Day: July 28, 2025

Triquera B.V., the majority shareholder of Egyptian biopharmaceutical leader Minapharm, has secured a minority investment from Admaius Capital Partners in a landmark deal aimed at accelerating the regional and global expansion of Minapharm’s biotechnology footprint. Admaius, an Africa-focused private equity firm, joins forces with Triquera to support the continued growth…

The Micro, Small and Medium Enterprise Development Agency (MSMEDA) has pumped EGP 2.2bn into financing 51,000 projects in Alexandria from July 2014 to May 2025. Bassel Rahmy, CEO of MSMEDA, has stressed the agency’s commitment to doubling the available funding for youth in Alexandria in the coming phase. This is…

Minister of Agriculture and Land Reclamation Alaa Farouk has met with Minister of Parliamentary, Legal, and Political Communication Affairs Mahmoud Fawzi to discuss proposed amendments to the Agricultural Cooperatives Law. The meeting was part of the government’s ongoing efforts to support and develop the agricultural sector, enhance food security, and…

Egypt’s Fund for Drug Control and Treatment of Addiction has launched a new phase of its awareness programmes in Cairo’s recently developed Maspero Triangle area, the fund said in a statement. The initiative is part of a presidential directive to implement drug protection programmes in newly developed areas that have…

Egyptian Prime Minister Mostafa Madbouly has reviewed a report on the responses of the unified government complaints system to a number of cases in various sectors, his office said in a statement. Madbouly directed that complaints and appeals from citizens requiring urgent attention—such as those related to health, the protection…

Egypt’s Deputy Prime Minister and Minister of Health and Population, Khaled Abdel Ghaffar, chaired a key meeting on Monday with the leadership of the Universal Health Insurance and Healthcare Authorities to discuss strategic funding and sustainability plans for the national health insurance system, according to a statement from the Health…

Walid Gamal El-Din, Chairperson of the Suez Canal Economic Zone (SCZONE), met with Ambassador of Singapore to Cairo, Dominic Goh, on Monday at the SCZONE headquarters in the New Administrative Capital. The meeting focused on strengthening bilateral ties and exploring investment opportunities within the SCZONE, with particular emphasis on its…

Egypt’s national electricity grid successfully handled a record load of 39,400 megawatts (MW) on Sunday, an increase of 1,400 MW over last year’s maximum load, the Ministry of Electricity and Renewable Energy said in a Monday statement. The new record marks an increase of 600 MW from the load recorded…

Agiba Petroleum Company has announced the start of production from its “Arcadia-28” well, which targets the Masajid Carbonate Formation. The well was brought online on 19 July following a carefully executed acid stimulation operation using advanced techniques previously applied in the nearby Iris well. In a Monday statement, the Ministry…