News

Egypt will shortly launch a foreign direct investment (FDI) strategy in partnership with the World Bank targeting 16 priority sectors, marking a structural shift from general promotion to direct investor targeting, Minister of Investment and Foreign Trade Mohamed Farid said.   Addressing 57 correspondents and representatives from 27 international and…

Egypt’s gold and gold jewellery exports declined during the first seven months of 2026, mainly due to stronger domestic demand, regional disruptions affecting air transport, and challenges related to export procedures, according to Ehab Wassef, Head of the Gold and Precious Metals Division at the Federation of Egyptian Industries. Wassef…

An official source revealed that the Fuel Automatic Pricing Committee (FAPC) will meet during the first week of October to review developments in petroleum product prices and determine new prices. The source said that – prior to making any decision – the committee will examine global oil price trends, international…

The CEO of Egypt’s Micro, Small and Medium Enterprise Development Agency (MSMEDA) Mostafa Hassan held talks on Thursday, September 24, 2026, with a delegation from the Arab Women Investors Union headed by its President, Hoda Galal Yassa. The meeting aims to discuss future cooperation in supporting small businesses, entrepreneurs, young…

Head of the Egyptian Tax Authority Rasha Abdel Aal stressed the importance of tax cooperation among BRICS countries and the opportunities it provides for exchanging expertise and benefiting from successful experiences and practices among member states. At the conclusion of a three-day meeting of tax authorities and administrations of BRICS…

mylo, the fintech arm of B.TECH Group, has partnered with AXA Egypt to introduce a group credit life insurance program for eligible customers, providing coverage for outstanding financing balances in unforeseen circumstances such as death or permanent total disability, subject to the agreed terms and coverage limits. Offered at no…