June 24, 2024

World Bank announces $700 mln development financing for Egypt

The World Bank (WB) has announced $700 million in Development Policy Financing (DPF) for Egypt to support the country’s shift towards more private sector participation, better macroeconomic and fiscal resilience, and a greener growth trajectory, the W…

PM commends strategic relations between Egypt, France

Prime Minister Mostafa Madbouli commended the historical and strategic relations between Egypt and France in different political, economic and cultural fields.

Madbouli made the remarks during his meeting on Monday with members of the French Chamber …

PM follows up on recent developments of price reduction initiative

Egypt’s commercial chains have seen a series of price reductions since the initiation of the price reduction initiative. The Cabinet’s statement reveals that these reductions have varied between 5.7 percent and 32.5 percent.

Similarly, retail stores …