Egypt’s FRA grants 6 temporary licences to healthcare administrators under new insurance law
Egypt’s Financial Regulatory Authority (FRA) has granted temporary operating licences to six healthcare third-party administrator (TPA) companies, as the regulator begins enforcing the country’s new Unified Insurance Law, the authority’s chairperson said. The announcement came during an extended meeting held
Trump scraps Pakistan delegation, says Iran talks can proceed by phone
US President Donald Trump said he had cancelled plans to send a delegation to Pakistan for talks with Iran, describing the trip as unnecessary and indicating that discussions could be conducted remotely as diplomatic contacts continue through regional intermediaries. Speaking
MSMEDA channels EGP 939m into Sinai to fund SMEs, create 25,000 jobs
The Micro, Small and Medium Enterprise Development Agency (MSMEDA) has injected EGP 939.4m into North and South Sinai between 2014 and 2025, financing nearly 10,000 projects and generating around 25,000 job opportunities. Of the total funding, EGP 23m was allocated
Egypt showcases ‘Masdar’ platform at UN forum to enhance development financing decisions
Egypt’s Ministry of Planning and Economic Development has highlighted its “Masdar” platform as a key tool for improving decision-making and directing financing towards priority sectors, during its participation in the United Nations Economic and Social Council Forum on Financing for
Egypt showcases water megaprojects powering Sinai agriculture, development
Egypt’s Ministry of Water Resources and Irrigation has highlighted a series of major water projects in the Sinai Peninsula as central to boosting agricultural expansion and strengthening food security, marking Sinai Liberation Day. In a statement, Water Minister Hani Sewilam
Egypt steps up diplomacy to ease regional tensions, back US-Iran talks
Egypt has intensified diplomatic outreach with regional and international partners to support de-escalation efforts and revive negotiations between the United States and Iran, underscoring the need for political solutions, Gulf security, and the protection of global navigation routes. Egyptian Foreign
Egypt produces 1.1 million tonnes of methanol annually to meet demand, boost exports
Egypt produces around 1.1 million tonnes of methanol annually, meeting domestic industrial demand while exporting surplus volumes to global markets, Minister of Petroleum and Mineral Resources Karim Badawi said. Speaking at the general assembly meeting of Methanex Egypt to approve
Egypt’s EGAC secures EU recognition for carbon footprint verification
Egypt’s Egyptian Accreditation Council (EGAC), affiliated with the Ministry of Industry, has extended its international recognition from the European Cooperation for Accreditation (EA) to include carbon footprint verification under ISO 14067 standards. The expanded scope covers certification and verification bodies
IBAG unveils new identity as ‘Rimmit’, launches strategy and money transfer app
IBAG, a leading international money transfer company, has announced the launch of its new brand identity under the name “Rimmit”, marking a strategic evolution in its journey to deliver advanced non-banking financial solutions in Egypt and globally. The rebranding coincides
12 investment zones attract EGP 66bn: Investment Ministry
The Ministry of Investment and Foreign Trade has launched a promotional and awareness campaign highlighting investment zones, one of the advanced investment frameworks established under Investment Law No. 72 of 2017. The campaign aims to familiarise the business community with