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Egyptian President Abdel Fattah Al-Sisi reviewed the government’s fiscal policy priorities for the 2026/2027 budget during a meeting on Tuesday with Prime Minister Mostafa Madbouly and Finance Minister Ahmed Kouchouk, according to a presidency statement. The draft budget targets economic growth of 5.4% and a primary surplus of EGP 1.2trn,…

Egyptian authorities have raised preparedness to maximum levels across key sectors following warnings of severe weather expected to hit the country on 25-26 March, bringing heavy thunderstorms, strong winds and lower temperatures. The Egyptian Meteorological Authority warned of widespread instability nationwide, with heavy and at times thunderous rainfall that could…

An end to the Iran war will bring immediate relief to oil and natural gas markets, but it could take months before prices fall back to the levels they stood at before the conflict started. For a start, shipping companies and their insurers will need to feel confident that it…

  Apache Corporation, in cooperation with the Egyptian General Petroleum Corporation (EGPC), has announced a new natural gas discovery in Egypt’s Western Desert following the drilling of the exploratory well named SKAL-1X in the South Kalabsha area, 50 kilometers south of Aswan.  The Ministry of Petroleum said in a statement…

Among Egypt’s premium schools, Uppingham Cairo has quickly emerged as one of the most distinctiveand ambitious educational projects introduced to the country in recent years. Founded as the first international campus of the historic Uppingham School in the United Kingdom, the school brings more than four centuries of British independent…

Egyptian authorities have removed a number of building violations and encroachments on agricultural and state-owned land during the Eid al-Fitr holiday, the Ministry of Local Development and Environment announced on Monday. Minister of Local Development and Environment Manal Awad said the enforcement campaigns were carried out across 21 governorates, with…

Annual urban headline inflation accelerated to 13.4% in February 2026, up from 11.9% in January, driven by a seasonal increase in both food and non-food prices. Annual food inflation rose to 4.6%, while non-food inflation climbed to 19.3%. Food inflation was primarily driven by higher poultry and fresh vegetable prices,…

Egypt has entered a new phase of offshore gas exploration with the arrival of the Valaris DS-12 in its territorial waters, marking the start of a drilling programme targeting four new wells in the Mediterranean Sea. The advanced drillship is set to begin operations with one production well and one…