Egypt secures €53.8m green industry financing from AFD, EIB
Egypt signed a €53.8m concessional financing and grant agreement with the French Development Agency (AFD) and the European Investment Bank (EIB) to support its Sustainable Green Industries (GSI) programme, which promotes greener industrial production, reduces emissions, and enhances competitiveness, the
Egypt prepares youth-focused financing initiative, incentives for first 100k simplified-system taxpayers: Finance Minister
Finance Minister Ahmed Kouchouk said the government is developing new incentive measures to stimulate productive sectors and strengthen entrepreneurship across the Egyptian economy. He added that the ministry is working with the Micro, Small and Medium Enterprise Development Agency (MSMEDA)
Gaza ceasefire under strain amid Israeli escalation, Hamas delegation heads to Cairo
A Hamas delegation led by senior official Khalil Al-Hayya arrived in Cairo on Saturday night to discuss the latest Israeli escalation in the Gaza Strip and explore steps toward implementing the second phase of the ceasefire agreement signed in Sharm
Egypt, Qatar discuss expanding health cooperation, Gaza support
Egyptian Health Minister and Deputy Prime Minister Khaled Abdel Ghaffar met on Sunday with Qatar’s Ambassador to Cairo, Sheikh Jassim bin Abdulrahman Al Thani, to explore ways to strengthen bilateral cooperation across multiple health fields, the Egyptian Health Ministry said.
Brassbell Hospitality unveils first Fanaya Hotel in Jeddah, marking entry into Saudi market
Brassbell Hospitality Group has entered the Saudi Arabian market with the launch of the Fanaya Hotel in Jeddah, the first property under its newly introduced Fanaya brand and the starting point of a planned multi-phase expansion across the Kingdom. The
G20: Egypt says ready to host international conference on Gaza reconstruction
Egypt is ready to host an international conference on early recovery and reconstruction in Gaza, Prime Minister Mostafa Madbouly told a G20 session on Saturday, calling for urgent reforms to the global debt system and renewed support for multilateral trade
Industry ministry allocates 185,000 sqm for new industrial projects in 16 governorates
The Ministry of Industry has announced the results of the 12th exceptional offering of serviced industrial land, following the closure of applications on 6 November. The Industrial Development Authority received around 209 investment applications through the Egypt Industrial Digital Platform
MSMEDA injects EGP 22.7bn since 2022, funding 493k projects: Rahmy
Bassil Rahmy, CEO of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), announced that the agency has channelled EGP 22.7bn in funding since 2022, supporting around 493,000 projects across the governorates and creating more than one million jobs. He
Egypt’s PM joins opening of first Africa-hosted G20 Summit as leaders push for reforms on climate, debt, global inequality
Egyptian Prime Minister Mostafa Madbouly on Saturday attended the opening session of the 2025 G20 Leaders’ Summit in Johannesburg, representing President Abdel Fattah Al-Sisi at the first G20 meeting ever held on the African continent. Madbouly travelled with Foreign
Egypt’s trade with G20 countries hits $70.4bn in first 9 months of 2025
The Central Agency for Public Mobilization and Statistics (CAPMAS) reported an increase in trade between Egypt and the Group of 20 countries (G20) to $70.4bn during the period extending from January to September 2025, compared to $61.7bn in the same