Economy

President Sisi directs continuing localization of marine units manufacturing to meet state’s strategic needs

President Sisi directs continuing localization of marine units manufacturing to meet state’s strategic needs

CAIRO, June 28 (MENA) – President Abdel Fattah al-Sisi Sunday emphasized the need to continue efforts to localize the marine…
Will gold prices continue to decline?

Will gold prices continue to decline?

The head of Egypt’s Gold and Jewelry Division at the Federation of Chambers of Commerce, Hany Milad, assured that gold…
Egypt, Afreximbank discuss expanding partnership to support startups

Egypt, Afreximbank discuss expanding partnership to support startups

Minister of Planning and Economic Development Ahmed Rostom held talks with Afreximbank Executive Vice President Haytham al-Maayergi on strengthening cooperation…
Investment min: Faster customs clearance key to improving business climate, economic competitiveness

Investment min: Faster customs clearance key to improving business climate, economic competitiveness

Minister of Investment and Foreign Trade Mohamed Farid said that reducing customs clearance times is a top priority in efforts…
Egypt’s economy grows 5% in Q3 FY2025/26, beating expectations

Egypt’s economy grows 5% in Q3 FY2025/26, beating expectations

Minister of Planning and Economic Development Ahmed Rostom said that the Egyptian economy recorded a growth rate of five percent…
Industry Minister witnesses signing of strategic cooperation protocol at Cairo university

Industry Minister witnesses signing of strategic cooperation protocol at Cairo university

Industry Minister Khaled Hashem witnessed on Tuesday, June 23, 2026, the signing of a cooperation protocol between the Faculty of…
Partnership with UAE private sector reflects growing confidence in Egyptian economy – PM

Partnership with UAE private sector reflects growing confidence in Egyptian economy – PM

Prime Minister Mostafa Madbouly said partnerships between the Egyptian private sector and investors from sisterly countries reflect growing confidence in…
Investment Ministry launches 2nd phase of promotional campaign for investment zones

Investment Ministry launches 2nd phase of promotional campaign for investment zones

Ministry of Investment and Foreign Trade Mohamed Farid launched the second phase of its promotional and awareness campaign for investment…
Egypt fast-tracks commercial vehicle localization to drive global automotive exports

Egypt fast-tracks commercial vehicle localization to drive global automotive exports

Minister of Industry Khaled Hashem affirmed that the 2026 Al-Ahram Commercial Vehicles (ACV) Show serves as an important platform for…
PM: Government submits business, tax reform bills to parliament

PM: Government submits business, tax reform bills to parliament

The government submitted seven legislative amendments to parliament aiming at improving the business climate through customs and tax incentives, Prime…
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