Day: June 22, 2026

The Financial Regulatory Authority (FRA) has approved the registration of Egy Serv and Egyptian International in the Register of Debt Collection Companies for entities operating in non-bank financial activities. The two firms are the first to be registered under the new framework established by the FRA to regulate debt collection…

Egypt’s total fertility rate fell to 2.34 births per woman at the end of 2025 from 2.54 at the end of 2023, according to data presented at a National Population Council meeting. The country’s crude birth rate also declined to 18.1 births per 1,000 population from 19.5 per 1,000 over…

Nations of Sky, the real estate development arm of the Future of Egypt Authority for Sustainable Development, has announced the full sell-out of the first two phases of its SkyRidge Executives project in Cairo’s Sheraton district, as construction works continue towards completion and delivery. The announcement came during a site…

Egypt has officially launched a presidential initiative to support children living with type 1 diabetes as part of its “100 Million Healthy Lives” programme, aiming to improve care through the use of continuous glucose monitoring technology. Health Minister Khaled Abdel Ghaffar said around 55,000 children in Egypt, from birth to…

Egypt’s Minister of Industry, Khaled Hashem, held talks with South Africa’s Minister of Trade, Industry and Competition, Parks Tau, to explore opportunities for strengthening economic cooperation and advancing industrial integration between the two countries. The meeting was attended by South Africa’s Ambassador to Egypt, Ntsiki Mashimbye, Assistant Minister of Industry…

Norway’s Scatec plans to inject up to $5bn in new investments into Egypt over the next two years, company officials announced. The new investment plan will target strategic sectors, including water desalination powered by renewable energy, green data centres, solar and wind power projects, energy storage systems, and infrastructure supporting…

Egypt’s parliament has granted final approval to the economic and social development plan for the 2026/27 fiscal year (FY), which targets a gross domestic product (GDP) of EGP 24.5trn, Minister of Planning and Economic Development Ahmad Rostom announced. The House of Representatives, chaired by Speaker Hesham Badawi, also passed the…