Egypt concludes five-year OECD policy programme, launches five structural economic reports
Egypt has concluded the first phase of its five-year Country Programme with the Organisation for Economic Co-operation and Development (OECD), launching five major reports aimed at guiding structural economic and institutional reforms, Prime Minister Mostafa Madbouly announced. Speaking at a
Egypt implements 975 projects worth EGP 638bn to advance Sinai development since 2014
Prime Minister Mostafa Madbouly chaired a high-level meeting on Sunday to review executive plans for developing the Sinai Peninsula and boosting investment inflows, as part of the government’s broader strategy to achieve balanced urban growth and strengthen the national economy.
Egypt ends shop closure rules, eyes solar incentives as US-Israeli-Iranian” crisis weighs on regional growth
Egypt has lifted an 11 p.m. mandatory closing time for public shops, commercial centres, and restaurants, and will launch a solar energy incentive initiative for homes and factories, the government announced following a crisis management meeting addressing the economic fallout
Egypt targets 5.4% growth in FY2026/27, rising to 6.8% by 2030: Planning Minister
Minister of Planning and Economic Development Ahmed Rostom told parliament’s plenary session that Egypt’s economy is projected to grow by 5.4% by the end of the fiscal year (FY) 2026/2027, rising to 6.8% by the end of the medium-term plan
Egypt pitches itself as gateway to Middle East, Africa for Finnish investors
Egyptian Prime Minister Mostafa Madbouly has pitched his country as a strategic gateway to the Middle East and Africa for Finnish investors, urging them to explore opportunities in priority sectors such as digital transformation, clean energy, and manufacturing. Speaking at
PM Madbouly reviews fuel financing, stock levels with finance, petroleum ministers
Prime Minister Mostafa Madbouly convened a meeting this morning at the government headquarters in the New Administrative Capital with Finance Minister Ahmed Kouchouk and Petroleum Minister Karim Badawi to review efforts to secure a sufficient and stable strategic stock of
Madbouly inaugurates Sinai plastics factory, reviews transport projects
Egyptian Prime Minister Mostafa Madbouly inaugurated the National Sinai for Plastic Industries (NSPI) factory in Bir El-Abd, as part of a broader tour of development and infrastructure projects across North Sinai, underscoring the government’s commitment to accelerating economic growth in the
Egypt steps up efforts to shield startups, SMEs from global headwinds: MSMEDA chief
Bassel Rahmy, CEO of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), said state entities are working in close coordination to mitigate the impact of global economic challenges on startups and small and medium-sized enterprises (SMEs) in Egypt. He
Egypt to launch ‘child SIM card’ with internet restrictions by mid-2026
Egypt will launch a dedicated “child SIM card” featuring secure internet packages, parental controls, and age-based social media restrictions before 30 June 2026, the cabinet spokesman said, as the government drafts comprehensive legislation to protect minors in the digital environment.
Madbouly, Rosatom chief review progress on El Dabaa nuclear project
Egyptian Prime Minister Mostafa Madbouly met with Alexey Likhachev, Director General of Rosatom, to review the latest developments in the implementation of the El Dabaa Nuclear Power Plant and explore opportunities to expand bilateral cooperation. The meeting was attended by