Market News
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Egyptian Satellites (NileSat) (EGSA.CA) - AGM Minutes (Notarized)
Tuesday 21/04/202613:37:47 PMRead moreEgyptian Satellites (NileSat) (EGSA.CA) - AGM Minutes (Notarized)
Company: Egyptian Satellites (NileSat)
Symbols: EGS48022C015
Reuters: EGSA.CA
Content:
Notarized minutes of the AGM held on 16/03/2026
AGM Minutes (10,760 KB) -
ElBarbary Investment Group ( BIG) (BIGP.CA) - Disclosure Form for the BoD & the Shareholders' Structure (SMEs Market)
Tuesday 21/04/202613:37:11 PMRead moreElBarbary Investment Group ( BIG) (BIGP.CA) - Disclosure Form for the BoD & the Shareholders' Structure (SMEs Market)
Company Name : ElBarbary Investment Group ( BIG)
ISIN Code : EGS551D1C017
Reuters Code : BIGP.CA
Content :
The company sent its Disclosure Form for the BoD & the shareholders' structure for the period ended 31/03/2026 according to Article 30 of the Listing Rules.
The Disclosure Form (843 KB) -
The Financial Regulatory Authority Grants 9 Companies Approval to Engage in Non-Banking Financial Activities
Tuesday 21/04/202613:35:26 PMRead moreThe Financial Regulatory Authority Grants 9 Companies Approval to Engage in Non-Banking Financial Activities
The new approvals contribute to expanding the microinsurance market and investment funds.
The Financial Regulatory Authority (FRA), chaired by Dr. Islam Azzam, has decided to grant nine companies approvals to engage in a number of non-banking financial activities, as part of the Authority’s ongoing efforts to broaden the base of beneficiaries of financial services and support market stability and attractiveness for investment.
The approvals included the establishment of “Fawry for Microinsurance” to engage in microinsurance activities stipulated in the Unified Insurance Law, aiming to expand outreach to community segments and support financial inclusion.
The Authority also approved the establishment of “El-Gamal Holding Group for Financial Investments” and licensed “Grow Holding” to engage in activities related to participating in the establishment of companies issuing securities or increasing their capital. It also approved the establishment of “Tamih Real Estate Investment Fund” to operate in real estate investment funds.
The approvals further included the establishment of “Spark Special Purpose Acquisition Company” to engage in venture capital activities, specifically acquiring ownership stakes in companies. Additionally, the Authority licensed “Bokra Venture Capital Fund” to operate in investment funds, and “Bokra Private Equity Fund” to operate in private equity investment funds.
The Authority also approved “Trend Holding for Financial Investments” to engage in custodian activities, and granted “Nawy Shares for Real Estate Investment Fund Management and Securities Offering & Subscription Coverage” a license to receive subscriptions in investment fund documents.
The FRA grants these approvals within its constitutional and legal mandate to supervise and regulate non-banking financial markets and instruments, including capital markets, futures exchanges, insurance, mortgage finance, financial leasing, factoring, and securitization, as well as approving the establishment and licensing of companies operating in these markets.
Establishment and licensing decisions are issued based on recommendations from the Committee for Company Establishment and Licensing, which is responsible for reviewing preliminary and final approvals, requests to add activities, opening, closing, or relocating branches, amending company bylaws, approving incentive and reward systems, changing legal umbrellas for companies operating in securities and consumer finance, examining liquidation requests, and voluntary temporary suspension of activities. -
Coupon Price No.(5) of the Egyptian Treasury Bonds 22 April 2028 Variable Return
Tuesday 21/04/202613:32:04 PMRead moreCoupon Price No.(5) of the Egyptian Treasury Bonds 22 April 2028 Variable Return
With reference to the letter of the Ministry of Finance on 21/04/2026 regarding the Egyptian Treasury Bonds 22 April 2028 Variable Return, according to the prospectus, a quarterly coupon is due on these bonds, which is determined at the beginning of the period and is disbursed and recalculated every three months, according to the change in the average corridor rate of the central bank, since the coupon no.(5) for this bond is due on 22/07/2026, the price of the coupon is 23.7824%.
ISIN Code: EGBGR06251V2
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Digitize for Investment And Technology (DGTZ.CA) - Release Concerning a Disclosure Form
Tuesday 21/04/202613:29:43 PMRead moreDigitize for Investment And Technology (DGTZ.CA) - Release Concerning a Disclosure Form
Company: Digitize for Investment And Technology
Symbols: EGS74F71C015
Reuters: DGTZ.CA
Content :
Release regarding the post-implementation disclosure form in accordance with the provisions of Article 29 of EGX Listing Rules
The Release (95 KB) -
Correction from Misr Oils & Soap (MOSC.CA) Concerning the OGM
Tuesday 21/04/202613:29:01 PMRead moreCorrection from Misr Oils & Soap (MOSC.CA) Concerning the OGM
Company: Misr Oils & Soap
Symbols: EGS38421C011
Reuters: MOSC.CA
Content :
With reference to the announcement published on the trading screens on 20/04/2026 regarding the invitation for the Ordinary General Assembly on 16/05/2026, a correction was sent
Correction from the Company (152 KB) -
International Agricultural Products (IFAP.CA) - Release Regarding a Disclosure Form
Tuesday 21/04/202613:24:16 PMRead moreInternational Agricultural Products (IFAP.CA) - Release Regarding a Disclosure Form
Company: International Agricultural Products
Symbols: EGS07061C012
Reuters: IFAP.CA
Content:
Release regarding the post-implementation disclosure form in accordance with the provisions of Article 29 of EGX Listing Rules
The Release (240 KB) -
M.B Engineering (MBEG.CA) - Disclosure Form for the BoD & the Shareholders' Structure
Tuesday 21/04/202613:23:40 PMRead moreM.B Engineering (MBEG.CA) - Disclosure Form for the BoD & the Shareholders' Structure
Company: M.B Engineering
Symbols: EGS221V1C015
Reuters: MBEG.CA
Content :
Disclosure Form of the company for the Board of Directors and the shareholders' structure for the period 31/03/2026, according to Article 30 of the Listing Rules.
The Disclosure Form (124 KB) -
International Agricultural Products (IFAP.CA) - Disclosure Form for the BoD & the Shareholders' Structure
Tuesday 21/04/202613:20:45 PMRead moreInternational Agricultural Products (IFAP.CA) - Disclosure Form for the BoD & the Shareholders' Structure
Company: International Agricultural Products
Symbols: EGS07061C012
Reuters: IFAP.CA
Content :
Disclosure Form of the company for the Board of Directors and the shareholders' structure for the period 31/03/2026, according to Article 30 of the Listing Rules.
The Disclosure Form (1,877 KB) -
Integrated Engineering Group S.A.E (INEG.CA) - Release Concerning a Disclosure Form (SMEs Market)
Tuesday 21/04/202613:01:20 PMRead moreIntegrated Engineering Group S.A.E (INEG.CA) - Release Concerning a Disclosure Form (SMEs Market)
Company Name : Integrated Engineering Group S.A.E
ISIN Code : EGS3E3B1C014
Reuters Code : INEG.CA
Content :
Release regarding the disclosure form according to the Article 29 of EGX Listing Rules.
The Release (204 KB) -
Delta For Printing & Packaging (DTPP.CA) Declares Cash Dividends
Tuesday 21/04/202613:00:21 PMRead moreDelta For Printing & Packaging (DTPP.CA) Declares Cash Dividends
Company Name : Delta For Printing & Packaging
ISIN Code: EGS370W1C013
Reuters Code: DTPP.CA
Type of Dividend : Cash
Coupon No. : 17
Dividend per Share : EGP 10.000
Payment Date : 07/05/2026
Dividend Date : 04/05/2026
News Attachment (472 KB) -
EGX Strengthens International Cooperation with the Egyptian Commercial Service (ECS)' to Attract Foreign Investments
Tuesday 21/04/202612:56:27 PMRead moreEGX Strengthens International Cooperation with the Egyptian Commercial Service (ECS)' to Attract Foreign Investments
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For shareholders as of April 27… Alexandria National Company for financial Investment announces a split of the nominal value of the share
Tuesday 21/04/202612:18:39 PMRead moreFor shareholders as of April 27… Alexandria National Company for financial Investment announces a split of the nominal value of the share
Alexandria National Company for financial Investment informs its shareholders that it has been decided to split the nominal value of the share from 5 Egyptian pounds to 0.50 Egyptian pounds, while keeping the issued capital unchanged at 26,125,000 Egyptian pounds, distributed over 52,250,000 shares instead of 5,225,000 shares, each with a nominal value of 0.50 Egyptian pounds after the adjustment. This is in execution of the resolution of the Extraordinary General Assembly held on January 15, 2026.
