Egypt Rejects Allegations of Red Sea Access Trade-Off with Ethiopia for GERD Flexibility
An official source, cited by the Middle East News Agency (MENA), has categorically denied reports claiming that Egypt is prepared to grant Ethiopia maritime access to the Red Sea in…
Health Minister inaugurates WSO-accredited comprehensive stroke unit in New Capital
Khaled Abdel Ghaffar, Egypt’s Minister of Health and Population, on Tuesday inaugurated a comprehensive stroke unit at the New Administrative Capital Hospital, as part of the government’s broader efforts to…
SCZONE attracts $15bn in investments, 70% foreign: Chairperson
Walid Gamal El-Din, Chairperson of the Suez Canal Economic Zone (SCZONE), said the authority has attracted investments estimated at approximately $15bn, of which 70% are foreign and 30% domestic, with…
CBE Governor, Planning Minister review coordination of monetary, economic policies
Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), has met with Ahmed Rostom, Minister of Planning and Economic Development, to discuss strengthening coordination between monetary and economic policies…
Egypt targets 71m meals, 5.5m food boxes in Ramadan social protection drive
Egypt aims to provide more than 71 million hot meals and distribute over 5.5 million food boxes to vulnerable families nationwide during the month of Ramadan, Prime Minister Mostafa Madbouly…
EDAFA targets $10m investment in Egypt’s startup ecosystem in 2026
Saudi-Egyptian venture capital firm EDAFA is targeting $10m in investments in Egyptian startups in 2026, as it continues to expand its footprint across the MENA region and strengthen its engagement…
Egypt completes 42 sanitary landfills under national solid waste overhaul
Egypt has completed 42 of 46 planned sanitary landfills as part of its nationwide reform of the municipal solid waste management system, Minister of Local Development and Environment Manal Awad…
Eni’s new Sinai well begins crude production at 1,500 barrels per day
The "Belayim offshore 133" well has commenced crude oil production in the Sinai fields at an initial rate of 1,500 barrels per day, the Ministry of Petroleum and Mineral Resources…
Norway’s Scatec to boost renewable energy investments in Egypt
Norway's Scatec is committed to enhancing its investments in the Egyptian market following improvements in the business environment and effective cooperation from state authorities, Chief Executive Terje Pilskog said. During…
Egytrans NOSCO, Nafith secure 25-year concession for smart truck management system at Sokhna Port
Egytrans NOSCO and Nafith International have secured a 25-year usufruct concession from the General Authority of the Suez Canal Economic Zone (SCZONE) to develop and operate a smart truck management…