Egypt advances electricity market reform through partnership with Nexus Analytica
Egypt’s Minister of Electricity and Renewable Energy, Mahmoud Esmat, has held talks with Nexus Analytica to explore cooperation on developing the regulatory framework governing the country’s electricity market, as part…
Egypt launches Red Sea Initiative to protect coral reefs, advance sustainable blue economy
Egypt has officially launched the Egyptian Red Sea Initiative, a national programme designed to protect coral reef ecosystems, strengthen climate resilience, and promote sustainable tourism and green investment along the…
Egypt explores stronger industrial, investment partnerships with EBRD, Türkiye, Nigeria, and Morocco
Minister of Industry Khaled Hashem held a series of high-level meetings with international officials and financial institutions on the sidelines of the 35th Annual Meeting and Business Forum of the…
Trump says US ‘very close’ to Iran deal, rejects early sanctions relief
US President Donald Trump said the United States and Iran were “very close” to reaching an agreement to end the conflict, but ruled out any advance easing of sanctions or…
Egyptian, Qatari foreign ministers review proposed US-Iran agreement and Gaza ceasefire terms
Egypt and Qatar are working to bridge views in ongoing negotiations between the United States and Iran, as the two nations' foreign ministers met on Sunday to discuss proposed elements…
Madbouly opens factories, inspects major investments in Alexandria
Egypt's Prime Minister Mostafa Madbouly inaugurated and inspected a series of major industrial projects in Alexandria's Borg El Arab industrial zone on Sunday. Madbouly highlighted Egypt’s strategy to deepen local…
Egypt’s FRA outlines insurance sector overhaul, tenfold capital requirement at African conference
The Egyptian Financial Regulatory Authority (FRA) has approved two companies to issue insurance policies using financial technology and is processing applications from over 10 others, FRA Chairperson Islam Azzam announced…
Alaa El-Zoheiry elected President of African Insurance Organisation for 2026-2027 term
Alaa El-Zoheiry, Chairperson of the Insurance Federation of Egypt (IFE), has been elected President of the African Insurance Organisation (AIO) for the 2026-2027 term, succeeding Ethiopia. The announcement was made…
Egypt’s non-banking financial sector serves over 60 million citizens, provides EGP 1.4trn in financing: Planning minister
Egypt’s non-banking financial sector, regulated by the Financial Regulatory Authority (FRA), serves more than 60 million citizens and provided financing worth EGP 1.4trn in 2025, according to Ahmed Rostom, Minister…
IPO programme to deepen financial markets, expand private sector role: Investment minister
Mohamed Farid, Minister of Investment and Foreign Trade, said the government is moving forward with its state offerings programme as part of broader efforts to strengthen the role of the…