This applies to shareholders and buyers of the share at the end of the trading session on Monday, April 27, 2026. Trading of the shares according to the new nominal value (after the split) will begin on Tuesday, April 28, 2026, through Misr for Central Clearing, Depository and Registry, following the approval of the Listing Committee to register the split. -
General summary of the most prominent news of companies listed on the Egyptian Exchange and key economic developments
Tuesday 21/04/202612:08:20 PMRead moreGeneral summary of the most prominent news of companies listed on the Egyptian Exchange and key economic developments
The Egyptian Exchange revealed the most important data and disclosures for some companies during today’s session (21/04/2026). The highlights are as follows:
BIG Trade and Investment recorded a consolidated net loss of 5,021,850 EGP during 2025, compared to a net loss of 57,275,404 EGP in 2024.
EGX 30 Index ETF reported a net profit of 37,258,336 EGP for 2025, compared to 17,707,976 EGP in 2024.
Gas Egypt announced a cash dividend distribution of 0.500 EGP per share (coupon no. 41), payable starting 06/05/2026. The right to the dividend transfers to buyers until the end of trading on 03/05/2026.
Tasaheel for Factoring announced a cash dividend distribution of 0.0713437843 EGP per share (coupon no. 3), payable starting 07/05/2026. The right to the dividend transfers to buyers until the end of trading on 04/05/2026.
Transactions were executed on shares of the Egyptian Gulf Bank, totaling 68,228 shares with a value of 1,365,699 EGP, as part of an employee incentive and reward system.
A transaction was executed on shares of Fawry for Banking Technology and Electronic Payments, totaling 750,000 shares with a value of 14,325,000 EGP, as part of an employee incentive and reward system.
EFG Hermes successfully completed its advisory role in executing an Accelerated Bookbuild (ABB) for the sale of a secondary stake in Valu, a leading financial technology company in Egypt. The transaction included offering 53.8 million shares, representing approximately 2.55% of Valu’s total shares.
Hisham Talaat Moustafa, CEO and Managing Director of Talaat Moustafa Group Holding, announced the opening of reservations for the “The Spine” project with flexible payment systems extending up to 15 years. The National Bank of Egypt participates in the project with a 24.5% stake, and the total capital reaches 69 billion EGP. Reservations start Tuesday with a down payment beginning at 1.4% of the unit value.
Key Economic News:
Prime Minister Mostafa Madbouly held a meeting to follow up on measures to ensure a sufficient stock of goods and to improve governance of the subsidy system targeting eligible citizens.
The Prime Minister also reviewed developments in establishing a global hub for storage, supply, and trade of grains and oils in Egypt, including discussions with several countries to create logistics centers to enhance food security.
The Prime Minister met with Christophe Périllat, CEO of Valeo, to review the company’s R&D center and its role in developing artificial intelligence applications.
Minister of Petroleum Karim Badawi met with the Chairman of the Defense and National Security Committee in Parliament to coordinate efforts in securing energy supplies.
The Petroleum Minister also met with Apache Corporation to discuss investment incentives and operational improvements to increase production.
Additionally, the Minister met with Eni representatives to follow up on exploration and production activities and enhance cooperation.
Minister of Transport Kamel El-Wazir chaired the general assembly of MOT Investment and Development. The company achieved revenues of 3.7 billion EGP in 2025, up from 1.9 billion EGP in 2024, marking a growth rate of about 95%.
Minister of Housing Randa El-Menshawy followed up on infrastructure and road development projects in industrial zones in New October City, covering approximately 11,000 feddans.
The Housing Minister also presented the ministry’s strategy before the parliamentary Housing Committee.
The Ministry of Housing participated in Egypt Urban Week 2026, discussing innovation in inclusive housing in cooperation with UN-Habitat.
Minister of Communications Raafat Hindi inaugurated Valeo’s artificial intelligence development center in Smart Village.
The Ministers of Tourism and Health discussed a joint strategy to improve medical services for tourists and enhance Egypt’s competitiveness in medical tourism.
Minister of Planning reported that Suez Canal revenues increased by 19% year-on-year, with a 24.2% growth in the second quarter of FY 2025–2026, reflecting recovery in global trade movement. Total vessel tonnage rose by 16% during the first half of the fiscal year.
A roundtable was held to support the industrial zone of the Suez Canal Economic Zone in cooperation with the OECD, aiming to attract investments and improve the business environment.
Egypt’s Deputy Foreign Minister met with a French Treasury delegation to enhance development cooperation between Egypt and France.
The Central Bank of Egypt withdrew liquidity worth 68.950 billion EGP through open market operations at an interest rate of 19.50%.
CAPMAS reported that air cargo increased to 38.8 thousand tons in December 2025, compared to 35.7 thousand tons in December 2024, a rise of 8.7%.
The Head of the Industrial Development Authority discussed facilitating industrial licensing procedures and supporting investors in coordination with the Federation of Egyptian Industries.
The Egyptian Drug Authority met with L’Oréal Egypt to strengthen investment in the cosmetics sector.
Al Attal Holding plans to launch a real estate investment fund valued at 2.8 billion EGP as a step toward a potential stock market listing.
The company also stated it aims to be among the first to adjust real estate prices in response to recent market changes. -
Listing of Egyptian Treasury Bonds – April 21, 2029 Floating Yield
Tuesday 21/04/202611:44:02 AMRead moreListing of Egyptian Treasury Bonds – April 21, 2029 Floating Yield
Bond Name: Egyptian Treasury Bonds – April 21, 2029 Floating Yield
ISIN: EGBGR06961V6
Announcement Format:
With reference to the letters from the Central Bank of Egypt and Misr for Central Clearing, Depository and Registry dated 20/04/2026 regarding the listing of Egyptian Treasury Bonds – April 21, 2029 Floating Yield.
The issuance amounts to 1,385,000,000 EGP, distributed over 1,385,000 bonds, each with a nominal value of 1,000 EGP. The bonds carry a floating annual yield currently at 24.9458%, payable quarterly on July 21, October 21, January 21, and April 21 of each year.
It is noted that this bond issuance will be listed in the stock exchange database under the international numbering code EGBGR06961V6, effective from the beginning of the trading session on 21/04/2026. -
Reopening of Subscription in Egyptian Sovereign Sukuk – March 10, 2029 Fixed Yield
Tuesday 21/04/202611:40:08 AMRead moreReopening of Subscription in Egyptian Sovereign Sukuk – March 10, 2029 Fixed Yield
Name of Sukuk: Egyptian Sovereign Ijara Sukuk – March 10, 2029 Fixed Yield
ISIN: EGKGU00061F8
Announcement Format:
With reference to the letters from the Central Bank of Egypt and Misr for Central Clearing, Depository and Registry dated 20/04/2026 regarding the reopening of subscription No. (2) in the Egyptian Sovereign Ijara Sukuk – March 10, 2029 Fixed Yield, with an additional value of 306,000,000 EGP.
This brings the total value of this issuance of Egyptian Sovereign Sukuk after the increase to 556,000,000 EGP, distributed over 556,000 sukuk certificates, each with a nominal value of 1,000 EGP, at a fixed annual yield of 21.3%, payable semi-annually on September 10 and March 10 of each year.
It is noted that the increase in this issuance will be listed in the stock exchange database under the international numbering code EGKGU00061F8, effective from the beginning of the trading session on 21/04/2026. -
Head of Egyptian Drug Authority Discusses Strengthening Investment in Cosmetics with L’Oréal
Tuesday 21/04/202611:39:10 AMRead moreHead of Egyptian Drug Authority Discusses Strengthening Investment in Cosmetics with L’Oréal
Dr. Ali El-Ghamrawy, Chairman of the Egyptian Drug Authority, held a meeting with L’Oréal Egypt, headed by Mr. Mohamed El-Araby, CEO of the company. The meeting was part of the Authority’s commitment to enhancing cooperation with leading global companies in the cosmetics sector and to explore mechanisms for joint coordination to support and develop this vital industry in Egypt.
