Author: Rana Salem

Egypt’s startup ecosystem is entering a new phase. Launched in February 2026, the Egypt Startup Charter consolidates policies, incentives, and support mechanisms under a single national framework. For founders, investors, and ecosystem players, it is more than a strategy document—it reshapes how startups are defined, regulated, taxed, scaled, and even exited. At a time when entrepreneurship is increasingly seen as a driver of economic growth, the Charter signals a decisive shift in how the state positions startups within the broader economy. A roadmap, not a law The Charter functions as a national roadmap for entrepreneurship, developed by the Ministerial Group…

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Pricing incentives, vessel redeployments, and renewed service routes suggest a measured return of confidence in the Suez Canal. After years of caution, the reappearance of the world’s largest container ships is beginning to look less like chance and more like calculation. The Suez Canal Authority (SCA) has signalled a clear strategy. Through press releases in late January and February 2026, it highlighted three converging trends: ultra-large vessels returning, major alliances restoring services, and financial incentives reshaping the economics of the route. A 15% toll reduction shifts the equation At the core is Navigational Circular No. 3/2025, offering a 15% toll…

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Egypt’s real estate market is entering a new phase. For years, frozen rental laws, fragmented property records, and limited transparency kept much of the sector outside the formal economy, favoring new cities and high-end projects while older urban areas stagnated. That balance is now shifting, driven by legal reform, foreign capital inflows, and tourism strategies reshaping demand. *All data is from the latest real estate industry insight by the American Chamber of Commerce in Egypt. Real estate as a strategic economic pillar The sector now contributes roughly 10–11% of GDP, alongside manufacturing and tourism. In H1 FY 2024/25,…

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Speaking at the American Chamber of Commerce in Egypt (AmCham) luncheon on February 1, Karim Badawi, Minister of Petroleum and Mineral Resources, returned to conversations that began in mid-2024, when Egypt’s energy sector was under pressure and confidence among partners was being tested. What he outlined was not a list of pledges or a polished roadmap, but a strategic framework built around six pillars that now guide how Egypt is approaching energy, mining and investment — and how these strands are increasingly being aligned. Energy security before anything else Badawi made clear that energy security remains the government’s primary objective.…

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As Egypt advances its national development agenda amid economic, environmental, and technological shifts, the United Nations Development Programme (UNDP) continues to play a central role in supporting inclusive and sustainable growth across the country. With more than five decades of partnership in Egypt, UNDP works closely with government institutions, the private sector, and local communities to translate national strategies into tangible development outcomes. As she begins her tenure as UNDP Resident Representative in Egypt, Chitose Noguchi steps into a country navigating an important phase of transformation. In this interview with Business Monthly, she outlines UNDP’s role in supporting Egypt Vision…

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The American Chamber of Commerce in Egypt’s Real Estate Conference, held on January 27, offered a timely snapshot of a sector undergoing a structural reset. After years driven by inflation, currency depreciation, and speculative demand, Egypt’s real estate market is recalibrating toward a more disciplined phase, shaped by macroeconomic stabilization, product quality, and the early emergence of real estate as an export-driven industry. The transition is gradual and uneven, but speakers agreed it is structural rather than cyclical. Stabilization, without complacency Opening the conference, Mohamed Youssef, CEO of Dcode Economic and Financial Consulting, framed Egypt’s economy as emerging from a…

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Egypt’s balance of payments recorded an improvement in the first quarter of fiscal year 2025/2026, as the current account deficit narrowed, according to data released by the Central Bank of Egypt (CBE) on January 21. The CBE said the current account deficit declined by 45.2 percent year-on-year, reaching $ 3.2 billion during the July–September 2025 period, compared with US$ 5.9 billion in the same quarter of the previous fiscal year. The overall balance of payments (BoP) recorded a deficit of $ 1.6 billion, compared with $ 991.2 million a year earlier. Current account developments According to the CBE, net unrequited…

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At the World Economic Forum (WEF) in Davos, President Abdel Fattah El-Sisi highlighted Egypt’s reform-driven development model, linking infrastructure, private-sector growth, and human capital to long-term economic resilience and regional stability. El-Sisi highlighted that Egypt’s investments over the past decade have strengthened both economic fundamentals and the country’s role as a stabilizing force in the region. “The infrastructure per se is in itself a stabilizing factor, because businessmen and institutions are inclined to come to Egypt to contribute,” he said on January 21. Infrastructure and connectivity as growth drivers The president outlined Egypt’s focus on building modern infrastructure to attract…

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Egypt is strengthening its position in artificial intelligence (AI) readiness as governments across the Middle East and North Africa (MENA) shift from policy design to implementation, according to the 2025 Government AI Readiness Index published by Oxford Insights. Egypt’s AI readiness Within the MENA region, Egypt is identified as one of the countries accelerating its AI agenda through updated policy frameworks and expanded public-sector digitalization. The report points to Egypt’s revised national AI strategy as a key driver of progress, aligning AI policy more closely with broader digital transformation priorities. This momentum is underpinned by Egypt’s Digital Egypt agenda under…

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Egypt has signed agreements worth more than $1.8 billion to develop two major clean energy and battery manufacturing projects, marking one of the country’s largest steps to date toward building a fully integrated renewable energy ecosystem. The agreements were signed on January 11 and witnessed by Prime Minister Mostafa Madbouly ahead of his visit to the Suez Canal Economic Zone, underscoring the projects’ strategic importance to Egypt’s energy and industrial ambitions. Energy Valley: a new model for round-the-clock clean power The first project, led by Norway-based renewable energy company Scatec, will see the development of the Energy Valley project in…

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