Egypt’s national rural development initiative Haya Kaima, also known as Decent Life, won the Dubai International Award for Best Practices in Sustainable Development in Urban Infrastructure Planning and Management on the sidelines of the World Government Summit 2026, held in Dubai from February 3rd to 5th.

The House of Representatives has approved four grant agreements covering a range of development sectors, as part of Egypt’s partnerships with multilateral and bilateral development partners.

Egypt is targeting sustainable annual economic growth of between 6% and 7%, driven primarily by increased investment and foreign direct investment, Minister of Investment and Foreign Trade Hassan El-Khatib said during a meeting with a delegation from Moody’s Investors Service to review the country’s economic and institutional reform agenda.

Business activity across Egypt’s non-oil private sector continued to expand at the start of the year, extending the current growth sequence seen since late 2020, although overall operating conditions weakened slightly as demand slowed.

Minister of Investment and Foreign Trade Hassan El-Khatib participated in a roundtable meeting with representatives of Turkish denim and textile companies to reinforce investment opportunities in Egypt.

Arab API has officially laid the foundation stone for its flagship pharmaceutical raw materials plant in the Sokhna Industrial Zone, with an investment totaling $165 million (EGP 7.7 billion).

Minister of Petroleum and Mineral Resources Karim Badawi held a series of meetings with global mining companies in Canada, Australia, Poland, and the US.

Minister of Petroleum and Mineral Resources Karim Badawi discussed ways to enhance cooperation with the World Bank in the mining sector, according to a statement.

Egypt and Qatar penned a memorandum of understanding (MoU) to diversify natural gas supply sources and boost gas shipments

The Ministry of Petroleum and Mineral Resources outlined what it described as its most significant achievements in the oil, gas, and mineral resources sector, as part of the implementation of its strategic work program, with a particular focus on boosting exploration and domestic production to meet local demand.

Egypt and Sudan agreed on a broad package of executive measures to deepen economic integration and increase bilateral trade.

Egypt and Japan have signed an executive agreement for a Japan International Cooperation Agency (JICA) grant worth $22 million to finance the construction and supply of the first diving support vessel for the Suez Canal Authority’s (SCA) fleet

The International Monetary Fund (IMF) has reached a staff-level agreement with Egypt on the fifth and sixth reviews under the Extended Fund Facility (EEF) and the first review under the Resilience and Sustainability Facility (RSF).

Minister of Investment and Foreign Trade Hassan El-Khatib held a virtual meeting with Minister of Trade, Industry, and Energy of South Korea Yeo Han-koo to discuss trade and investment relations and ongoing economic cooperation between the two countries.

Prime Minister Mostafa Madbouly today witnessed the signing of a settlement agreement between several government entities and South Valley Cement Company.

Egypt and China opened the comprehensive strategic partnership forum in Cairo, bringing together senior officials, experts, thinkers, and business leaders from both countries.

Egypt is taking new steps to activate mechanisms to combat rumors and address the spread of false news that harms society and undermines the national economy, Prime Minister Mostafa Madbouly said.

Egypt is preparing to launch a new package of incentives and policies aimed at increasing investment in several targeted sectors.

Egypt’s external debt increased to $161.2 billion at the end of the previous fiscal year (FY) 2024/2025, rising by about $8.3 billion, or 5.5%, compared with the end of FY 2023/2024, according to the Central Bank of Egypt’s (CBE) External Position of the Egyptian Economy 2024/2025 report.

The Chairman of the General Authority for the Suez Canal Economic Zone (SCZONE) Waleid Gamal El-Dien concluded a roadshow in the US with a series of meetings to strengthen cooperation with American institutions and companies and encourage new investments in targeted sectors within the zone.