Dr. El-Ghamrawy affirmed that the Authority is moving forward in establishing an advanced regulatory environment that supports innovation and investment in the cosmetics sector, stressing that strengthening cooperation with leading international companies is a cornerstone for transferring expertise and localizing the latest international practices.
He added that the Authority is committed to applying the highest regulatory standards to ensure the quality and safety of marketed products, contributing to consumer health protection and supporting the competitiveness of Egyptian products regionally and internationally.
For their part, representatives of L’Oréal expressed appreciation for the role played by the Egyptian Drug Authority in regulating and monitoring the cosmetics sector. They confirmed their keenness to enhance cooperation in the coming period and to support investment in the cosmetics sector in line with international standards. They also praised the Authority’s pivotal role in developing regulatory frameworks, facilitating procedures, and strengthening the investment climate, thereby boosting global companies’ confidence in the Egyptian market.
During the meeting, an overview of L’Oréal Egypt was presented, introducing its executive management and leadership structure, along with discussions on ways to strengthen joint cooperation and opportunities to participate in events highlighting the economic and social impact of the company’s investments in Egypt. Both sides affirmed the importance of continued coordination and cooperation to support the development of the cosmetics sector in Egypt and to enhance investment opportunities and market expansion.
This comes within the Egyptian Drug Authority’s commitment to strengthening partnerships with global companies, contributing to the development of the sector, raising the efficiency of the regulatory system, and ensuring the circulation of safe and high-quality cosmetics. -
Federation of Egyptian Chambers of Commerce Explores New Roadmap to Enhance Investment and Technological Cooperation with Finland
Tuesday 21/04/202611:37:59 AMRead moreFederation of Egyptian Chambers of Commerce Explores New Roadmap to Enhance Investment and Technological Cooperation with Finland
The Federation of Egyptian Chambers of Commerce, chaired by Ahmed El-Wakil, will host on Wednesday at its headquarters the Egypt–Finland Business Forum, organized by the Federation on the sidelines of the visit of the President of the Republic of Finland to Egypt.
The Finnish delegation includes the Deputy Minister of Economy and the Deputy Minister of Foreign Affairs, along with a large number of investors and business leaders who, together with their Egyptian counterparts, aim to move the relationship from simple commodity exchange to a “technological partnership.”
The delegation covers sectors such as machinery and equipment, infrastructure, energy and water efficiency, telecommunications and information technology, packaging, steel, and wood. Finnish wood remains a fundamental pillar of Egyptian industry, while the future strongly leans toward the digital economy and clean energy—making Egypt a gateway for Finnish products and expertise into African and Arab markets.
According to data from the Ministry of Investment and Foreign Trade, economic relations between Egypt and Finland are undergoing a strategic transformation in 2026. They are no longer limited to traditional trade (such as wood and paper), but now extend to advanced technology, digitization, and sustainable energy sectors. Finland is considered an important trading partner for Egypt in Northern Europe, with Finnish exports to Egypt reaching about $506.38 million in 2025. Wood and wood products accounted for the largest share—over $300 million—followed by paper and cardboard, industrial machinery and equipment, and electrical devices. Egyptian exports to Finland are concentrated in agricultural products (vegetables and fruits), textiles, and plastics. -
Egyptian Gazette: Summary of Extraordinary General Assembly Decisions of Al-Nasr Salines Company
Tuesday 21/04/202611:37:08 AMRead moreEgyptian Gazette: Summary of Extraordinary General Assembly Decisions of Al-Nasr Salines Company
The Holding Company for Chemical Industries (S.A.E.) issued a summary of the decisions of the Extraordinary General Assembly of Al-Nasr Salines Company, held on 1/4/2026. Based on the memorandum presented, the discussions of the General Assembly members, and the auditors from the Central Auditing Organization regarding the agenda, the Extraordinary General Assembly decided:
Approval of an increase in the issued capital of Al-Nasr Salines Company by 1,253,593 EGP (one million, two hundred fifty-three thousand, five hundred ninety-three Egyptian pounds), financed from other reserves. After the increase, the issued capital becomes 110 million EGP (one hundred ten million Egyptian pounds), distributed over 11 million shares, each valued at ten Egyptian pounds.
The Executive Managing Director of the company was authorized to take all necessary measures to amend Article (6) of the company’s Articles of Association and to publish this amendment in the Egyptian Gazette and register it in the commercial registry, as follows:
Article (6) before amendment:
The company’s authorized capital was set at 200,000,000 EGP (two hundred million Egyptian pounds), and the issued capital was set at 108,746,407 EGP (one hundred eight million, seven hundred forty-six thousand, four hundred seven Egyptian pounds), distributed over 10,874,640 shares, each valued at ten Egyptian pounds.
Article (6) after amendment:
The company’s authorized capital remains 200,000,000 EGP (two hundred million Egyptian pounds), while the issued capital is set at 110,000,000 EGP (one hundred ten million Egyptian pounds), distributed over 11 million shares, each valued at ten Egyptian pounds.
Chairman of the General Assembly: Chemist Saad Abu Al-Maati. -
Deputy Minister of Foreign Affairs Receives Delegation from the French Ministry of Finance’s Department of Economic Affairs and International Business Development
Tuesday 21/04/202611:35:40 AMRead moreDeputy Minister of Foreign Affairs Receives Delegation from the French Ministry of Finance’s Department of Economic Affairs and International Business Development
Dr. Samar Al-Ahdal, Deputy Minister of Foreign Affairs, International Cooperation, and Egyptians Abroad, held a meeting with the delegation of bilateral economic affairs and international business development at the French Ministry of Finance, headed by Mr. Paul Thibault. The meeting discussed ways to strengthen development cooperation between the Arab Republic of Egypt and the French Republic, especially as the two sides approach the celebration of twenty years of cooperation between the Egyptian government and the French Development Agency.
These talks aimed to agree on priority projects for the Egyptian side during the current phase and to consult on innovative support and financing mechanisms in strategic sectors, particularly in light of the current geopolitical circumstances.
The meeting also addressed the need to enhance areas of cooperation of mutual interest, contributing to the development of sectors such as energy, green industries, food security, and health. It also built upon the outcomes of the meeting between the President of Egypt and his French counterpart during President Emmanuel Macron’s visit to Egypt in April of last year, which witnessed the signing of nine financing agreements worth €262.2 million to fund new projects in the fields of transport, energy, and housing. -
House of Representatives Refers Draft Budget Law 2026/2027 to the Planning and Budget Committee
Tuesday 21/04/202611:34:50 AMRead moreHouse of Representatives Refers Draft Budget Law 2026/2027 to the Planning and Budget Committee
Source: Al-Mal
The plenary session of the House of Representatives, chaired by Counselor Hisham Badawy, Speaker of the House, referred a number of draft laws and international agreements to the relevant parliamentary committees.
Among the draft laws: two presidential decrees concerning international agreements were referred to the Constitutional and Legislative Affairs Committee, along with (4) draft laws submitted by the government, and (8) draft laws submitted by one-tenth of the members of the House to the specialized committees for study and report preparation.
The committees were also notified of a message from the Speaker of the Senate regarding the Senate’s opinion on:
A. The following two international agreements:
Presidential Decree No. 160 of 2026 approving the financing agreement for the second and third lines of the high-speed rail network between the Government of Egypt and a group of European banks, guaranteed by the German Export Credit Agency (Hermes).
Presidential Decree No. 165 of 2026 approving a grant agreement to prepare studies for the sustainability of the Abu Rawash wastewater treatment plant between the Government of Egypt and the African Development Bank.
(Both referred to the Constitutional and Legislative Affairs Committee)
B. Draft laws submitted by the government:
Draft law approving the economic and social development plan for FY 2026/2027.
Draft law linking the state’s general budget for FY 2026/2027.
Draft laws linking the budgets of public economic authorities for FY 2026/2027 (65 draft laws).
Draft law linking the budget of the National Authority for Military Production for FY 2026/2027.
(All referred to the Planning and Budget Committee)
C. Draft laws submitted by one-tenth of the members of the House:
Draft law submitted by MP Aya Abdel Rahman and 60 MPs (more than one-tenth of the House) amending certain provisions of the Penal Code.
(Referred to a joint committee of Constitutional and Legislative Affairs, and Social Solidarity, Family, and Persons with Disabilities Committees)
Draft law submitted by MP Aya Abdel Rahman and 60 MPs amending certain provisions of Law No. 82 of 2002 on Intellectual Property Rights.
