Economy

Shoigu in Cairo: Russia and Egypt Deepen Strategic Partnership Across Nuclear, Defense, and Economic Sectors

  Sahar Ragab In a visit underscoring the growing depth of Russian-Egyptian relations, Russian Security Council Secretary Sergey Shoigu met with Egyptian President Abdel Fattah El-Sisi in Cairo on Monday. The two sides discussed international and regional security, developments in the Middle East, nuclear energy cooperation, and expanding military, intelligence, …

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Shoigu: Construction of Egypt’s El-Dabaa Nuclear Power Plant on Schedule — Russia Sees Cairo as Key Strategic Partner in the Middle East

  Sahar Ragab Russian Security Council Secretary Sergey Shoigu announced on Monday that the construction of Egypt’s El-Dabaa Nuclear Power Plant is progressing according to schedule, noting that challenges related to Western sanctions are being “largely resolved.” During consultations in Cairo with Fayza Abou El-Naga, Advisor to the Egyptian President …

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Egypt–China Investment Forum 2025 Kicks Off: A New Era of Industrial and Technological Partnership

Sahar Ragab The Egypt–China Investment Forum 2025 officially kicked off today, organized by the Egyptian Businessmen’s Association (EBA) in cooperation with the Ministry of Investment and Foreign Trade and the Embassy of the People’s Republic of China in Cairo, with the participation of top government officials and leading figures from …

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 Turkish Ambassador Praises Egypt’s Tax Reforms: “A Strong Environment for Foreign Investment”

Sahar Ragab Turkey’s Ambassador to Egypt, Salih Mutlu Şen, expressed strong appreciation for the Egyptian government’s ongoing efforts to enhance the investment climate, particularly through the innovative tax reforms being implemented by the Ministry of Finance, which he said will significantly accelerate foreign capital inflows into Egypt. The ambassador’s remarks …

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Egyptian Food Exports Surge: 83% Growth to Côte d’Ivoire, Led by Soft Drink Concentrates

  Sahar Ragab food exports to Côte d’Ivoire have witnessed an extraordinary 83% growth during the first eight months of 2025, reaching $19.1 million compared to $10.5 million in the same period of 2024, signaling immense potential for Egyptian products in the burgeoning African market. The Export Council for Food …

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Uganda’s Economy at a Crossroads: World Bank Calls for Tax Reforms and Smarter Spending to Sustain Growth

Kampala – Report – Reda Helal: The World Bank has released the 25th edition of the Uganda Economic Update, providing a comprehensive assessment of the country’s economic performance in FY2024/2025 and its prospects as commercial oil production approaches. Strong Growth with Brighter Prospects Ahead According to the report, Uganda’s real …

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OPEC at African Energy Week 2025: Africa’s Oil Demand to Surge, Realistic Energy Pathways Needed

Cape Town – Reda Helal: The Organization of the Petroleum Exporting Countries (OPEC) emphasized Africa’s pivotal role in global energy markets during African Energy Week (AEW) 2025: Invest in African Energies, held in Cape Town. Officials highlighted that Africa is set to witness a major surge in energy demand over …

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Bridging Digital Gaps: A Key Pathway to Global Financial Inclusion

Extended Report on the Centre for International Governance Innovation (CIGI) Conference, held on the sidelines of South Africa’s Think 20 Forum Report by Reda Helal The debate around digital payments is no longer confined to technical or economic issues. It has moved to the heart of broader discussions about national …

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Egypt’s Minister of Planning Meets World Bank Officials to Strengthen Partnership and Support Development Plans

  Cairo – Reda Helal H.E. Dr. Rania Al-Mashat, Minister of Planning, Economic Development, and International Cooperation, received Ms. Anshula Kant, Managing Director and Chief Financial Officer of the World Bank Group, at the Ministry’s headquarters in the New Administrative Capital. The meeting was attended by Mr. Stephane Guimbert, World …

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African Energy Chamber (AEC) to Launch State of African Energy 2026 Outlook at African Energy Week (AEW 2025)

  In collaboration with S&P Global Commodity Insights, the report offers a guide for investors and project developers pursing opportunities in African energy CAPE TOWN, South Africa, September 26, 2025/ — The African Energy Chamber (AEC) (https://EnergyChamber.org/) – the voice of the African energy sector – will launch its latest …

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