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Egypt
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Defence
1/23/2024 9:07:53 PM
Egypt’s Minister of Defence and Military Production Mohamed Zaki discussed the latest developments in the Gaza Strip with the White House’s Middle East coordinator, Brett McGurk, and his accompanying delegation during a meeting in Cairo on Tuesday.
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Egypt
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Society
1/23/2024 1:59:16 PM
Egypt's total seafood production has reached about 2.1 million tons in 2023, with around 85 percent self-sufficiency rate, according to the Lakes and Fish Resources Protection and Development Agency, with efforts to bridge the supply and demand gap through importing high-quality seafood from countries like Norway.
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Business
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Economy
1/23/2024 10:17:27 AM
The Egyptian government has pledged to pay EGP 1.4 billion (more than $45 million) annually, covering the real estate tax for the industrial, poultry, and animal production sectors until the end of 2026, Minister of Finance Mohamed Maait said on Monday.
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Business
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Markets & Companies
1/18/2024 8:18:37 PM
Centamin, the operator of Egypt’s largest gold mine, Sokari, increased its annual revenues from the mine to 13 percent during the full year 2023, recording $891.26 million, according to a statement on Thursday.
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Egypt
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Defence
1/17/2024 1:13:29 PM
Egypt remains committed to the Palestinian cause and rejects any attempts to displace the Palestinians, reiterated Minister of Defence and Military Production Mohamed Zaki during his meeting with UN Senior Humanitarian and Reconstruction Coordinator for Gaza Sigrid Kaag.
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Business
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Economy
1/16/2024 2:57:30 PM
Foreign companies can now retain their capital increase deposit in foreign currency, rather than having it converted to Egyptian pound by the bank, allowing them to utilize it later for the procurement of production inputs.
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Business
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Economy
1/16/2024 12:40:38 PM
The Egyptian government is prioritizing the stimulation of investment, production, and exports in order to boost economic growth in the future, said Rasha Abdel-Aal, acting head of the Egyptian Tax Authority (ETA).
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Business
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Economy
1/15/2024 6:01:43 PM
The historic Abu Qurqas Sugar Factory decided to halt cane sugar production after 155 years, due to a sharp reduction in sugar cane supply to the factory, Issam El-Din El-Badawi, head of the Egyptian Sugar and Integrated Industries Company (ESIIC) affiliated with the Ministry of Supply and Internal Trade, said on Sunday.
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Arts & Culture
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Screens
1/13/2024 2:04:04 PM
Just days before the Egyptian star-studded Maksoum's theatrical release, the production company revealed that the Lebanese singer Nancy Ajram sings the film's theme song.
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World
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International
1/11/2024 8:38:39 PM
Ukrainian President Volodymyr Zelensky on Thursday called for more European weapons production and warned that any pause in the conflict would only benefit Russia.
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Arts & Culture
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Screens
1/5/2024 7:47:46 PM
While the American film industry faced a crisis, in the second half of 2023, which came with the strikes at Hollywood, resulting in delays of many productions, 2024 will still witness a good number of anticipated new films of the year.
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Business
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Economy
1/4/2024 2:25:20 PM
Egypt’s non-oil private sector showed slower expansion at the end of last year as demand weakened further amid currency depreciation and high inflation, according to data released by the American credit rating agency Standard and Poor's (S&P) on Thursday.
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Egypt
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Politics
1/2/2024 9:51:55 PM
Egypt’s House of Representatives approved on Tuesday a drafted law presented by the government offering a string of incentives to promote the production of green hydrogen projects.
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Business
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Economy
12/29/2023 5:34:56 PM
Privately-owned MAFI For Agricultural Produce Industries signed contracts on Wednesday with international agricultural companies to establish a $300 million food production complex in Sadat City, the largest in the Middle East.
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Business
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Markets & Companies
12/28/2023 4:49:09 PM
The Egyptian Exchange (EGX) indices ended in the green on Thursday, as trading resumed on the shares of Misr Fertilizers Production Co. (MOPCO) company after three days of suspension.
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World
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Region
12/27/2023 1:14:43 PM
Iran said Wednesday there was "nothing new" in an International Atomic Energy Agency report which said it had recently accelerated production of highly enriched uranium after months of slowdown.
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Business
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Economy
12/24/2023 5:27:46 PM
Egypt’s rice production can cover local consumption needs for nine months, Ragab Shehata, head of the Rice Division at the Federation of Egyptian Chambers of Commerce, said on Saturday.
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Business
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Economy
12/19/2023 4:56:20 PM
Global gold mining company Centamin has raised its estimates of gold reserves in Egypt's largest producing mine by 10 percent from 5.3 million to 5.8 million ounces. according to the company’s annual update on Tuesday.
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Business
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Economy
12/17/2023 6:12:08 PM
Egypt bears an annual burden of over EGP 13 billion due to interest rate differences in loans provided domestically at discounted interest rates for production sectors, covering agricultural, industrial, and tourism activities, Minister of Finance Mohamed Maait said on Sunday.
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Egypt
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Defence
12/6/2023 12:34:30 PM
In the third edition of the Egypt Defence Expo (EDEX), the Egyptian Ministry of Military Production unveiled the "Raad 200," the first Egyptian-made multiple launch rocket system (MLRS).
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