News

Egypt’s Minister of Water Resources and Irrigation, Hani Sewilam, has directed the ministry’s agencies to update preparedness plans for the 2026 peak summer water demand season, stressing the need for full operational readiness of irrigation and drainage systems and the use of modern monitoring technologies to ensure efficiency and service…

The Engineering Export Council of Egypt (EECE) has launched a trade mission to Kuwait, following the conclusion of a successful visit to the Qatari market, as part of its efforts to strengthen Egyptian engineering exports and expand their presence in high-potential regional markets. The mission is headed by Sherif El-Sayyad,…

Egypt’s fresh and processed agricultural exports reached a record $11.5bn in 2025, according to Alaa Farouk, Minister of Agriculture and Land Reclamation, underscoring the sector’s growing contribution to the national economy. Agricultural exports accounted for nearly 24% of Egypt’s total exports, highlighting agriculture’s role as a key driver of economic…

DAVOS, Switzerland, Jan 21 (MENA) – Egypt’s Minister of Planning, Economic Development and International Cooperation Rania Al-Mashat said on Wednesday that climate finance needs in emerging markets are vast, particularly when aligned with global targets for emissions reduction and climate adaptation, calling on governments to prioritize “blended finance” models to…

Prime Minister Mostafa Madbouly asserted his keennness on monitoring the progress of service and development projects in all governorates, particularly in Upper Egypt, aiming to improve the level of services provided to citizens and create a favorable environment for generating new job opportunities. He said that Qena governorate enjoys a…

Minister of Investment and Foreign Trade Hassan El-Khatib said the state has adopted a modern approach to managing its assets, based on comprehensive re-planning and improving efficiency of use to maximise economic returns and generate sustainable added value. El-Khatib made the remarks during a televised interview with the global Bloomberg…

The Egyptian Customs Authority and the National Telecom Regulatory Authority (NTRA) announced that the exceptional customs exemption granted to passengers bringing mobile phones from abroad will end on Wednesday. Exemptions for mobile phones belonging to Egyptians residing abroad and tourists will remain in place for 90 days. The decision comes…

Egypt is targeting a rise in the private sector’s share of total investment to over 70% by 2030, Minister of Planning, Economic Development and International Cooperation Rania Al-Mashat said on Tuesday, following a 5.3% GDP growth rate in the first quarter of fiscal year (FY) 2025/26. The quarterly growth, which…

Housing and Development Properties (HDP), the real estate development arm of the Housing and Development Bank, has announced the launch of its new residential project, Grand Lane, in New Cairo, with total investments estimated at approximately EGP 50 billion. The project is being developed on an area of 98 feddans…