Day: August 26, 2025

Egypt’s Ministry of Health announced on Tuesday the closure of 16 private addiction treatment and psychiatric facilities in Cairo’s Mokattam district after inspectors uncovered serious violations posing risks to patients’ safety. The move followed joint inspection campaigns conducted in coordination with the Interior Ministry’s anti-narcotics department, the National Council for…

Egyptian Prime Minister Mostafa Madbouly met on Tuesday with the new chairperson of the Egyptian Exchange (EGX), Islam Azzam, on his first day in office, reaffirming the government’s full support for developing the country’s capital market. The meeting, which was also attended by Finance Minister Ahmed Kouchouk and the chairperson…

The Central Bank of Egypt (CBE) announced on Tuesday that remittances from Egyptians working abroad hit an unprecedented $36.5bn in the fiscal year 2024/25, up from $21.9bn in 2023/24 — a surge of 66.2%. The CBE noted that inflows rose strongly in the final quarter of FY2024/25 (April–June), climbing 34.2%…

The trade exchange between Egypt and the United Arab Emirates (UAE) rose to $4.8bn in the first half (H1) of 2025, compared with $2.7bn in the same period of 2024, marking a 77.7% increase, the Central Agency for Public Mobilisation and Statistics (CAPMAS) announced on Tuesday. The release coincided with…

Egypt’s Minister of Water Resources and Irrigation, Hani Sewilam, reaffirmed on Tuesday his country’s commitment to supporting the African Water Facility (AWF) during Egypt’s two-year chairmanship of the organisation, which began in April 2025. Sewilam also serves as Chair of the AWF Governing Board. The announcement came during his meeting…

Egyptian Prime Minister Mostafa Madbouly on Tuesday reviewed the country’s plans for digital transformation and efforts to attract more investment into the information and communications technology (ICT) sector. Madbouly met with Minister of Planning and International Cooperation, Rania Al-Mashat, and Minister of Communications and Information Technology, Amr Talaat, at the…

Rasha Abdel Aal, Head of the Egyptian Tax Authority (ETA), announced on Tuesday the launch of the second edition of the taxpayer services guide. The initiative comes in line with Finance Minister Ahmed Kouchouk’s directives to accelerate the digitalisation of tax procedures and services. Abdel Aal explained that the updated…

Egypt will launch a trade mission to Ghana from 25 to 30 August 2025, bringing together 14 companies from the Chemical and Fertilizers Export Council to explore investment opportunities and deepen bilateral economic ties. The mission is organised under the auspices of Egypt’s Ministry of Investment and Foreign Trade and…

Egyptian Prime Minister Mostafa Madbouly on Tuesday reviewed the status of the “Housing for All Egyptians” initiative and a new housing project for Egyptians living abroad, his office said in a statement. During a meeting with Housing Minister Sherif El-Sherbiny, the prime minister followed up on the current projects being…