Month: July 2026

The Africa Energy Forum (AEF), the continent’s longest-running investor gathering, founded in 1999, held its latest edition in Cape Town from 16 to 19 June. The event had originally been scheduled to take place in Dubai before being relocated due to the conflict in the Middle East. On the sidelines,…

Prime Minister Mostafa Madbouly reaffirmed the government’s appreciation for the World Bank Group’s role in supporting the country’s development agenda, expressing hope for deeper cooperation to advance sustainable development goals, strengthen economic resilience and promote more inclusive growth. During talks on Tuesday, July 14, 2026, with World Bank Managing Director…

Turkish firm Ukinox manufacturing company has signed a $14m contract to establish a stainless steel products plant in the Sokhna Industrial Zone, aiming to produce 1.2 million kitchen sinks annually. The contract was signed at the headquarters of the General Authority of the Suez Canal Economic Zone (SCZone) in the…

Yahia Aboul Fotouh, Chief Executive Officer of Housing and Development Bank (HDB), said the banking sector views investment in education as a cornerstone of sustainable development and human capital formation, stressing that financing education is a long-term investment that supports economic growth. Speaking at the opening session of the fifth…

Egypt’s Ministry of Finance is advancing plans to establish 800 schools through public-private partnerships (PPPs), while preparing to launch 30 technical schools with European accreditation that will enable graduates to work directly in European labour markets, according to Atter Hanoura, Head of the Central PPP Unit at the Ministry of…

The Financial Regulatory Authority (FRA) has released its quarterly performance report on precious metals investment funds, highlighting continued growth in gold and silver funds through 25 June 2026, driven by a rising investor base and expanding product offerings. According to the report, the combined net assets of gold and silver…

Egypt and Pakistan have agreed to establish a joint periodic cooperation platform between their planning ministries to exchange development visions and expertise, following a proposal by Islamabad during talks in New York. Egyptian Minister of Planning and Economic Development Ahmed Rostam welcomed the proposal from his Pakistani counterpart, Minister of…

Misr Abu Dhabi for Real Estate Investments (MAD), a real estate investment, asset management, and asset transformation company, has unveiled its growth and expansion strategy, focused on unlocking value across a diversified portfolio of real estate assets. During a press conference, the company announced plans to develop an integrated hospitality…