Daily brief
Egypt has launched a major port and investment zone project, alongside a $27 billion new city called 'The Spine' east of Cairo. The government also announced plans to boost exports by 40%, cut the wheat import bill by 5% by year-end, and introduce a new 2-pound coin. These initiatives align with OECD standards to attract investment and upgrade airports and civil aviation.
The International Fund for Agricultural Development (IFAD) will support Egypt's agricultural priorities and financial inclusion.
Suez Governor and Sri Lankan Ambassador discussed trade and investment cooperation.
Red Sea Governor inspected Hurghada slaughterhouse.
by WorldBrief & Maksim Micheliov | AI-generated summary