India’s Jai Dadi Group launches $16m Nile Ferro Alloys plant in Sinai’s Technology Valley
Walid Gamal El Din, Chairperson of the Suez Canal Economic Zone (SCZONE), laid the foundation stone for the Nile Ferro Alloys plant, a major investment by India’s Jai Dadi Group in the East Ismailia Industrial Zone (Technology Valley), Sinai. The
Opinion | Rubio’s Gulf Tour Fails to Ease Strategic Anxiety over Iran Deal
US Secretary of State Marco Rubio has concluded his Gulf tour, which was primarily aimed at reassuring regional allies concerned about the consequences of Washington’s latest understanding with Iran. Although Gulf states broadly welcomed the end of the recent conflict,
Industry minister discusses Schneider Electric’s expansion plans, local manufacturing strategy
Egypt’s Minister of Industry, Khaled Hashem, met with Sebastien Riez, CEO of Schneider Electric for North East Africa and the Levant, to discuss the company’s current and future expansion plans in the Egyptian market, as well as opportunities to deepen
Private sector to account for 59% of total investment in FY2026/27: Planning minister
Ahmed Rostom, Minister of Planning and Economic Development, said on Monday that the government adopted an economic and social development plan for the 2026/27 fiscal year that targets increasing the private sector’s share of total investment to around 59%. Rostom
Planning minister chairs National Investment Bank committee meeting
Ahmed Rostom, Minister of Planning and Economic Development and Chairperson of the National Investment Bank (NIB), chaired a meeting of the bank’s Investment Committee. The committee reviewed NIB’s investment portfolio, including its holdings across institutions listed on the capital market,
Opinion | Dividends and Divides: Appraising the Social Aspect of Egypt’s New Fiscal Budget
In the coming weeks, a new two-pound coin and revised one-pound coin will enter circulation, marking the latest update to the Livre Égyptienne. Intended to minimise minting costs, streamline fare collection and curb metal melting, the reforms appear modest when
Egypt, Switzerland sign $1.7m grant for e-waste recycling project
Egypt and Switzerland have signed a 1.4m Swiss franc ($1.7m) grant agreement to launch a project aimed at building a national system for the sustainable management of electronic waste, supporting the country’s transition to a circular economy and expanding green industries.
Egypt coordinates with Somali and Yemeni officials to free sailors on hijacked MT Eureka
Egypt’s Ministry of Foreign Affairs is coordinating with authorities in Somalia and Yemen to secure the release of Egyptian sailors held aboard the hijacked transport vessel MT Eureka off the Somali coast. Foreign Minister Badr Abdelatty has directed daily monitoring
Egypt’s Military Production Ministry reports revenue growth, highlights development of “Rada’a 300” and Sinai 806 hardware
Egypt’s Ministry of Military Production reported revenue growth and detailed its operational results for the period between July 2025 and June 2026, highlighting the development of defence hardware including the “Rada’a 300” (Deterrence 300) rocket launcher and the Sinai 806
US, Iran prepare for Doha talks amid regional security challenges
The United States and Iran are preparing for a new round of high-level talks in Doha aimed at advancing implementation of their recent memorandum of understanding, even as maritime security in the Strait of Hormuz and Israel’s military presence in