Egypt records eight M&A deals worth $22m in Q1 2026: Ansarada
Egypt’s mergers and acquisitions (M&A) market continues to demonstrate resilience and long-term investor confidence despite ongoing geopolitical uncertainty in the region, according to the Middle East M&A Market Analysis Q1 2026 released by Ansarada, an AI-powered virtual data room platform
Egypt’s government fast-tracks EGP 42bn pension payout for 10.2 million citizens via new digital system
Egypt has disbursed EGP 42bn in early June pension payments to 10.2 million beneficiaries ahead of the Eid al-Adha holiday, following the official nationwide launch of its comprehensive digital social insurance system. Major General Gamal Awad, Chairman of the National
Egypt condemns attacks on Bahrain, Kuwait, warns against escalating threats to Gulf security
Egypt has condemned attacks targeting Bahrain and Kuwait, reaffirming its full solidarity with both countries and rejecting any actions that violate the sovereignty of Gulf states or threaten regional security and stability. In a statement issued on Wednesday, Egypt’s Ministry
Kuwait expels Iranian diplomats after attacks on civilian facilities
Kuwait escalated its diplomatic response to Iran on Wednesday, expelling two Iranian diplomats and summoning the acting head of the Iranian embassy after attacks that Kuwait and Bahrain said targeted civilian and critical facilities. The incidents have drawn widespread Arab
Egypt to launch ‘Greening Cairo’ to convert evacuated urban spaces as city restores historical centre
Egypt will adopt a “Greening Cairo” project aimed at converting evacuated urban spaces into green areas to increase the per capita share of green spaces, Prime Minister Mostafa Madbouly announced on Tuesday. Speaking during a meeting at the government headquarters
Alexandria reports 93% completion of ‘Decent Life’ rural projects and building reconciliation requests
Alexandria has completed 173 developmental projects under the “Decent Life” presidential initiative and processed 93.32% of building reconciliation requests, Egyptian Prime Minister Mostafa Madbouly reviewed during a meeting on Tuesday. Meeting with Minister of Local Development and Environment Manal Awad,
Industry, supply ministers inaugurate Fi Africa, ProPak MENA 2026
Egypt’s Minister of Industry, Khaled Hashem, and Minister of Supply and Internal Trade, Sherif Farouk, inaugurated the 14th edition of Food Ingredients Africa (Fi Africa) and ProPak MENA 2026, the region’s leading trade exhibitions for food processing, packaging, and packaging
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Egypt’s banking sector net foreign assets rise to $22.9bn in April 2026
The Central Bank of Egypt (CBE) announced that net foreign assets (NFAs) in Egypt’s banking sector rose to approximately $22.903bn, equivalent to EGP 1.229trn, in April 2026, up from $21.320bn, or EGP 1.164trn, in March. Net foreign assets are among
New customs facilitation measures to boost trade, investment, and logistics efficiency: Finance minister
Egypt’s Minister of Finance, Ahmed Kouchouk, said a new package of customs facilitation measures marks a further step towards simplifying procedures for the business community and reducing administrative burdens on economic operators, helping to enhance the competitiveness of the Egyptian