Economy

Finance Minister: Basic needs, social protection top fiscal agenda

Finance Minister: Basic needs, social protection top fiscal agenda

Minister of Finance Ahmed Kouchouk stressed that the current priority is to secure sufficient and sustainable financial resources to meet…
Expert warns of $200 oil in ‘greatest energy crisis in history’

Expert warns of $200 oil in ‘greatest energy crisis in history’

International energy consultant Mamdouh Salameh warned that the ongoing closure of the Strait of Hormuz—even for a brief period—will trigger…
Why the Trump administration is easing sanctions on certain Iranian oil stockpiles

Why the Trump administration is easing sanctions on certain Iranian oil stockpiles

Trump administration officials are making a desperate push to secure every available barrel of oil amid a worsening energy crisis…
Property tax exemption for primary residences raised to LE 8 million: Finance Minister

Property tax exemption for primary residences raised to LE 8 million: Finance Minister

Minister of Finance Ahmed Kouchouk has announced a suite of unprecedented tax facilities and incentives designed to alleviate financial pressures…
Egypt targets 100 new Mediterranean gas wells in historic exploration initiative

Egypt targets 100 new Mediterranean gas wells in historic exploration initiative

The Egyptian Ministry of Petroleum and Mineral Resources has announced the commencement of an extensive exploratory drilling campaign in the…
Agriculture min. witnesses inking of MoU to boost innovation in farming sector

Agriculture min. witnesses inking of MoU to boost innovation in farming sector

Minister of Agriculture and Land Reclamation Alaa Farouk witnessed, Tuesday, March 17, the signing of a memorandum of understanding to…
CBE announces extended bank holiday for Eid al-Fitr 2026

CBE announces extended bank holiday for Eid al-Fitr 2026

The Central Bank of Egypt (CBE) and the Egyptian Cabinet have officially declared a five-day paid holiday in observance of…
PM stresses importance of stability of markets

PM stresses importance of stability of markets

Prime Minister Mostafa Madbouly said on Sunday, March 15, 2026,  that the current situation in the region represents in an…
Govt reviews targeted investments under 2026/2027 economic, social development plan

Govt reviews targeted investments under 2026/2027 economic, social development plan

CAIRO, March 12 (MENA) – Prime Minister Mostafa Madbouly said the State attaches great importance to economic and social development…
PM reviews Talaat Moustafa Group’s investment plans

PM reviews Talaat Moustafa Group’s investment plans

CAIRO, March 12 (MENA) – Prime Minister Mostafa Madbouly reviewed plans by Talaat Moustafa Group to expand its investments in…
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