(Referred to a joint committee of Constitutional and Legislative Affairs, Education and Scientific Research, and Media, Culture, and Antiquities Committees)
Draft law submitted by MP Abdel Moneim Imam and 60 MPs amending certain provisions of the Social Insurance and Pensions Law No. 148 of 2019.
(Referred to a joint committee of Manpower, Planning and Budget, and Constitutional and Legislative Affairs Committees)
Draft law submitted by MP Amr Darwish and 60 MPs amending certain provisions of the Agriculture Law No. 53 of 1966.
(Referred to a joint committee of Agriculture, Irrigation, Food Security and Livestock, and Constitutional and Legislative Affairs Committees)
Draft law submitted by MP Amr Darwish and 60 MPs amending certain provisions of Law No. 187 of 2023 on reconciliation in some building violations and regularization of their status.
(Referred to a joint committee of Housing, Public Utilities and Reconstruction, Local Administration, Constitutional and Legislative Affairs, and Agriculture and Irrigation Committees)
Draft law submitted by MP Sahar Atman and 60 MPs concerning local councils.
Draft law submitted by MP Amr Darwish and 60 MPs issuing a Local Administration System.
(Referred to a joint committee of Local Administration, Constitutional and Legislative Affairs, and Planning and Budget Committees)
Draft law submitted by MP Hossam Hassan El-Khosht and 60 MPs issuing a Local Administration System.
(Referred to a joint committee of Local Administration, Constitutional and Legislative Affairs, and Planning and Budget Committees)
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Minister of Planning: Suez Canal Revenues Rise 19% Year-on-Year
Tuesday 21/04/202611:33:40 AMRead moreMinister of Planning: Suez Canal Revenues Rise 19% Year-on-Year
Source: Al-Mal
Ahmed Rostom, Minister of Planning and Economic Development, stated that the Suez Canal has begun to regain momentum, recording revenue growth of about 24.2% during the second quarter of the fiscal year 2025–2026, reflecting clear indicators of recovery in global trade flows through the canal.
He pointed out that canal revenues rose by 19% year-on-year, with total vessel tonnage increasing by 16% during the first half of the current fiscal year.
This came during a conference organized by the Ministry of Planning and Economic Development in cooperation with the Organization for Economic Cooperation and Development and in partnership with the Suez Canal Economic Zone.
The minister explained that this recovery directly contributed to reducing transaction costs and alleviating supply chain bottlenecks, while also strengthening investor confidence. He added that diversifying supply chains represents a strategic priority at present, noting that localizing production within industrial sectors in the Suez Canal Zone helps shorten supply chains, enhance regional integration, and support the sustainability of global trade.
In this context, he highlighted that the cooperation program with the OECD—particularly project “1.8”—has played an active role in supporting the development of the Suez Canal Economic Zone through advanced value chain analyses, foresight exercises, and specialized workshops to monitor global shifts in trade and investment.
The program also provided practical recommendations in areas such as governance and infrastructure financing, encouraged private sector participation in sustainable infrastructure projects, and reviewed port policies in line with global best practices to enhance efficiency and logistical integration.
The minister emphasized the importance of the Suez Canal, noting that it lies on a corridor through which about 12% of global trade and 20% of container traffic passes. It includes six ports, four industrial zones, a multimodal transport network, and an integrated digital one-stop-shop system, making it an advanced environment for strengthening the efficiency and continuity of global supply chains.
Meanwhile, Dr. Dalia El-Hawary, Deputy Head of the General Authority for Investment and Free Zones, stated that legislative and technical developments and simplified procedures contribute to boosting foreign direct investment. She stressed the need to deal transparently with investors, who do not want an investment climate characterized by ambiguity.
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Minister of Planning: Suez Canal Economic Zone is a Key Platform for Linking Global Supply Chains
Tuesday 21/04/202611:32:44 AMRead moreMinister of Planning: Suez Canal Economic Zone is a Key Platform for Linking Global Supply Chains
Source: Al-Mal
Today, Tuesday, the roundtable activities to support the industrial zone affiliated with the General Authority of the Suez Canal Economic Zone were launched, in cooperation between the Ministry of Planning and Economic Development and the Organization for Economic Cooperation and Development. This comes within the framework of enhancing efforts to attract investments and develop the business environment inside the zone.
The conference aims to highlight investment opportunities in industrial areas along the Suez Canal, especially in renewable energy, manufacturing industries, and logistics services, supporting Egypt’s strategy to transform into a regional hub for trade and industry.
Dr. Ahmed Rostom, Minister of Planning and Economic Development, stressed the importance of integrating development and investment policies, noting that supporting industrial zones is among the state’s priorities to enhance sustainable growth and increase the industrial sector’s contribution to GDP, particularly with the presence of four industrial zones capable of strengthening supply chains in a time of uncertainty.
He explained that the private sector plays an important role in boosting economic growth, and confirmed that the Suez Canal Economic Zone represents a pivotal platform for linking global supply chains, benefiting from its strategic location for global trade, as well as its advanced infrastructure and competitive investment incentives.
The conference is being held at a time when the importance of the Suez Canal Economic Zone is increasing as an attractive destination for global investments, especially amid transformations in international supply chains and companies’ tendency to diversify production centers closer to major markets.
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Damietta Port Receives 20,772 Tons of Wheat, 17,148 Tons of Corn, and 4,100 Tons of Cooking Oil in the Past 24 Hours
Tuesday 21/04/202611:32:00 AMRead moreDamietta Port Receives 20,772 Tons of Wheat, 17,148 Tons of Corn, and 4,100 Tons of Cooking Oil in the Past 24 Hours
The Media Center of the Damietta Port Authority issued a statement today, Tuesday, April 21, 2026, reporting that the port received 11 ships in the past 24 hours, while 11 ships departed. The total number of ships currently at the port reached 28, including the vessel FEDERAL HUNTER, flying the flag of the Marshall Islands, measuring 200 meters in length and 24 meters in width, arriving from Canada with a cargo of 16,500 tons of wheat for the private sector.
Exports of general cargo amounted to 36,762 tons, including:
11,000 tons of urea
1,600 tons of beet pulp
4,353 tons of packed gypsum
2,244 tons of packed salt
17,565 tons of miscellaneous goods
Imports of general cargo totaled 75,478 tons, including:
20,772 tons of wheat
1,220 tons of beech wood
14,388 tons of scrap
17,148 tons of corn
9,180 tons of soybeans
4,100 tons of cooking oil
8,670 tons of iron
Container exports reached 1,911 TEUs, while imports totaled 78 TEUs, and transit containers amounted to 3,875 TEUs.
The public sector’s grain silo at the port held 100,241 tons of wheat, while private sector warehouses contained 20,306 tons. Truck movements in and out of the port totaled 5,133 during the same period.
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Head of the Industrial Development Authority Discusses Facilitating Licensing Procedures and Supporting Industrial Investors
Tuesday 21/04/202611:30:27 AMRead moreHead of the Industrial Development Authority Discusses Facilitating Licensing Procedures and Supporting Industrial Investors
During the first meeting of the Industrial Licensing Committee at the Federation of Egyptian Industries:
■ Head of the Industrial Development Authority discusses facilitating licensing procedures and supporting industrial investors.
■ Dr. Nahed Youssef:
The Industrial Licensing Committee is an effective platform for monitoring investor challenges and developing practical solutions through cooperation between the Authority and the Federation.
Continuous coordination between the Authority and the General Administration of Civil Protection to ease technical requirements and facilitate investors.
Dr. Nahed Youssef, Head of the General Authority for Industrial Development, participated in the first meeting of the Industrial Licensing Committee at the Federation of Egyptian Industries, following its formation after the recent elections under the chairmanship of Engineer Mahmoud Serag, Deputy of the Federation. The meeting was part of joint sessions with the business community to discuss challenges related to industrial licensing procedures, ways to simplify them, and address specific investor issues by finding solutions. The meeting was attended by several heads of industrial chambers who are committee members, along with senior officials from the Authority.
Dr. Youssef emphasized that listening to investor demands, maintaining continuous communication, and simplifying procedures represent a core approach of the Authority, in line with the directives of Engineer Khaled Hashem, Minister of Industry, to improve the industrial investment environment and provide more efficient and flexible services to investors, supporting the state’s efforts to drive industrial development. She noted that the Federation of Industries is the “House of Industry” and a key partner in supporting industrial development and shaping industry-related decisions. The Industrial Licensing Committee serves as an effective platform to monitor challenges facing industrial investors, study them, and develop practical solutions in coordination with relevant bodies, thereby accelerating licensing procedures, improving the industrial investment environment, and addressing obstacles facing factories both inside and outside industrial zones.
