Egypt temporarily lists 6 state-owned firms on EGX under IPO programme
Egypt has temporarily listed six state-owned companies on the Egyptian Exchange (EGX), a move aimed at accelerating the government’s initial public offering (IPO) programme and increasing private sector participation in…
Fragile US-Iran ceasefire tested by early violations as Islamabad talks loom
A ceasefire between the United States and Iran has taken effect with broad international support, but early violations and continued hostilities are already casting doubt on its durability ahead of…
EDECS, MEDLOG partner to build landmark Dry Port in 10th of Ramadan City
EDECS, a leading regional engineering and contracting group, and MEDLOG, the global logistics arm of MSC Group, have signed an agreement to launch a major dry port project in 10th…
MSMEDA, Outreach partner to expand non-financial services for entrepreneurs under ‘Orange Corners’
In a move to strengthen cooperation between national development institutions and international partners, the Medium, Small, and Micro Enterprise Development Agency (MSMEDA) has signed a cooperation agreement with Outreach Egypt,…
CBE bars credit facilities for unregistered entities
The Central Bank of Egypt (CBE) has instructed banks not to grant or renew credit facilities to non-banking credit providers unless they are officially registered, assigned a CBE code, and…
Government addresses challenges with clarity, decisiveness: Minister of Planning
Ahmed Rostom, Minister of Planning and Economic Development, met with Chitose Noguchi, Resident Representative of the United Nations Development Programme in Egypt, to explore opportunities for joint cooperation in energy,…
Egypt’s Industry Minister discusses boosting competitiveness of handicrafts sector
Minister of Industry Khaled Hashem held an expanded meeting with Mohamed El-Sewedy, Chairperson of the Federation of Egyptian Industries, and members of the Handicrafts Chamber, headed by Mohamed Sakr, to…
Housing Minister meets MPs to discuss citizens’ demands, development priorities
Egypt’s Minister of Housing, Utilities and Urban Communities, Randa El-Menshawy, met with members of the House of Representatives to review citizens’ demands and discuss key development files, joined by senior…
Egypt urges global unity to confront antimicrobial resistance at One Health Summit
Egypt’s Health Minister Khaled Abdel Ghaffar called for stronger international cooperation to combat antimicrobial resistance (AMR), stressing that the challenge demands integrated action across health, environmental, and agricultural sectors. …
BP announces new offshore gas discovery in Egypt’s Eastern Mediterranean
BP has announced a new gas discovery in the Eastern Mediterranean, offshore Egypt, following the successful drilling of the El-Dennis West-1 exploration well in the El-Tamsah concession area. The El-Dennis…