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2026-2027 budget to boost citizens, investors, economic growth

March 28, 2026
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Egyptian Gazette
Home Egypt

2026-2027 budget to boost citizens, investors, economic growth

by Gazette Staff
March 28, 2026
in Egypt, Late Night Roundup
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The upcoming budget targets a 27.6% increase in public revenues, aiming to reach approximately LE4 trillion. Public expenditures are projected to rise by 13.2%, totaling LE5.1 trillion.

FM: Diplomacy, dialogue key to regional de-escalation

Foreign Minister Badr Abdel-Aati underscored the urgent need for dialogue and diplomacy as the only path to prevent regional chaos during a series of high-level phone consultations on Saturday, the Ministry of Foreign Affairs said a statement.

Egypt tightens energy use to protect economy amid global pressures

As global energy costs surge and fiscal pressures mount amid the US-Israel-Iran tensions, Egypt is once again turning to consumption controls, a politically sensitive but economically necessary strategy to stabilise public finances.

Sobky: 76.7% surge in medical tourism revenues

Chairman of the General Authority for Healthcare, Ahmed el-Sobky, has affirmed that Egypt is experiencing a significant qualitative advancement in its medical tourism sector, driven by continuous improvements in healthcare services and the ongoing enhancement of the quality of care delivered across the authority’s facilities.

Death toll from Kenyan floods rises to 108

Weeks of heavy rains and flooding have now killed 108 people in Kenya, the National Police Service said on Saturday in an updated death toll.

Israel military kills 15-year-old Palestinian boy

The Israeli military killed a 15-year-old Palestinian boy near Bethlehem late on Friday, according to the Palestinian health ministry, as violence in the Israeli-occupied West Bank surges.

Baghdad orders probe after drone targets Kurdistan president’s home

A drone attack targeted the home of the president of ​Iraq’s Kurdistan Region early on Saturday, security sources ‌said, in an incident that comes as tensions continue to rise across northern Iraq.

Zelensky agrees air defence coop. with UAE, Qatar

Qatar and Ukraine signed a defence agreement on Saturday which includes cooperation on countering threats from missiles and drones, the Gulf state’s government said, as Iran presses an aerial campaign against its neighbours.

Flights resume at Washington airports

The Federal Aviation Administration said traffic was resuming at the three primary Washington, DC-area airports late on Friday after a strong chemical smell forced the evacuation of a Virginia air traffic control facility.

UN warns of global food risk

UN Secretary-General Antonio Guterres has launched an interagency task force to help secure the passage of fertilisers through the Strait of Hormuz; his spokesperson announced on Saturday.

Hezbollah launches 250 projectiles at Israeli soldiers

Hezbollah has launched some 250 projectiles from Lebanon in the past 24 hours, according to an Israeli military official who spoke on the condition of anonymity in line with military guidelines.

‘GEM among 2026’s top global destinations’

Time magazine has included the Grand Egyptian Museum (GEM) among the world’s leading tourist and archaeological destinations recommended for visitation in 2026.

Max calls his Red Bull car ‘undriveable’

TOKYO — A despondent Max Verstappen labelled his Red Bull car “undriveable” after the four-time world champion qualified a lowly 11th for Sunday’s Japanese Grand Prix.

Russian drones kill 4 in Ukraine

Russia launched a barrage of drones in waves of attacks on Ukraine, killing four people and damaging gas production facilities, port infrastructure, residential buildings ‌and a maternity hospital, Ukrainian officials said on Saturday.

 Israeli strike kills 3 Lebanese journalists

An Israeli strike on a car in southern Lebanon has killed three Lebanese ‌journalists, Lebanon’s Al Manar TV reported on Saturday.

Israeli military to ‘complete’ attacks against Iran’s essential weapons facilities

Israel’s military has struck more than 1,000 sites involved in weapons production. “This means we will have destroyed the majority of their military abilities, and it will take the regime a long time to rehabilitate them,” military spokesman Brig. Gen. Effie Defrin said. “They wanted to launch hundreds of missiles towards Israel, and they’re having difficulty realizing that goal, and they are launching much fewer,” he added.

WHO: attacks in southern Lebanon kill nine paramedics

The World Health Organisation (WHO) said on ​Saturday that nine ‌paramedics were killed and seven others wounded in ​five separate ​attacks on health care in ⁠southern Lebanon.

The latest ​incidents struck medical ​teams in five separate villages, WHO Director-General Tedros Adhanom ​Ghebreyesus said in ​a social media post.

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