Day: September 7, 2026

Arady Misr is moving forward with the next phase of Arady Shares, taking its proposed land-investment model from an announced market concept into legal structuring and regulatory preparation ahead of implementation. The latest development follows Arady Misr’s earlier unveiling of Arady Shares and marks the beginning of the work required…

The Engineering Export Council of Egypt (EECE) has launched Egypt’s first dedicated pavilion for home appliances at IFA Berlin 2026, with six Egyptian companies participating as part of efforts to strengthen the presence of Egyptian products in Germany and expand into wider European markets. The Egyptian participation was organised through…

Water Resources and Irrigation Minister Hani Sewilam said on Monday that the Suez Canal irrigation network passed the peak water-demand season without any recorded shortages of irrigation or drinking water, with supplies continuing throughout the summer without interruption. Sewilam made the comments during an inspection of water infrastructure in Suez…

Egypt’s newly introduced facilities for real estate taxpayers have gained significant traction, with taxpayers creating more than 612,000 electronic accounts and filing 490,000 tax declarations through a dedicated mobile application during its first two months, Finance Minister Ahmed Kouchouk said. The submitted declarations covered more than 830,000 property units, including…

Egyptian exports rose by 37.4% year-on-year in June 2026, reaching $5bn, compared with $3.6bn in June 2025, according to the Central Agency for Public Mobilisation and Statistics (CAPMAS). In its monthly bulletin on foreign trade data, issued on Monday, CAPMAS said the increase was mainly driven by higher export values…

Commercial International Bank – Egypt (CIB) has successfully completed the first EGP 1.383bn securitisation issuance for Capital Securitization Company on behalf of the Micro, Small and Medium Enterprises Development Agency (MSMEDA), the bank announced.   The transaction marks the inaugural issuance of a three-year securitisation programme with a total value…

The Financial Regulatory Authority (FRA), chaired by Islam Azzam, has granted four companies approval to conduct a number of non-banking financial activities using financial technology (fintech), through its Committee for Reviewing Applications to Use Financial Technology. The approvals are part of the FRA’s ongoing efforts to expand the beneficiary base…

Egypt’s Planning and Economic Development Minister Ahmed Rostom held a meeting with Vijay Krishnan, Chief Financial Officer of Americana Foods, and Saqib Awan, the group’s General Counsel and Company Secretary, at the start of his visit to the UAE to participate in the 15th AIM Investment Summit. The meeting discussed…

Egypt will continue implementing its government offering programme by selling stakes in state-owned companies to increase private sector participation in the economy, Prime Minister Mostafa Madbouly stated.   The planned stake sales align with the targets of the State Ownership Policy Document and aim to enhance the private sector’s role…