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Mohamed Awad, CEO of the General Authority for Investment and Free Zones (GAFI), met with Abdullah Al Suwaidi, Secretary-General of the UAE Investors Council Abroad, in the presence of Manal Abdel Tawab, Minister Plenipotentiary and Head of the Egyptian Commercial Representation Office in the UAE. The meeting reviewed developments in…

Hussein Eissa, Deputy Prime Minister for Economic Affairs, has held a meeting to review the latest developments and preparations for Egypt’s hosting of the third edition of the Global Entrepreneurship Festival 2026, scheduled to take place from 6 to 8 November. The meeting was attended by Baher Mounir Ghabbour, President…

Egypt’s Industry Minister Khaled Hashem has discussed plans by European growing media producer Kekkilä-BVB to establish a factory in Egypt in partnership with local agri-tech company Agri Venture, as the government seeks to expand agricultural manufacturing and water-efficient farming technologies. The proposed facility is planned for the Suez Canal Economic…

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…