Egypt, EU ink 40-million-dollar grant deal to boost food security

Egypt and the European Union have signed a grant agreement of $40-million to support food security efforts in Egypt.

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• Thursday، 30 March 2023 02:14 PM

Ministries of local development, military production ink agreement

Minister of Local Development Hisham Amna and State Minister of Military Production Mohamed Salaheldin Moustafa witnessed the inking of an agreement between their ministries on furnishing and equipping 329 service complexes in the "Decent Life" villages.

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• Thursday، 30 March 2023 12:57 PM

CBE explains reasons for raising interest rates by 200 bps

The Monetary Policy Committee (MPC) in its meeting on Thursday 30/3/2023 decided to raise the Central Bank of Egypt’s (CBE) overnight deposit rate, overnight lending rate, and the rate of the main operation by 200 bps to 18.25 percent, 19.25 percent, and 18.75 percent, respectively. The discount rat

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• Thursday، 30 March 2023 12:00 AM

GAFI head probes with Greece's Mytilineos investment cooperation

CEO of the General Authority for Investment and Free Zones (GAFI) Hossam Heiba discussed on Wednesday 29/3/2023 with representatives of the Greek company of Mytilineos investment opportunities in Egypt.

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• Wednesday، 29 March 2023 07:42 PM