Day: January 17, 2026

Meska AI convened industry leaders, investors, and startups at the “Meska Spark Vol.2” conference on Friday at the Creativa Innovation Hub, urging the creation of a sustainable collaborative ecosystem to advance AI in Egypt. Co-founders Nabil Khalifa and Omar El Monayar emphasized the need for enterprise-ready solutions and broader stakeholder…

Egypt and Bosnia and Herzegovina signed several cooperation agreements on Saturday, including protocols to enhance diplomatic training and bilateral relations, as the two nations move to boost trade and tourism links. The deals were signed following political consultations in Cairo between Egyptian Foreign Minister Badr Abdelatty and his Bosnian counterpart,…

Egypt’s General Authority for Investment and Free Zones (GAFI) held a roundtable meeting with the Hong Kong Trade Development Council (HKTDC) to explore opportunities for strengthening investment partnerships in the textile and ready-made garments sector. The meeting was chaired by Mohamed El-Gousky, Chief Executive Officer of GAFI, and attended by…

Egypt’s economic growth rate exceeded 5% during the first quarter of the current fiscal year, Planning, Economic Development and International Cooperation Minister Rania Al-Mashat said. The announcement followed the disbursement of a €1bn tranche in January 2026 under the European Union’s Macro-Financial Assistance (MFA) programme.5 During a meeting with EU…

Annual urban headline inflation remained stable at around 12.3% in December 2025, virtually unchanged from November, according to the Central Bank of Egypt (CBE). The annual dynamics of headline inflation continue to be driven primarily by non-food prices, as food inflation has fallen back to its pre-2022 levels. Annual food…

Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), said the bank has steadily navigated economic challenges through sustained and disciplined policy efforts. In the CBE’s annual report, Abdalla noted that, at the domestic level, the bank has remained focused on achieving the ultimate objective of monetary policy—price stability.…

CAIRO, Jan 16 (MENA) – The Ministry of Petroleum and Mineral Resources said on Friday that several oil and gas companies operating in Egypt have drilled a number of successful wells in their concession areas in the Western Desert, Eastern Desert and the Nile Delta, including five new exploratory wells.…