News

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…

Egypt’s presidential women’s health initiative has recorded more than 71.3 million visits for screening, follow-up care, and health awareness services since its launch in July 2019, the Ministry of Health and Population announced. Ministry spokesperson Hossam Abdel Ghaffar said the total included approximately 23.5 million first-time visits, 34.1 million periodic…

Egypt is stepping up efforts to attract new Indian industrial investments and expand the presence of Indian companies in its manufacturing sector, with a focus on technology transfer, increasing local content, developing domestic supply chains, and positioning Egypt as a production and export hub for African and Middle Eastern markets.…

Egypt’s Ministry of Housing, Utilities and Urban Communities is continuing to offer a wide range of investment opportunities in new cities through the New Urban Communities Authority’s (NUCA) digital platforms for local and foreign investors, as part of efforts to attract private-sector investment and maximise the utilisation of state-owned assets.…