Day: February 15, 2026

Bassel Rahmy, Chief Executive of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), announced that 40 companies have applied for the Agency’s classification certificate dedicated to innovative start-ups, enabling them to benefit from a wide range of government services, incentives and supportive legislation. Rahmy said the move reflects growing…

HSBC Egypt, in collaboration with the Hong Kong Trade Development Council (HKTDC), hosted the Hong Kong Garment and Textiles Business Mission at its Cairo headquarters, bringing together 12 leading Hong Kong apparel and textile companies to explore investment prospects in Egypt. The event aimed to strengthen trade and investment flows…

Minister of Transport Kamel Al-Wazir conducted an inspection tour of ongoing works to upgrade the International Coastal Road between Damietta (Furniture City) and Baltim, passing through Gamasa and New Mansoura, over a total length of 64 kilometres. The visit comes as part of the Ministry of Transport’s broader plan to…

Egypt has mandated that non-banking financial institutions with capital exceeding EGP 100m must measure their carbon footprints and offset 20% of their annual emissions through the purchase of carbon credits, Minister of Investment and Foreign Trade Mohamed Farid said on Sunday. Speaking at the International Finance Corporation (IFC) “Innovation for Resilience –…

Egyptian President Abdel Fattah Al-Sisi reviewed the government’s preparations to secure electricity supplies during the upcoming summer season, as peak demand on the national grid is forecast to rise by 6-7%. The review took place during a meeting with Prime Minister Mostafa Madbouly and Minister of Electricity and Renewable Energy…

Egypt will bring forward the payment of government salaries for the next two months to ease financial pressures on households during Ramadan and Eid al-Fitr, Prime Minister Mostafa Madbouly announced on Sunday. Speaking at a press conference at the government headquarters in the New Administrative Capital, Madbouly said the decision…

Egypt has launched a new social protection package worth EGP 40.3bn to support low-income and vulnerable households ahead of Ramadan and Eid al-Fitr, Finance Minister Ahmed Kouchouk announced during a press conference on Sunday. The initiative is being implemented under directives from President Abdel Fattah Al-Sisi and aims to provide…

One of One has announced a cultural partnership with iRead, a platform dedicated to promoting reading and knowledge across the Arab region. The collaboration aims to foster reading habits, improve focus and critical thinking in an era dominated by digital distractions, and create opportunities for dialogue and cultural engagement. The…