News

Egypt’s Micro, Small and Medium Enterprise Development Agency (MSMEDA) has held a series of meetings with the Jordan Enterprise Development Corporation (JEDCO), bringing together officials from both sides alongside representatives of key ministries and entities, including the General Authority for Investment, the Industrial Development Authority, the Commercial Representation Authority, the…

Egypt’s Minister of Water Resources and Irrigation Hani Sewilam said on Sunday that the country is managing its Nile water resources through a dynamic system based on real-time monitoring and hydrological forecasting to address rising demand during peak periods. In a statement, the ministry said Sewilam made the remarks during…

Egypt’s Ministry of Local Development and Environment said on Sunday it has begun implementing a plan to close and rehabilitate the Obour landfill east of Cairo, with part of the site set to be transformed into a green park following persistent complaints from residents over pollution. The ministry said waste…

Minister of State for Military Production Salah Gomaa has chaired a meeting with the boards of directors of companies and units affiliated with the ministry to review financial performance for the period from January 1 to March 31, 2026, and outline measures to enhance operational efficiency. During the meeting, the…

Gold prices in Egypt posted a sharp increase over the past week, supported by rising global prices and continued fluctuations in the exchange rate of the U.S. dollar against the Egyptian pound. The price of 21-karat gold, the most actively traded in the local market, rose by 4.74% to EGP…

The Suez Canal Economic Zone (SCZONE) has announced the arrival of the vessel MV PAROSHIP at East Port Said Port, marking the largest dry bulk carrier ever to berth at an Egyptian port. The ship arrived on Sunday from Mauritania and docked at the Sky Ports multipurpose terminal, underscoring the…

The Central Bank of Egypt (CBE) said net foreign assets (NFA) of the banking sector declined by around 7.1% in February 2026 to $27.39bn, down from $29.51bn in January, reflecting pressures linked to commercial banks financing a partial exit of foreign investors from local debt instruments amid the fallout from…

Egypt and Morocco on Sunday launched the first session of a joint coordination and follow-up committee, a move officials said establishes a new stage of bilateral relations aimed at achieving full economic integration. Moroccan Prime Minister Aziz Akhannouch arrived at Cairo International Airport on Sunday evening, where he was received…

Egypt Education Platform (EEP) successfully hosted the 6th edition of EEP Run, bringing together participants from across its network of over 12 schools and preschools. Held at District 5, the event continues to grow year after year, reflecting its expanding scale and community impact. Each year, EEP Run is driven…