Month: August 2026

Egypt is showcasing its experience in addressing water scarcity and climate adaptation at the high-level segment of the 17th Conference of the Parties to the United Nations Convention to Combat Desertification (UNCCD COP17) in Ulaanbaatar, Mongolia.   Water Resources and Irrigation Minister Hani Sewilam participated in the opening of the…

The private sector currently accounts for nearly 60% of total investments in Egypt as improving economic indicators drive international risk assessments to their lowest levels since 2014, Finance Minister Ahmed Kouchouk said on Monday.   Briefing Prime Minister Mostafa Madbouly on the ministry’s portfolio, Kouchouk noted that recent state-led economic…

Prime Minister Mostafa Madbouly announced the completion of 23,741 infrastructure projects during the first phase of the “Decent Life” presidential initiative, a massive national scheme aimed at developing rural villages.   During a meeting at the government headquarters in New Alamein City on Monday, Madbouly reviewed the executive steps for…

Egypt currently holds safe levels of foreign exchange reserves capable of securing strategic requirements for basic commodities, Prime Minister Mostafa Madbouly and Central Bank of Egypt (CBE) Governor Hassan Abdalla affirmed on Monday.   During a meeting at the government headquarters in New Alamein City to review priority economic files,…

Transport Minister Kamel El-Wazir has pitched opportunities for US companies to manage and operate key port terminals and establish joint industrial zones in a bid to position Egypt as a regional manufacturing hub for the Middle East and surrounding markets.   El-Wazir presented the investment prospects during talks with US…

القاهرة6  أغسطس 2026 – أدرجت فوربس الشرق الأوسط السيد/ أنكوش أرورا، الرئيس التنفيذي لمجموعة منصور للسيارات، ضمن قائمتها السنوية لأقوى 100 رئيس تنفيذي في الشرق الأوسط لعام 2026،تقديرًا لدوره القيادي في تعزيز نمو المجموعة وترسيخ مكانتها كإحدى أكبر شركات السيارات في المنطقة، من خلال قيادة استراتيجية توسع طموحة عززت حضورها…

Finance Minister Ahmed Kouchouk on Sunday, August 23, 2026, said global investors have renewed their confidence in Egypt’s economic trajectory, with investment risk assessments falling to their lowest level since 2014. “Our economy has started to improve, while the private sector is growing and accounts for 60% of investments,” Kouchouk…

The Central Bank of Egypt (CBE) has approved regulations governing the services of the Digital Financial Identity (DFI) Platform for identifying bank customers and electronically verifying their identities (eKYC), as part of the CBE’s ongoing efforts to support digital transformation and promote financial inclusion. The new regulations align with Egypt’s…

International investors have lowered their assessment of investment risk in Egypt to its lowest level since 2014 in response to recent economic reforms, Finance Minister Ahmed Kouchouk said.   Speaking at an open dialogue with the heads of newly appointed Egyptian diplomatic missions abroad, Kouchouk stated that the country’s economy…

Transport Minister Kamel Al-Wazir said Egypt has successfully forged strategic partnerships with major global port operators, shipping lines and international operators, strengthening the ability of Egyptian ports to attract transshipment trade and enhance their global competitiveness. He also expressed his aspiration to expand cooperation with US companies in the sector.…