Egypt details economic strategy, private sector empowerment to Goldman Sachs
Egypt's Minister of Planning, Economic Development and International Cooperation, Rania Al-Mashat, has outlined the country's economic reform progress and government efforts to empower the private sector and increase investment during…
SCZONE inaugurates Beltone Leasing, Factoring branch at Sokhna headquarters
The General Authority of the Suez Canal Economic Zone (SCZONE) has officially inaugurated a new branch of Beltone Leasing and Factoring at its headquarters in the Sokhna Industrial Zone. The…
Rare Diseases in Egypt: A New Era of Transformation
By definition, a rare disease affects a very small number of people—an estimated 1 in 2,000, according to the broadest definitions.¹ Approximately 80% of these conditions are believed to be…
New Capital’s R8 Phase 2 set to generate EGP 150bn in sales from 16,000 units: Etqan
Etqan Financial and Commercial Consultancy has released its latest market study on residential real estate in the New Administrative Capital (NAC), coinciding with the launch of Phase 2 land plots…
Final deadline to benefit from Egypt’s 2025 tax relief is 12 August: ETA chief
Rasha Abdel Aal, Head of the Egyptian Tax Authority (ETA), has confirmed that 12 August 2025 is the final deadline for businesses to benefit from the relief incentives provided under…
Egypt becomes first country in Eastern Mediterranean to meet WHO target for hepatitis B control
Egypt has become the first country in the World Health Organization’s Eastern Mediterranean Region to meet the WHO target for hepatitis B control, a milestone achievement officially recognized during a…
Gaza situation “intolerable”: British PM Starmer
British Prime Minister Keir Starmer said on Monday the situation in Gaza is "getting worse day by day" and that it was essential to ensure more urgent humanitarian aid reaches…
Egypt’s economic reset: Signs of stabilization and a path forward
Simon Williams, HSBC’s Chief Economist for Central & Eastern Europe, the Middle East and Africa (CEEMEA), and Helen Belopolsky, HSBC’s Global Head of Geopolitical Risk, recently shared their outlook on…
Public Enterprises Ministry launches overhaul plan to modernize affiliated companies: El-Shimy
Minister of Public Enterprises Sector Mohamed El-Shimy has announced the implementation of a comprehensive modernization plan for companies affiliated with the ministry. The plan centers on digital transformation, technology localization,…
Egypt reaffirms ban on industrial projects on farmland, in residential areas
In a continued effort to boost industrial development while preserving vital resources, Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel Al-Wazir held a meeting with…