Year: 2026

Egypt has updated its Industry Strategy 2030 by identifying five industrial groups, prioritising sectors aimed at increasing exports and integrating into global supply chains, Minister of Industry Khaled Hashem stated. The priority industries were determined based on scientific foundations, comprehensive criteria, and measurable performance indicators, Hashem said. “Without real quality,…

Egypt’s Health Ministry announced on Monday that its “100 Days of Health” campaign has provided nearly 11 million free medical services nationwide since its fourth edition began on August 1, as the government seeks to expand access to healthcare across the country.   The ministry said 10,966,291 services had been delivered during…

Egyptian President Abdel Fattah Al-Sisi has directed the government to prepare a third package of tax relief measures and approved a proposal to introduce tax sukuk aimed at reducing the state’s financing needs and lowering debt-servicing costs, according to the presidency. Al-Sisi reviewed Egypt’s fiscal and economic performance during a…

Egyptian Prime Minister Mostafa Madbouly and Foreign Minister Badr Abdelatty reviewed the progress of internationally backed development projects on Monday, stressing the need for continuous monitoring to ensure they meet their economic and social targets on schedule. During the meeting, the ministers discussed the executive status and procedures for development…

The Ministry of Supply and Internal Trade is set to upgrade its gold stamping and regulatory systems by utilising the latest technologies to tighten market control and protect consumer rights, Minister Sherif Farouq stated. The minister stressed the importance of developing the stamping and inspection system, raising the efficiency of…

The Financial Regulatory Authority (FRA), chaired by Islam Azzam, has issued a decision to reduce by 50% the fees for reviewing and assessing applications to offer sustainability-linked securities, as part of efforts to encourage companies and financial institutions to issue bonds that finance environmental, climate and social development projects in…

Deputy Prime Minister for Economic Affairs Hussein Eissa chaired a meeting with Minister of Finance Ahmed Kouchouk, Minister of Investment and Foreign Trade Mohamed Farid, and Assistant Prime Minister and CEO of the State-Owned Enterprises and Public Offerings Unit Hashem El-Sayed to discuss proposals for reorganising the ownership affiliations of…

Waleid Gamal El-Din, Chairperson of the Suez Canal Economic Zone (SCZONE), attended the groundbreaking ceremony on Monday for a new industrial project by Zhejiang Jiansheng Group Co. Ltd, commercially known as JASAN Group, in the Qantara West Industrial Zone. The project will be developed on a 300,000-square-metre site with total…

Planning and Economic Development Minister Ahmed Rostom affirmed that Egypt’s hosting of the third edition of the “Global Entrepreneurship Festival” reflects its leading regional position in the Middle East and Africa in the entrepreneurship sector. He noted that the government, through the Ministerial Group for Entrepreneurship headed by Deputy Prime…

Europe is bracing for a severe winter diesel shortage as conflicts in the Middle East and Ukraine constrain global supplies and drive up prices, threatening significant regional inflation.   Disruptions in the Strait of Hormuz, damage to Arabian Gulf refineries, and Ukrainian strikes on Russian facilities have restricted regions that…