Day: June 9, 2026

Egypt’s Minister of Planning and Economic Development, Ahmed Rostom, said the government is targeting economic growth of between 4.8% and 5.2% in fiscal year 2026/27, adopting a cautious approach amid ongoing regional instability and global economic uncertainty, while laying the groundwork for growth to accelerate to between 6.2% and 6.8%…

Egypt’s Minister of Water Resources and Irrigation, Hani Sewilam, held talks with World Bank officials on strengthening cooperation in water management, climate adaptation, and sustainable development, as the country continues to face mounting pressure on its limited water resources. According to a ministry statement, Sewilam met with Meskerem Brhane, the…

The Gold and Precious Metals Division of the Federation of Egyptian Industries (FEI) has announced the formation of a specialised export committee as part of efforts to support the government’s strategy of boosting industrial exports and expanding the international presence of Egyptian products. The committee, chaired by Division Head Ehab…

Egypt’s Minister of Petroleum and Mineral Resources, Karim Badawi, held talks with Syria’s Minister of Energy, Mohammad Al-Bashir, during a visit to the United States, exploring opportunities to expand bilateral cooperation in the oil and gas sector and support the recovery of Syria’s energy industry. The discussions reflected the longstanding…

Egypt’s Minister of Agriculture and Land Reclamation, Alaa Farouk, met with Meskerem Brhane, the World Bank’s Regional Director for Sustainable Development for the Middle East and North Africa, Afghanistan, and Pakistan, to discuss ways to strengthen cooperation in support of food security, sustainable agriculture, and rural development. The Tuesday meeting…

Egypt’s Minister of Industry, Khaled Hashem, met with senior executives from China National Tire & Rubber Corporation (CNTR), led by Chairperson Wang Jianjun, to discuss the company’s expansion plans in Egypt, including a major new manufacturing project in Alexandria valued at $550m. The meeting was attended by Omar Mehanna, Chairperson…

Egypt’s Prime Minister Mostafa Madbouly convened a meeting on Tuesday to review the progress of service and development projects in New Valley Governorate, as part of the government’s ongoing efforts to accelerate project implementation and improve public services nationwide. The meeting was attended by Manal Awad, Minister of Local Development…

Egypt is targeting an increase in annual exports from $48bn to $100bn by 2030 through a new strategy that includes launching an integrated digital B2B platform to connect local manufacturers and integrate them into global supply chains, the Minister of Industry announced. Speaking at the monthly gathering of the American…

Cairo – June, 2026 – Oriental Weavers, the world’s leading manufacturer of woven carpets, celebrated 650 employees who have dedicated 30 years of service, commitment, and contribution to the Group at its Pioneers Medal ceremony. The celebration recognized an exceptional journey of loyalty and belonging that has played a vital…