Egypt, EU strengthen renewable energy partnership with €690m grid upgrade package
The European Union and Egypt have taken a major step towards deepening their strategic partnership in renewable energy through a financing package worth up to €690m aimed at modernising and expanding Egypt’s electricity transmission network. The package combines a €600m
EU to mobilise up to €25bn for renewables, clean tech by 2035 through Pact for Mediterranean
The European Union (EU) has unveiled an ambitious new initiative aimed at accelerating the green energy transition across the Mediterranean region, with plans to mobilise up to €25bn in investments by 2035. The initiative, known as the Trans-Mediterranean Renewable Energy
Israel threatens strikes on Beirut as Hezbollah attacks intensify, Iran issues warning
Tensions escalated sharply along the Lebanese-Israeli frontier after the Israeli military issued evacuation warnings for parts of Beirut’s southern suburbs ahead of planned airstrikes. At the same time, Hezbollah intensified rocket and drone attacks against Israeli forces in southern Lebanon,
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 economic trajectory reassuring and balanced, finance minister says
Egypt’s economic trajectory is “reassuring” and maintains a strict balance between stimulating production and exports while ensuring fiscal discipline, Minister of Finance Ahmed Kouchouk said. Speaking at a new round of the Egyptian-European economic dialogue in Cairo, Kouchouk said the
EU approves Egyptian farmed fish and crustacean exports
Egypt has been added to the list of countries authorised to export aquaculture products to the European Union for the first time, the National Food Safety Authority (NFSA) announced. The authorisation, which covers finfish, their products, and crustaceans, follows Egypt’s
Egypt’s EGAC secures EU recognition for carbon footprint verification
Egypt’s Egyptian Accreditation Council (EGAC), affiliated with the Ministry of Industry, has extended its international recognition from the European Cooperation for Accreditation (EA) to include carbon footprint verification under ISO 14067 standards. The expanded scope covers certification and verification bodies
Egypt, EU coordinate on 2026-2027 development grants as growth surpasses 5%
Egypt’s economic growth rate exceeded 5% during the first quarter of the current fiscal year, Planning, Economic Development and International Cooperation Minister Rania Al-Mashat said. The announcement followed the disbursement of a €1bn tranche in January 2026 under the European
EU to disburse €1bn to Egypt on Thursday under Macro-Financial Assistance mechanism
Egypt is scheduled to receive a €1bn disbursement from the European Union this coming Thursday under the Macro-Financial Assistance (MFA) budget support mechanism, according to Minister of Planning, Economic Development and International Cooperation Rania Al-Mashat. The payment follows the government’s
EU to disburse €1bn to Egypt as Al-Sisi, Kallas reaffirm strategic partnership
The European Union will disburse €1bn in macro-financial assistance to Egypt to support its economy and reform agenda, EU High Representative for Foreign Affairs and Security Policy Kaja Kallas said, stressing that Egypt “is and will remain a strategic partner”