Year: 2025

Egypt is actively pursuing deeper economic integration with African nations through joint infrastructure projects and increased private sector participation, Minister of Planning, Economic Development, and International Cooperation Rania Al-Mashat said on Saturday. Speaking at a meeting with ambassadors from seven African countries, Al-Mashat stated that President Abdel Fattah Al-Sisi has…

  Located just an hour away from Cairo, a new coastal destination is taking shape on Egypt’s Red Sea shoreline. Egyptian-British developer Alarinova is launching Steigenberger Resort Ayalora, Al Sokhna, and has appointed Steigenberger Hotels & Resorts to operate the five-star resort under a hotel management agreement. The destination is…

Minister of Foreign Affairs, Emigration, and Egyptian Expatriates Badr Abdelatty invited Pakistani companies to expand their investments in Egypt, citing the country’s improved investment climate and broad opportunities across priority sectors. These remarks came during the minister’s meeting with heads of chambers of commerce and representatives of Pakistani companies in…

Rabat – Egypt continues to be one of Africa50’s top priority markets, according to Imane Alami, Director of Fund Raising and Investor Relations at the pan-African infrastructure investor and asset manager. Speaking on the sidelines of the Africa Investment Forum, Alami reaffirmed Egypt’s central position within Africa50’s investment strategy, emphasising…

The Ministry of Industry has announced a new package of extensions and facilitations for delayed industrial projects that have exceeded their prescribed implementation timelines. The decision reflects the Ministry’s commitment to supporting manufacturers, enabling stalled yet serious projects to resume operations, and accelerating industrial production. According to the announcement, the…

Africa must dismantle the legacy of colonial infrastructure designed for resource extraction and replace it with networks that foster internal unity, former Egyptian Prime Minister Ibrahim Mahlab said on Saturday. Speaking at the 1st Egyptian-African Economic Conference in Cairo, Mahlab argued that the continent’s fragmentation was a deliberate engineering of…

Africa needs a coordinated “Club of Debtors” to negotiate fair restructuring terms and counter the inflated risk premiums that are strangling the continent’s development, a senior United Nations envoy said on Saturday. Speaking at the 1st Egyptian-African Economic Conference in Cairo, Mahmoud Mohieldin, the UN Special Envoy on Financing the…

Egypt’s Ministry of Local Development announced on Saturday that Minister Manal Awad, who is also serving as acting environment minister, has launched the third edition of the “Climate Leaders” programme, which aims to support youth-driven environmental projects and strengthen women’s participation in climate action. According to the ministry, the launch…