Day: June 1, 2026

Egypt’s Minister of Finance Ahmed Kouchouk announced that fiscal year 2026/2027 will witness the implementation of a series of tax, customs, and property facilitation packages aimed at easing obligations and reducing burdens on citizens and investors, while supporting economic activity and improving the business environment. In a statement issued on…

Egypt’s Prime Minister Mostafa Madbouly chaired a high-level meeting to review proposals for establishing a global logistics distribution hub within the Suez Canal Economic Zone (SCZONE), as part of Egypt’s strategy to attract foreign direct investment and reinforce its position as a regional and international center for trade, logistics, and…

Egyptian Foreign Minister Badr Abdelatty said on Monday that the partnership between South Korea and Africa could serve as a model for development cooperation based on mutual benefit, calling for broader collaboration in infrastructure, industrialisation, technology transfer, energy, food security, and water security. Abdelatty made the remarks during a ministerial…

Talaat Moustafa Group Holding (TMG Holding) announced that its subsidiary, Talaat Moustafa Company Baghdad, has obtained an investment licence from the Iraqi National Investment Commission (licence No. 2026/515, issued on May 24, 2026) and secured a substantial land bank in southwest Baghdad to develop an integrated mixed-use community, marking a…

Raafat Hindi, Egypt’s Minister of Communications and Information Technology, said the government is targeting outsourcing exports of $6bn this year, up from approximately $5.2bn in 2024, as part of efforts to strengthen Egypt’s position as a global hub for information technology and business services. Hindi added that the ministry is…

Egypt’s Prime Minister Mostafa Madbouly chaired a high-level meeting Monday to review measures aimed at strengthening oversight and enforcement across food production factories nationwide, as part of broader efforts to enhance food safety and protect public health. Madbouly reaffirmed that food safety remains a top government priority, stressing the importance…

The growing momentum behind proposals to establish a unified body to regulate and represent Egypt’s real estate developers could mark a turning point for the sector, according to Savills Egypt, which believes such a framework would strengthen buyer protection, improve market transparency, and enhance investor confidence. Over the past decade,…

Nile Property Expo, in partnership with the British Egyptian Business Association (BEBA), will host London’s largest economic conference dedicated to showcasing investment opportunities in Egypt on 3-4 June 2026, bringing together senior government officials, policymakers, and leading Egyptian and British investors. The event will feature the participation of Minister of…