US, Iran prepare for Doha talks amid regional security challenges
The United States and Iran are preparing for a new round of high-level talks in Doha aimed at advancing implementation of their recent memorandum of understanding, even as maritime security…
Egypt’s Military Production Ministry reports revenue growth, highlights development of “Rada’a 300” and Sinai 806 hardware
Egypt's Ministry of Military Production reported revenue growth and detailed its operational results for the period between July 2025 and June 2026, highlighting the development of defence hardware including the…
Egypt coordinates with Somali and Yemeni officials to free sailors on hijacked MT Eureka
Egypt's Ministry of Foreign Affairs is coordinating with authorities in Somalia and Yemen to secure the release of Egyptian sailors held aboard the hijacked transport vessel MT Eureka off the…
Egypt, Switzerland sign $1.7m grant for e-waste recycling project
Egypt and Switzerland have signed a 1.4m Swiss franc ($1.7m) grant agreement to launch a project aimed at building a national system for the sustainable management of electronic waste, supporting the country's…
Opinion | Dividends and Divides: Appraising the Social Aspect of Egypt’s New Fiscal Budget
In the coming weeks, a new two-pound coin and revised one-pound coin will enter circulation, marking the latest update to the Livre Égyptienne. Intended to minimise minting costs, streamline fare…
Planning minister chairs National Investment Bank committee meeting
Ahmed Rostom, Minister of Planning and Economic Development and Chairperson of the National Investment Bank (NIB), chaired a meeting of the bank’s Investment Committee. The committee reviewed NIB’s investment portfolio,…
Private sector to account for 59% of total investment in FY2026/27: Planning minister
Ahmed Rostom, Minister of Planning and Economic Development, said on Monday that the government adopted an economic and social development plan for the 2026/27 fiscal year that targets increasing the…
Industry minister discusses Schneider Electric’s expansion plans, local manufacturing strategy
Egypt's Minister of Industry, Khaled Hashem, met with Sebastien Riez, CEO of Schneider Electric for North East Africa and the Levant, to discuss the company's current and future expansion plans…
Farid says Egypt to revamp startup funding, considers new sovereign fund mechanism to bridge financing gap
Egypt is developing its startup financing ecosystem by updating regulations for convertible securities and improving company valuation methodologies, while the Sovereign Fund of Egypt studies a new investment mechanism to…
Standard government contracts, tender documents finalised: Finance minister
Ahmed Kouchouk, Minister of Finance, announced that the government has completed the preparation of all standard procurement documents, including model contracts, tender documents and technical specifications, which will become mandatory…