Egypt’s government fast-tracks EGP 42bn pension payout for 10.2 million citizens via new digital system
Egypt has disbursed EGP 42bn in early June pension payments to 10.2 million beneficiaries ahead of the Eid al-Adha holiday, following the official nationwide launch of its comprehensive digital social insurance system. Major General Gamal Awad, Chairman of the National
Government confirms plans to list four military-owned companies on Egyptian Exchange
The government confirmed its commitment to list several Armed Forces-affiliated companies on the Egyptian Exchange (EGX), including National Company for the Sale and Distribution of Petroleum Products (Wataniya), Silo Foods, ChillOut, and the National Company for Road Construction, Development and
Government plans EGP 2.7trn in local debt issuances in Q3 FY2025/2026
The Egyptian government intends to offer treasury bills, bonds and sukuk worth a combined EGP 2.703trn during the third quarter of fiscal year (FY) 2025/2026, according to data published by the Ministry of Finance. The planned issuances, which will be
Government approves measures to boost tourism investment
Minister of Housing, Utilities and Urban Communities Sherif El-Sherbiny chaired a meeting of the Board of Directors of the Tourism Development Authority (TDA) to review the authority’s work agenda, assess the progress of tourism development projects, and discuss ways to
Government clarifies Al Mana aviation fuel project at Sokhna based on usufruct, not land sale
Egypt has denied claims that it ceded land in the Sokhna integrated zone to Qatar’s Al Mana Holding, clarifying that the company’s sustainable aviation fuel project is based on a usufruct system and remains under full Egyptian sovereignty. The Suez
Government introduces new deadlines, incentives for delayed industrial projects
The Ministry of Industry has announced a new package of extensions and facilitations for delayed industrial projects that have exceeded their prescribed implementation timelines. The decision reflects the Ministry’s commitment to supporting manufacturers, enabling stalled yet serious projects to resume
Egypt accelerates government digitalization efforts
Prime Minister Mostafa Madbouly met on Sunday with Minister of Communications and Information Technology Amr Talaat to assess the progress of key projects led by the ministry. During the meeting, Talaat provided an update on Egypt’s digital transformation initiatives, focusing
Government partnership transforms agricultural waste into sustainable feed, fertilizer
Alaa Farouk, Minister of Agriculture and Land Reclamation, and Yasmine Fouad, Minister of Environment, met to strategize on optimizing agricultural and animal waste for organic feed and fertilizer production. This initiative aims to enhance sustainability and reduce dependence on imported
Government takes steps to stabilize food prices: Madbouly
The Egyptian government is taking measures to increase the supply of goods and stabilize prices following recent hikes, Prime Minister Mostafa Madbouly announced on Sunday. He chaired a meeting with relevant ministers to discuss the situation, emphasizing the government’s commitment
Government attracts more investment, fosters private sector’s role: El-Khatib
Hassan El-Khatib, Minister of Investment and Foreign Trade, said that the government is working to attract more investments and foster the role of the private sector as a major engine of innovation and economic growth. He added that the private