Day: August 31, 2026

Prime Minister Mostafa Madbouly held a meeting at the government headquarters in the New Administrative Capital on Monday to review the final arrangements for an upcoming visit to Egypt by Chinese President Xi Jinping. The meeting was attended by Minister of Foreign Affairs, International Cooperation and Egyptian Expatriates Badr Abdelatty,…

Egypt’s Deputy Prime Minister for Economic Affairs Hussein Issa arrived in the Kyrgyz capital Bishkek on Monday to participate in the 2026 Shanghai Cooperation Organisation (SCO) summit, representing President Abdel Fattah al-Sisi.   Issa was received upon arrival by the Deputy Minister of Foreign Affairs of the Kyrgyz Republic, Sitek…

Egypt’s Ministry of Water Resources and Irrigation plans to expand digital twin technology to major canals across the country following its deployment on the Ismailia Canal, where real-time monitoring, artificial intelligence and drones are being used to improve water distribution. Water Resources and Irrigation Minister Hani Sewilam ordered officials to…

Salah Gombalat, Minister of State for Military Production, is travelling today to Bosnia and Herzegovina to participate in the First Balkan Shield – Defence Industry Expo and Summit 2026, scheduled to take place in Sarajevo from 1-4 September 2026. The visit follows the directives of President Abdel Fattah Al-Sisi to…

Mohamed Farid, Minister of Investment and Foreign Trade, met Qais bin Mohammed Al Yousef, Chairman of Oman’s Public Authority for Special Economic Zones and Free Zones (OPAZ), to discuss strengthening investment and trade cooperation and opportunities for integration between economic, special and free zones in the two countries. The meeting…

BP has started production from the Fayoum 4 well in Egypt’s West Nile Delta, adding new natural gas volumes to the domestic market as the company continues to invest in the region. The well is expected to produce around 80 million standard cubic feet of gas per day (mmscf/d). The…

Chinese company Jieya Egypt is investing $67 million to establish an integrated manufacturing complex for disposable hygiene products in the Sokhna Integrated Zone, part of the Suez Canal Economic Zone (SCZONE). The project will cover 160,000 square metres and is expected to generate around 450 direct jobs, according to an…

Arab African International Bank (AAIB) recorded its highest first-half net profit in five years, reaching $202.8m for the first half of 2026, representing a 27% increase compared with the same period in 2025. The bank stated that it continued to deliver a strong performance during the first half of the…