Egypt

Egypt to disburse wheat farmers’ dues within 48 hours: agriculture minister

Alaa Farouk, Egypt's Minister of Agriculture and Land Reclamation, stated that financial dues owed to wheat farmers and suppliers will be disbursed within a maximum of 48 hours. The government has raised the wheat procurement price to EGP 2,500 per ardeb for the current season. Locally produced wheat receipt begins on April 15 and continues until August 15.

Egypt’s gold investment funds record EGP 9.28bn net assets in March

April 14, 2026 Reported by AI

Egypt’s gold investment funds recorded total net assets of EGP 9.28bn in March 2026, according to a report by the Financial Regulatory Authority (FRA). Investor accounts reached approximately 289,000, indicating an expanding base. Individual investors account for 72% of total accounts.

Africa

Petrogulf raises Gulf of Suez output to 26,600 barrels per day

Africa

Egypt and Uganda deepen economic ties and Nile cooperation

Africa

Egypt's planning minister meets World Bank mission on strategic partnership

A-Plus Developments secures ministerial decree for Jiran Residence in October Gardens

A-Plus Developments has announced obtaining the ministerial decree for its Jiran Residence project in October Gardens, West Cairo, marking a key regulatory milestone. Construction began more than two months ago following excavation permits, with the project now in its early development phase.

Egypt's military production minister discusses cooperation with India's Parasn

April 13, 2026 Reported by AI

Salah Gamblat, Egypt's Minister of State for Military Production, met with a delegation from India's Parasn Advanced Systems to explore ways to strengthen strategic cooperation across manufacturing sectors. The meeting follows directives from President Abdel Fattah Al-Sisi to expand partnerships with global companies supporting local manufacturing. Discussions focused on enhancing production capabilities and adopting advanced technologies.

Africa