Egypt targets 20–30% growth in FDI to reach $12bn in 2025: Minister
Minister of Investment and Foreign Trade Hassan El-Khatib announced that Egypt aims to increase foreign direct investment (FDI) inflows by 20–30% this year, targeting around $12bn by the end of 2025. El-Khatib said Egypt’s annual FDI inflows currently range between
Malawi explores Egypt’s experience in free zone management
The General Authority for Investment and Free Zones (GAFI) hosted a delegation from the Malawi Investment and Trade Centre to learn from Egypt’s experience in managing free and investment zones. The visit took place within the framework of cooperation between
Investment Ministry, Future of Egypt Authority discuss strengthening supply chains, strategic commodity procurement
Hassan El-Khatib, Minister of Investment and Foreign Trade, met with Bahaa El-Ghannam, CEO of the Future of Egypt for Sustainable Development Authority, to discuss frameworks for cooperation aimed at reinforcing supply chains and enhancing the exchange of information on global
Al-Sisi reviews education reforms, orders new teacher bonus starting November
President Abdel Fattah Al-Sisi met on Tuesday with Prime Minister Mostafa Madbouly and Minister of Education Mohamed Abdel Latif to review the progress of Egypt’s education system as the new academic year begins, the presidency said in a statement. Presidential
Egypt’s Cabinet approves new universities, church legalisations
Egypt’s cabinet on Tuesday approved the establishment of new private and international universities, the legalisation of 160 churches and affiliated buildings, and a new draft law on competition and the prevention of monopolistic practices. In its weekly meeting, chaired by
Egypt extends single-use plastics circular economy project to 2027
Egypt has extended its project promoting circular economy practices in the single-use plastics value chain by one year, pushing its completion to 2027 instead of 2026. The extension comes as part of national efforts to curb plastic pollution and accelerate
Saint-Gobain Egypt targets doubling exports to Africa to €120m annually
Abdel Aziz El-Sherif, First Undersecretary of State at the Ministry of Investment and Foreign Trade and Head of the Egyptian Commercial Service (ECS), met with Ahmed Wafik, Chairperson of Saint-Gobain Glass Egypt, to discuss the company’s current operations and future
Cairo prepares for 5th session of Egyptian-Hungarian Joint Committee
Egypt is preparing for the fifth session of the Egyptian-Hungarian Joint Committee for Economic, Scientific, and Technical Cooperation, scheduled for April 10, 2025. Minister of Planning, Economic Development, and International Cooperation Rania Al-Mashat chaired a preparatory meeting on April 9,
Egypt, Saxony explore enhanced education, trade, green energy cooperation
Egyptian Prime Minister Mostafa Madbouly met with Michael Kretschmer, Minister-President of the German state of Saxony, on Wednesday, to discuss strengthening bilateral cooperation. The meeting, held in the New Administrative Capital, was attended by senior officials from both sides, including
Egypt’s Al-Mashat urges Arab economic integration at Kuwait financial meetings
Egypt’s Minister of Planning and Economic Development and International Cooperation, Rania Al-Mashat, called for stronger Arab economic integration to address global challenges at the annual meetings of Arab financial institutions in Kuwait City. Al-Mashat, also governor for Egypt at the