Latest News for: egp

Edit

MSMEDA channels EGP 939m into Sinai to fund SMEs, create 25,000 jobs

Daily News Egypt 25 Apr 2026
The Micro, Small and Medium Enterprise Development Agency (MSMEDA) has injected EGP 939.4m into North and South Sinai between 2014 and 2025, financing nearly 10,000 projects and generating around 25,000 job opportunities.
Edit

Egypt allocates EGP 35bn for Sinai public investments over two years

Daily News Egypt 25 Apr 2026
Egypt has allocated EGP 35bn in public investments for the North and South Sinai governorates during the fiscal year (FY) 2025/26 and FY 2026/27, Minister of Planning and Economic Development Ahmed Rostom said on Saturday.
Edit

Bank financing for MSMEs surges 390% over decade; mobile wallet transactions near EGP 4trn: CBE

Daily News Egypt 25 Apr 2026
The CBE added that the total value of the microfinance portfolio—across both banking and non-banking sectors—reached approximately EGP 107bn in 2025, underlining its growing role in supporting economic activity and advancing financial inclusion.
Edit

Egypt implements housing, public utilities projects in Sinai with total investments of EGP 52.143 billion

Egypt Today 25 Apr 2026
According to the report, the Central Agency for Reconstruction has implemented projects with total investments of EGP 52.143 billion ... 3,806 km at a cost of EGP 5 billionCompleted by 2014. 3,178 km (EGP 1.687 billion)Since 2014.
Edit

Egypt earmarks EGP 80 bln for industry support in 2026/27 budget – FinMin

Amwal Al Ghad 22 Apr 2026
....
Edit

Egypt's PM: 21% wage hike, minimum wage raised to 8,000 EGP next July

Egypt Today 22 Apr 2026
CAIRO - 21 April 2026 ... The plan includes raising the minimum wage to 8,000 EGP per month ... ....
Edit

Pharco launches EGP 500m eye drops production line with annual capacity of 20 million packs

Daily News Egypt 22 Apr 2026
Pharco Pharmaceuticals has inaugurated a new specialized production line for ophthalmic (eye) drops at its Amreya City facility in Alexandria, with total investments exceeding EGP 500m. Nearly EGP 300m ...
Edit

12 investment zones attract EGP 66bn: Investment Ministry

Daily News Egypt 22 Apr 2026
72 of 2017 ... They play a key role in driving economic growth and attracting both domestic and foreign investment ... A total of 12 zones across strategic locations nationwide have attracted investments worth approximately EGP 66.3bn ... ....
Edit

EGP 80bn allocated in FY2026/27 budget to boost production, exports: Finance Minister

Daily News Egypt 22 Apr 2026
Finance Minister Ahmed Kouchouk said EGP 80bn has been allocated in the fiscal year (FY) 2026/2027 budget to programmes aimed at supporting and stimulating production, manufacturing, entrepreneurship, and exports of goods and services.
Edit

Dollar averages 51.85/51.95 per Egyptian pound in midday trade – 22 April 2026

Amwal Al Ghad 22 Apr 2026
....
Edit

TMG opens bookings for EGP 69bn ‘The Spine’ project, targets phase one delivery in 4 years

Daily News Egypt 21 Apr 2026
Talaat Moustafa Group (TMG) Holding will open reservations on Tuesday for “The Spine,” an EGP 69bn mixed-use development targeting first-phase delivery within four years, the company’s chief executive said ... ....
Edit

Biography’s EGP 20bn ‘101’ project in Mostakbal City records rapid construction progress

Daily News Egypt 20 Apr 2026
The company said construction and foundation works have exceeded 20% completion over the past four months, reflecting an accelerated pace of execution ... Total investments in the project are estimated at more than EGP 20bn ... ....
Edit

Egypt’s WADICO reports 2025 net profit exceeding EGP 1bn, signs MoU with China’s Xingfa

Daily News Egypt 20 Apr 2026
Egypt’s New Valley Company for Mineral Resources and Oil Shale (WADICO) posted a 195% surge in its 2025 net profit to exceed EGP 1bn, driven by EGP 2.8bn in operating revenues and EGP 3bn in record contracts.
Edit

Dollar averages 51.69/51.79 per Egyptian pound in midday trade – 20 April 2026

Amwal Al Ghad 20 Apr 2026
....
Edit

Non-banking SME financing rises to EGP 25bn in January 2026: FRA

Daily News Egypt 19 Apr 2026
In a related development, the FRA reported that consumer finance companies provided EGP 8.493bn in January 2026, up from EGP 5.543bn in the same month last year, marking an increase of EGP 2.95bn.

Article Search

tools
×
×
×
×