Egypt’s investment minister meets sugar producers to review market conditions, boost investment
Mohamed Farid Saleh, Minister of Investment and Foreign Trade, held a meeting with officials from sugar production companies in Egypt to review current market conditions. The discussions also focused on…
Egypt’s planning, housing ministers review investment plan through 2030
Egypt’s Minister of Planning and Economic Development, Ahmed Rostom, and Minister of Housing, Utilities and Urban Communities, Randa El-Menshawy, held an expanded meeting to review the outlines of the investment…
IEA to release record 400 million barrels of oil to counter Middle East war impact
The International Energy Agency (IEA) has agreed to release 400 million barrels of emergency oil reserves in its largest collective drawdown on record, as governments move to contain a surge…
Regional tensions escalate as Iran threatens to restrict shipping through Hormuz
Military and political tensions across the Middle East intensified on Wednesday as Iran issued new warnings over shipping in the Strait of Hormuz while missile and drone attacks spread across…
Egypt aims to boost oil, gas output with horizontal drilling, fracking
Egypt is seeking to increase oil and natural gas production by expanding the use of horizontal drilling and hydraulic fracturing technologies, the presidency said after a meeting chaired by President…
Cairo, Moscow coordinate at UN Security Council over Middle East escalation
Egypt and Russia discussed a United Nations Security Council draft resolution on Wednesday as part of urgent diplomatic efforts to contain the "rapidly accelerating" conflict in the Middle East. In…
MNT-Halan targets EGP 30bn in securitization, bond issuances in 2026
Founder and CEO of MNT-Halan, Mounir Nakhla, said the company is operating under exceptional geopolitical conditions, noting that these developments coincide with its ongoing expansion and investments across four key…
Egypt prepares to extend Universal Health Insurance to Minya in second phase
Egypt is preparing to extend its universal health insurance system to the governorate of Minya as part of the programme’s second phase, a move expected to bring coverage to more…
Abdelatty chairs inter-ministerial meeting to resolve Egyptian expat concerns
Egypt is set to introduce a range of incentives and practical solutions to address the concerns of citizens living abroad, including reforms to customs procedures and university admission policies, following…
Egypt rejects unilateral Nile actions, Somaliland recognition in talks with US advisor
Egypt’s Foreign Minister Badr Abdelatty on Wednesday rejected any unilateral actions regarding the River Nile and reaffirmed Cairo's opposition to the recognition of "Somaliland" during talks with a senior United…