Day: April 26, 2026

Egyptian President Abdel Fattah Al-Sisi has approved a comprehensive four-year development plan for Galala City on Egypt’s Red Sea coast, aimed at transforming the area into an integrated hub for tourism, trade, and economic activity. According to the presidency, Al-Sisi reviewed ongoing projects during a meeting with senior military and…

Egypt has lifted an 11 p.m. mandatory closing time for public shops, commercial centres, and restaurants, and will launch a solar energy incentive initiative for homes and factories, the government announced following a crisis management meeting addressing the economic fallout of “US-Israeli-Iranian” military operations. Cabinet spokesman Mohamed El-Homosany confirmed that…

Egypt is intensifying field inspections and expanding digital oversight of healthcare facilities as part of efforts to improve service quality and operational efficiency nationwide, the Ministry of Health said. In a statement, the ministry said Health Minister Khaled Abdel Ghaffar chaired a regular meeting with senior officials to review progress…

Kiwe, the home-grown fintech startup designed around how people use money today, has received final approval from the Central Bank of Egypt (CBE) to launch its application and card in the Egyptian market. The milestone signals the arrival of a new wave of fintech in Egypt; one that is more…

Prime Minister Mostafa Madbouly chaired a high-level meeting on Sunday to review executive plans for developing the Sinai Peninsula and boosting investment inflows, as part of the government’s broader strategy to achieve balanced urban growth and strengthen the national economy. The meeting brought together Minister of Water Resources and Irrigation…

Rasha Abdel Aal, head of the Egyptian Tax Authority (ETA), announced that the validity of value-added tax (VAT) registration certificates has been extended until 30 June 2026. The decision reflects ongoing coordination between the tax and customs authorities, in line with directives from Finance Minister Ahmed Kouchouk, aimed at facilitating…

Al Ismaelia for Real Estate Investment has secured financing from the European Bank for Reconstruction and Development (EBRD) to accelerate its environmental, social, and governance (ESG)-led redevelopment of heritage assets across Downtown Cairo. The agreement was signed at Mazeej Balad by Karim Shafei, Chairperson of Al Ismaelia, and Jean-Marc Peterschmitt,…

In the heart of Washington, where global policies are shaped, alliances forged, and strategic interests converge, Egypt faces a complex challenge: how to reassert itself as a central and indispensable partner to the United States in a region undergoing profound transformation. This is no longer a theoretical question confined to…

Chairman of the American Chamber of Commerce in Egypt and head of the mission Omar Mehanna said that measures taken by the Egyptian government to mitigate the negative impacts of regional tensions, including the wars in Gaza and tensions involving Iran, were met with appreciation and praise by US officials.…