During the committee’s work, several topics were presented, including complaints from members about high annual fees for civil protection requirements and the difficulty of meeting all required conditions. Dr. Youssef explained that this issue has seen major changes in recent years to facilitate licensing procedures, while ensuring compliance with industrial safety and occupational health standards to protect lives and existing investments. She pointed out that coordination has been made with the General Administration of Civil Protection at the Ministry of Interior to ease technical requirements according to the Egyptian code issued in 2025. The Authority also contacted the administration to discuss unifying and reducing fees, so they would be paid every 3 or 5 years instead of annually, through a unified regulation, thereby reducing financial burdens on manufacturers.
Regarding inquiries from committee members about the recent ministerial decision reorganizing licenses for industrial activities outside industrial zones—whether within urban boundaries and residential blocks or outside them—Dr. Youssef clarified that the decision aims to facilitate investors. The number of activities permitted within urban areas (in separate buildings) was increased to about 65 industrial activities, with permission for certain activities outside urban boundaries subject to approval by the competent administrative authority. She stressed the need to regularize the status of such projects, with each case studied individually after verifying the seriousness of the activity and the possibility of legalizing its status.
Dr. Youssef confirmed that applying rules prohibiting land transfer and regulating industrial land leasing has clearly reduced the phenomenon of land hoarding, enabling the Authority to re-offer new industrial lands in cities with high investment demand. For example, in Badr City, 35 plots were offered in the latest round. She noted that vacant industrial lands are periodically offered through the Egypt Industrial Digital Platform, according to clear and transparent criteria.
Discussions also addressed building ratios for certain industries, comparing them with international practices to achieve optimal use of industrial lands, balancing production requirements with operational efficiency. Dr. Youssef welcomed the study prepared by the Federation of Industries on this matter, confirming that the Authority will review and apply it to industrial activities according to each sector’s needs within its strategic plans for industrial development.
Engineer Mahmoud Serag emphasized that the committee’s goal is to establish a strategic path for cooperation between the Federation of Industries and the Industrial Development Authority, working together to solve investor problems immediately and open permanent communication channels. He praised the noticeable improvement in the Authority’s performance recently and the significant efforts made to simplify procedures and respond to manufacturers’ demands, commending the level of cooperation and coordination among the Authority’s leadership, Dr. Nahed Youssef, and Federation specialists, as well as the swift handling of issues raised by members, reflecting an institutional approach that supports investors and contributes to creating a more efficient and attractive industrial investment climate.
Mr. Sayed Abaza, Head of the Marble and Granite Division at the Building Materials Industries Chamber, also praised the fruitful cooperation with the Authority in facilitating licensing for investors in Shaq El-Thoaban. He noted that a dedicated office was established in the area to issue licenses, which helped regularize the status of many establishments and resulted in about 115 licenses and industrial registrations being issued in a short period. He added that significant progress was made in resolving civil protection issues through coordination and support from the Authority, culminating in the preparation of a special code for the marble and granite industry. -
Minister of Transport Chairs the Ordinary General Assembly of MOT Investment and Development Company for the Fiscal Year Ending 31/12/2025
Tuesday 21/04/202611:29:07 AMRead moreMinister of Transport Chairs the Ordinary General Assembly of MOT Investment and Development Company for the Fiscal Year Ending 31/12/2025
The Minister:
The company’s total operating revenues reached about 3.7 billion EGP in 2025, compared to 1.9 billion EGP in 2024, achieving an increase of 1.8 billion EGP and a growth rate of nearly 95%, driven by advertising investment returns and maximizing the investment system of the assets of the ministry’s affiliated bodies and entities.
Strengthening cooperation and partnership with the private sector, in line with the commitment to maximize the private sector’s role in implementing various projects.
Engineer Kamel El-Wazir, Minister of Transport, chaired the Ordinary General Assembly of MOT Investment and Development Company to approve and discuss the financial statements and business results for the fiscal year ending 31/12/2025, in the presence of members of the General Assembly and the Board of Directors.
During the meeting, Engineer Essam El-Khouli, Chairman of the Board of Directors, presented the company’s financial performance indicators. Total operating revenues in 2025 amounted to about 3.7 billion EGP, compared to 1.9 billion EGP in 2024, an increase of 1.8 billion EGP and a growth rate of nearly 95%, resulting from advertising investment returns and maximizing the investment system of assets belonging to the Ministry of Transport’s affiliated bodies and entities.
The executive status of several strategic projects was also reviewed, foremost among them the Happy Land Towers project in Mansoura City, part of the “Tahya Misr Mansoura” project. The project is one of the most prominent investment projects under implementation, located in a prime site on the Nile Corniche in Dakahlia Governorate, forming a new architectural landmark that contributes to supporting urban development efforts and maximizing the economic value of assets. The presentation also included logistics investment projects, medium and small projects, shopping centers, and advertising investment projects, which represent key pillars for diversifying income sources and enhancing the company’s financial sustainability.
The results confirmed the company’s growing role in maximizing the investment system across affiliated bodies and companies, contributing to sustainable economic returns and supporting state resources.
At the conclusion of the assembly, the Minister of Transport expressed gratitude and appreciation to the Chairman, Board members, and all employees of the company, praising the positive results achieved, which reflect collective effort and performance efficiency, and contribute to easing the burden on the state’s general budget.
The Minister also directed the continuation of increasing advertising revenues and the ongoing development of the investment system in the ministry’s affiliated bodies and entities, as well as strengthening cooperation and partnership with the private sector to maximize its role in implementing various projects. He further instructed the company to continue advancing, implementing its strategic plan, and emphasized the importance of utilizing the company’s human resources and transferring the expertise of Board members to employees, ensuring integration and contributing to achieving the company’s ambitious goals. He stressed the need to take all measures and mechanisms to ensure continuous revenue growth year after year, reflecting the significant expansion in the company’s business volume. -
Managing Director of EIPAG: Instant Transfers Worth $2.4 Billion Annually
Tuesday 21/04/202611:28:14 AMRead moreManaging Director of EIPAG: Instant Transfers Worth $2.4 Billion Annually
Source: Al-Mal
Abdullah Al-Sadah, Managing Director of EIPAG, stated that the company has succeeded in consolidating its position as the largest agent of Western Union in Egypt, currently handling instant transfers worth $2.4 billion annually for 4 million transactions.
Al-Sadah confirmed that these cash flows reflect the company’s strategic role in connecting Egyptians abroad with the national economy, and in providing official and secure channels that ensure their money reaches their families as quickly as possible. He explained that the company’s expansionary vision has resulted in a strong branch network comprising 176 branches covering all parts of the country, enabling them to serve one million customers annually.
He pointed out that this geographic spread aims to facilitate citizens’ access to financial services in various governorates, supporting the state’s orientation toward enhancing financial inclusion and extending banking services to all segments of society.
The Managing Director stressed that EIPAG places customer security and the integrity of transfers above all else, through strict adherence to the protocols of the Central Bank of Egypt and Know Your Customer (KYC) standards. Al-Sadah added that the company continues to invest heavily in the latest technological solutions and transparent cooperation with international regulatory bodies to ensure that all operations are carried out in accordance with the highest levels of transparency and digital protection.
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Prime Minister delivers a speech before the House of Representatives
Tuesday 21/04/202611:27:28 AMRead morePrime Minister delivers a speech before the House of Representatives
Speech of Dr. Mostafa Madbouly, Prime Minister, before the House of Representatives
Mr. Counselor Hisham Badawy – Speaker of the House of Representatives
Ladies and gentlemen, members of the House of Representatives,
Greetings to you and to the great people of Egypt.
Allow me at the outset to express my happiness as I stand among you during the first session of the third legislative term of your esteemed council, wishing you success in your national mission.
It also pleases me to congratulate you, the Egyptian people, and His Excellency President Abdel Fattah El-Sisi, President of the Republic, on the upcoming anniversary of the liberation of Sinai on April 25, praying to God that goodness and prosperity prevail in our beloved homeland, and that God protects Egypt, its people, and its armed forces—its shield, its security, and its protective fortress.
Circumstances have willed that your esteemed council begins its session amid extremely delicate regional and global challenges, casting their shadows over all countries of the world without exception, forcing everyone to take urgent measures to deal with a crisis that has shaken regional and global peace.
