Cairo to host African Pool Procurement Mechanism operational headquarters under new Africa CDC accords
Egypt will host the operational headquarters of the African Pool Procurement Mechanism (APPM) and formally participate in the continental initiative under two agreements signed with the Africa CDC on Monday. The memoranda of understanding (MoUs) were finalised on the sidelines
Egypt’s SCZone signs $20m contract with China’s Zhejiang Hongda for textile project
The General Authority for the Suez Canal Economic Zone (SCZone) signed a contract on Monday with Chinese company Zhejiang Hongda to establish a $20m textile manufacturing and processing project in the Qantara West Industrial Zone. The development, which spans 60,000
Egypt opens Africa Health ExCon 2026 as Africa CDC chief warns of Ebola threat
Egyptian Prime Minister Mostafa Madbouly on Monday opened the fifth edition of the Africa Health Exhibition and Conference (Africa Health ExCon 2026), where Africa CDC Director-General Jean Kaseya warned of severe continental risks from the Ebola virus epidemic and called
Finance Minister announces launch of first mobile application for real estate tax services
Minister of Finance Ahmed Kouchouk has announced the launch of the first mobile application for real estate tax services, enabling citizens to submit property tax returns, make advance payments, settle outstanding liabilities, and apply electronically for exemptions on primary family
Al Ahly Pharos advises on MNT-Halan funding round, lifting valuation to $1.4bn
Al Ahly Pharos Investment Banking, one of Egypt’s leading investment banking firms, has announced its role as financial advisor to MNT-Halan, the region’s largest fintech ecosystem, on its latest and highly successful fundraising round. The landmark transaction has raised MNT-Halan’s
Egypt, Libya explore expanded healthcare cooperation, medical industry localisation
Egypt and Libya have discussed expanding cooperation in the healthcare sector, with a particular focus on pharmaceutical supply, medical industry localisation, training programmes, and healthcare infrastructure, during a meeting between senior officials from both countries. Chairperson of Egypt’s Unified Procurement
Egypt advances silo modernisation efforts to safeguard strategic grain reserves
Egypt’s Minister of Supply and Internal Trade, Sherif Farouk, chaired the General Assembly meeting of the Egyptian Holding Company for Silos and Storage to discuss and approve the company’s estimated budget for fiscal year (FY) 2026/27, as part of ongoing
Al-Sisi reviews 105 power grid projects, renewable energy expansion plans
Egyptian President Abdel Fattah Al-Sisi reviewed progress on 105 projects aimed at strengthening the national electricity grid as part of the state’s efforts to improve power stability, enhance energy efficiency, and expand the use of renewable energy sources. According to
Egypt allocates EGP 60bn to upgrade power grid, support renewable energy expansion
Prime Minister Mostafa Madbouly witnessed the signing of a protocol agreement to finance projects aimed at strengthening and upgrading Egypt’s national electricity grid to accommodate growing renewable energy capacity, as the government accelerates its transition towards a greener and more
Khalda Petroleum, GPC add 12,000 bpd to Egypt’s Western Desert crude production
Egypt’s petroleum sector has increased production in the Western Desert by approximately 12,000 barrels per day (bpd) of crude oil and condensates over the past two weeks, driven by output growth from Khalda Petroleum and the General Petroleum Company. The