Category: News

Minister of Industry Khaled Hashem held an expanded meeting with the Egyptian Private Equity and Venture Capital Association (EPEA), chaired by Ayman Soliman, to explore avenues for cooperation in industrial investment and mechanisms to mobilise private capital into the manufacturing sector. The meeting was attended by Mohamed Samy, Assistant Minister…

Egyptian President Abdel Fattah Al-Sisi, Cypriot President Nikos Christodoulides, and Greek Prime Minister Kyriakos Mitsotakis convened for a trilateral summit in Alamein on Tuesday, focusing on deepening energy cooperation, strengthening regional security, and addressing escalating conflicts in the Middle East.   In a joint declaration concluding the summit, the three…

Japanese trading group Toyota Tsusho discussed expanding its investments in renewable energy and automotive manufacturing and assembly in Egypt, as Cairo seeks to attract more Japanese companies and establish a Japanese industrial zone in the Suez Canal Economic Zone (SCZONE). Foreign Minister Badr Abdelatty met Toyota Tsusho Chief Executive Toshimitsu…

The Central Bank of Egypt (CBE) announced that total international reserves rose to US$ 57.214 billion at the end of August 2026, compared to $ 56.293 billion at the end of the preceding month of July. Foreign currency reserves increased by $921 million during August 2026, representing a monthly growth…

As the expiration deadline for old lease contracts approaches for legal entities, interest amongst landlords and tenants alike has risen regarding when exactly these contracts will expire.    The Decisive Date Old lease contracts are subject to the provisions of Law #10 of 2022, which regulates the rental relationship for…

Arady Misr is moving forward with the next phase of Arady Shares, taking its proposed land-investment model from an announced market concept into legal structuring and regulatory preparation ahead of implementation. The latest development follows Arady Misr’s earlier unveiling of Arady Shares and marks the beginning of the work required…

The Engineering Export Council of Egypt (EECE) has launched Egypt’s first dedicated pavilion for home appliances at IFA Berlin 2026, with six Egyptian companies participating as part of efforts to strengthen the presence of Egyptian products in Germany and expand into wider European markets. The Egyptian participation was organised through…

Water Resources and Irrigation Minister Hani Sewilam said on Monday that the Suez Canal irrigation network passed the peak water-demand season without any recorded shortages of irrigation or drinking water, with supplies continuing throughout the summer without interruption. Sewilam made the comments during an inspection of water infrastructure in Suez…

Egypt’s newly introduced facilities for real estate taxpayers have gained significant traction, with taxpayers creating more than 612,000 electronic accounts and filing 490,000 tax declarations through a dedicated mobile application during its first two months, Finance Minister Ahmed Kouchouk said. The submitted declarations covered more than 830,000 property units, including…