Egypt to provide EGP 90bn in financing facilities for key sectors at interest rates below 15% this fiscal year
Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel Al-Wazir, together with Minister of Finance Ahmed Kouchouk, announced the continuation of the government’s initiative to support industrial, agricultural, and renewable energy sectors, aimed at encouraging the
Egypt presents ‘new economic narrative’ focused on real economy at G-24 meeting
Egypt has outlined its new economic reform programme, “Egypt’s Narrative for Economic Development,” which focuses on the real economy and empowering the private sector, its planning minister said during the IMF and World Bank annual meetings in Washington. In a
Egypt explores cooperation with Chinese firms to advance robotic surgery
Egypt’s Ministry of Health announced on Wednesday that Deputy Prime Minister and Minister of Health Khaled Abdel Ghaffar met with representatives of Chinese medical technology companies TechnoWave and Medbot to discuss potential cooperation in developing robotic surgery in Egypt. According
Al Ismaelia launches award-winning ‘TamaraHaus’ in Downtown Cairo revival
Real estate developer Al Ismaelia has launched TamaraHaus, a restored early 20th-century Neo-Renaissance landmark in Downtown Cairo that has been reimagined as a new hub for culture, design, and hospitality. The project, operated by Alchemy Experience, was recently awarded the
KONE: Revolutionizing Vertical Journeys in Egypt’s Smart Urban Era
KONE, the global leader in the elevator and escalator industry, is at the forefront of shaping the future of urban mobility. As cities rise and evolve, KONE is driving a transformation that goes beyond height; it’s about how people move,
FATF recognises Egypt’s experience as model for advancing financial inclusion within AML/CFT frameworks
The Financial Action Task Force (FATF) has recognised Egypt’s pioneering experience—led by the Central Bank of Egypt (CBE)—as an international best practice in promoting financial inclusion while ensuring compliance with anti-money laundering and counter-terrorist financing (AML/CFT) standards. Egypt’s experience was
Egyptian youth entrepreneur transforms fish waste into marine collagen
At just 25, Egyptian entrepreneur Ahlam Fathy is leading a new wave of green innovation by transforming fish waste into valuable marine collagen — turning an environmental challenge into an economic opportunity. Fathy, a graduate in Fisheries and Marine Resources
Egypt launches first national beverage carton recycling campaign with global partners
Egypt’s Ministry of Environment, under the patronage of Manal Awad, Minister of Local Development and Acting Minister of Environment, has launched the nation’s first-ever campaign to recycle used beverage cartons (UBC), in collaboration with the Waste Management Regulatory Authority (WMRA)
Egypt calls for fair climate finance, placing water at heart of global investment
Egypt’s Minister of Water Resources and Irrigation, Hani Sewilam, has called on the international community to place the water sector at the centre of global climate finance strategies, stressing that investing in water is synonymous with investing in climate adaptation,
Egypt to drill 480 new exploration wells worth $5.7bn over five years: Petroleum Minister
Petroleum and Mineral Resources Minister Karim Badawy has unveiled Egypt’s new five-year plan for oil and gas exploration, which envisions drilling around 480 new exploration wells with total investments exceeding $5.7bn. According to the plan, 101 wells will be drilled