Day: October 25, 2025

Egypt’s Minister of Health and Population and Deputy Prime Minister, Khaled Abdel Ghaffar, met on Saturday with representatives from the World Health Organization (WHO) to discuss ways to strengthen pharmacovigilance systems and enhance the safety of medicines and vaccines, the ministry said in a statement. Ministry spokesperson Hossam Abdel Ghaffar…

Private sector investments in Egypt grew by 73% during the last fiscal year, Egyptian Finance Minister Ahmed Kouchouk said, adding that the private sector is now leading investment in the country. Speaking at a virtual meeting with investors organised by asset management firm FIM Partners, Kouchouk said the Egyptian economy’s…

After more than two decades of planning and construction, Egypt is preparing to inaugurate the Grand Egyptian Museum – the world’s largest archaeological museum – in an international celebration scheduled for 1 November. The event, expected to draw world leaders and prominent figures, marks a milestone in Cairo’s efforts to…

Egypt’s Minister of Local Development, Manal Awad, and Minister of Agriculture, Alaa El-Din Farouk, on Thursday inaugurated the second edition of the New Valley agricultural exhibition, “EGY AGRI,” a national event reflecting the partnership and efforts to serve the agricultural and development sectors in the governorate. The ministers, along with…

Mohamed El-Shimy, Minister of Public Enterprises Sector, held an extensive meeting on Saturday to review ongoing efforts by state-affiliated companies to align with the European Union’s Carbon Border Adjustment Mechanism (CBAM). The mechanism, designed to reduce industrial greenhouse gas emissions, also aims to safeguard the competitiveness of Egyptian exports in…

Egypt’s Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, met with the Ambassador of Morocco to Cairo, Mohamed Ait Ouali, to discuss ways to strengthen industrial, investment, and transport cooperation between the two countries. At the outset of the meeting, Al-Wazir affirmed that Egyptian-Moroccan…

The Financial Regulatory Authority (FRA) has announced that the total volume of non-bank financing extended by companies and associations operating in the medium, small, and micro enterprise (MSME) sector reached EGP 91.355bn in August 2025, compared to EGP 69.041bn in August 2024—an increase of EGP 22.314bn year-on-year. According to the…

HSBC Egypt announced that its parent company, HSBC Holdings plc (HSBC Group), will undertake a strategic review of its retail banking business in Egypt. This follows the announcement earlier this year of strategic reviews of HSBC’s retail businesses in Australia, Indonesia, Sri Lanka and Bangladesh, and its decision to divest…