Day: September 30, 2026

Egyptian Prime Minister Mostafa Madbouly directed relevant ministers to increase strategic reserves of essential commodities and petroleum products to ensure long-term supply stability amidst ongoing regional geopolitical challenges.   During the weekly cabinet meeting in the New Administrative Capital on Wednesday, Madbouly also announced preparations for a national conference in…

The Egyptian Drug Authority (EDA) is seeking to strengthen regulatory cooperation with China and expand partnerships in pharmaceutical manufacturing, vaccines, and technology transfer, according to a statement issued by the authority on Wednesday. EDA Chairperson Ali El-Ghamrawy met with Yang Xing, Deputy Commissioner of China’s National Medical Products Administration (NMPA),…

Alaa Farouk, Minister of Agriculture and Land Reclamation, met with members of the board of the Desert Land Development and Reclamation Chamber at the Federation of Egyptian Industries, headed by Amr El-Hefny, to discuss ways to increase private-sector participation in agricultural horizontal expansion projects, review the main challenges facing the…

Ahmed Rostom, Minister of Planning and Economic Development, met with a high-level delegation of executives from Fitch Ratings to review the latest indicators of Egypt’s economic performance and discuss the government’s efforts to advance economic and structural reforms amid ongoing geopolitical and regional challenges. During the meeting, Rostom said the…

Water Resources and Irrigation Minister Hani Sewilam said Egypt relies on the Nile for 98% of its water resources originating outside its borders, calling for cooperation among Nile Basin countries based on international law and principles including no harm, prior notification, consultation and data sharing. Sewilam made the remarks during…

Egypt’sPrime Minister Mostafa Madbouly witnessed the signing of a tripartite framework agreement on Wednesday to settle an EGP 102.75bn historic debt owed to the National Investment Bank (NIB) by the General Organization for Industrial and Mining Projects.   The agreement was signed at the government headquarters in the New Administrative…

Egypt’s minister of investment and foreign trade discussed expansion and investment opportunities with six French and international companies in Paris, aiming to attract capital that adds value to the economy and connects Egyptian production to global value chains.   During the Egyptian-French Business Forum, Minister Mohamed Farid Saleh held talks…

The Egyptian Exchange (EGX) and the Abu Dhabi Securities Exchange (ADX) have signed a strategic memorandum of understanding (MoU) to enhance market integration, develop financial services, and boost international investment flows between Egypt and the United Arab Emirates.   The agreement was signed on the sidelines of the annual conference…