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PM: Egypt achieved unprecedented leap in localizing food industries

Prime Minister Mostafa Madbouly highlighted the unprecedented progress Egypt achieved in localizing food industries and processing agricultural crops. He pointed to the ongoing efforts to attract both domestic and foreign investments, which boost the country’s export capacity, improve its competitiveness in global markets, and create more job opportunities across various governorates. The remarks came during …

The post PM: Egypt achieved unprecedented leap in localizing food industries appeared first on Egypt Independent.

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A leap not seen in a year: How much did Egyptian expat remittances reach from January-September 2024?

Remittances from Egyptians working abroad have seen successive leaps since the implementation of the reform measures in March 2024. In September 2024 alone, remittances doubled to reach approximately US$2.7 billion, compared to around $1.3 billion in September 2023. Remittances during the first quarter of the fiscal year 2024/2025 (July/September 2024) increased by 84.4 percent to …

The post A leap not seen in a year: How much did Egyptian expat remittances reach from January-September 2024? appeared first on Egypt Independent.

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