العربية

Day: June 3, 2025

Egypt’s Abdelatty, Benin FM discuss bilateral ties, African security

Egypt’s Foreign Minister, Badr Abdelatty, held political consultations with Benin’s Foreign Minister, Olushegun Adjadi Bakari, on Tuesday, to discuss ways to support bilateral relations and address challenges facing the African continent. Foreign Ministry Spokesperson Ambassador Tamim Khallaf stated that Minister Abdelatty welcomed the Beninese Foreign Minister’s visit, which comes within…

Egypt’s PM reviews measures to boost red meat supply, stabilise prices

Egypt’s Prime Minister Mostafa Madbouly has reviewed measures aimed at increasing the supply of red meat in local markets and ensuring price stability, his office said. The Prime Minister chaired a meeting on Wednesday attended by Minister of Agriculture and Land Reclamation Alaa El-Din Farouk, Deputy Minister of Agriculture Mostafa…

Egypt unveils comprehensive new export rebate programme

Investment and Foreign Trade Minister Hassan El-Khatib, along with Finance Minister Ahmed Kouchouk, has announced the full details of Egypt’s new export subsidy rebate programme for the fiscal year 2025/2026. The ministers emphasized the government’s commitment to building a modern and responsive support mechanism, aligned with Egypt’s ambitious export growth…

Egypt’s pharmaceutical market hits EGP 309bn in 2024, marking 43% growth

Egypt’s pharmaceutical market recorded EGP 309bn in sales in 2024, up from EGP 216bn in 2023—reflecting a 43% year-on-year increase, according to Ali Ghamrawy, Chairperson of the Egyptian Drug Authority (EDA). The announcement came during the EDA’s 15th Board of Directors meeting, attended by Deputy Prime Minister for Human Development…

Egyptian FM, visiting Indian MPs discuss strategic ties, regional security

Egypt’s Foreign and Emigration Minister Badr Abdelatty met with a high-level Indian parliamentary delegation on Tuesday to discuss strengthening bilateral relations and regional security issues, including counter-terrorism and the situation in South Asia, the foreign ministry said. The multi-party Indian parliamentary delegation, led by Member of Parliament Supriya Sule, was…

Three real estate platforms seek FRA licensing for investment funds

The Financial Regulatory Authority (FRA) announced that three real estate share-selling platforms—Nawy, SAFE (a subsidiary of Madinet Masr for Housing and Development), and Saqr, the owner of Farida—have formally initiated procedures to regularise their operations under Egypt’s non-banking financial framework. Each platform has begun establishing two entities: one to launch…

Minister Farouk urges swift activation of Agricultural Solidarity Fund

Alaa Farouk, Minister of Agriculture and Land Reclamation, chaired Tuesday the second meeting of the Agricultural Solidarity Fund’s Board of Directors to finalize the fund’s strategic and operational framework. Discussions focused on internal regulations, organizational structure, and accelerating the fund’s activation to support Egypt’s agricultural sector. Farouk emphasized the urgent…