Year: 2025

Egypt’s Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, inaugurated a new solar power plant in Omar Jagaa village in Djibouti’s Arta region, marking a further step in strengthening bilateral cooperation between the two countries. The inauguration ceremony was attended by Djibouti’s Minister of…

The Egyptian Countryside Development Company has announced the launch of a major project to construct extra-high-voltage and high-voltage power stations and feeder lines, in coordination with the Egyptian Electricity Transmission Company, an affiliate of the Ministry of Electricity and Renewable Energy. The move represents a new step in supporting efforts…

In a room filled with the nation’s newly designated military attachés, the talk was not of ballistics or borders, but of textiles, tech hubs, and the price of global trade. Dr. Rania Al-Mashat, Egypt’s Minister of Planning, Economic Development and International Cooperation, stood before the officers with a directive that…

United Bank has risen to become the seventh-largest provider of mortgage finance under the low-income housing initiative, with a portfolio worth EGP 2.459bn, according to data released by the Social Housing and Mortgage Finance Fund as at the end of November 2025. The portfolio represents a 2.8% share of total…

Successful investment is what allows you to sleep peacefully, knowing your money is safe, while real returns are what you actually feel in your pocket when buying your daily needs. As 2026 approaches, many people are asking how they can preserve the value of their savings after the expiry of…

The book “Strategic Balance: Features of Egyptian Foreign Policy over Ten Years”, published by the Ministry of Foreign Affairs, dedicates a major chapter to Egypt’s relations with Europe, titled “From Neighborhood to Strategic Partnership: Egypt’s Policy Towards the European Continent.” The publication emphasizes that Egypt’s foreign policy in the New…

Egyptian businessman Hassan Heikal on Thursday proposed a “grand swap” as a solution to Egypt’s domestic debt woes. He explained that this solution involves transferring state investments to the sovereign wealth fund, with the state owning approximately 70 percent of it. Half of this stake would then be offered to…

CAIRO, Dec 24 (MENA) – Prime Minister Mostafa Madbouly said Egypt had begun a downward path in its debt indicators, noting that public debt had fallen to about 84 percent of GDP from 96 percent two years ago, and that the government was working to reduce it to levels not…

Madinet Masr has signed a memorandum of understanding (MoU) with Forward Contractors to execute construction works worth EGP 1.45bn at Sarai, the company’s mixed-use development in East Cairo. The partnership forms part of Madinet Masr’s growth strategy to expand its residential offerings, develop its land portfolio and accelerate project delivery…

Egypt’s engineering exports maintained strong momentum in 2025, reaching a record $5.93bn during the first 11 months of the year—the highest level ever recorded—according to the Engineering Export Council of Egypt (EEC). The council said engineering exports grew by 13.9% year-on-year between January and November 2025, up from $5.20bn during…