Day: October 11, 2026

President Abdel Fattah Al-Sisi said Egypt and Indonesia aim to increase bilateral trade to $5bn by 2030, while expanding joint manufacturing projects and attracting more Indonesian investment to the Egyptian market. Al-Sisi made the remarks following talks with Indonesian President Prabowo Subianto at the Merdeka Presidential Palace in Jakarta during…

The World Bank Group has mobilised nearly $6.7bn in private capital for Egypt since fiscal year (FY) 2022, supporting investments in renewable energy, port infrastructure, affordable housing and entrepreneurship, according to the group. Private capital mobilisation involves attracting funding from private-sector investors to finance development projects, helping bridge the gap…

Semak Pharmaceutical Group plans to double its current investment volume in 2027, with an expansion strategy focused on increasing production capacity, broadening its personal care portfolio and expanding distribution across Egyptian pharmacies. The company’s expansion plans centre on its manufacturing facility, Brand FSC (Brand Pharma), in Fayoum, which spans approximately…

Health and Population Minister Khaled Abdel Ghaffar discussed expanding the use of economic and social research in health policymaking with Germany’s WifOR Institute, focusing on how improved health outcomes affect productivity, labour-force participation and human-capital development. The talks took place on the sidelines of the World Health Summit in Berlin…

Egypt’s exports of chemicals and fertilisers to Saudi Arabia surged 98% year on year to approximately $356m in the first eight months of 2026, up from $180m in the same period last year, making the Kingdom the sector’s sixth-largest export market, according to the Export Council for Chemical Industries and…

Prime Minister Mostafa Madbouly met Ahmed Rostom, Minister of Planning and Economic Development, on Sunday to review the ministry’s key priorities, including the main features of the economic and social development plan for fiscal year 2026/2027, which targets economic growth of 5.4% and total investments of EGP 3.7trn. During the…

Egyptian real estate developer Madinet Masr has launched a new phase of SAFE Investments, its fractional real estate investment platform, offering investors access to selected property opportunities with investments starting at EGP 5,000 per share. The offering recorded strong initial demand, with more than 3,100 investment shares sold on the…

Aqar Exit, a platform specialising in Egypt’s real estate contract assignment market, recorded 35,184 purchase requests in September, while 3,618 new units were listed on the platform, according to its second monthly Real Estate Assignment Market Index report. Average daily purchase requests rose 58% to 1,060, up from 671 in…

Together the Art of Coffee and the Magic of Cinema El Gouna, Egypt – [DATE] – Returning as an official sponsor of El Gouna Film Festival for a second consecutive year, Nespresso once again brings coffee, culture and creativity together at one of the region’s most celebrated cultural events. At…