Egypt marks International Nurses Day, reaffirms support for healthcare workers
Egypt’s Health Ministry highlighted the importance of investing in nursing staff and expanding training programs during celebrations marking International Nurses Day, held under the slogan “Supporting nurses saves lives.” Health Minister Khaled Abdel Ghaffar emphasized that nursing staff represent one
Egypt to rebrand supply outlets into ‘CARRY ON’ franchise chain, offering youth financing
Egypt’s Ministry of Supply and Internal Trade has signed an agreement with the Micro, Small and Medium Enterprises Development Agency (MSMEDA) to transform existing state-subsidised supply outlets into a unified commercial franchise chain operating under the new brand “CARRY ON”,
Egypt targets 5.4% economic growth, EGP 3.7trn investments in FY 2026/27 plan
Egypt is targeting an economic growth rate of between 5.2% and 5.4% and total investments of EGP 3.7trn for the fiscal year (FY) 2026/27, with private investments accounting for the majority of the planned expenditure, the Minister of Planning and
APPO to launch African training platform by year-end as Egypt proposes June ministerial summit
The African Petroleum Producers’ Organisation (APPO) will launch a continent-wide training platform by the end of the year, its secretary-general announced during talks where Egypt proposed hosting an APPO ministerial session on the sidelines of the African Union’s mid-year coordination
Egypt’s Damietta Port receives its largest bulk cargo of 144,780 tonnes on YANG FAN vessel
Damietta Port received the Panama-flagged bulk carrier YANG FAN carrying 144,780 tonnes of bulk slag from China, marking the largest bulk cargo load handled by the port since its establishment. Arriving from Singapore, the bulk carrier measures 289 metres in
Beltone Venture Capital, Citadel International exit Bosta with 75% IRR
Beltone Venture Capital and UAE-based Citadel International Holdings have announced the successful exit of their joint investment in logistics startup Bosta, achieving an internal rate of return (IRR) of 75%. The transaction represents the fifth successful exit for Beltone Venture
Madbouly tours major factories, reinforces push to localize industry, expand exports
Prime Minister Mostafa Madbouly conducted an extensive tour of several industrial facilities in 6th of October City and El Sadat City, reaffirming Egypt’s commitment to strengthening local manufacturing, increasing domestic content, and attracting global investment across strategic sectors including automotive,
Egypt closely monitors hijacked tanker carrying Egyptian crew near Somalia
Egypt’s Foreign Ministry announced on Monday that it is closely following the hijacking of the oil tanker M/T Eureka, which was carrying eight Egyptian sailors. The vessel was reportedly seized in Yemeni territorial waters and taken toward Somali waters near
Egypt targets 70% wheat self-sufficiency by 2030 as EU-backed project aims to curb crop losses
Egypt aims to boost its wheat self-sufficiency to 70% by 2030 as domestic production nears 10 million tonnes this season, bolstered by an EU-backed mechanisation initiative targeting 400,000 farmers to heavily reduce harvest losses, Agriculture and Land Reclamation Minister Alaa
Egypt’s Investment Minister appoints Mohamed Ayyad as Assistant Minister for Strategic Communication
Egypt’s Minister of Investment and Foreign Trade Mohamed Farid Saleh, has appointed Mohamed Ayyad as Assistant Minister for Promotion and Strategic Communication under Decision No. 198 of 2026, tasking him with attracting foreign investment and enhancing the country’s economic competitiveness.