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Economy Events Country 2025-12-13T03:42:57+00:00

GAL Signs Strategic MoUs with Arab Organization for Industrialization

Global Aerospace Logistics (GAL) and Egypt's Arab Organization for Industrialization have signed two strategic MoUs to boost aerospace and logistics sectors.

GAL Signs Strategic MoUs with Arab Organization for Industrialization

Global Aerospace Logistics (GAL) has signed two memoranda of understanding with the Arab Organization for Industrialization in Egypt. The agreements are strategic in nature and aim to strengthen cooperation in the aerospace and logistics sectors. This is a significant step that opens up new opportunities for joint projects and technology development in the region.

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Egyptian Government Denies Rumors of Counterfeit Gold
2025-12-13T11:19:24+00:00

Egyptian Government Denies Rumors of Counterfeit Gold

The Egyptian Cabinet refuted rumors about counterfeit gold bars, stating that such cases are individual and occur outside the country, often spread online for sensationalism.
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Company Sues Former Board Members
2025-12-13T07:12:44+00:00

Company Sues Former Board Members

Ishraq Investment's board approved a lawsuit against former directors over a share acquisition deal deemed detrimental to shareholders.
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Egypt: Foreign Exchange Reserves Reach $50.216 Billion
2025-12-13T01:28:06+00:00

Egypt: Foreign Exchange Reserves Reach $50.216 Billion

Egyptian Prime Minister Mostafa Madbouli announced that the country's foreign exchange reserves have grown to $50.216 billion. He stated this is the result of coordination between the government and the central bank to combat inflation, which has also decreased.
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