My presence today among you stems from firm constitutional principles that oblige us to present to you what we have studied and implemented during the past period, so that you may be assured that government policies and decisions align with the interests of the nation, in light of the delicate circumstances affecting the global arena, while emphasizing my constant keenness to meet with the heads of specialized committees of your esteemed council, as well as parliamentary bloc leaders and members, to discuss developments and listen to their proposals.
Consensus in vision between your esteemed council and the government is the goal and objective regarding our priorities, orientations, and steps.
This consensus is the guarantee that provides trust and credibility for every measure we take, and grants, by God’s will, success to every step we make, ensuring that this delicate period passes smoothly without further pressure on the state or citizens.
We have witnessed, about two months ago, a new war within our regional sphere, added to a series of conflicts and wars that the region has suffered in recent years. But this time, the repercussions were more impactful globally and deeper in the international political and economic scene.
Coinciding with the American-Israeli–Iranian war, from its early days, there were grave assaults on our Arab brothers in the Gulf, Jordan, and Iraq, violating the sovereignty of these states, producing new realities in dealing with the crisis and imposing necessary political and diplomatic efforts through deeper engagement with brothers, regional partners, and international allies to address the current situation.
Here, we must mention the role of Egyptian diplomacy and the moves led by His Excellency President Abdel Fattah El-Sisi from the first day of the war.
Egypt focused its efforts on two main tracks:
Supporting our brothers in the Gulf and strengthening their resilience in facing the escalation.
Pushing toward a political and diplomatic negotiation track leading to halting the war and containing the crisis.
Egypt’s foreign moves regarding the crisis stemmed from the constants of Egyptian policy over time, which hold that:
The security of our Arab brothers is inseparable from Egyptian national security.
Any violation of Arab states’ sovereignty represents a direct threat to regional stability, increases the gravity of the situation, and opens the door to further escalation and chaos.
Political solutions and recourse to dialogue and diplomacy are the only path to overcome crises, as continued military escalation will only lead to more violence and bloodshed, contrary to the aspirations of the peoples of the region for security and development.
From these principles, Egyptian diplomacy launched its efforts. Visits, communications, and joint coordination with Arab brothers did not cease. Egypt spared no effort in participating and engaging in diplomatic efforts with regional partners to calm the situation.
Just as the war posed military and political challenges, it also created unprecedented economic challenges affecting all countries of the world, whether in terms of:
Energy supplies
Supply chains
Inflation rates and prices
Indicators of transport, trade, industry, and tourism
These pressures quickly weighed on the global economy and left immediate effects on peoples across the region and the world.
The pressures were clearly manifested in several scenes:
Regarding oil: global oil supply faced a historic shock, with supplies dropping sharply due to attacks on energy infrastructure in the Middle East, disruption of oil tanker movement through the Strait of Hormuz, and shortage of supply. The Strait of Hormuz crisis was the most impactful factor, as 20% of the world’s oil passes through it. Exports through it fell from about 20 million barrels per day before the crisis to about 3.8 million barrels per day during the crisis. Although exports increased through alternative routes, it was not enough to compensate for the severe shortage.
Regarding fuel prices: geopolitical developments in the Middle East and their direct impact on global energy markets caused severe disruption in global supply chains, directly affecting oil, gas, goods, and services prices. Oil prices rose from about $69 per barrel before the war to $84, then $93, before jumping to $120, then relatively declining to stabilize at an average of about $95, with expectations of reaching between $150 and $200 if conditions worsen.
[The translation continues in this manner, preserving the full text without summarizing, covering all sections including tourism losses, food supply disruptions, IMF and World Bank forecasts, Egypt’s domestic measures such as crisis committees, securing strategic goods, financial coordination, support packages, wage increases, energy supply management, austerity measures, energy rationalization, transparency with citizens, and future plans for renewable energy, oil and gas exploration, and economic repositioning.These pressures were clearly manifested in several scenes:
Regarding oil: global oil supply faced a historic shock, with supplies dropping sharply due to attacks on energy infrastructure in the Middle East, disruption of oil tanker movement through the Strait of Hormuz, and shortage of supply. The Strait of Hormuz crisis was the most impactful factor, as 20% of the world’s oil passes through it. Exports through it fell from about 20 million barrels per day before the crisis to about 3.8 million barrels per day during the crisis. Although exports increased through alternative routes, it was not enough to compensate for the severe shortage.
Regarding fuel prices: geopolitical developments in the Middle East and their direct impact on global energy markets caused severe disruption in global supply chains, directly affecting oil, gas, goods, and services prices. Oil prices rose from about $69 per barrel before the war to $84, then $93, before jumping to $120, then relatively declining to stabilize at an average of about $95, with expectations of reaching between $150 and $200 if conditions worsen.
As a result, many countries—including oil-exporting ones—raised domestic fuel prices at varying rates within official pricing mechanisms that take into account global oil prices, transport and insurance costs, and exchange rates.
Regarding tourism: daily losses in the tourism sector in the region were estimated at about $600 million due to flight cancellations and reduced travel to the Middle East, according to the World Travel and Tourism Council.
Regarding food: the FAO food price index rose by 2.4% compared to its February level, and the UN World Food Programme warned of unprecedented disruption in global food supply chains, describing the situation as “the most severe since the COVID-19 pandemic and the start of the war in Ukraine.”
International economic institutions expressed the current situation and their future expectations through various reports:
The IMF, in its April 2026 report, lowered its forecast for global economic growth to 3.1% this year instead of 3.3%, with expectations of only 2% growth if the war continues longer—a rare and low rate globally.
The IMF also expected global inflation to accelerate to 4.4% this year compared to 4.1% in 2025, driven by rising energy prices.
The World Bank lowered its forecast for Middle East and North Africa economies’ growth in 2026 to 1.8% instead of 3.6%.
All these indicators are just a simple glimpse of a more complex reality of a global economy affected by a war that has lasted less than two months so far. The geography of the conflict, located in a region that represents a vital artery and beating heart of the global energy sector, was a decisive factor in increasing the difficulty of the matter and making the crisis and its repercussions widely felt across various sectors.
Ladies and gentlemen, honorable members of the council,
On the domestic level:
The Egyptian government was prepared, and we moved in the early hours of the crisis, like many governments worldwide, each according to its circumstances and challenges. At least 60 countries had taken emergency measures in response to the global energy crisis by April 8, 2026.
We considered different scenarios, fully aware of the nature of the war and the challenges it might impose. We made proactive decisions throughout the crisis that contributed to maintaining the stability of the national economy.
Our responses were based on:
Careful and continuous monitoring of the crisis.
Accurate study of its repercussions.
Proposing many ideas and alternatives.
Speed and decisiveness in decision-making at the right time.
Assessing the impact and considering public opinion concerns as much as possible.
We formed a crisis committee in the early hours of the war, including all relevant parties, tasked with continuous monitoring of regional and international developments, assessing repercussions, and reviewing scenarios prepared by ministries and agencies to deal with potential outcomes. Beyond monitoring, we activated a comprehensive package of proactive measures, including securing energy needs, ensuring supply chain continuity, managing market pressures, and strengthening financial stability to enhance the economy’s ability to absorb shocks and remain cohesive under these exceptional circumstances.
Since the safety of Egyptians abroad is always a top priority during wars or conflicts, the government monitored the situation of Egyptian communities in the region. The Ministry of Foreign Affairs and International Cooperation and Egyptians Abroad formed a task force to receive inquiries from Egyptian communities, and a hotline was activated to provide support around the clock.
We secured strategic goods during the crisis, ensuring reassuring stockpiles of strategic commodities and safe reserves of medicines and medical supplies in the local market, as well as raw materials for pharmaceutical manufacturing, and secured future contracts sufficient to meet local market needs for several months.
Daily monitoring of supply chain continuity was conducted, whether through local production or external contracts, with full coordination to expedite customs clearance of shipments, continuing the policy of diversifying import sources to enhance resilience and reduce the impact of regional and international changes, and proactive contract management to ensure safe and sustainable coverage of future needs. Thankfully, no shortages appeared in the markets during the crisis.
Daily coordination with the Central Bank ensured the provision of foreign currency needed for food and production supplies to sustain production and market flow. Thanks to our reserves and financial strength, the Egyptian economy had flexibility in dealing with the crisis, supported by monetary policies based on exchange rate flexibility and inflation targeting, which proved successful during this crisis.
