Main Development Company signs EGP 1bn deal for West Qantara industrial site
The Suez Canal Economic Zone (SCZONE) signed a EGP 1bn usufruct contract on Monday with the Main Development Company (MDC) to develop pre-built factories in the West Qantara industrial zone. The project involves the development of a total area of
Egypt’s Prime Minister orders faster health insurance rollout and new mining investment push
Prime Minister Mostafa Madbouly has ordered the acceleration of Egypt’s Universal Health Insurance (UHI) system across all regions, targeting the inclusion of five provinces in its second phase, the cabinet said in a statement on Monday. During a meeting in
Egypt opens doors to investment with competitive advantages, investor-friendly climate: Finance Minister
Egypt is opening its doors to increased investment inflows, supported by strong competitive advantages and an enabling, attractive business environment, Minister of Finance Ahmed Kouchouk said. Speaking at a meeting of the Council of the Union of Arab Chambers of
Egypt signs EGP 500m deal with Titan to build three waste treatment facilities in Sharqeya
Egypt’s Acting Minister of Environment Manal Awad and Sharqeya Governor Hazem Al-Ashmouny on Monday witnessed the signing of a contract between Sharqeya and Gaia Titan, the green energy arm of Titan Cement, to establish and operate three municipal solid waste
Egypt’s Military Production Ministry revenues reach 129% of targets with 32% growth rate
Egypt’s Ministry of Military Production achieved a 32 per cent growth rate in the 2024/2025 fiscal year, with revenues reaching 129 per cent of approved targets, Minister of State for Military Production Mohamed Salah announced on Monday. Presiding over the
Egypt jumps 47 places in World Bank’s Digital Government Index, ranks 22nd globally
Egypt has climbed 47 places in the World Bank’s 2025 Digital Government Maturity Index, ranking 22nd globally and consolidating its position among the world’s leading digital governments in Category (A), the index’s highest tier. Egypt achieved a maturity score of
Egypt, Gambia discuss opening first Egyptian medical centre in Banjul
Egyptian Health Minister Khaled Abdel Ghaffar met his Gambian counterpart, Ahmadu Lamin Samateh, on Sunday to discuss expanding bilateral health cooperation, with a focus on establishing Egypt’s first medical centre in Banjul — also the first Egyptian-run facility of its
CBE hosts seminar on regulatory developments with African central banks
The Central Bank of Egypt (CBE) recently organized a seminar on “Current and Emerging Regulatory Developments”, attended by representatives from approximately 23 African central banks, members of the Association of African Central Banks (AACB). The event underscores Egypt’s leading role
Sovereignty and synergy: Egypt maps a new path for African integration
In the quiet corners of the Russian-African Ministerial Conference this weekend, the traditional image of Egyptian diplomacy—often focused narrow-mindedly on the Nile—gave way to something far more expansive. Whether discussing renewable energy tenders in South Africa or the first shipment
Remittances from Egyptians abroad hit $33.9bn in 10M of 2025: CBE
Remittances from Egyptians working abroad recorded unprecedented inflows during the first 10 months of 2025, reaching approximately $33.9bn, compared with around $23.7bn in the same period of the previous year, the Central Bank of Egypt (CBE) announced on Sunday. On