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 condemns Houthi missile strikes on Saudi airport, affirms support for Yemeni government
Egypt has condemned missile and drone attacks on Saudi Arabia after Houthi rebels in Yemen targeted Abha International Airport, expressing full solidarity with Riyadh amid a dangerous regional escalation. The Houthis said they launched the strikes on Monday in response
Madbouly reviews Egypt’s preparations to host 2027 African Games
Prime Minister Mostafa Madbouly met on Tuesday with Minister of Youth and Sports Gohar Nabil to review preparations for Egypt’s hosting of the 2027 African Games, which will serve as a qualifying event for the Los Angeles 2028 Olympic Games.
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
Al-Sisi reaffirms support for Gulf security as US expands Iran strikes, imposes naval blockade
Egyptian President Abdel Fattah Al-Sisi on Tuesday reaffirmed Cairo’s rejection of any attempt to undermine the security of Bahrain, the Gulf Cooperation Council (GCC) states or any Arab country, stressing that their security is an integral part of Egypt’s national