Egypt’s Cabinet approves FY2025/26 draft budget with EGP 3.1T in revenues
The Egyptian Cabinet at its latest meeting, chaired by Prime Minister Mostafa Madbouly, approved the draft budget for fiscal year (FY) 2025/2026, with revenues estimated at EGP 3.1 trillion, marking a...
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Eid Morning in a Cup: The Story of Milk Tea in Egypt
In this factsheet, we explore key facts about the main ingredients that make this cozy beverage. So, sit back, relax, and enjoy a warm cup of milk tea as you read along!
FRA mandates real-time data registration for insurance companies
The board of directors of the Financial Regulatory Authority (FRA) issued Decree No. 58 of 2025 regarding obligating insurance companies to register their real-time data on the electronic platform linking them with the authority.
Orascom Construction reports $7.6 B backlog in 2024
Orascom Construction recorded a consolidated backlog of $7.6 billion in 2024.
Egypt, IFC join forces to upgrade 11 airports via PPPs
The International Finance Corporation (IFC) penned an agreement with Egypt’s Ministry of Civil Aviation to advise on introducing public-private partnerships (PPP) in 11 airports across Egypt to improve infrastructure, connectivity, and passenger services.
