Egypt - Page 2
54 articles
Egypt and Libya Plan Permanent Egyptian Product Expo in Benghazi
Egypt and Libya are advancing plans for a permanent exhibition of Egyptian products in Benghazi, aiming to deepen industrial, commercial, and investment ties and position Libya as a regional trade hub for North and Central Africa.
Egypt weighs solar expansion and green finance in local development
Egypt's government is considering a broader rollout of solar power and energy-efficiency technologies across agriculture, industry and services, aiming to cut energy use and emissions. Officials are also exploring green finance and community-led initiatives.
Egypt to Digitise Groundwater Well Licensing and Expand Solar Pumping
Egypt's Ministry of Water Resources and Irrigation will introduce a nationwide electronic licensing system for groundwater wells, aiming to improve oversight, promote modern irrigation, and accelerate the shift to solar-powered pumping amid rising water stress.
Al-Sisi Orders Sweeping Review of Real Estate and Utility Oversight
President Abdel Fattah el-Sisi has directed a comprehensive review of real estate contracts, electricity billing, and market controls, aiming to strengthen accountability and improve living conditions across Egypt. The measures signal a push for greater transparency and stricter enforcement.
Egypt contains oil spill after South Sinai pipeline leak
Egyptian authorities have contained a crude oil spill stretching three kilometres off Ras Badran near Abu Redis in South Sinai, after identifying and repairing a pipeline leak. Environmental monitoring and legal action are ongoing to assess damage and accountability.
Egypt Plans 'Qeema' Certificate to Tie Industrial Incentives to Performance
Egypt's Ministry of Industry is considering a new 'Qeema' Certificate system that would link government incentives for industrial firms to their performance, aiming to deepen local manufacturing and improve the effectiveness of Egypt's product preference policy.
Egypt aims to double oil and condensate output with $4bn refinery push
Egypt has unveiled a five-year strategy to double its crude oil and condensate production, backed by over $4bn in refinery investments. The plan seeks to modernise the sector, attract foreign investment, and reinforce Egypt's role as a regional energy hub.
Egypt's FRA suspends consumer finance firm after unauthorised school loans
Egypt's Financial Regulatory Authority has suspended a consumer finance company, revoked its CEO's licence, and initiated criminal proceedings after the firm exploited parents' data to issue unauthorised loans for school fees, raising regulatory and consumer protection concerns.
Egypt, China advance pesticide production localisation and technology transfer
Egypt's Ministry of Agriculture and China's ICAMA are deepening cooperation to localise pesticide manufacturing, transfer technology, and build regulatory capacity, aiming to boost Egypt's self-sufficiency and support sustainable agricultural development.
MSMEDA and Startup Egypt sign deal to boost startup support
Egypt's MSMEDA has signed a memorandum of understanding with Startup Egypt to expand technical and financial support for startups, aiming to strengthen the entrepreneurship ecosystem and improve access to resources for early-stage businesses.
Egyptian Industry Minister Reviews Key Manufacturing Sites in Damietta
Egypt's Industry Minister Khaled Hashem and Damietta Governor Hossam El-Din Fawzi toured major factories in Damietta, highlighting government efforts to deepen local manufacturing, support exports, and strengthen Egypt's industrial base in furniture, fertilizers, and textiles.
Egypt's Investment Risk Rating Hits Lowest Level Since 2014
Egypt's investment risk rating has dropped to its lowest point in a decade, according to Finance Minister Ahmed Kouchouk, as international investors respond positively to recent economic reforms and renewed private sector growth.
Gold Prices in Egypt Surge 5.8% Amid Currency Pressure
Egyptian gold prices climbed 5.8% last week, reaching an 11-week high as global gold rallied and the Egyptian pound weakened against the US dollar. The move reflects both international market dynamics and shifting local demand.
Egypt Targets Two-Day Customs Clearance to Boost Trade Efficiency
Egypt's Ministry of Investment and Foreign Trade is working to cut average customs clearance times from 16 days to just two, aiming to strengthen the competitiveness of Egyptian exports and improve supply chain efficiency through digitalisation and regulatory reforms.
Egypt Highlights 10 New Industrial Complexes to Attract Investment
Egypt's government is promoting ten ready-to-operate industrial complexes in Upper Egypt, offering tax incentives, improved logistics, and workforce development to attract both local and foreign investors and drive regional economic growth.
Leadership Transition at Suez Canal Economic Zone
Egypt's Prime Minister Mostafa Madbouly has overseen the formal handover of the Suez Canal Economic Zone's leadership from Waleid Gamal El-Din to Mostafa Sheikhoun, marking a new phase for the strategic logistics and industrial hub.
Egypt plans climate action for Qena and Kafr El-Sheikh to 2035
Egypt's Ministry of Local Development and Environment is preparing climate action plans for Qena and Kafr El-Sheikh governorates through 2035, aiming to integrate adaptation and emissions-reduction projects into local development and attract international climate finance.
Egypt's Top 10 Developers Reach EGP 670bn in H1 2026 Sales
Egypt's leading real estate developers posted EGP 670bn in combined sales for H1 2026, a 2.9% increase year-on-year, even as unit sales declined, highlighting the impact of rising property prices on the market.
Egypt to Launch Major Upgrade of Agricultural Drainage Networks
Egypt is preparing a national programme to construct, rehabilitate and replace subsurface drainage networks across 1.4 million feddans, aiming to modernise water management and support agricultural productivity through digital systems.
Atef Abdel Latif: Cinema and Tourism as Egypt's Soft Power
Dr. Atef Abdel Latif, with over 40 years in tourism, media, and film, argues that integrating cinema and tourism can project Egypt's authentic image globally, drive economic growth, and position the country as a premier destination for both visitors and international productions.
Forbes International Tower in Egypt Sets 2030 Net-Zero Carbon Target
The planned Forbes International Tower in Egypt's New Administrative Capital aims to achieve net-zero carbon emissions by 2030 and secure LEED Platinum certification, positioning the project as a regional model for sustainable urban development.
Egypt's Central Bank Expected to Hold Rates as Inflation Rises
The Central Bank of Egypt is widely expected to keep its key interest rates unchanged for a fourth consecutive meeting, as policymakers weigh persistent inflationary pressures and a resilient external position amid regional uncertainties.
Egypt launches $658m phosphoric acid complex to boost mining exports
Egypt has begun construction of a $658m phosphoric acid complex in the New Valley Governorate, aiming to process local phosphate ore for export and generate foreign currency. The project marks a shift toward higher-value mineral processing.
Egypt issues regulatory framework for short selling on EGX
Egypt's Financial Regulatory Authority has approved a comprehensive framework for short selling on the Egyptian Exchange, introducing new risk controls and operational requirements as part of broader capital market reforms.
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