Supply minister, TMT discuss introducing French retail chain Monoprix to Egyptian market
The Minister of Supply and Internal Trade, Sherif Farouk, held a meeting with officials from TMT for Multi Trading & Distribution (TMT), a leader in the management and operation of modern retail chains and the operator of Circle K branches
Strong information infrastructure key to smart investment, accelerated digital transformation: Planning minister
Ahmed Rostom, Minister of Planning and Economic Development, inspected the Information Infrastructure Centre for the Egyptian Planning System, affiliated with the ministry, accompanied by Mohamed Hindi, Acting Executive Director of the centre, to review workflow and assess the progress of
Fiscal, monetary policy coordination key to curbing inflation: Planning Minister
Minister of Planning and Economic Development Ahmed Rostom said the government is developing forward-looking scenarios to curb inflation through close coordination between fiscal and monetary policies, while promoting local manufacturing and import substitution. He made the remarks during a meeting
Planning Ministry holds first session of ‘Business Clinic’ to support start-ups, address operational challenges
The Egypt Entrepreneurship and Innovation Centre, affiliated with the National Institute for Governance and Sustainable Development, held the first session of the “Business Clinic” initiative, which operates under the umbrella of the Ministry of Planning and Economic Development, in coordination
Planning Minister reviews NI Consulting strategy to support public, private sectors
Ahmed Rostom, Minister of Planning and Economic Development and Chairperson of the National Investment Bank (NIB), held a meeting with Ashraf Negm, Deputy Chairperson and Managing Director of the bank, and Ahmed Saad, Chief Executive Officer of NI Consulting and
ROX ESI Egypt to manufacture new-energy vehicles for domestic, export markets
Egypt has taken another step toward becoming a regional hub for advanced automotive manufacturing after the launch of a strategic partnership between Ezz Elarab Elsewedy Investments (ESI) and global new-energy vehicle manufacturer ROX Motor to establish ROX ESI Egypt and
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
EU to mobilise up to €25bn for renewables, clean tech by 2035 through Pact for Mediterranean
The European Union (EU) has unveiled an ambitious new initiative aimed at accelerating the green energy transition across the Mediterranean region, with plans to mobilise up to €25bn in investments by 2035. The initiative, known as the Trans-Mediterranean Renewable Energy
MSMEDA injects EGP 2.2bn to finance 54,000 projects in Menoufeya: CEO
Bassel Rahmy, CEO of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), announced that the agency injected EGP 2.2bn in financing into Menoufeya between July 2014 and April 2026. The funding supported medium, small and micro enterprises, as well
Economic Ministerial Group reviews IMF reform programme, approves updated State Ownership Policy
Egypt’s Prime Minister Mostafa Madbouly chaired a meeting of the Economic Ministerial Group in the New Administrative Capital to review key economic priorities, including progress under Egypt’s reform programme with the International Monetary Fund (IMF), inflation developments, investment reforms, and