Industry minister reviews ABB Egypt’s expansion plans, backs growth in electrical manufacturing
Egypt’s Minister of Industry, Khaled Hashem, met with Ahmed Hammad, Chairperson of ABB Egypt, to review the company’s expansion plans in the Egyptian market and discuss its role in supporting national development projects, reaffirming the government’s commitment to strengthening Egypt’s
Egypt settles oil partners’ arrears, paving way for renewed crude output growth
Egypt has fully settled outstanding dues owed to oil and gas investment partners, restoring investor confidence and helping the country’s crude oil production return to a growth trajectory after years of decline, Minister of Petroleum and Mineral Resources Karim Badawi
Egypt, Türkiye wrap up ‘Anatolian Eagle 2026’ air drills with Azerbaijan, NATO participation
Egypt and Türkiye have concluded the joint air exercise “Anatolian Eagle 2026” at a Turkish air base following several days of intensive training involving the air forces of Egypt, Türkiye, and Azerbaijan, alongside a NATO airborne early warning aircraft. The
CBE to decide fate of EGP interest rates tomorrow
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) is set to hold its fourth scheduled meeting of the year on Thursday to decide the future of the central bank’s key policy rates, which serve as a
MSMEDA, Tamweely sign EGP 350m agreements to finance 3,000 micro-enterprises
Bassel Rahmy, Chief Executive Officer of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), and Ahmed Khorshid, Chief Executive Officer, Managing Director and Deputy Chairman of Tamweely Financial Services, have signed two financing agreements under which MSMEDA will provide
Egypt prioritises maximising state assets, expanding private sector partnerships: Military production minister
Salah Gamblat, Minister of State for Military Production, said the state, under the leadership of President Abdel Fattah Al-Sisi, places great importance on maximising the value of its assets and industrial capabilities, localising industry, and strengthening partnerships with the private
Egypt reviews pharmaceutical strategy, steps up localisation of biologic medicines
Egypt’s Minister of Health and Population, Khaled Abdel Ghaffar, chaired the 17th meeting of the Egyptian Drug Authority’s (EDA) board on Monday to review strategic measures aimed at strengthening the pharmaceutical sector, expanding domestic production and enhancing the country’s regulatory
Al-Sisi orders annual nationwide crisis drills to boost emergency readiness
Egyptian President Abdel Fattah Al-Sisi called for nationwide crisis and disaster simulation exercises to be conducted at least once or twice a year, saying regular preparedness and greater public awareness are essential to strengthening the country’s ability to respond effectively
Egypt bow out of World Cup with heads held high after five-goal thriller against champions
A valiant and deeply inspiring performance from Egypt fell just short of a historic World Cup upset on Tuesday, as defending champions Argentina clawed back from two goals down to snatch a heartbreaking 3-2 victory in stoppage time at the
PM Madbouly reviews progress of Ras El Hekma megaproject with Modon Holding
Egyptian Prime Minister Mostafa Madbouly met with Jassem Al Zaabi, Chairperson of Modon Holding, to review progress on the implementation of the Ras El Hekma megaproject on Egypt’s northwestern Mediterranean coast. The meeting, held at the government headquarters in the