Egypt Ezine

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UNESCO board elects Egypt’s Khaled El Enany as chief
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UNESCO board elects Egypt’s Khaled El Enany as chief

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Egypt’s Khaled El Enany won UNESCO’s top job with 55 of 57 votes, becoming the first Egyptian to lead the global cultural and education agency....
Egypt's Qantara West projects to bring $4 billion in exports
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Egypt’s Qantara West projects to bring $4 billion in exports

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Qantara West zone in Egypt aims to generate $4 billion in annual exports through $1 billion in industrial projects and state-backed infrastructure....
Egypt’s central bank cuts interest rates by 200 basis points
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Egypt’s central bank cuts interest rates by 200 basis points

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Egypt’s central bank cut rates by 200bps, easing policy amid slowing inflation, improving growth, and greater economic stability....
UAE and Egypt reinforce ties during president’s fraternal visit
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UAE and Egypt reinforce ties during president’s fraternal visit

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President Sheikh Mohamed arrived in Egypt for a fraternal visit where bilateral cooperation with President El Sisi took center stage in New Alamein....
NEOM meeting reinforces Saudi-Egypt strategic partnership
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NEOM meeting reinforces Saudi-Egypt strategic partnership

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Crown Prince Mohammed bin Salman and President El-Sisi met in NEOM to strengthen ties, advance Gaza aid, and reaffirm support for the two-state solution....
UAE Egypt presidents meet in Cairo to deepen fraternal ties
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UAE Egypt presidents meet in Cairo to deepen fraternal ties

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UAE Egypt presidents discuss strengthening fraternal ties in Cairo, reaffirming a shared vision for regional cooperation and economic growth....
IMF reduces annual borrowing costs for members by 36 percent
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IMF reduces annual borrowing costs for members by 36 percent

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The IMF has reduced member borrowing costs by 36%, cutting annual surcharges by $1.2 billion. Five countries, including Argentina and Egypt, will benefit from the new policy starting November 1....
IEA forecasts UAE to exceed its renewable energy goals for 2030
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IEA forecasts UAE to exceed its renewable energy goals for 2030

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The UAE is expected to exceed its renewable energy capacity targets for 2030, with significant growth projected by the IEA, highlighting its leadership in the MENA region's energy transition....
Modon Holding named master developer for $110B Ras El Hekma
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Modon Holding named master developer for $110B Ras El Hekma

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ADQ appoints Modon Holding as master developer for the Ras El Hekma megaproject in Egypt. The project spans 170 million sqm and is expected to create 750,000 jobs by 2045....