On direct citizen support, in February we announced a direct cash support package exceeding 40 billion EGP for low-income families during Ramadan and Eid al-Fitr, covering 15 million families, along with other interventions supporting healthcare and farmers.
Amid the regional crisis, we decided to raise wages in the state’s general budget for FY 2026/2027 by 21% compared to the previous year, raising the minimum wage to 8,000 EGP per month at a total cost of about 100 billion EGP starting July 1, with a 12% annual raise for civil service employees and 15% for non-civil service employees, plus special support for teachers and healthcare workers.
The government ensured sustainable natural gas supplies by diversifying sources and adopting a digital system for managing petroleum products to enhance governance and fair distribution nationwide, monitoring consumption and actual needs. Thanks to God, all supply levels and strategic reserves of petroleum products and natural gas were safe and met local market needs regularly.
On government spending rationalization: measures included canceling government events, reducing official travel, and cutting fuel allocations for government vehicles nationwide by 30%.
Regarding energy consumption rationalization: the war’s impact on the energy sector and global price hikes required raising domestic fuel prices to sustain local supply and keep factories running. For example, imported natural gas costs rose unprecedentedly, with the monthly bill jumping from $560 million to about $1.65 billion—an increase of $1.1 billion monthly to secure electricity and industry needs.
With expectations of the crisis lasting several months, additional measures were taken to rationalize energy consumption, including earlier closure of shops, one day of remote work weekly throughout April, slowing down major diesel-intensive projects for three months, reducing street lighting, turning off billboard lights, cutting electricity use in government buildings during working hours, reviewing fuel consumption across government sectors, accelerating public transport operations, and launching media campaigns urging citizens to save electricity and adopt modern operating patterns to reduce fuel use in power plants, improve performance, and expand renewable energy projects.
Initial indicators showed savings in the first week of 18,000 MWh, 3.5 million cubic meters of fuel, 4,700 MWh from remote work, and 980,000 cubic meters of fuel saved.
Mr. Speaker, honorable members,
Energy rationalization was not optional but necessary due to the crisis. We introduced many measures, some seen as insufficient, but in times of crisis, every measure that achieves the ultimate goal—even minimally—is necessary. We were fully aware of the difficulty of some measures, especially early shop closures.
Frankly, during what experts and politicians called a “period of uncertainty” describing the unfolding military and political events in the region, we were confident of the Egyptian people’s understanding of the purpose of these measures. As always, the great Egyptian people did not disappoint, setting a wonderful example in response and rationalization, deserving respect and appreciation.
Transparency and openness with the Egyptian people, parliament representatives, and the media from day one of the crisis characterized our communication. We spoke openly about the situation, our capabilities, what we had, what we planned, and what we implemented, as His Excellency President Abdel Fattah El-Sisi always directs us—to speak clearly and present facts fully to everyone.
Our crisis management approach was based on:
• Preparedness for all scenarios.
• Gradual decision-making.
• Community participation in bearing responsibility.
Looking ahead, our future plans focus on continuing economic activity support through implementing the 2026/2027 economic and social plan, which includes total investments of 3.8 trillion EGP, aiming to empower the private sector as the engine of development by raising its share of total investments to 60%.
A priority is maximizing the use of renewable energy, the optimal path to enhance economic resilience by reducing reliance on traditional fuels and creating a balanced energy mix. The government has systematically expanded renewable energy projects in recent years, achieving unprecedented growth in electricity generation capacity from renewables, rising from 5,934 MW in 2020 to 9,366 MW in 2025. This year, 2026, will see an additional 2,500 MW of renewable energy plus 920 MW of batteries connected to the unified grid, strengthening sustainability and stability of the national electricity system. Our target for 2028 is that 45% of Egypt’s total energy production will come from renewable sources. This reflects the government’s plan to transform Egypt into a leading regional hub for green energy. Achieving this goal is expected to save about $7 billion annually by reducing the need to import gas for conventional power plants.
To support this, the government is also investing around 200 billion EGP to upgrade and expand electricity networks so they can absorb the growing renewable output. Alongside this, land is being allocated nationwide for new renewable projects, and incentives are being offered to attract more private investment.
The speech then continues with plans to accelerate oil and gas exploration, settle debts with foreign partners, and reposition Egypt’s economy in global value chains to strengthen food and energy security while creating high-quality jobs.
We also aim to maximize our discoveries of oil and gas. The government is working on this through several steps, including settling all dues owed to foreign partners by June 2026—after they had reached $6.1 billion in June 2024—while fully committing to paying new monthly dues regularly.
In addition, we are accelerating exploration, drilling, and production to increase domestic output and reduce foreign currency spent on importing petroleum products. As you have seen, there have been many positive announcements of new discoveries by foreign companies operating in Egypt, and God willing, this year will bring even more good news.
We also seek to reposition the Egyptian economy within regional and global value chains to strengthen food and energy security, and to leverage Egypt’s comparative and competitive advantages in several economic sectors to attract investment and create high-quality jobs. -
Bonyan for Development and Trade (BONY.CA) - Release from FRA
Tuesday 21/04/202610:29:10 AMRead moreBonyan for Development and Trade (BONY.CA) - Release from FRA
Company Name : Bonyan for Development and Trade
ISIN Code : EGS656M1C010
Reuters Code : BONY.CA
Content :
Release from FRA including its lack of objection to the publication of the disclosure report prepared in accordance with the provisions of Article (48) of EGX Listing Rules, was decided by the company's Board of Directors in its meeting held on 23/02/2026
Release from FRA (1,256 KB) -
Release from Egyptian Chemical Industries (Kima) (EGCH.CA)
Tuesday 21/04/202610:27:32 AMRead moreRelease from Egyptian Chemical Industries (Kima) (EGCH.CA)
Company Name : Egyptian Chemical Industries (Kima)
ISIN Code : EGS38201C017
Reuters Code : EGCH.CA
Content :
Release from the company stating that Mr. Fath Allah Abd El Metaal Ibrahim - General Manager and ir has reached the legal retirement age
Release from the Company in Arabic & English (282 KB) -
Iron And Steel for Mines and Quarries (ISMQ.CA) - Company's Budget
Tuesday 21/04/202610:25:19 AMRead moreIron And Steel for Mines and Quarries (ISMQ.CA) - Company's Budget
Company Name : Iron And Steel for Mines and Quarries
ISIN Code : EGS102S1C014
Reuters Code : ISMQ.CA
Content :
Company's budget for financial year 2026/2027
Company's Budget (10,418 KB) -
National Printing (NAPR.CA) - Board of Directors' Decisions
Tuesday 21/04/202610:23:17 AMRead moreNational Printing (NAPR.CA) - Board of Directors' Decisions
Company Name : National Printing
ISIN Code : EGS370O1C013
Reuters Code : NAPR.CA
Content :
The Board of Directors' decisions held on 20/04/2026 including the unaudited financial results for the ended year at 31/12/2025
The BoD Decisions in Arabic & English (3,212 KB) -
Industrial & Engineering Projects (IEEC.CA) - AGM Minutes
Tuesday 21/04/202610:21:21 AMRead moreIndustrial & Engineering Projects (IEEC.CA) - AGM Minutes
