Egypt pledges to resolve operational hurdles for French firms to spur $1.56bn investment portfolio
Egyptian Minister of Investment and Foreign Trade Mohamed Farid has pledged to streamline regulations and resolve operational hurdles for French businesses during a meeting with the heads of 22 major French companies to discuss expansion plans and boost exports. The
IGC expands Egypt operations with 500 kV power transmission project
Intelligent Globe Construction (IGC), the engineering and construction arm of Intelligent Group, has expanded its operations in Egypt after signing a partnership agreement with the Ministry of Electricity and Renewable Energy, represented by the Egyptian Electricity Transmission Company (EETC), to
Egypt and Pakistan to establish joint development planning platform following New York talks
Egypt and Pakistan have agreed to establish a joint periodic cooperation platform between their planning ministries to exchange development visions and expertise, following a proposal by Islamabad during talks in New York. Egyptian Minister of Planning and Economic Development Ahmed
Gold, silver funds reach 329,000 investors, EGP 9.35bn in net assets in June: FRA
The Financial Regulatory Authority (FRA) has released its quarterly performance report on precious metals investment funds, highlighting continued growth in gold and silver funds through 25 June 2026, driven by a rising investor base and expanding product offerings. According to
Finance Ministry plans 800 PPP schools, 30 European-accredited technical schools
Egypt’s Ministry of Finance is advancing plans to establish 800 schools through public-private partnerships (PPPs), while preparing to launch 30 technical schools with European accreditation that will enable graduates to work directly in European labour markets, according to Atter Hanoura,
Turkish firm Ukinox signs $14m contract for stainless steel plant in Sokhna Industrial Zone
Turkish firm Ukinox manufacturing company has signed a $14m contract to establish a stainless steel products plant in the Sokhna Industrial Zone, aiming to produce 1.2 million kitchen sinks annually. The contract was signed at the headquarters of the General
Egypt allocates EGP 28bn to export support in FY2025/26, up 55%: Finance minister
Egypt allocated EGP 28bn to export support during the 2025/26 fiscal year, a 55% increase from the previous year, as part of the government’s efforts to boost production, exports, and private sector investment, Minister of Finance Ahmed Kouchouk said. Speaking
Education spending tops 2.5% of GDP, remittances near $40bn: HDB CEO
Yahia Aboul Fotouh, Chief Executive Officer of Housing and Development Bank (HDB), said the banking sector views investment in education as a cornerstone of sustainable development and human capital formation, stressing that financing education is a long-term investment that supports
Egypt reviews Red Sea sustainable blue economy projects, marine conservation plans
Minister of Local Development and Environment Manal Awad reviewed a package of proposed projects under the Sustainable Blue Economy in the Red Sea and Gulf of Aden (HESBERSGA) initiative, following recent regional meetings held in Jeddah, Saudi Arabia, the Ministry
Sustainable aviation fuel roadmap initiated in Egypt with ICAO and EU support
Egypt’s Ministry of Civil Aviation has launched the country’s first national feasibility study for the production and use of Sustainable Aviation Fuel (SAF) in collaboration with the International Civil Aviation Organization (ICAO) and the European Union. The study’s initiation was