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
Government addresses challenges with clarity, decisiveness: Minister of Planning
Ahmed Rostom, Minister of Planning and Economic Development, met with Chitose Noguchi, Resident Representative of the United Nations Development Programme in Egypt, to explore opportunities for joint cooperation in energy, digital transformation, and data systems development in support of sustainable
Egypt to add 2,500 MW of renewable energy in 2026
Egypt plans to add 2,500 megawatts of renewable energy capacity to its national grid in 2026, the presidency announced Tuesday, as part of efforts to strengthen electricity stability and reduce reliance on fossil fuels. The statement followed a meeting
Indorama to invest $525m in Egypt fertiliser plant targeting 80% exports
Indorama Egypt Fertilisers has signed a contract to establish a new phosphate fertiliser plant in the Suez Canal Economic Zone (SCZONE) with a first-phase investment of $525m, targeting 80% of its production for export. The agreement, witnessed by Prime Minister
PM Madbouly reviews UPA finances, prioritises settlement of supplier dues
Egypt’s Prime Minister Mostafa Madbouly held a meeting on Tuesday to review the financial position of the Egyptian Authority for Unified Procurement, Medical Supply and Technology Management (UPA), alongside progress in settling outstanding dues to supplier companies. Madbouly reaffirmed the
Egypt, Morocco sign wide-ranging cooperation deals on investment, industry and taxation
Egypt and Morocco signed a series of agreements on Monday spanning industrial cooperation, investment, and the avoidance of double taxation to strengthen bilateral relations, the Egyptian cabinet said. Egyptian Prime Minister Mostafa Madbouly and his Moroccan counterpart Aziz Akhannouch witnessed
Al-Sisi calls for tighter inflation control, flexible exchange rate policy
Egyptian President Abdel Fattah Al-Sisi on Monday called for sustained efforts to curb inflation and maintain a flexible, unified exchange rate, while ensuring sufficient foreign currency availability to support economic activity. During a meeting with Prime Minister Mostafa Madbouly and
Egypt targets 5 million tonnes of local wheat as strategic reserves reach six-month level
Egypt is targeting the procurement of 5 million tonnes of domestic wheat during the current harvest season as part of a broader strategy to strengthen food security, Supply and Internal Trade Minister Sherif Farouk said on Sunday. The minister stated