Egypt launches new incentives to support distressed industrial projects
The Ministry of Industry has announced a new package of grace periods and incentives aimed at supporting distressed industrial projects that have exceeded their approved implementation timelines, as part of the government’s efforts to accelerate production, protect manufacturers, and maximise
Egypt’s FRA allows brokerage services to be marketed via e-payment apps
Egypt’s Financial Regulatory Authority (FRA) has authorised securities brokerage firms to market their services through electronic payment applications and other digital platforms for the first time, according to a statement issued by the regulator on Saturday. The move, approved by
Egypt launches startup charter targeting $1bn in investment over five years
Egypt launched its first national “Startup Charter” on Saturday, seeking to mobilise $1bn in financing over five years and create approximately 500,000 direct and indirect job opportunities. The charter, unveiled by Prime Minister Mostafa Madbouly and Minister of Planning, Economic
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Egypt, Sweden discuss expanding healthcare cooperation, digital transformation
Egypt’s Minister of Health and Population Khaled Abdel Ghaffar met a delegation of Swedish healthcare company representatives, led by Sweden’s Minister for Health Elisabeth Laan, to explore ways to strengthen bilateral cooperation and expand healthcare and investment partnerships, the health
IFC to invest $1.2bn in Egypt during FY2026
The International Finance Corporation (IFC) plans to invest around $1.2bn in Egypt during the current fiscal year 2026, up from $915m in the previous fiscal year, according to Cheick Oumar Sylla, IFC Director for North Africa and the Horn of
Egypt discusses water infrastructure projects, Kitchener Drain development with EBRD
Egypt’s Minister of Water Resources and Irrigation Hani Sewilam met officials from the European Bank for Reconstruction and Development (EBRD) on Wednesday to discuss strengthening cooperation on water and sustainable infrastructure projects, the ministry said. The meeting was attended by
Al-Sisi, Erdogan elevate ties with new agreements, target $15bn in trade exchange
Egyptian President Abdel Fattah Al-Sisi received his Turkish counterpart Recep Tayyip Erdogan in Cairo on Wednesday, where the two leaders co-chaired the second meeting of the High-Level Strategic Cooperation Council between Egypt and Türkiye, signing a joint statement and a
GAFI participates in Egypt-Türkiye Business Forum to boost economic partnership
Mohamed El-Gawsaky, CEO of the General Authority for Investment and Free Zones (GAFI), said Egypt offers a strong and stable investment environment, supported by comprehensive economic reforms and clear policies aimed at streamlining procedures, reducing costs, enhancing transparency and facilitating