Egypt advances silo modernisation efforts to safeguard strategic grain reserves
Egypt’s Minister of Supply and Internal Trade, Sherif Farouk, chaired the General Assembly meeting of the Egyptian Holding Company for Silos and Storage to discuss and approve the company’s estimated…
Egypt, Libya explore expanded healthcare cooperation, medical industry localisation
Egypt and Libya have discussed expanding cooperation in the healthcare sector, with a particular focus on pharmaceutical supply, medical industry localisation, training programmes, and healthcare infrastructure, during a meeting between…
Egypt’s Vaccine City investments to reach EGP 12bn by 2030
Egypt’s Vaccine City and Biotechnology project is expected to attract investments worth EGP 12bn (approximately $240m) by 2030, Minister of Health and Population Khaled Abdel Ghaffar said, describing the initiative…
Khalda Petroleum, GPC add 12,000 bpd to Egypt’s Western Desert crude production
Egypt's petroleum sector has increased production in the Western Desert by approximately 12,000 barrels per day (bpd) of crude oil and condensates over the past two weeks, driven by output…
Al Ahly Pharos advises on MNT-Halan funding round, lifting valuation to $1.4bn
Al Ahly Pharos Investment Banking, one of Egypt’s leading investment banking firms, has announced its role as financial advisor to MNT-Halan, the region’s largest fintech ecosystem, on its latest and…
Proposed VAT amendments to support healthcare services, medical manufacturing: ETA head
Rasha Abdel Aal, Head of the Egyptian Tax Authority (ETA), said the draft amendments to the Value Added Tax (VAT) Law, currently under discussion in the House of Representatives, include…
Egypt keen to attract more Uzbek investments: Foreign trade minister
Mohamed Farid, Egypt’s Minister of Investment and Foreign Trade, met with Bakhtiyor Saidov, Uzbekistan’s Minister of Foreign Affairs, at the ministry’s headquarters in Cairo to discuss ways to strengthen investment…
Egypt’s planning minister discusses new phase of partnership with Azerbaijan
Ahmed Rostom, Minister of Planning and Economic Development, has held an extensive meeting with Elkhan Polukhov, Ambassador of the Republic of Azerbaijan to Egypt, to discuss strengthening bilateral cooperation, advancing…
Egypt signs EGP 196bn agreements to resolve decades-old financial liabilities
Egypt has taken a significant step towards resolving longstanding financial liabilities among state entities, with Prime Minister Mostafa Madbouly overseeing the signing of two framework agreements worth a combined EGP…
Egyptian Kuwaiti Real Estate Development, Hassan Allam Holding partner on EGP 270bn mixed-use project in West Cairo
The Egyptian Kuwaiti Real Estate Development Company has signed a partnership agreement with Grova West, a subsidiary of Hassan Allam Holding, to jointly develop a 295-feddan land parcel in the…