Egypt to launch nationwide aerial survey for mineral exploration
Egypt is finalising procedures to launch a nationwide aerial mineral survey as part of a strategy to attract new investment into gold and mineral exploration, Petroleum and Mineral Resources Minister…
Egypt Housing Minister orders fast-track regularisation of land in six new cities
Egypt’s Minister of Housing, Utilities, and Urban Communities Randa El-Menshawy has directed officials to accelerate the regularisation of land status in several new cities and simplify procedures for "serious" applicants.…
Egypt steps up maintenance of Holy Family Trail to boost religious tourism
Egypt is intensifying maintenance and development works along the Holy Family Trail as part of broader efforts to promote religious tourism and maximise the project’s economic returns, Minister of Local…
Egypt’s banking sector net foreign assets surge $20.3 bn in 2025, central bank says
The Central Bank of Egypt (CBE) announced on Sunday that net foreign assets (NFA) in the Egyptian banking sector increased by a cumulative $20.3 bn throughout 2025, driven by an…
Egyptian mission uncovers Old Kingdom rock-cut tombs at Qubbet El-Hawa in Aswan
An Egyptian archaeological mission from the Supreme Council of Antiquities has uncovered a group of rock-cut tombs dating back to the Old Kingdom during the current excavation season at the…
Madbouly explores accelerating Egypt’s export-driven industrial strategy
Prime Minister Mostafa Madbouly met with Minister of Industry Khaled Hashem at the government headquarters in the New Administrative Capital to review the ministry’s vision and work plan for the…
Al-Sisi pushes AI integration, expansion of technical schools
President Abdel Fattah Al-Sisi reviewed plans to modernise Egypt’s education system, including the integration of artificial intelligence and programming into school curricula, during a meeting with Prime Minister Mostafa Madbouly and…
Gold prices surge by EGP 215 amid geopolitical tensions
Gold prices in the local market rose by EGP 215, or 3.2%, last week, reflecting a similar increase in the global gold price, which rose by $65, or 1.3%. This…
FRA mandates invoice verification through unified electronic system before factoring finance is granted
The Financial Regulatory Authority (FRA) has required factoring companies to verify invoices subject to factoring through the Authority’s designated electronic system, as part of efforts to enhance the efficiency of…
Investment minister leads coordination effort for digital integration to streamline investor services
Mohamed Farid, Minister of Investment and Foreign Trade, chaired a comprehensive coordination meeting with senior officials from the Financial Regulatory Authority (FRA), the Internal Trade Development Authority (ITDA), the Egyptian…