Planning minister chairs National Investment Bank committee meeting

Ahmed Rostom, Minister of Planning and Economic Development and Chairperson of the National Investment Bank (NIB), chaired a meeting of the bank’s Investment Committee. The committee reviewed NIB’s investment portfolio,…

Daily News Egypt

Private sector to account for 59% of total investment in FY2026/27: Planning minister

Ahmed Rostom, Minister of Planning and Economic Development, said on Monday that the government adopted an economic and social development plan for the 2026/27 fiscal year that targets increasing the…

Daily News Egypt

Industry minister discusses Schneider Electric’s expansion plans, local manufacturing strategy

Egypt's Minister of Industry, Khaled Hashem, met with Sebastien Riez, CEO of Schneider Electric for North East Africa and the Levant, to discuss the company's current and future expansion plans…

Daily News Egypt

Farid says Egypt to revamp startup funding, considers new sovereign fund mechanism to bridge financing gap

Egypt is developing its startup financing ecosystem by updating regulations for convertible securities and improving company valuation methodologies, while the Sovereign Fund of Egypt studies a new investment mechanism to…

Daily News Egypt

Standard government contracts, tender documents finalised: Finance minister

Ahmed Kouchouk, Minister of Finance, announced that the government has completed the preparation of all standard procurement documents, including model contracts, tender documents and technical specifications, which will become mandatory…

Daily News Egypt

AOI medical subsidiary secures international ISO certification to boost local manufacturing, exports

The Arab Organization for Industrialization (AOI) announced that its subsidiary, the Arab African Medical Industries Company, has obtained the internationally recognized ISO 13485:2016 certification for medical device quality management systems,…

Daily News Egypt

Arab African Advisers concludes Egypt’s Clusters Regulatory Framework Support project under EU-funded programme

Arab African Advisers has completed the Clusters Regulatory Framework Support project in Egypt, a key pillar of the EU-funded EuroMed Clusters Forward programme. The initiative, implemented by ANIMA Investment Network…

Daily News Egypt

Egypt, Rwanda discuss strengthening cooperation on digital transformation

Raafat Hindi, Egypt’s Minister of Communications and Information Technology, received Paula Ingabire, Rwanda's Minister of ICT and Innovation, to discuss ways of strengthening cooperation between the two countries in the…

Daily News Egypt

Egypt signs protocol with e& to roll out smart meters nationwide

Egypt's Minister of Electricity and Renewable Energy, Mahmoud Esmat, witnessed the signing of a cooperation protocol between the Egyptian Electricity Holding Company (EEHC) and e& to replace conventional electricity meters…

Daily News Egypt

Egypt calls for joint Arab water projects, expands cooperation with Saudi Arabia

Egypt's Minister of Water Resources and Irrigation, Hani Sewilam, called for jointly financed Arab water and climate projects to strengthen regional water security, while holding talks with Saudi officials to…

Mohammed El-Said