Saudi Ports Authority seeks Suez Canal partnership for Jeddah port development
Saudi Arabia’s ports authority is seeking to partner with the Suez Canal Authority (SCA) for the development of Jeddah port and other infrastructure projects, the head of the Saudi body…
Al-Sisi reaffirms support for Somalia’s unity, warns against threats to Horn of Africa stability
Egyptian President Abdel Fattah Al-Sisi reaffirmed on Sunday Egypt’s “categorical rejection” of any actions that could threaten Somalia’s security, stability, or territorial integrity, underscoring Cairo’s commitment to supporting stability in…
Egypt health minister highlights youth investment at Diplomacy Forum
Egypt’s Deputy Prime Minister and Minister of Health, Khaled Abdel Ghaffar, underscored the importance of investing in youth, health and education as pillars of Egypt’s future during a youth diplomacy…
SODIC’s net profit surges 77% in 2025
Sixth of October Development and Investment Company (SODIC) delivered a strong set of consolidated financial results for 2025, posting sharp growth in revenues, profitability, and operational performance. The results were…
Emergency Labour Aid Fund disburses EGP 2.48bn to support over 441,000 workers nationwide
The Board of Directors of the Emergency Labour Aid Fund, chaired by Minister of Labour Mohamed Gobran, announced that the fund has disbursed a total of EGP 2.481bn since its…
Egypt to import frozen poultry to boost supply ahead of Ramadan
Egypt has agreed to import large quantities of frozen poultry and poultry parts from several countries to increase market supply and lower prices ahead of Ramadan, the ministries of Supply…
New digital platform to offer 40 initial services for Egyptian social insurance
Egypt is preparing to launch a new digital system for the National Social Insurance Authority that will provide a total of 95 electronic services to citizens within six months of…
Egypt’s engazaat to invest $100m in regional green utility projects
Egyptian asset manager engazaat plans to invest more than $100m over the next two years to support its regional expansion in climate infrastructure, the company announced on Sunday. The investment…
Gold prices drop EGP 150 in local market despite global gains
Gold prices in Egypt’s local market declined by EGP 150, or 2.2%, over the past week, even as global gold prices posted gains, reflecting a correction driven by a narrowing…
Egypt’s FRA launches digital factoring portal to curb financing risks
Egypt’s Financial Regulatory Authority (FRA) has launched a digital factoring system on its electronic portal in partnership with e-finance to prevent double financing risks and streamline oversight of the sector,…