Category: News

Egypt and Uzbekistan are seeking to turn their water cooperation agreement into joint projects focused on smart irrigation, artificial intelligence, digital transformation, and climate adaptation, Egypt’s Ministry of Water Resources and Irrigation said. Water Resources and Irrigation Minister Hani Sewilam discussed the plans with Uzbekistan’s Ambassador to Cairo Mansurbek Kilichev,…

Egypt’s trade with BRICS countries rose to $36.7bn in the first half (H1) of 2026, compared with $29.3bn during the same period of 2025, an increase of $7.4bn, according to the Central Agency for Public Mobilisation and Statistics (CAPMAS). The Indian capital hosted the 18th BRICS Leaders’ Summit under the…

Egypt has completed all first-phase projects of the “Decent Life” presidential initiative in Kafr El Sheikh and has commenced second-phase projects, primarily focusing on sanitation in other districts, Prime Minister Mostafa Madbouly announced on Saturday. Speaking in televised remarks at the conclusion of his tour of the Nile Delta governorate,…

The Financial Regulatory Authority (FRA) has issued the second edition of the Egyptian Real Estate Valuation Standards, more than 11 years after the first edition, in a new step aimed at improving the efficiency of non-bank financial markets and enhancing the quality and reliability of valuation work related to economic…

Egypt’s Minister of Civil Aviation Sameh El-Hefny held a series of bilateral meetings with transport and aviation ministers and heads of civil aviation authorities from several Arab and African countries on the sidelines of the second edition of the El Alamein International Airshow (EIAS 2026). The meetings focused on strengthening…

The Financial Regulatory Authority (FRA) has issued two decisions requiring companies and entities operating in consumer finance and medium, small and micro enterprise (MSME) financing to establish real-time connectivity with credit bureau iScore. The move is part of efforts to strengthen oversight of financing procedures, ensure regulatory supervision extends across…

Egypt’s Minister of Industry Khaled Hashem has held an expanded meeting with furniture manufacturers, designers, and producers of industry inputs to discuss the sector’s challenges and requirements and explore ways to develop the industry and strengthen its competitiveness in local and international markets. The meeting was attended by Maha Saleh,…

Minister of Planning and Economic Development Ahmed Rostom said the Egyptian economy has demonstrated exceptional resilience in the face of regional and international challenges, noting that the growth rate rose to 5.1 percent in fiscal year 2025/2026, up from 4.4 percent in the previous fiscal year and exceeding forecasts by…

Gold prices advanced on Thursday, buoyed by a softer US dollar as investors closely await key inflation data out of the United States. Spot gold rose zero point three percent to US$4,412.84 per ounce by 02:34 GMT. Meanwhile, US gold futures for December delivery dipped zero point one percent to…

Egypt has strictly banned the cutting down of trees and ordered a nationwide expansion of its urban greening initiatives, Prime Minister Mostafa Madbouly announced during a cabinet meeting in the New Administrative Capital on Wednesday. Madbouly directed the Ministers of Local Development and Environment to accelerate tree planting along main…