Day: February 17, 2026

Egypt’s Prime Minister Mostafa Madbouly has issued Decree No. 443 of 2026 appointing Hamdy Mahmoud Badawi as Assistant to the Chairperson of the Financial Regulatory Authority (FRA). Badawi brings more than 26 years of experience in criminal investigations and the fight against financial crime. A 1997 graduate of the Police…

Egypt’s Minister of Electricity and Renewable Energy, Mahmoud Esmat, held a high-level meeting with heads of power generation companies to review summer preparedness measures, new operating patterns and efforts to reduce fuel consumption rates ahead of the peak demand season. According to a statement issued by the Ministry of Electricity…

The Financial Regulatory Authority (FRA) has issued a new decision setting out detailed requirements and conditions for licensing futures brokerage activity, marking a further step in completing the legislative and regulatory framework governing Egypt’s derivatives market. The move is aimed at strengthening risk management standards, ensuring the operational readiness of…

Egypt will implement its largest-ever gas drilling programme in the Mediterranean in 2026, Minister of Petroleum and Mineral Resources Karim Badawi said on Tuesday during an inspection of Shell’s new offshore operations. The minister visited the STENA ICEMAX drillship to monitor the start of drilling at the first production well…

The Egypt Healthcare Authority (EHA) has successfully performed the first two transcatheter pulmonary valve implantations (TPVI) under the country’s Universal Health Insurance system at Al-Nasr Specialised Hospital in Port Said, the authority announced in a statement. The procedures, which cost more than EGP 1m each outside of the insurance scheme, were…

Commercial International Bank (CIB) has been named the best bank for sustainable finance in Africa for 2025, an achievement recognised on Tuesday at a ceremony attended by Central Bank of Egypt (CBE) Governor Hassan Abdalla. The event, hosted by the Egyptian Exchange (EGX), was held to honour the bank for…

The Egyptian Organization for Standardization and Quality (EOS), affiliated with Egypt’s Ministry of Industry, has signed a Memorandum of Understanding (MoU) with Tabseer to enhance regional cooperation in conformity assessment, training and environmental sustainability services. EOS Chairperson Khaled Soufi said the agreement is in line with the Ministry’s strategy to…

Egypt’s media leadership agreed on Tuesday to a new coordination framework aimed at enhancing national awareness and combating rumours, following directives from President Abdel Fattah al-Sisi to provide a professional discourse for all segments of society. Minister of State for Information Diaa Rashwan met with Khaled Abdel Aziz, head of…

Egypt’s Health Minister Khaled Abdel Ghaffar has issued a ministerial decree replacing the schedules attached to the country’s anti-drug law, implementing a recent constitutional court ruling on the legality of previous amendments.   The Health Ministry said Decree No. 44 of 2026 follows a Feb. 16 ruling by Egypt’s Supreme…

Egypt is seeking to expand intra-Arab trade and open new marketing horizons for small and medium-sized enterprises (SMEs) through enhanced bilateral cooperation, the head of the country’s SME agency said during a visit by a high-level Sudanese delegation. Basel Rahmi, Chief Executive Officer of the Micro, Small, and Medium Enterprise…