President Sisi attends Egypt Mining Forum
Egypt’s President Abdel Fattah Sisi attends the fifth Egypt Mining Forum, which kicked off in Cairo on Monday.
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Egypt Economy
Major carriers gradually resume Suez Canal transits
Major shipping lines are gradually restoring services through Egypt’s Suez Canal, with several carriers increasing,…
Egypt’s digital exports reach $7.4bn in 2025
Egypt’s digital exports rose to $7.4 billion in 2025 from $6.9 billion in 2024, while outsourcing services exports…
Egypt’s FRA issues second edition of real estate valuation standards
Egypt’s Financial Regulatory Authority (FRA) has issued on Saturday the second edition of the Egyptian Real Estate…
Egypt to replace faulty electricity meters within 72 hours
Egypt will replace faulty electricity meters within 72 hours and standardise assessment prices across electricity…
Egypt, WFP discuss joint food security plan through 2027
Egypt's Ministry of Supply and Internal Trade and the World Food Programme (WFP) are reviewing a joint action plan…
Egypt’s unemployment falls to 5.8% in Q2 – planning minister
Egypt's unemployment rate fell to 5.8 per cent in the second quarter of 2026 from around 6 per cent in the previous…
Egypt’s financial inclusion rate rises to 79% by June 2026 – CBE
Egypt's financial inclusion rate rose to 79 per cent by the end of June 2026, with 56.4 million adults holding…
Egypt eases industrial land transfer rules, grants relief for stalled projects
Egypt has eased restrictions on transferring and leasing industrial land while granting additional grace periods…
Sisi reviews Egypt’s social protection, subsidy reforms
Egyptian President Abdel Fattah El-Sisi reviewed proposed reforms to the country's social protection and subsidy…
Egypt’s strategic commodity reserves sufficient, some near one year’s supply…
Egypt has sufficient strategic commodity reserves to meet domestic consumption needs for extended periods, with…
Egypt’s Samannoud Textile returns to production after NIB-led restructuring
Egypt's National Investment Bank (NIB) has successfully implemented a comprehensive recovery plan for Samannoud…
Net assets of Egypt’s investment funds rise 14.7% in 3 months – FRA
Net assets of Egypt's investment funds rose 14.7 per cent to 470.9 billion Egyptian pounds by the end of June from…
Egypt’s FRA denies rumours of non-banking finance branch closures
Egypt's Financial Regulatory Authority (FRA) denied reports circulating on social media claiming it had ordered the…
Egypt launches training programme to prepare state-owned firms for public offerings
Egypt's Financial Regulatory Authority (FRA) has launched the country's first national training programme to…
Egypt, BP to add 80 MMcf/d of gas from Mediterranean Fayoum North-4 well
Egypt's petroleum sector, in cooperation with BP, is preparing to bring the Mediterranean Fayoum North-4 well on…
Egypt’s FRA sets up committee to coordinate capital markets tax policy
Egypt's Financial Regulatory Authority (FRA) has established a joint coordination committee with the Egyptian…
Egypt reviews digital transformation plan to protect public funds, improve state…
Egypt's Prime Minister Moustafa Madbouly chaired a meeting on Sunday to review progress on implementing President…
Egypt’s Cabinet approves first phase of 300 strategic bakeries
Egypt's Cabinet approved on Thursday the launch of contracting procedures to build 300 strategic bakeries…
Egypt’s Cabinet approves €37 mln financing package for NWFE power grid project
Egypt's Cabinet has approved a draft presidential decree on financing agreements for the Egypt Electricity Grid…
Egypt’s Cabinet approves draft law to merge agricultural authority into research…
Egypt's Cabinet approved on Thursday a draft law to merge the Egyptian Agricultural Authority (EAA) into the…
Egypt’s Cabinet approves Elsewedy Electric wiring harness factory in Fayoum
Egypt's Cabinet has approved proceeding with contracting procedures with Elsewedy Electric to establish a factory…
Egypt reviews progress of renewable energy projects
Egypt's Prime Minister Moustafa Madbouly reviewed the progress of new and renewable energy projects on Sunday,…
Egypt confirms safe strategic reserves, reviews sugar production plans
Egypt’s Minister of Supply and Internal Trade, Sherif Farouk, confirmed on Sunday that the strategic reserve of…
URGENT: Egypt annual inflation slows to 12.2% in June – CAPMAS
Egypt's annual inflation rate eased to 12.2 per cent in June 2026 from 13.0 per cent in May, while monthly…
Egypt’s Cabinet approves $15 mln garment factory under private free zone scheme
Egypt's Cabinet approved the establishment of a $15 million ready-made garments factory under the private free zone…
Oil prices rise on Tuesday
Oil prices rose more than 1 per cent on Tuesday as uncertainty over a potential US-Iran nuclear deal outweighed the…
Egypt’s non oil private sector contracts in June – PMI
Egypt's non-oil private sector contracted at its fastest pace since January 2023 in June, with the S&P Global…
Egypt’s Sisi reviews industrial strategy through 2030
Egyptian President Abdel Fattah El-Sisi reviewed progress on the implementation of the country's National…
Egypt’s PM reviews preparations for Phase II of Hayat Karima rural development…
Egypt's Prime Minister Moustafa Madbouly reviewed preparations on Sunday for the launch of the second phase of the…
Egypt to roll out 2026/2027 budget prioritising social sectors
Egypt is preparing to implement the state budget for fiscal year 2026/2027 after approval by the House of…
Egypt approves EGP1.061bln profit distribution from five holding companies
Egypt approved additional profit distributions worth 1.061 billion Egyptian pounds across five state-owned holding…
Egypt’s National Investment Bank retains ISO 9001:2015 certification
Egypt's National Investment Bank (NIB) has successfully passed the periodic external audit for the ISO 9001:2015…
NI Capital’s Sahmy 70 fund posts 66.3% return in first year
Egypt's NI Capital said on Sunday its Sahmy 70 fund generated a cumulative return of 66.3 per cent in its first…
Egypt’s FRA finalises framework for short selling on EGX
Egypt’s Financial Regulatory Authority (FRA) is finalising preparations to launch short selling on the Egyptian…
Egypt’s Suez Canal activity grows 23.6% in Q3 2025/26
Egypt’s Suez Canal activity grew 23.6 per cent in the third quarter of fiscal year 2025/26, making it the…
Egypt’s MSMEDA, EGX sign pact to widen SME access to capital markets
Egypt’s Micro, Small, and Medium Enterprise Development Agency (MSMEDA) and the Egyptian Exchange (EGX) signed a…
Egypt’s petroleum sector grows 0.7% in Q3, first rise since FY2023/24
Egypt’s petroleum sector grew 0.7 per cent in the third quarter of fiscal year 2025/26, its first expansion since…
Cyprus’ FMC to invest $20 mln in Egypt gold exploration – ministry
Cyprus-based mining company FMC (formerly SMW Gold Limited) plans to invest $20 million to resume gold and mineral…
Egypt, UAE firms discuss expanding petroleum investments
Egypt's Minister of Petroleum and Mineral Resources, Karim Badawi, discussed on Tuesday plans to expand UAE…