Housing Minister reviews progress at alternative site for Samla, Alam Al-Roum
Minister of Housing, Utilities and Urban Communities Sherif El-Sherbiny held a meeting to review progress on ongoing works at the site designated as an alternative location for the Samla and…
Egypt, Saudi Arabia coordinate on regional crises ahead of first Supreme Council meeting
Egypt and Saudi Arabia on Monday agreed to intensify political consultation and coordination to address escalating regional challenges, affirming a unified stance on resolving conflicts in Gaza, Sudan, Yemen, and…
African World Heritage Fund registers four new sites as Egypt hosts board meetings
The African World Heritage Fund (AWHF) facilitated the registration of four new African heritage sites on the UNESCO World Heritage List during the last six months, officials announced during board…
Egypt’s Health Ministry, Philips to study local manufacturing of CT scan machines
Egypt’s Ministry of Health and Population is preparing a joint feasibility study with Philips to localise the manufacturing of CT scan machines, the ministry announced on Monday. Khaled Abdel Ghaffar,…
Egypt accelerates phase 2 of BRT, Ring Road upgrades to ease congestion, expand green transport
Egypt’s Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, conducted an inspection tour to review progress on phase two of the Bus Rapid Transit…
FRA launches first register for tech-based risk assessment firms in non-banking finance
The Financial Regulatory Authority (FRA) has issued a decision establishing a dedicated register for companies that provide technology-driven risk assessment systems for non-banking financial activities, marking a significant step in…
Industry Ministry rolls out incentive package to expand cold-rolled, coated steel production
Egypt’s Ministry of Industry has unveiled a new package of investment incentives aimed at encouraging the establishment of factories producing cold-rolled, galvanised, and pre-painted steel sheets and coils, which are…
Real GDP growth projected to reach 6.2% by FY 2029/30: Finance Ministry
Egypt’s real GDP growth is projected to reach around 5% in fiscal year (FY) 2025/2026 and 5.3% in FY 2026/2027, before accelerating to 6.2% by FY 2029/2030, according to the…
Turkish firm Eroglu Moda Tekstil to invest $5.6m in Egypt garment factory
Turkish company Eroglu Moda Tekstil has signed an agreement to establish a $5.6m (EGP 265m) ready-made garment factory in the West Qantara Industrial Zone, targeting the export of 95% of…
Egypt’s FRA launches first digital payment network for non-banking financial sector
The Financial Regulatory Authority (FRA) has launched the first integrated digital payment network for the non-banking financial sector as a central platform for the secure and unified digital settlement of…