Month: August 2026

Everestview Development has launched Montania Gate, its latest mixed-use development in Sheikh Zayed City, West Cairo. Mohamed Samir El Shennawy, Chairperson of Everestview Development, said the launch is part of the company’s strategy to expand its portfolio in West Cairo. He noted that the company, which was established in 2004,…

Labor Minister Hassan Raddad said on Sunday, August 30, 2026, that the ministry is working to remove obstacles and empower young people to enter the labor market, stressing that training is a top priority aimed at enhancing the skills of Egyptian workers and preparing them for employment in Arab and…

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…