News / Government

Egypt Inaugurates Investment Pavilion in Russia’s Fan Zone

The Ministry of Investment and International Cooperation (MIIC) has inaugurated on Monday, June 18, Egypt's pavilion in the Fan Zone in Russia's St. Petersburg to promote for Egypt's investment map

Egypt Parliament Approves Financial Leasing, Factoring Law

Egypt's parliament has approved on Saturday, June 23, a financial leasing and factoring bill in a general session headed by Parliament Speaker Ali Abdel Aal, in the presence of Minister of Investment and International Cooperation Sahar Nasr

Egypt to Receive 4th Tranche of IMF Loan July-End

Minister of Finance Mohamed Moeet has revealed that Egypt is set to receive the fourth tranche of the International Monetary Fund's (IMF) loan package by the end of July 2018

Egypt Disburses EGP 1.5 bn to Install Energy-Saving Street Lights

Egypt’s Ministry of Finance (MoF) announces a disbursement of EGP 1.5 bn to fund the first and second phases of its plan to displace the country’s street lights by energy-saving bulbs

New Units to be Offered in Social Housing Project

Around 18,500 residential units will be available for reservation as part of the social housing project

Booklets for 20,000 Sakan Misr Units Offered June 3

Booklets were offered for reserving more than 20,000 housing units in the second phase of Sakan Misr project starting from Sunday, June 3

Egypt’s Foreign Reserves Climb to New Record at End-May

Egypt’s net foreign reserves rose to USD 44.14 bn at the end of May compared to USD 44.03 bn recorded at the end of April

Dubai Named UNESCO Creative City of Design

Dubai has been recognized as the "Creative City of Design" by the United Nations Educational, Scientific and Cultural Organisation (UNESCO), becoming the first city in the Middle East region to be given the honor

Egypt’s New Cabinet Swears in; PM Madbouly to Continue Heading Housing Ministry

Egypt's new government has sworn in on Thursday, June 14, with the appointment of 12 new ministers and 15 deputies

Egypt’s Inflation Drops, Surpasses IMF Prediction

Egypt's annual inflation rate dropped to 11.4% in May, down from 13.1% in April, the Central Agency for Public Mobilization and Statistics (CAPMAS) revealed on Sunday, June 10, a larger fall than the International Monetary Fund (IMF) had predicted.

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