Day: September 29, 2026

Egypt’s target of increasing annual textile and garment exports to $20bn by 2030 remains achievable, but reaching it will require a new strategy focused on accelerating export growth and integrating more Egyptian companies into global value and supply chains, said Mahmoud Ghazal, Member of the Textile Industries Chamber and Chairperson…

Innovo Build and Redcon Construction have formed a strategic alliance to execute infrastructure and contracting works for the DP03 East package at the Wadi Yam project in Ras El Hekma on Egypt’s North Coast, with the contract valued at more than EGP 12bn. The alliance secured the contract through a…

ORA Iraq has signed a contract with CRC Dorra for the construction works of Phase One of Madinat Al Ward, in the presence of ORA Chairperson Naguib Sawiris and Dorra Group Vice Chairperson Mohamed Dorra. The agreement marks a further step in the development of the project and reflects ORA’s…

Tarek El-Kholy, Deputy Governor of the Central Bank of Egypt (CBE), said bank financing directed to small enterprises has reached around EGP 301bn, while bank and non-bank financing for microenterprises has exceeded EGP 107bn. Of this amount, around EGP 33bn represents direct financing from banks, while approximately EGP 66.5bn is…

Egypt is working to develop integrated value chains across its mining sector, linking mineral extraction with processing, refining, and mineral-based manufacturing to increase the added value of its natural resources and support industrial growth, Minister of Industry Khaled Hashem said. Speaking at a panel titled “Aligning Mineral Resource Development with…

Chairperson of The Marketing House, Mai El-Nahrawy, said that the company is ‎organizing the International Conference on Infertility and In Vitro Fertilization (IVF), which ‎will be hosted by Alexandria on Thursday, October 1, in cooperation with the Mediterranean ‎Society, marking the conference’s return to Egypt after an absence of nearly…

The Strategic Co plans to sell between 10,000 and 15,000 sqm of exhibition space across its events in 2027, as part of a plan to organise four exhibitions next year, up from one in 2025 and two in 2026. The 2027 lineup will include two editions of Launchpad Expo, alongside…

Water Resources and Irrigation Minister Hani Sewilam joined the opening of the Euro-Mediterranean Water Forum 2026 in Rome on Tuesday, where policymakers and experts are discussing desalination, water reuse, and non-conventional water resources as part of efforts to address growing water scarcity and climate pressures across the region. The forum…

Egyptian Health Minister Khaled Abdel Ghaffar and Uganda’s Minister of State for Primary Health Care Charles Ayume discussed expanding Egyptian pharmaceutical and vaccine exports to the Ugandan market, exploring joint investment in vaccine and drug manufacturing, and reviving cooperation to combat hepatitis C in Uganda. The Health Ministry said the…

Islam Azzam, Chairperson of the Financial Regulatory Authority (FRA), has issued a decision introducing a comprehensive update to the rules governing the underwriting and pricing of credit and guarantee insurance policies. The new rules aim to strengthen underwriting, pricing, reinsurance, and risk-management practices in the insurance sector, while ensuring greater…