Venezuelan President Nicolás Maduro and his wife, Cilia Flores, appeared before a New York federal judge on Monday to face narco-terrorism and drug trafficking charges following a unilateral US military operation that prompted President Donald Trump (...)
Egypt has identified 80 specific measures to overhaul the entrepreneurship environment and boost investment in startups following a year-long review of the sector, Minister of Planning, Economic Development and International Cooperation Rania (...)
The Financial Regulatory Authority (FRA) has launched the first integrated digital payment network for the non-banking financial sector as a central platform for the secure and unified digital settlement of financial dues.
The network, established (...)
Turkish company Eroglu Moda Tekstil has signed an agreement to establish a $5.6m (EGP 265m) ready-made garment factory in the West Qantara Industrial Zone, targeting the export of 95% of its annual production to global markets.
Waleid Gamal El-Dein, (...)
Egypt's real GDP growth is projected to reach around 5% in fiscal year (FY) 2025/2026 and 5.3% in FY 2026/2027, before accelerating to 6.2% by FY 2029/2030, according to the Ministry of Finance.
In its Medium-Term Fiscal Strategy covering FY (...)
Egypt's Ministry of Industry has unveiled a new package of investment incentives aimed at encouraging the establishment of factories producing cold-rolled, galvanised, and pre-painted steel sheets and coils, which are regarded as key inputs for a (...)
The Financial Regulatory Authority (FRA) has issued a decision establishing a dedicated register for companies that provide technology-driven risk assessment systems for non-banking financial activities, marking a significant step in regulating the (...)
Egypt's Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, conducted an inspection tour to review progress on phase two of the Bus Rapid Transit (BRT) project and ongoing works under the second (...)
Egypt's Ministry of Health and Population is preparing a joint feasibility study with Philips to localise the manufacturing of CT scan machines, the ministry announced on Monday.
Khaled Abdel Ghaffar, Deputy Prime Minister for Human Development and (...)
The African World Heritage Fund (AWHF) facilitated the registration of four new African heritage sites on the UNESCO World Heritage List during the last six months, officials announced during board meetings hosted by Egypt.
The 38th session of the (...)
Egypt and Saudi Arabia on Monday agreed to intensify political consultation and coordination to address escalating regional challenges, affirming a unified stance on resolving conflicts in Gaza, Sudan, Yemen, and Somalia.
The agreement followed (...)
Minister of Housing, Utilities and Urban Communities Sherif El-Sherbiny held a meeting to review progress on ongoing works at the site designated as an alternative location for the Samla and Alam Al-Roum areas, as well as to assess the current (...)
Algeria's Condor Group has officially launched its brand in the Egyptian market, marking a new phase in its regional expansion strategy focused on investment, partnerships, and local manufacturing, rather than exports alone.
The announcement was (...)
Egyptian Foreign Minister Badr Abdelatty conducted an intensive round of diplomatic outreach on Sunday, holding high-level talks with counterparts in Ankara, Islamabad, Muscat, and Kuwait City to coordinate a regional response to the escalating (...)
Egyptian Prime Minister Mostafa Madbouly said on Sunday that national occasions represent a great opportunity to demonstrate love and closeness between the people of one nation, during a visit to St. Mark's Coptic Orthodox Cathedral in Abbasiya to (...)
Egypt is targeting 30 million tourists annually following a record 19 million arrivals last year, Prime Minister Mostafa Madbouly said on Sunday during a meeting to review measures for facilitating entry procedures and improving the visitor (...)
Egypt's real estate sector is shifting decisively from regulatory debate to enforcement, as government authorities, parliament, and market stakeholders converge on the activation of escrow accounts as a central mechanism to restore discipline, (...)
Sky Abu Dhabi Developments has announced the commencement of unit deliveries for Phase One of its Residence 8 project in Egypt's New Administrative Capital, marking the company's first residential handover in the local market and in line with the (...)
Lazura Developments has announced the launch of its latest real estate project, Lazura New Cairo, in New Cairo, marking the first project to be officially introduced to Egypt's real estate market at the start of 2026, with total investments (...)
MRB Holding, a facility management and retail operations consultancy, has announced the launch of the first phase of the District 9 commercial project in 6th of October City, developed by NEXT Developments, coinciding with the opening of Carrefour (...)
Prime Living Developments has announced an expansion strategy for 2026, targeting investments exceeding EGP 500m through the development of a portfolio of residential projects across several key locations, including New Heliopolis, New Cairo, Sheikh (...)
AE Media Production (AEMP) reported a strong increase in business activity during 2025, with the company doubling its volume compared to the previous year, according to statements by its management.
Abdelrahman Essam, Chief Executive Officer of (...)
President Abdel Fattah Al-Sisi expressed his aspiration for Egypt to host the FIFA World Cup in the future during a meeting with football's global governing body in Cairo on Sunday.
The visit by the FIFA delegation marks the second stop of the (...)
Egypt's Prime Minister Mostafa Madbouly has appointed Mohamed El-Gawsaky as the executive director of the General Authority for Investment and Free Zones (GAFI) for a one-year term, according to a government statement.
The appointment is part of (...)
Kamel Al-Wazir, Minister of Transport and Minister of Industry and Deputy Prime Minister for Industrial Development, conducted an inspection tour of phase one of Cairo Metro Line 4, as part of the government's ongoing monitoring of national (...)