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
El-Sisi ratifies amendments to Unified Public Finance Law

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
Maait unveils massive EGP 180B social protection package

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
Presidential decree ratifies $500M loan for Finance Ministry

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
El-Sisi, Georgieva review Egypt-IMF cooperation at COP28

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
Egypt Announce Social Support Measurements

Updated 9/20/2023 3:58:00 PM
El-Sisi, bin Zayed probe boosting bilateral ties

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 to provide necessary USD for customs release

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
El-Sisi renews tenure, hires deputies of SCZone's chairman

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
El-Sisi directs to push pace of Suez Canal development strategy

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
El-Sisi directs government to supply wheat to farmers at rewarding price

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
300K tons of wheat traded on EMX since launch

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
El-Sisi directs to localize complementary industries for renewable energy production

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