Suez Canal revenues are down 40-50% this year to date due to attacks on shipping by Yemen's Houthi rebels

The Egyptian cabinet has approved the creation of a special free zone for the production, maintenance and export of marine yachts that meets standards equal to those of Europe and other international counterparts

The grace period granted to foreigners illegally residing in Egypt to legitimize their residency has been extended by six months and the new deadline is now 15 September 2024

Respect for human rights must be at the center of discussions and the bilateral agreement between the European Union and Egypt, which Brussels is preparing to sign, demanded the International Federation for Human Rights and other NGOs

The country will export locally produced insulin injections to Cuba for the first time through the United Company for Pharmaceuticals, an affiliate of the Acdima Group