News

Mokhtar Abdel Latif, Chairperson of the Arab Organization for Industrialization (AOI), held talks, on Tuesday, with Jules Banza Mwilambwe, Chief of Staff of the Armed Forces of the Democratic Republic of the Congo, to explore avenues for strengthening cooperation across industrial, defence, and development sectors. The Congolese delegation, which included…

Egypt’s Minister of Water Resources and Irrigation, Hani Sewilam, said on Tuesday that Egypt is working with the United Nations Development Programme (UNDP) to expand climate adaptation projects in the water sector, with a focus on coastal protection and sustainable resource management. In a statement, the Ministry said Sewilam underscored…

Egypt plans to drill more than 100 exploratory wells by 2026 as part of an ambitious strategy to enhance domestic oil and gas production, Petroleum Minister Karim Badawi said on Tuesday. Speaking during a roundtable meeting with members of the American Chamber of Commerce in Cairo (AmCham), chaired by Omar…

Finance Minister Ahmed Kouchouk stated that spending priorities in the state’s general budget for the fourth quarter (Q4) of the current fiscal year 2025/26 have been adjusted in response to ongoing exceptional conditions. In a statement issued on Tuesday, Kouchouk said all state entities are committed to rationalising expenditure, with…

Egypt’s Minister of Industry Khaled Hashem held discussions with a delegation from the American Chamber of Commerce in Egypt, led by Chairperson Omar Mehanna, to explore ways of strengthening trade and industrial cooperation between Egypt and the United States. The meeting forms part of preparations for the chamber’s upcoming “Door…

Alaa Farouk, Minister of Agriculture and Land Reclamation, announced that total financing disbursed under the National Veal Project has reached EGP 10.408bn to date, benefiting 45,575 small-scale breeders and young graduates. The funding has supported the rearing and fattening of 517,580 head of livestock, including calves for meat production and…

Cairo, 7 April 2026 – Madinet Masr (EGX code: MASR.CA) has announced the launch of its new project, Day 2 Night (D2N), marking the company’s first fully integrated commercial complex within Sarai. The project represents a significant milestone in the company’s strategy to enhance its commercial portfolio, enhance the business…

Minister of Investment and Foreign Trade Mohamed Farid Saleh said Egypt and Morocco move towards elevating bilateral relations to strategic investment partnerships based on shared interests. Saleh made the remarks during his meeting on Monday with visiting Moroccan Minister Delegate for Investment, Convergence, and Public Policy Evaluation Karim Zidane. The…

The Egyptian government on Monday launched the fourth phase of the National Initiative for Smart Green Projects (NISGP), as part of ongoing efforts to support the transition to a green economy and strengthen climate action at the local level. The ministries of local development, higher education and planning, alongside the…

Egyptian President Abdel Fattah Al-Sisi on Monday called for sustained efforts to curb inflation and maintain a flexible, unified exchange rate, while ensuring sufficient foreign currency availability to support economic activity. During a meeting with Prime Minister Mostafa Madbouly and Central Bank Governor Hassan Abdalla, Al-Sisi stressed the importance of…