Egypt allocates EGP 90bn in new budget to boost production, exports and entrepreneurship
Egypt’s Finance Minister Ahmed Kouchouk announced that EGP 90bn has been earmarked in the 2026/2027 fiscal year budget to expand programmes supporting production, exports, and entrepreneurship. Kouchouk said the allocations…
Al-Sisi calls for enhancing global competitiveness of Egyptian universities
Egyptian President Abdel Fattah Al-Sisi has called for strengthening the global competitiveness of Egyptian universities and expanding international academic partnerships as part of broader efforts to position Egypt as a…
Egypt condemns Israeli incursion into Southern Lebanon as regional tensions escalate
Egypt on Sunday strongly condemned Israel’s expansion of ground operations in southern Lebanon, describing the Israeli army’s crossing of the Litani River and advance into areas north of the river…
Communications minister reviews Concentrix Egypt expansion plans, digital skills cooperation
Egypt’s Minister of Communications and Information Technology, Raafat Hindi, held talks with Amr Sobhy, Chairperson of Concentrix Egypt, to discuss the company’s expansion plans in the Egyptian market, efforts to…
FRA cuts MCDR fees to boost digital real estate investment platforms
Egypt’s Financial Regulatory Authority (FRA) has issued a new decision reducing the fees charged by Misr for Central Clearing, Depository and Registry (MCDR) for all participants operating within digital platforms…
Egyptian pound strengthens, gold prices fall 2.7% in May
Gold prices in Egypt fell sharply in May 2026, weighed down by a stronger Egyptian pound and weaker global bullion markets, according to the Gold and Precious Metals Division at…
Egyptian archaeologists unearth rare Aphrodite head, Roman basilica remains at Ihnasya
An Egyptian archaeological mission from the Supreme Council of Antiquities (SCA) has uncovered a series of significant discoveries at the ancient site of Ihnasya (Heracleopolis Magna) in Beni Suef, offering…
Egypt to roll out Newborn Care Pathway nationwide on June 1
Egypt’s Health Ministry announced it will launch a nationwide “Newborn Care Pathway” programme through primary healthcare units and centres starting June 1, 2026, as part of efforts to strengthen maternal…
Madinet Masr reports EGP 682.5m net profit in Q1 2026 amid strong deliveries, cash collections
Madinet Masr announced its standalone financial results for the first quarter (Q1) of 2026, reporting resilient profitability, strong cash generation, and accelerated project deliveries despite a normalization in market demand…
‘Housing for All Egyptians’ nears one million affordable homes with EGP 110bn in financing, subsidies
Egypt’s presidential Housing for All Egyptians initiative is approaching a landmark milestone of one million affordable housing units, further cementing its status as the largest housing programme for low- and…