Egypt targets doubling crude oil and condensate output under a five-year strategy while advancing six refinery projects exceeding $4 billion in investment, aiming to strengthen its regional energy hub position and reduce fuel imports.
President El-Sisi met Italian energy giant Eni's CEO to discuss $8.5 billion investments in Egyptian oil and gas exploration, including 230 planned wells and Cyprus gas field connectivity, strengthening Egypt's regional energy hub position.
Egypt's Prime Minister visits Tanzania for the inauguration of the Julius Nyerere Dam.
Prime Minister Madbouly witnessed the leadership handover of Egypt's Suez Canal Economic Zone, with newly appointed chairperson Mostafa Sheikhoun replacing outgoing leader Waleid Gamal El-Din, following a presidential decree aimed at advancing the zone's position as a global investment destination.
Egypt's Prime Minister declares August 27 a paid holiday for Prophet Muhammad's birthday.
President Sisi directed boosting Egypt's local manufacturing of black sand, rare earth elements, and fertilizers while advancing renewable energy targets to reach 45 percent electricity generation by 2028 through strategic partnerships and investments.
Prime Minister Mostafa Madbouly inspects development projects in Gharbiya Governorate, Egypt.
Egypt's President El-Sisi orders a committee to inspect beaches and ensure public access.
Prime Minister Mostafa Madbouly inaugurated the renovated June 30 Corniche in Matrouh governorate on Sunday.
Egypt's Planning Minister Ahmed Rostom chaired preparations for hosting the Global Entrepreneurship Festival in Cairo November 6-8, 2026, expecting over 10,000 participants from 70 countries to showcase Egypt's entrepreneurial leadership across Africa and the Middle East.
Chinese investment in Egypt exceeded $10 billion, reflecting expanding economic partnership across strategic industries including manufacturing, energy, and technology, positioning China as a major long-term economic partner supporting regional development.
Egypt's Sovereign Fund launched an Africa-focused investment vehicle targeting financial services, tourism, health, and education sectors, while also planning an industrial investment fund to maximize state-asset returns and attract domestic and foreign capital.
Prime Minister Mostafa Madbouly reviews Egypt's sovereign fund strategy to maximize state asset returns.
Egypt's Prime Minister Madbouly prioritized energy security with Petroleum Minister Badawi, emphasizing increased domestic production, new discoveries development, and LNG imports to ensure uninterrupted fuel and electricity supplies across sectors.
Egypt's petroleum minister confirmed regular LNG and fuel shipments are sustaining continuous power generation and stabilizing the national grid during peak summer demand, with coordinated efforts among multiple government agencies securing energy supplies.
Prime Minister Madbouly announced on August 2, 2026, that President al-Sisi's government prioritizes supporting Egyptians abroad through services and facilities, valuing their remittances as vital foreign currency amid regional economic pressures.
Egyptian President Al-Sisi reviewed multiple port and rail infrastructure projects, directing officials to complete them on schedule as Egypt strengthens its position as a regional trade and logistics hub through integrated maritime, rail, and road transport networks.
Qatar and Egypt hold a joint press conference on the sidelines of their high committee meeting.
Benha University's president congratulates President El-Sisi on the Prophet's Birthday occasion.
Egyptian Prime Minister Mostafa Madbouly attended Tanzania's Julius Nyerere Dam inauguration, highlighting Egypt's soft power influence in Africa through an Egyptian consortium's successful infrastructure project supporting Tanzania's electricity needs and regional development cooperation.
The government discusses settling National Media Authority debts to the National Investment Bank.
Egypt aims to restore its global cotton standing by modernizing its state textile firm and increasing private sector involvement.
Egypt aims for renewable energy to reach 45 percent of its electricity generation by 2028, accelerating investments in clean energy and battery storage while developing local manufacturing capabilities to strengthen energy security and position itself as a regional energy hub.
Egyptian Prime Minister Mostafa Madbouly announces completion of the first Decent Life phase in Gharbia governorate.
Egypt's prime minister reviews progress of internationally backed development projects to ensure economic targets are met on schedule.
Prime Minister Mostafa Madbouly inaugurated the upgraded June 30 Corniche in Matrouh governorate on Sunday.
Prime Minister Madbouly launched Qatari Diar's $29.7 billion Alam Al Roum mixed-use development on Egypt's North Coast, with first-phase construction beginning and delivery expected from 2030, generating approximately 30,000 jobs.
Cairo Airport's new Terminal IV expansion will utilize AI for efficient operations and sustainability.
China's cumulative investment in Egypt surpassed $10 billion, cementing Egypt's role as Beijing's premier African partner through strategic positioning along critical trade routes and manufacturing infrastructure development.
Prime Minister Mostafa Madbouly reviews Cairo International Airport Terminal 4 project progress.
Egyptian Prime Minister Mostafa Madbouly confirmed that Chinese investments in Egypt have exceeded $10 billion across diverse sectors including manufacturing, energy, and technology, reflecting growing confidence in Egypt's investment climate and deepening Cairo-Beijing strategic relations.
Egyptian President Al-Sisi reviews the country's food security system and social protection measures.
Egypt is repairing its Damietta liquefied natural gas port after a July 29 drone attack damaged two vessels, threatening Mediterranean energy trade routes and prompting authorities to deploy a backup regasification unit to secure domestic power supply.
Egypt's Foreign Minister Badr Abdelatty opens the 7th Egyptians Abroad Conference to support expatriate communities.
Egypt's President El-Sisi reviewed a five-year plan to double oil output through enhanced exploration, new technologies, and refinery development worth $4 billion, while encouraging international investment in the petroleum sector.
Nasr Petroleum Company boosts gasoline and diesel output in fiscal year 2025/26.
Qatar and Egypt have deep-rooted relations according to the Prime Minister and Minister of Foreign Affairs.
Egypt increases university admissions in technology fields and reduces humanities intakes.
National Investment Bank records EGP 6bn profit in FY2024/25, marking a strong recovery from previous losses.
Egypt's "Hayah Karima" initiative has allocated LE450 billion to benefit 20 million citizens nationwide.
Prime Minister Mostafa Madbouly reaffirms the government's commitment to developing Egypt's stock market performance and stability.
Egyptian President Al-Sisi orders a third tax relief package to ease financing costs.
Qatari Diar launched a $29.7 billion coastal development project in Egypt with Prime Minister Madbouly attending, involving $3.5 billion direct investment creating 250,000 jobs upon completion and generating significant foreign currency for Cairo's debt reduction efforts.
Egypt is elected to chair Arab AI governance and quantum computing working groups.
Egypt's Prime Minister reviews plans for two $5 billion medical cities in New Capital and New Alamein City.
Prime Minister Mostafa Madbouly reviews MSMEDA's strategic vision with its new CEO Mostafa Ismail.
Egypt's Prime Minister directs early completion of 2027 Hajj preparations to ensure smooth services for pilgrims.
Egyptian Prime Minister Madbouly announced Chinese investments in Egypt have exceeded $10 billion, reflecting growing business confidence in Egypt's investment climate while both nations explore expanded cooperation across industrial, energy, and technology sectors.
Egypt's Prime Minister reviews energy supply plans for August to ensure uninterrupted availability of petroleum products and natural gas.
Egypt's government is evaluating transferring ownership of state holding companies to the private sector to reduce public debt and improve asset management efficiency, under its 2026-2030 State Ownership Policy Document restructuring initiative.