GENNVAX launches largest regional vaccine manufacturing facility with $150m investment
Egypt has marked a major milestone in its biopharmaceutical development with the laying of the foundation stone for the GENNVAX vaccine manufacturing facility, which is set to become the largest…
Kouchouk says Egypt plans ‘exceptional’ cut to debt levels, lowers medical VAT to 5%
Egypt is targeting an "exceptional" improvement in its budget debt indicators while implementing a second package of tax facilities that includes cutting value-added tax (VAT) on medical equipment to 5%…
Public enterprises record $1bn in exports, 20% revenue growth in FY 2024/25: Minister
Mohamed El-Shimy, Minister of the Public Enterprises Sector, announced that exports by affiliated companies reached approximately $1bn during fiscal year (FY) 2024/2025, with 40% of companies now exporting to international…
GAFI prioritises Start-Up Support Unit, Investor Dispute Settlement Centre: Heiba
Hossam Heiba, Chief Executive Officer of the General Authority for Investment and Free Zones (GAFI), said the Authority places strong emphasis on activating the Permanent Start-up Support Unit and strengthening…
Opinion | Global Storytelling Platforms: How Netflix Shapes Culture and Identity
In December 2025, Netflix officially announced its acquisition of Warner Bros. Discovery, including HBO and HBO Max, in a deal considered one of the largest in the history of global…
Opinion | Conscription and Germany’s Changing Security Mindset
When news circulates about the “return of conscription in Germany”, the headline appears shocking at first glance. In reality, however, it fails to capture the full picture. Berlin has not…
Sanofi introduces new multiple myeloma treatment to Egyptian market
A new treatment option for patients living with multiple myeloma has become available in Egypt following the launch of Sarclisa, marking a significant development in the management of one of…
Egypt moves to roll out ‘green label’ for plastic products to boost circular economy
Egypt has held the first meeting of a committee tasked with rolling out a national “green label” certification system for plastic products and packaging, as part of broader efforts to…
Egypt, Saudi FMs discuss Gaza, Sudan and preparations for Supreme Coordination Council
Egypt’s Foreign Minister Badr Abdelatty held a phone call with his Saudi counterpart Faisal bin Farhan as part of ongoing coordination between the two countries, Egypt’s Ministry of Foreign Affairs…
Egypt begins trial operations at Red Sea Container Terminal as first vessel docks at Sokhna Port
Egypt has launched trial operations at Red Sea Container Terminal No. 1 at Sokhna Port, marking a significant milestone in its strategy to transform national ports into a regional hub…