Under this agreement, ADEX, an affiliate of the Abu Dhabi Fund for Development, will provide a $100 million annual revolving financing program over five years, amounting to a total of $500 million.

The targeted industries, critical to Egypt’s economic growth, rely on locally available raw materials and are integral to the country’s import substitution strategy.

According to ACDIMA chairperson, Olfat Ghorab, the new factory is a key step in addressing the ongoing challenges faced by Egypt’s pharmaceutical market, including shortages of essential drugs and ...

The program aims to boost renewable energy production, reduce reliance on thermal power plants, and support Egypt’s National Climate Change Strategy 2050.

Yasmine Abdelaziz and Akram Hosny Join Forces For The First Time in a New Comedy Film.

In a significant milestone for Egypt’s entertainment and tourism sector, Boom Room Madinaty, a flagship project by the global American entertainment company, hosted the MENALAC Egypt Summit. Held ...

Ahmed Bahaa, the lead singer of the band Sharmoofers, has joined the third season of the series "Kamel El Adad" as a guest star.

The Arab League Council, initiated by Egypt in collaboration with several member states, convened a meeting to establish a unified Arab stance against the Israeli military's occupation of additional ...

Egyptian Prime Minister Dr. Mostafa Madbouly met Thursday evening with Sherif Fathy, Minister of Tourism and Antiquities, to discuss ways to stimulate investment in the tourism sector, in the presence ...

This is leading to a “lower roll-over of positions,” particularly as the finance ministry has until recently resisted raising yields at auction in order to keep the cost of borrowing down, said ...

Egypt’s Foreign Minister Badr Abdelatty had a meeting with Irish Minister of Defense and Foreign Affairs Micheál Martin during the last leg of the European tour of President Abdel Fattah El Sisi ...

The overall consumer price index (CPI) for November was recorded at 239.8 points, marking a slight monthly decline of 0.1% compared to October. Key exports included stones and cement worth $8.1 ...