Egypt extends single-use plastics circular economy project to 2027

Egypt has extended its project promoting circular economy practices in the single-use plastics value chain by one year, pushing its completion to 2027 instead of 2026. The extension comes as part of national efforts to curb plastic pollution and accelerate the transition toward sustainable production and consumption models. Local Development…

Egypt’s Cabinet approves new universities, church legalisations

Egypt’s cabinet on Tuesday approved the establishment of new private and international universities, the legalisation of 160 churches and affiliated buildings, and a new draft law on competition and the prevention of monopolistic practices. In its weekly meeting, chaired by Prime Minister Mostafa Madbouly, the cabinet approved a presidential decree…

Malawi explores Egypt’s experience in free zone management

The General Authority for Investment and Free Zones (GAFI) hosted a delegation from the Malawi Investment and Trade Centre to learn from Egypt’s experience in managing free and investment zones. The visit took place within the framework of cooperation between GAFI and the World Association of Investment Promotion Agencies (WAIPA),…

Egypt targets 20–30% growth in FDI to reach $12bn in 2025: Minister

Minister of Investment and Foreign Trade Hassan El-Khatib announced that Egypt aims to increase foreign direct investment (FDI) inflows by 20–30% this year, targeting around $12bn by the end of 2025. El-Khatib said Egypt’s annual FDI inflows currently range between $8bn and $10bn, noting that the present period represents a…

Canadian ambassador to Egypt leads 4-day mission to Alexandria

The Canadian ambassador to Egypt is leading a four-day mission to Alexandria, reviving a tradition of “symbolically moving the embassy” to the coastal city for a few days and hosting the first “Iskandarani Canada Day,” the embassy announced. Ambassador Ulric Shannon and the embassy team will engage with partners and…