Day: August 29, 2026

Egypt’s Ministry of Agriculture and Land Reclamation issued 907 operating licenses for livestock, poultry, feed, and dairy collection projects in August, whilst approving EGP 59.850m in new financing for the National Veal Project.   The figures were detailed in an official August report submitted to Minister of Agriculture Alaa Farouk…

Egyptian Minister of Electricity and Renewable Energy Mahmoud Esmat and the CEO of the UAE’s Abu Dhabi Future Energy Company (Masdar), Mohamed Jameel Al Ramahi, reviewed the progress of large-scale wind, solar, and battery storage projects as Egypt aims to increase its renewable energy share to 45% by 2028.  …

Egypt plans to roll out an electronic licensing system for groundwater wells nationwide as it seeks to strengthen oversight of groundwater use and encourage modern irrigation and solar-powered pumping, the Ministry of Water Resources and Irrigation said. Water Resources and Irrigation Minister Hani Sewilam issued the directives during a meeting…

Egypt’s Ministry of Social Solidarity has launched the first phase of an integrated digital services system to automate applications and procedures for alternative foster families and care institutions, in cooperation with the Ministry of Communications and Information Technology.   The system, accessible via the social care services platform on the…

Egypt is considering expanding renewable energy applications, particularly solar power, and integrating energy-efficiency technologies into the agricultural, industrial and service sectors as part of efforts to reduce energy consumption and emissions, the Ministry of Local Development and Environment said. Government officials and representatives of civil society, the private sector, universities…

Egypt’s Ministry of Agriculture and Land Reclamation and the Ministry of Petroleum and Mineral Resources categorically denied a news agency report claiming a reduction in subsidised fertiliser quotas, affirming that the annual allocation remains unchanged at 2.4m tonnes.   The ministries stated that reports suggesting a quota reduction starting in…

GRANITE Financial Holding and Tarmiiz Information Technology have joined Egypt’s Financial Regulatory Authority (FRA) Regulatory Sandbox to test a model for tokenizing money market fund assets, marking an early step toward exploring blockchain technology in Egypt’s asset management sector. The initiative will examine the regulatory and operational requirements for applying…

The Financial Regulatory Authority (FRA) has issued a decision amending provisions of Decision No. 69 of 2025 governing the professional rules and standards for registering and conducting insurance and reinsurance brokerage activities. The decision abolishes the requirement for insurance and reinsurance brokerage companies to open at least two branches within…

Ahmed Kouchouk, Minister of Finance, said citizens are showing notable interest in using the real estate transaction tax mobile application to benefit from new incentives and digital facilities. He said the Ministry continues to develop tax services and simplify procedures for citizens to save time and effort and improve service…