Cairo and Beirut seek deeper economic integration through private sector and infrastructure projects
Cairo and Beirut seek deeper economic integration through private sector and infrastructure projects, according to Egyptian Prime Minister Mostafa Madbouly, as the two nations move to expand a bilateral trade relationship that surpassed $1bn in 2024. Speaking at an economic
PM says Egypt’s non-oil exports expected to reach $48-50bn this year
Egypt expects its non-oil merchandise exports to reach between $48bn and $50bn by the end of the current year, marking a 20% annual growth rate, Prime Minister Mostafa Madbouly said on Wednesday. Speaking at a weekly press conference, Madbouly stated
Cabinet grants golden licenses to MAC, Deli Egypt for EGP 15.1bn in new investments
The Egyptian Cabinet, chaired by Prime Minister Mostafa Madbouly, approved a package of major decisions during its 71st meeting, underscoring efforts to localise industry, attract foreign investment, expand clean energy, and support regional development. Chief among the approvals was the
Chemical industries investments in Egypt to reach $1.8bn in 2026-2027: Export Council
Egypt’s Chemicals and Fertilizers Export Council, chaired by Khaled Abou El Makarem, is preparing a comprehensive memorandum to be submitted to Prime Minister Mostafa Madbouly before 15 January, proposing a set of executive measures to stimulate industrial investment, expand production
MSMEDA signs EGP 300m financing agreement with Reefy
The Micro, Small and Medium Enterprise Development Agency (MSMEDA) has signed a financing agreement worth EGP 300m with Reefy Microfinance Enterprise Services to support micro enterprises across Egypt. The agreement was signed by Mohamed Medhat, Deputy CEO of MSMEDA, and
Egypt, Italy’s Eni discuss healthcare partnership to operate two hospitals
Prime Minister Mostafa Madbouly met executives from Italy’s Eni and the San Donato Hospitals Group on Monday to discuss cooperation in community development within the healthcare sector, including the management and operation of two hospitals in Cairo and the New
PM Madbouly urges investors to ‘double’ stakes as Egypt trade deficit hits 10-year low
Prime Minister Mostafa Madbouly urged business leaders to “double” their investments in Egypt on Monday, citing the country’s lowest trade deficit in a decade and record non-oil exports as evidence of a “vast and promising” economic climate. Speaking at a
Qatar’s Al Mana Holding to invest $200m in Egypt sustainable aviation fuel plant
Qatar’s Al Mana Holding signed a contract on Sunday to invest $200m in a sustainable aviation fuel (SAF) production plant in the Suez Canal Economic Zone (SCZONE), marking the first Qatari industrial investment in the zone. The project, which will
Madbouly inspects Decent Life development projects in Qalyubeya
Prime Minister Mostafa Madbouly conducted an inspection tour of several development projects implemented under the presidential Decent Life (Decent Life) initiative in villages of Shebin El-Qanater, Qalyubeya, as part of the government’s ongoing efforts to improve living standards and public
Egypt reports sharp drop in waste burning incidents during autumn 2025
Egypt recorded a significant decline in open burning incidents to 1,116 points during the autumn of 2025 compared to 3,490 the previous year, while the collection of rice straw rose to 2.7 million tonnes, Minister of Local Development and Acting