MP slams Madbouly’s government over soaring prices

The Deputy Chairman of the Planning and Budget Committee in the House of Representatives and head of the Justice Party, MP Abdel Moneim Imam criticized the government during Monday’s plenary session of the House of Representatives, which discussed the draft law concerning periodic allowance. He announced his rejection of the…

Egypt, Switzerland sign $1.7m grant for e-waste recycling project

Egypt and Switzerland have signed a 1.4m Swiss franc ($1.7m) grant agreement to launch a project aimed at building a national system for the sustainable management of electronic waste, supporting the country’s transition to a circular economy and expanding green industries.   The agreement was signed by Egypt’s Minister of Local Development…

Planning minister chairs National Investment Bank committee meeting

Ahmed Rostom, Minister of Planning and Economic Development and Chairperson of the National Investment Bank (NIB), chaired a meeting of the bank’s Investment Committee. The committee reviewed NIB’s investment portfolio, including its holdings across institutions listed on the capital market, and discussed a comprehensive plan to maximize the value of…

Standard government contracts, tender documents finalised: Finance minister

Ahmed Kouchouk, Minister of Finance, announced that the government has completed the preparation of all standard procurement documents, including model contracts, tender documents and technical specifications, which will become mandatory for use in all contracts concluded by public entities. The minister said that the new standardised procurement framework gives priority…

AOI medical subsidiary secures international ISO certification to boost local manufacturing, exports

The Arab Organization for Industrialization (AOI) announced that its subsidiary, the Arab African Medical Industries Company, has obtained the internationally recognized ISO 13485:2016 certification for medical device quality management systems, marking a significant milestone in Egypt’s efforts to localize advanced medical manufacturing and expand exports under the “Made in Egypt”…