AI, investment funds redefine future of Egypt’s real estate
Real estate developers have underscored the importance of digital transformation and the use of artificial intelligence (AI) to enhance operational efficiency and support investment growth, while also highlighting the active…
Egypt unveils National Digital Health Strategy 2025–2029 to drive systemwide transformation
Egypt has launched its National Digital Health Strategy for 2025–2029, a comprehensive plan to accelerate the digital transformation of the country’s healthcare system, Health Minister Khaled Abdel Ghaffar announced during…
Climate finance must be fairer for emerging economies: Finance Minister
Ahmed Kouchouk, Minister of Finance, stated that climate finance must become fairer for emerging economies and more closely aligned with national development priorities. He said Egypt supports expanding the use…
Egypt unveils plan to borrow EGP 2.524trn from domestic market in Q2 FY 2025/2026
The Egyptian government has released full details of its plan to borrow EGP 2.524trn from the domestic market during the second quarter Q2 of fiscal year (FY) 2025/2026, as part…
Al-Sisi orders expansion of oil, gas and mining exploration, new investor incentives
Egyptian President Abdel Fattah Al-Sisi on Saturday directed his government to scale up oil, gas and mineral exploration and introduce additional incentives to attract investors, according to a statement from…
Cairo intensifies regional diplomacy to secure support for US Gaza resolution at UN
Cairo has intensified diplomatic contacts with several Arab and Islamic states in recent hours to rally support for the US draft resolution on Gaza at the UN Security Council, according…
Gold in Egypt posts 2.3% weekly gain amid global volatility
Chairperson of the Gold and Precious Metals Division at the Federation of Egyptian Industries, Ehab Wassef, highlighted sharp fluctuations in the local gold market throughout the past week. He explained…
EGP 18bn invested in women-led small, micro projects over 11 years: Rahmy
Bassil Rahmy, CEO of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), announced that the agency has injected EGP 18bn over the past 11 years to finance women-led small…
Minapharm, Bayer sign strategic agreement to localize pharmaceutical manufacturing in Egypt
Chairperson of the Egyptian Drug Authority (EDA), Ali Ghamrawy, witnessed the signing of a cooperation agreement between Minapharm Pharmaceuticals and Bayer International. The ceremony was held in the New Administrative…
Egypt starts gas production at West Burullus field in Mediterranean: Petroleum Minister
Minister of Petroleum and Mineral Resources Karim Badawi has announced the start of initial gas production from the West Burullus field in the Mediterranean Sea, following the successful connection of…