Month: September 2026

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…

An official source revealed that the Fuel Automatic Pricing Committee (FAPC) will meet during the first week of October to review developments in petroleum product prices and determine new prices. The source said that – prior to making any decision – the committee will examine global oil price trends, international…

The CEO of Egypt’s Micro, Small and Medium Enterprise Development Agency (MSMEDA) Mostafa Hassan held talks on Thursday, September 24, 2026, with a delegation from the Arab Women Investors Union headed by its President, Hoda Galal Yassa. The meeting aims to discuss future cooperation in supporting small businesses, entrepreneurs, young…