Day: March 26, 2025

Industrial Development Group (IDG), a leader in developing, operating, and managing advanced industrial zones in Egypt, has unveiled an ambitious expansion strategy to solidify its role as a key driver of economic growth in Egypt and Africa. The company’s plan focuses on launching and developing new industrial zones in strategic…

Ahl Masr Foundation for Development has signed a memorandum of understanding with the General Secretariat of the Arab League to enhance regional cooperation in humanitarian healthcare, particularly burn treatment. The agreement aims to provide sustainable support for Ahl Masr Hospital, the Arab world’s first specialized burns hospital. The signing ceremony…

As part of its commitment to enhancing women’s access to formal financial services, the Central Bank of Egypt (CBE) has launched the annual “Women’s Financial Inclusion Event.” The event, which runs from March 8—coinciding with International Women’s Day—until the end of the month, aims to expand financial inclusion opportunities for…

Mohamed El-Shimy, Minister of Public Enterprises, and Ali El-Ghamrawy, Chairperson of the Egyptian Drug Authority (EDA), conducted an extensive field visit to subsidiaries of the Holding Company for Pharmaceuticals, Chemicals, and Medical Supplies. The tour covered Arabian Drug Company (ADCO), Memphis Pharmaceuticals, and Nile Pharmaceuticals, focusing on recent facility upgrades…

Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, met with a delegation from China’s Deli Group, a leading manufacturer of tools and equipment, to discuss the company’s plans to establish a large-scale industrial complex in the 10th of Ramadan City industrial zone. The project,…

Egypt’s Deputy Prime Minister and Minister of Health and Population, Khaled Abdel Ghaffar, met with Tajikistan’s Ambassador to Egypt, Parviz Mirzazoda, to explore opportunities for enhancing bilateral health cooperation and expanding partnerships in the medical and pharmaceutical sectors. Abdel Ghaffar reaffirmed Egypt’s commitment to deepening ties with friendly nations, emphasizing…

The Egyptian cabinet, led by Prime Minister Mostafa Madbouly, has approved the draft budget for the 2025/2026 fiscal year and referred it to Parliament for discussion and final approval. The new budget reflects record spending and a continued commitment to economic growth, social protection, and fiscal stability. Finance Minister Ahmed…

The launch of Egypt’s Integrated National Financing Strategy (INFS) marks a transformative policy shift, moving from fragmented financial approaches to a cohesive framework that aligns financial flows with national development priorities. This milestone strengthens Egypt’s role in global development financing, according to UN Resident Coordinator Elena Panova. Speaking at the…