Day: June 28, 2026

Egypt’s Minister of Water Resources and Irrigation, Hani Sewilam, called for a global partnership on non-conventional water resources and increased financing for water projects in developing countries during a preparatory meeting for the 11th World Water Forum, scheduled to be held in Riyadh in March 2027. According to a ministry…

Egyptian President Abdel Fattah Al-Sisi reviewed plans to expand domestic shipbuilding capabilities and develop the Suez Canal Authority’s maritime fleet, calling for greater localisation of marine vessel manufacturing to meet domestic demand and boost exports. According to a statement from the presidency, Al-Sisi met Suez Canal Authority Chairperson Osama Rabie…

Alaa Farouk, Minister of Agriculture and Land Reclamation, announced that the board of the National Veal Project has approved new financing worth EGP 499.415m for 372 beneficiaries, including small-scale breeders and young graduates, to raise and fatten 7,137 head of livestock. The financing comes within the framework of the presidential…

Ahmed Rostom, Minister of Planning and Economic Development, met with Haythham El Maayergi, Executive Vice President of the African Export-Import Bank (Afreximbank), to discuss advancing bilateral cooperation and supporting Egypt’s entrepreneurship ecosystem. The meeting was attended by Amr El Abd, Adviser to the Prime Minister for Entrepreneurship; Heba Zaki, Director…

Egypt’s Ministry of Water Resources and Irrigation said preliminary water quality tests showed the environmental impact of a barge sinking at the East High Dam Port on Lake Nasser was limited and confined to the immediate area of the incident, while monitoring efforts continue. The ministry said in a statement…

Egyptian diagnostics provider Al Mokhtabar has launched a fully automated Sysmex Blood Science Track haematology line at its central Mega Lab facility, automating 100% of its haematology laboratory processes. The new equipment expands the laboratory’s haematology capacity to over 1,000 tests per hour and guides samples through testing stages with…

Egypt is sharpening its push into the global offshoring market, placing digital freelancers at the centre of a broader strategy to scale cross-border digital services and expand export-driven growth, as competition for digital talent intensifies worldwide. Mahmoud Sofrata, Vice President for Market Development at the Information Technology Industry Development Agency…

Egypt’s cosmetics and personal care market generated more than $900m in revenue in 2025, with projections indicating that it will expand to $1.57bn by 2032, reflecting sustained annual growth of around 7%. The sector’s expansion is being fuelled by Egypt’s young population, rising interest in personal care among male consumers,…

Brevan Development has obtained ministerial approval for its Lake House residential project in Obour City, marking a key regulatory milestone as the company launches the project’s second phase, targeting sales of more than EGP 1bn. Saeed Sakr, CEO of Brevan Development, said the ministerial approval enables the company to move…