العربية

Day: April 21, 2026

Military Production Ministry, FEI explore expanded industrial co-operation to boost local manufacturing

Minister of State for Military Production Salah Gomaa held talks with Mohamed El‑Sewedy, President of the Federation of Egyptian Industries (FEI), to explore avenues for strengthening co-operation aimed at advancing local industry and localising manufacturing technologies. The meeting comes in line with presidential directives to deepen domestic manufacturing, enhance national…

Egypt bets on talent as Valeo deepens AI and automotive R&D presence

As global competition intensifies to attract high-value technology investments, Egypt is steadily carving out a position as a regional hub for automotive software and artificial intelligence. This direction was reaffirmed during a recent meeting between Mostafa Madbouly and senior executives from Valeo, highlighting both the government’s priorities and the company’s…

Medical supplies sector seeks procurement price revisions as costs surge

Egypt’s medical supplies sector is preparing to submit a memorandum to Prime Minister Mostafa Madbouly, calling for revisions to government procurement prices in response to sharp increases in production and supply costs. The move follows a series of measures announced by the Egyptian Authority for Unified Procurement aimed at easing…

Egypt raises $6bn from 19 state exit deals amid regional war, PM says

Egypt has raised approximately $6bn through the execution of 19 full and partial state exit deals, achieving 48% of its $12.2bn target under the government’s offering programme up to June 2025, Prime Minister Mostafa Madbouly told parliament on Tuesday. The announcement comes as Egypt navigates the severe economic fallout from…