Egypt, Syria explore energy cooperation to support recovery of Syrian oil sector
Egypt’s Minister of Petroleum and Mineral Resources, Karim Badawi, held talks with Syria’s Minister of Energy, Mohammad Al-Bashir, during a visit to the United States, exploring opportunities to expand bilateral cooperation in the oil and gas sector and support the
Egypt launches commercial trial operations at Safaga 2 Multipurpose Terminal
Egypt’s Minister of Transport, Kamel Al-Wazir, witnessed the launch of commercial trial operations at the new Safaga 2 Multipurpose Terminal, marking a significant milestone in the country’s strategy to position itself as a regional hub for transport, logistics, and transit
FEI’s Precious Metals Division establishes export committee to drive gold, jewelry exports
The Gold and Precious Metals Division of the Federation of Egyptian Industries (FEI) has announced the formation of a specialised export committee as part of efforts to support the government’s strategy of boosting industrial exports and expanding the international presence
Egypt, World Bank discuss financing for water security, climate adaptation projects
Egypt’s Minister of Water Resources and Irrigation, Hani Sewilam, held talks with World Bank officials on strengthening cooperation in water management, climate adaptation, and sustainable development, as the country continues to face mounting pressure on its limited water resources. According
Egypt targets 4.8-5.2% economic growth in FY 2026/27, rising to 6.8% by 2030: Rostom
Egypt’s Minister of Planning and Economic Development, Ahmed Rostom, said the government is targeting economic growth of between 4.8% and 5.2% in fiscal year 2026/27, adopting a cautious approach amid ongoing regional instability and global economic uncertainty, while laying the
Egypt aims to double exports to $100 bn by 2030, announces digital industrial platform: Hashem
Egypt is targeting an increase in annual exports from $48bn to $100bn by 2030 through a new strategy that includes launching an integrated digital B2B platform to connect local manufacturers and integrate them into global supply chains, the Minister of
Egypt completes fourth national climate report, prepares updated climate commitments
Egypt has completed the final version of its Fourth National Communication on climate change and its first Biennial Transparency Report, marking a significant step in fulfilling its international climate commitments and strengthening its climate governance framework. Minister of Local Development
Egypt urges swift US-Iran agreement to avert wider regional escalation
Egypt has called for the swift conclusion of an agreement between the United States and Iran, warning that continued tensions in the Middle East risk exacerbating the region’s security, economic, and geopolitical challenges amid growing fears of a broader conflict.
Alcazar Energy secures $420m deal to manage Egypt’s Gabal El Zeit wind farm
Egypt signed investment, operation, and power purchase agreements worth $420m with Alcazar Energy for the 580-megawatt (MW) Gabal El Zeit wind power plant, the government said on Monday. The agreements, signed in the presence of Prime Minister Mostafa Madbouly, grant
Madbouly opens industrial expansions in automotive, pharmaceutical, and food sectors
Prime Minister Mostafa Madbouly highlighted Egypt’s accelerating industrial development agenda during a tour of major manufacturing facilities in 6th of October City, where he inaugurated new production lines and reviewed expansion projects in the automotive, pharmaceutical, and food industries. The