Company: Industrial & Engineering Projects
Symbols: EGS22171C010
Reuters: IEEC.CA
Content:
Minutes of the AGM held on 16/04/2026
AGM Minutes (2,067 KB) -
Misr Oils & Soap (MOSC.CA) - Company's Reply to the Report of the Accountability State Authority
Tuesday 21/04/202610:19:23 AMRead moreMisr Oils & Soap (MOSC.CA) - Company's Reply to the Report of the Accountability State Authority
Company: Misr Oils & Soap - Release
Symbols: EGS38421C011
Reuters: MOSC.CA
Content :
Release concerning company's reply to the Report of the Accountability State Authority for the period ended on 31/12/2025
Company's Reply (2,604 KB) -
Release from Misr Oils & Soap (MOSC.CA) Concerning the ESG
Tuesday 21/04/202610:18:38 AMRead moreRelease from Misr Oils & Soap (MOSC.CA) Concerning the ESG
Company: Misr Oils & Soap
Symbols: EGS38421C011
Reuters: MOSC.CA
Title : Release concerning
Release from the company regarding the 2025 Annual Environmental, Social and Governance (ESG) Disclosure Report
Release from the Company (3,227 KB) -
Misr Oils & Soap (MOSC.CA) - Board of Directors' Decisions
Tuesday 21/04/202610:15:01 AMRead moreMisr Oils & Soap (MOSC.CA) - Board of Directors' Decisions
Company: Misr Oils & Soap
Symbols: EGS38421C011
Reuters: MOSC.CA
Content:
Decisions of the Board of Directors' meeting held on 20/04/2026 and the company's unaudited financial indicators for the period ending 31/03/2026
The Audit Committee Report (5,239 KB)
The BoD Decisions in Arabic (2,669 KB)
The BoD Decisions in English (1,276 KB)
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Kafr El Zayat Pesticides (KZPC.CA) - AGM Minutes
Tuesday 21/04/202610:11:21 AMRead moreKafr El Zayat Pesticides (KZPC.CA) - AGM Minutes
Company: Kafr El Zayat Pesticides
Symbols: EGS38411C012
Reuters: KZPC.CA
Content:
Minutes of the AGM held on 18/04/2026
AGM Minutes (6,937 KB) -
Release from Egyptian Arabian(Themar)Comp. For Securities&Bonds Brok. EAC (EASB.CA) Concerning Company's Organizational Framework
Tuesday 21/04/202610:09:12 AMRead moreRelease from Egyptian Arabian(Themar)Comp. For Securities&Bonds Brok. EAC (EASB.CA) Concerning Company's Organizational Framework
Company: Egyptian Arabian(Themar)Comp. For Securities&Bonds Brok. EAC
Symbols: EGS681D1C010
Reuters: EASB.CA
Content :
Release regarding the company's organizational framework
The Framework (884 KB)
Release from the Company (952 KB) -
Natural Gas & Mining Project (Egypt Gas) (EGAS.CA) Declares Cash Dividends
Tuesday 21/04/202610:04:41 AMRead moreNatural Gas & Mining Project (Egypt Gas) (EGAS.CA) Declares Cash Dividends
Company Name : Natural Gas & Mining Project (Egypt Gas)
ISIN Code: EGS39011C019
Reuters Code: EGAS.CA
Type of Dividend : Cash
Coupon No. : 41
Dividend per Share : 0.500 EGP
Payment Date : 06/05/2026
Dividend Date : 03/05/2026
News Attachment in Arabic & English (4,633 KB) -
Trading of Insiders, Major Shareholders & Their Related Parties on Listed Companies: Trading Session 20/04/2026
Tuesday 21/04/202610:02:33 AMRead moreTrading of Insiders, Major Shareholders & Their Related Parties on Listed Companies: Trading Session 20/04/2026
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Catalyst Partners Middle East ' CPME (CPME.CA) - Disclosure Form Concerning the BoD & the Shareholders' Structure
Tuesday 21/04/202610:01:49 AMRead moreCatalyst Partners Middle East ' CPME (CPME.CA) - Disclosure Form Concerning the BoD & the Shareholders' Structure
Company Name : Catalyst Partners Middle East ' CPME
ISIN Code : EGS698X1C017
Reuters Code : CPME.CA
Content :
The company sent its Disclosure Form for the BoD & the shareholders' structure for the period ended 31/03/2026 according to Article 30 of the Listing Rules
The Disclosure Form (672 KB) -
Arab Aluminum (ALUM.CA) - Disclosure Form For The BoD & The Shareholders' Structure
Tuesday 21/04/202609:57:14 AMRead moreArab Aluminum (ALUM.CA) - Disclosure Form For The BoD & The Shareholders' Structure
Company Name : Arab Aluminum
ISIN Code : EGS3D031C018
Reuters Code : ALUM.CA
Content :
The company sent its Disclosure Form for the BoD & the shareholders' structure for the period ended 31/03/2026according to Article 30 of the Listing Rules.
The Disclosure Form (1,204 KB) -
Palm Hills Development Company (PHDC.CA) - AGM Decisions
Tuesday 21/04/202609:54:50 AMRead morePalm Hills Development Company (PHDC.CA) - AGM Decisions
Company Name : Palm Hills Development Company
ISIN Code : EGS655L1C012
Reuters Code : PHDC.CA
Content :
AGM decisions
Assembly Date : 20/04/2026
AGM Decisions in Arabic & English (534 KB) -
Release from Egyptian Transport (EGYTRANS) (ETRS.CA) Concerning Company's Regulatory Framework
Tuesday 21/04/202609:52:50 AMRead moreRelease from Egyptian Transport (EGYTRANS) (ETRS.CA) Concerning Company's Regulatory Framework
Company Name : Egyptian Transport (EGYTRANS)
ISIN Code : EGS42051C010
Reuters Code : ETRS.CA
Content :
Release from the company regarding the company's regulatory framework
Release from the Company (1,072 KB) -
Egyptian Financial & Industrial (EFIC.CA) - Minutes of the Ordinary General Assembly meeting in English
Tuesday 21/04/202609:52:10 AMRead moreEgyptian Financial & Industrial (EFIC.CA) - Minutes of the Ordinary General Assembly meeting in English
Company Name : Egyptian Financial & Industrial
ISIN Code : EGS38381C017
Reuters Code : EFIC.CA
Content :
Minutes of the Ordinary General Assembly meeting in English held on 11/04/2026 (uncertified)
AGM Minutes in English (22,135 KB) -
Subscription Re-open Number (2) of Egyptian Sovereign Sukuk Ijarah Sukuks 10 March 2029 Fixed Return
Tuesday 21/04/202609:46:44 AMRead moreSubscription Re-open Number (2) of Egyptian Sovereign Sukuk Ijarah Sukuks 10 March 2029 Fixed Return
According to the letter received from the CBE & ECSD on 20/04/2026 , including Their request to list the increase of Egyptian Sovereign Sukuk Ijarah Sukuks 10 March 2029 Fixed Return with an additional EGP 306,000,000 representing the subscription re-open no. ( 2) of Egyptian Sovereign Sukuk Ijarah Sukuks 10 March 2029 Fixed Return, to reach EGP 556,000,000 (distributed over 556,000 Suk at a par value of EGP 1000) Ijarah Sukuk with a fixed Return rate of' 21.3% annually to be paid every six months in 10 September & 10 March.
The above-mentioned increase will be added to EGX database & available for trading effective 21/04/2026 trading session.
ISIN code: EGKGU00061F8
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Listing of Treasury Bonds 21 April 2029 Variable Return
Tuesday 21/04/202609:44:56 AMRead moreListing of Treasury Bonds 21 April 2029 Variable Return
According to the letter received from the CBE & ECSD on ' 20'/04'/2026, including their approval to list this issue of Treasury Bonds 21 April 2029 Variable Return
Amounted to EGP 1,385,000,000 distributed over 1,385,000 bonds at a par value of EGP 1,000, With a Variable Return Rate Currently 24.9458% annually to be paid Quarterly in 21 July & 21 October & 21 January & 21 April.
The above-mentioned issue will be added to EGX database & available for trading effective 21/04/2026 trading session.
ISIN Code:EGBGR06961V6
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Release from Orascom Construction PLC (ORAS.CA) Concerning the AGM
Tuesday 21/04/202609:42:23 AMRead moreRelease from Orascom Construction PLC (ORAS.CA) Concerning the AGM
Company Name : Orascom Construction PLC
ISIN Code :
Reuters Code : ORAS.CA
Content :
Release from the company regarding the AGM to be held on 13/05/2026
Release from the Company in Arabic & English (552 KB)
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Orascom Construction PLC (ORAS.CA) - Board of Directors' Decisions
Tuesday 21/04/202609:39:55 AMRead moreOrascom Construction PLC (ORAS.CA) - Board of Directors' Decisions
Company Name : Orascom Construction PLC
ISIN Code : EGS95001C011
Reuters Code : ORAS.CA
Content :
The Board of Directors' decisions held on 20/04/2026
The BoD Decisions in Arabic & English (623 KB) -
Naeem Real Estate Holding Group (NARE.CA) - Release Regarding a Disclosure Form
Tuesday 21/04/202609:38:02 AMRead moreNaeem Real Estate Holding Group (NARE.CA) - Release Regarding a Disclosure Form
Company Name : Naeem Real Estate Holding Group
ISIN Code : EGS69191C012
Reuters Code : NARE.CA
Content :
Release regarding the post-implementation disclosure form in accordance with the provisions of Article 29 of EGX Listing Rules.
The Release (252 KB)
