Industry minister, automakers discuss localizing car sheet metal production
Egypt’s Minister of Industry and Transport Kamel Al-Wazir has held an extensive meeting with leading steel producers and representatives from automotive and bus manufacturing and assembly companies, as part of…
Al-Sisi ratifies amendments to Old Rent Law
Egypt’s President Abdel Fattah Al-Sisi has ratified Law No. 165/2025, amending certain provisions of Law No. 4/1996 regarding the application of the Civil Code to properties that have never been rented before,…
Egypt’s Foreign Minister discusses Nile water security with Ugandan president
Egyptian Foreign Minister Badr Abdelatty met with Ugandan President Yoweri Museveni in Entebbe on Monday to discuss Egypt's "existential" concerns over its water security and ways to boost bilateral ties,…
Egyptians vote in two-day Senate election with key list unopposed
Polling stations opened across Egypt on Monday for a two-day election for the country's Senate, a vote in which a major political coalition is running uncontested for the 100 seats…
Madbouly reviews progress on carbon border adjustment to boost export competitiveness
Egypt’s Prime Minister Mostafa Madbouly has reviewed the latest developments regarding the Carbon Border Adjustment Mechanism (CBAM), which aims to enhance the competitiveness of Egypt’s national exports by aligning them…
Egypt’s banking sector net foreign assets rise to $14.94bn in June 2025
The Central Bank of Egypt (CBE) announced that net foreign assets held by the country’s banking sector—including both the CBE and commercial banks—increased to $14.941bn (EGP 741.813bn) in June 2025, compared to…
Israeli-imposed starvation, bombardment push Gaza death toll beyond 60,900
The Ministry of Health in Gaza announced on Monday that the death toll from Israel’s ongoing assault on the Strip has reached 60,933, with 150,027 injured since the outbreak of…
Eight days left to benefit from tax relief, warns ETA
The Egyptian Tax Authority (ETA) has reminded taxpayers that only eight days remain to take advantage of the tax relief measures introduced under Law No. 5 of 2025, issued on 12 February…
Electronic public procurement platform nears completion: Kouchouk
Ahmed Kouchouk, Minister of Finance, announced that Egypt’s legal framework for public procurement has earned international recognition in a recent report by the New Development Bank (NDB) of the BRICS…
MSMEDA offers exceptional opportunities to encourage Egyptian expats to invest at home: CEO
Bassel Rahmy, CEO of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), affirmed that the agency is fully committed to supporting Egyptian entrepreneurs living abroad—particularly those with professional expertise…