The Facility Investing for Employment launches a New Call for Proposals in Egypt
©️ KfW Bildarchiv / photothek.net The Facility Investing for Employment has launched a competition round in Egypt. Companies as well as public and non-profit organisations can apply for co-financing grants. To be eligible for a grant, investment projects must create
Eid Al-Adha sparks cinematic showdown as Egypt’s box-office titans clash
As Eid Al-Adha 2026 approaches, Egyptian cinema is bracing for one of its fiercest competitive seasons in years. Leading stars are returning with ambitious productions that fuse action, comedy, and social drama; each determined to reclaim past glory after periods
Egypt’s IDA streamlines rules for changing, expanding industrial activities
Egypt’s Industrial Development Authority (IDA) has introduced a new set of streamlined regulations allowing manufacturers to change or add industrial activities within approved industrial zones, in a move aimed at reducing administrative burdens and accelerating licensing procedures. Under the updated
Egypt eyes broader partnership with IsDB: Planning Minister
Ahmed Rostom, Minister of Planning and Economic Development and Egypt’s Governor at the Islamic Development Bank Group (IsDB), held talks with Nour El-Din Mabrouk, Director of the Bank’s Regional Hub in Cairo, and his delegation to explore frameworks for future
Contact Financial Holding appoints Manal Abdel Razek as chairperson
Contact Financial Holding announced on Wednesday the appointment of Manal Abdel Razek as Chairperson of its Board of Directors, effective 28 April, succeeding Hazem Moussa. Abdel Razek brings more than three decades of leadership experience across Egypt’s financial services sector,
GE Vernova wins order for power plant upgrades, long-term services in Egypt
GE Vernova announced on Wednesday that it has secured an order from Middle Delta Electricity Production Company (MDEPC), an affiliate of Egyptian Electricity Holding Company (EEHC), to carry out upgrade and service projects at the Banha and Nubaria power plants.
Catalyst Partners Middle East moves ahead with plan to acquire controlling stake in EIH Consulting
Catalyst Partners Middle East (CPME), Egypt’s first special purpose acquisition company (SPAC), has announced that its board has granted in-principle approval to proceed with the acquisition of a controlling stake, potentially up to 100%, in EIH Consulting and its subsidiaries.
Iran warns of ‘unprecedented’ response as US escalates pressure in Strait of Hormuz
Iran and the United States sharply escalated rhetoric over the Strait of Hormuz on Wednesday, with Tehran warning of an “unprecedented practical military response” if Washington maintains its naval blockade near the strategic waterway. Iranian state television, citing an informed
Al-Sisi pushes broader educational partnership with Hiroshima University
Egyptian President Abdel Fattah Al-Sisi discussed expanding cooperation in education and technology with Hiroshima University President Mitsuo Ochi, underscoring the growing educational partnership between Egypt and Japan. According to the Egyptian presidency, Al-Sisi expressed appreciation for Egypt’s strong bilateral relations
Defence Minister oversees ‘Badr 2026’ live-fire drill
Egypt’s Defence Minister Ashraf Salem Zaher oversaw the main phase of the “Badr 2026” tactical military exercise, conducted by a unit of the Third Field Army with live ammunition, as part of ongoing efforts to maintain combat readiness. According to