mohamed nazif

Egypt Forum recommends raising minimum wage to EGP 15,000 by FY2029/30

Prime Minister Mostafa Madbouly outlined a series of recommendations on wages, housing, education, agriculture, industry, investment and energy at...

EIB invests $37.5m in Tanmiya fund as it reaches $130m close

The European Investment Bank (EIB), through its development arm EIB Global, has invested $37.5m in Tanmiya Capital Fund II...

Egypt targets 12.5 million feddans of farmland, annual car production of +100k: Madbouly

Egypt aims to expand its cultivated area to 12.5 million feddans, increase annual domestic car production to more than...

Planning minister reviews optimal utilisation of NIB assets

Ahmed Rostom, Minister of Planning and Economic Development and Chairperson of the National Investment Bank (NIB), chaired a meeting...

Cairo hosts UfM Economic Forum to strengthen regional investment, trade

Cairo hosted the Economic Forum of the Union for the Mediterranean (UfM) from October 19 to 22, bringing together...

Suez Canal, Hapag-Lloyd discuss expanding transits as services gradually resume

The Suez Canal Authority (SCA) held talks with German shipping company Hapag-Lloyd to strengthen cooperation and increase vessel transits...
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SCZONE discusses investment, industrial cooperation with Hong Kong’s HKTDC

Mostafa Sheikhoun, Chairperson of the Suez Canal Economic Zone (SCZONE), met with a Hong Kong Trade Development Council (HKTDC)...

SCZONE seeks Shaanxi investment in clean energy, automotive manufacturing

Mostafa Sheikhoun, Chairperson of the Suez Canal Economic Zone (SCZONE), received a high-level trade delegation from China’s Shaanxi Province,...

Egypt signs MoU with China’s C&D to develop dry bulk terminal at Al Max Port

Egypt’s Ministry of Transport has signed a memorandum of understanding (MoU) with Chinese company Xiamen C&D to develop a...

Egypt reviews National Economic Transformation Programme ahead of 2026 forum

Egyptian Prime Minister Mostafa Madbouly reviewed the country’s National Economic Transformation Programme, aimed at building a resilient economy capable...

Egypt seeks to accelerate reduction in debt-service costs

The Ministry of Finance said it was facing the challenge of high debt-servicing costs and working tirelessly to reduce...

Planning minister reviews local-currency financing mechanisms with World Bank

Ahmed Rostom, Minister of Planning and Economic Development, held a meeting with Anshula Kant, Managing Director and Chief Financial...