Egypt, Jordan step up cooperation to support SMEs, boost trade

Egypt’s Micro, Small and Medium Enterprise Development Agency (MSMEDA) has held a series of meetings with the Jordan Enterprise Development Corporation (JEDCO), bringing together officials from both sides alongside representatives of key ministries and entities, including the General Authority for Investment, the Industrial Development Authority, the Commercial Representation Authority, the…

Cairo adopts dynamic Nile water management to meet rising demand

Egypt’s Minister of Water Resources and Irrigation Hani Sewilam said on Sunday that the country is managing its Nile water resources through a dynamic system based on real-time monitoring and hydrological forecasting to address rising demand during peak periods. In a statement, the ministry said Sewilam made the remarks during…

Egypt moves to close Obour landfill, convert site into green park

Egypt’s Ministry of Local Development and Environment said on Sunday it has begun implementing a plan to close and rehabilitate the Obour landfill east of Cairo, with part of the site set to be transformed into a green park following persistent complaints from residents over pollution. The ministry said waste…

Egypt’s banking sector NFA falls to $27.4bn in February: CBE

The Central Bank of Egypt (CBE) said net foreign assets (NFA) of the banking sector declined by around 7.1% in February 2026 to $27.39bn, down from $29.51bn in January, reflecting pressures linked to commercial banks financing a partial exit of foreign investors from local debt instruments amid the fallout from…