Day: September 26, 2026

The Industrial Modernisation Center (IMC) has signed a cooperation protocol with Corporate Stack Solutions, a company specialising in digital consulting and applications, to support the digital transformation of Egyptian industrial companies, particularly small and medium-sized enterprises (SMEs). The agreement was signed by Ayman Elbayaa, Executive Director of the IMC, and…

Approximately 200,000 specialists are currently working in exporting digital services from Egypt to global markets, Minister of Communications and Information Technology Raafat Hindi said during the opening of the ninth DevOpsDays Cairo 2026 conference.   Addressing the event’s theme, “Sustainable DevOps Methodologies in the Era of Agentic AI,” Hindi stated…

Pandemic preparedness should go beyond preparing to respond when an emergency occurs and instead begin with building resilient health systems capable of maintaining essential services during crises, Egyptian Health Minister Khaled Abdel Ghaffar said. Abdel Ghaffar made the remarks in a recorded opening address to a high-level international dialogue titled…

Banks operating in the Egyptian market recorded net profits of EGP 373.133bn in the first half (H1) of 2026, according to the Central Bank of Egypt (CBE). In a recently issued report, the CBE said banks recorded net interest income of EGP 567.872bn, while net operating income reached around EGP…

Egypt is targeting an economic growth rate of between 5.2% and 5.4% during the upcoming fiscal year, relying on private sector empowerment, an improved investment environment, and the economy’s capacity to create jobs, the minister of planning and economic development said.   Minister Ahmed Rostom announced the targets during a…

Egypt will shortly launch a foreign direct investment (FDI) strategy in partnership with the World Bank targeting 16 priority sectors, marking a structural shift from general promotion to direct investor targeting, Minister of Investment and Foreign Trade Mohamed Farid said.   Addressing 57 correspondents and representatives from 27 international and…

Egypt’s gold and gold jewellery exports declined during the first seven months of 2026, mainly due to stronger domestic demand, regional disruptions affecting air transport, and challenges related to export procedures, according to Ehab Wassef, Head of the Gold and Precious Metals Division at the Federation of Egyptian Industries. Wassef…