News
Planning Ministry holds first session of "Business Clinic" to support start-ups, address operational challenges - Dailynewsegypt
4+ hour, 45+ min ago (344+ words) The Egypt Entrepreneurship and Innovation Centre, affiliated with the National Institute for Governance and Sustainable Development, held the first session of the "Business Clinic" initiative, which operates under the umbrella of the Ministry of Planning and Economic Development, in coordination…...
Standard Chartered sees Egypt's economic recovery accelerating through FY27
1+ week, 3+ day ago (234+ words) Standard Chartered expects Egypt's economic recovery to gather pace over the next two years, forecasting GDP growth to accelerate to 4. 7% in FY27 as improving macroeconomic conditions and continued reform efforts strengthen the country's medium-term outlook. While the bank revised its FY26 GDP…...
Madbouly opens industrial expansions in automotive, pharmaceutical, and food sectors
1+ week, 5+ day ago (780+ words) Prime Minister Mostafa Madbouly highlighted Egypt's accelerating industrial development agenda during a tour of major manufacturing facilities in 6th of October City, where he inaugurated new production lines and reviewed expansion projects in the automotive, pharmaceutical, and food industries. The visits…...
Banque du Caire launches new savings certificates with returns of up to 18. 5% - Dailynewsegypt
2+ week, 4+ hour ago (302+ words) Banque du Caire has launched a new suite of savings certificates offering returns of up to 18. 5%, as part of its ongoing strategy to provide flexible savings and investment solutions tailored to the needs of different customer segments while helping maximise…...
Egypt's trade deficit widens 48. 8% to $4. 6bn in March amid rising imports
2+ week, 3+ day ago (240+ words) Egypt's trade deficit widened by 48. 8% year-on-year to $4. 6bn in March 2026, compared with $3. 1bn in the same month of 2025, according to the latest Monthly Foreign Trade Data bulletin issued by Egypt's Central Agency for Public Mobilization and Statistics (CAPMAS). The increase came as…...
Egypt allocates EGP 90bn in new budget to boost production, exports and entrepreneurship
2+ week, 6+ day ago (161+ words) Dailynewsegypt Egypt's Finance Minister Ahmed Kouchouk announced that EGP 90bn has been earmarked in the 2026/2027 fiscal year budget to expand programmes supporting production, exports, and entrepreneurship. Kouchouk said the allocations include EGP 48bn for export rebate payments and EGP 7bn to support the…...
AOI explores new cooperation, investment opportunities with French Chamber of Commerce - Dailynewsegypt
3+ week, 6+ day ago (185+ words) Mokhtar Abdel Latif, Chairperson of the Arab Organization for Industrialization (AOI), held talks with Emad El Senbaty, Chairperson of the French Chamber of Commerce in Cairo, joined by representatives of the chamber's industry committee headed by Ahmed El Assar. The…...
Opinion | Leavening Legacy: Egypt's Grain Intelligence in the Age of Wellness Capitalism
3+ week, 6+ day ago (1248+ words) Dailynewsegypt More than 4, 000 years before sourdough starters became a global trend during lockdown, Aish Shamsi " "sun bread' " had already been masterfully refined in Upper Egypt. There, it continues to be prepared through inherited fermentation methods using naturally activated dough, solar…...
Egypt explores infrastructure financing, guarantee mechanism with World Bank
1+ mon, 2+ hour ago (552+ words) Ahmed Rostom, Minister of Planning and Economic Development, inaugurated a high-level consultation session with the World Bank Group as part of joint efforts to examine an infrastructure financing and guarantee mechanism for Egypt. The meeting brought together Hussein Eissa, Deputy…...
Egypt targets 5. 4% economic growth, EGP 3. 7trn investments in FY 2026/27 plan - Dailynewsegypt
1+ mon, 1+ week ago (601+ words) Egypt is targeting an economic growth rate of between 5. 2% and 5. 4% and total investments of EGP 3. 7trn for the fiscal year (FY) 2026/27, with private investments accounting for the majority of the planned expenditure, the Minister of Planning and Economic Development said. Presenting…...