Day: March 15, 2025

Ayman Ashour, Minister of Higher Education and Scientific Research, reaffirmed the ministry’s commitment to fostering innovation, enhancing the work environment, and driving sustainable development. This effort is guided by a strategic framework focused on key pillars, including talent development, technology and knowledge transfer, financial support, improved governance, and performance evaluation.…

Alaa Farouk, Minister of Agriculture and Land Reclamation, and Yasmine Fouad, Minister of Environment, met to strategize on optimizing agricultural and animal waste for organic feed and fertilizer production. This initiative aims to enhance sustainability and reduce dependence on imported feed. Minister Farouk directed ministry officials to coordinate closely with…

The Egyptian government has distributed an EGP 300 Ramadan bonus to 4.7 million families enrolled in the Takaful and Karama cash transfer programme, amounting to a total of EGP 1.5bn. Finance Minister Ahmed Kouchouk stated that the Ministry of Finance provided the funds to the Ministry of Social Solidarity for…

Egypt’s Ministry of Local Development has launched the inaugural “‘Gadeer’” Award for Excellence and Innovation, aimed at local administration personnel in the governorates. The announcement was made on Saturday, March 15, 2025. The award, under the patronage of Minister of Local Development Manal Awad, is designed to support excellence and…

Gold prices in local markets saw a slight decline on Saturday, coinciding with the global market’s weekend break, after the ounce crossed the $3,000 mark for the first time in history, recording a 2.6% weekly gain. The surge was fueled by increased demand for safe-haven assets, amid expectations of a…

Egyptian Minister of Planning, Economic Development, and International Cooperation Rania Al-Mashat met with French Ambassador to Cairo Eric Chevalier to discuss future economic cooperation between the two countries. The meeting focused on recently signed agreements financing development projects and upcoming partnership priorities. Al-Mashat emphasised the strong relationship between Egypt and…

Egypt’s Minister of Planning, Economic Development, and International Cooperation Rania A. Al-Mashat met with Norwegian Ambassador to Cairo Hilde Klemetsdal and Scatec CEO Terje Pilskog on March 15 to discuss enhancing investments in renewable energy and green transformation in Egypt. The meeting, which followed the launch of the 2nd progress…

The Egyptian Space Agency (EgSA) is embarking on ambitious new satellite projects and expanding international collaborations, as announced during the agency’s 10th Board of Directors meeting chaired by Prime Minister Mostafa Madbouly. The Saturday meeting, held at EgSA headquarters in New Cairo, reviewed recent achievements and future plans, focusing on…

Egypt’s urban inflation dropped to 12.8% in February 2025, down from 24% in January, a sharp decline primarily attributed to the base year effect. But what does this term mean, and why does it have such a significant impact on inflation calculations? The base year serves as the reference point…