Year: 2026

Egypt’s Industrial Development Authority (IDA) has introduced a new set of streamlined regulations allowing manufacturers to change or add industrial activities within approved industrial zones, in a move aimed at reducing administrative burdens and accelerating licensing procedures. Under the updated framework, factories can change their activity within the same industrial…

Egypt’s Cabinet approved a draft unified Family Law on Wednesday, consolidating five fragmented, century-old legislations into a single 355-article code aimed at reducing domestic disputes and simplifying litigation procedures. Prime Minister Mostafa Madbouly stated the government is completely open to any opinions or amendments proposed by parliament regarding the legislation.…

Egypt’s unemployment rate fell to 6.3% in 2025, down from 6.6% the previous year, supported by effective economic reforms as the country’s workforce expanded to 34.15m, Planning and Economic Development Minister Ahmed Rostom said. The total workforce increased by 6.6% from 32.04m in 2024, indicating the labour market’s capacity to…

Egypt’s Minister of Investment and Foreign Trade, Mohamed Farid, met with South Sudan’s Minister of Investment, Joseph Mum Majak, to advance bilateral cooperation in investment and trade. The talks, attended by Ambassador Kuol Nyok Kuol and a delegation, centered on strengthening collaboration in priority sectors including agriculture, food industries, energy,…

The General Authority for the Suez Canal Economic Zone (SCZONE)) received on Tuesday, April 28, 2026, Chinese Ambassador to Cairo Liao Liqiang, along with the Economic and Commercial Counselor of the Chinese Embassy in Egypt Zhao Liuqing and an accompanying diplomatic delegation, to explore investment opportunities in its ports and…

The Egyptian real estate market is witnessing a new wave of high-profile foreign investment, and Reportage Properties is at the forefront of this momentum. With a proven track record of delivering over 60 projects across more than 20 countries, the company has set its sights on one of Egypt’s most…

Contact Financial Holding SAE (CNFN.CA), today announced that Dr. Manal Hussein Abdel Razek has been appointed Chairperson of its Board of Directors, effective 28 April 2026, succeeding Mr. Hazem Moussa. Dr. Manal brings over three decades of leadership experience across Egypt’s financial services, public, and private sectors. She currently serves…

Egypt’s Minister of Industry, Khaled Hashem, met with Japan’s Ambassador to Egypt, Iwai Fumio, to review current Japanese investments, explore potential expansions, and identify new opportunities across the Egyptian market. The meeting, attended by Assistant Minister for International Cooperation Ahmed Maghawry, underscored the growing strength of bilateral ties, which were…

Egypt aims to increase the mining sector’s contribution to its gross domestic product (GDP) to approximately 6% from less than 1% currently, and will launch a comprehensive aerial geophysical survey for minerals in June, the country’s petroleum and mineral resources minister said. Speaking at the opening of the OECD Critical…