Egypt’s Al Monairy taps 20% of 2024 exports for Kenya market
Egypt’s Al Monairy for Corn Products seeks to direct 20 percent of its exports to the Kenyan market in 2024, said…
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SCZone launches promotional campaign to doorknock BRICS investments
General Authority for Suez Canal Economic Zone (SCZone) will start a promotional campaign in order to attract…
PepsiCo Egypt has 40% women in leadership: Shelbaya
Women’s share of leadership roles in PepsiCo Egypt reached almost 40 percent, said Mohamed Shelbaya, chairman and…
Egypt’s gold, precious stones exports hit $1.633bln in 2022
Egypt’s gold exports grew by 45 percent reach $1.633 billion in 2022 compared to $1,126 billion in 2021, according…
Egypt to complete Misr Life Insurance share sale before H1-end: minister
Egypt plans to complete selling shares of Misr Life Insurance on the stock exchange or offering them to strategic…
Egypt’s non-oil exports rise 12% y/y in 10 months
Egypt’s non-oil exports surged 12 percent to $30.4 billion in the first ten months of the year compared to $27.1…
Kellogg’s Noodles aims to increase Egypt business ten-fold by 2027
Kellogg's Noodles Egypt is planning to increase its business volume in the North African country by ten-fold in the…
Egypt’s SCZone eyes transition to green bunker fuels by 2026
Egypt’s Suez Canal Economic Zone (SCZone) plans to start transition to green bunker fuel for ships crossing the…
Egypt’s Suez Canal revenues grow 32.4% in August
Egypt’s revenues from the Suez Canal surged 32.4 percent year-on-year to $744.8 million in August.
Egypt’s imports of mobile phones fall 58.3% in 5 months – CAPMAS
Egypt’s imports of mobile phones fell 58.3 percent year-on-year to $313.3 million in the first five months of the…
Egypt’s Abu Qir explores direct fertilisers exports to Latin America markets
Egypt’s Abu Qir Fertilizer and Chemical Industries said on Wednesday it plans to increase its exports to Latin…
L’Oreal Egypt targets carbon emission neutrality by 2025
L'Oréal Egypt is planning new investments by next year as part of plans to achieve carbon neutrality at its factory…
India’s ACME to build green hydrogen industrial complex
Indian renewable energy firm ACME Group signed on Thursday a preliminary agreement to build a green hydrogen…
Actis to set up green hydrogen plant in Egypt
British firm Actis, which is the largest private capital investment firm in Africa, signed on Thursday a memorandum…
Mediterranean Energy Partners to build green fuel plant in Egypt
Egypt-centered Mediterranean Energy Partners (MEP) has signed on Thursday a preliminary agreement to set up a green…
UAE’s K&K to build green hydrogen plant in Egypt
UAE firm K&K signed on Thursday a preliminary agreement to set up a green hydrogen production project in Egypt.
UAE’s Alcazar Energy to build green hydrogen industrial facility in Egypt
UAE firm Alcazar Energy has signed on Thursday a preliminary agreement to build an industrial facility for the…
Saudi Arabia’s Alfanar to build $4 billion green hydrogen plant in Egypt
Saudi Arabia’s Alfanar Co. signed on Thursday a preliminary agreement to set up a large-scale green hydrogen…
Majid Al Futtaim Retail to invest over EGP 750 million in Egypt by 2025
Majid Al Futtaim Retail is planning to invest more than 750 million Egyptian pounds ($39.1 million) in Egypt by…
Egypt’s unemployment rate remains stable in Q2 at 7.2%
Egypt’s unemployment rate during the second quarter of the year remained unchanged from the previous quarter at 7.2…
Suez Canal sees record monthly revenue in July
Egypt’s Suez Canal recorded its highest monthly revenues to date in July to $704 million, reaping $629 million in…
India’s ReNew Power to build $8 billion green hydrogen, ammonia plant in Egypt
India’s largest renewable energy firm ReNew Power has on Wednesday signed a memorandum of understanding to build a…
Egypt’s Suez Canal Economic Zone eyes three green hydrogen partnerships with India
Egypt’s Suez Canal Economic Zone (SCZone) is looking to sign three partnership deals with India for green hydrogen…
Egypt’s Suez Canal revenues surge 20.7% in FY2021/2022 – official
Egypt’s revenues from the Suez Canal reported a 20.7 percent year-on-year growth in revenues for the financial year…
Egypt’s Ain Sokhna aims to be global green hydrogen production hub: official
Egypt is looking to establish the first global hub for green hydrogen in canal city of Ain Sokhna, said head of the…
AstraZeneca to boost Egypt investment 50% in three years
British drugmaker AstraZeneca plans to increase its investment in Egypt by 50 percent in the next three years, its…
Egypt’s Suez Canal revenues grow 18.5% from January to March 27
Egypt’s revenues from the Suez Canal reported an annual growth of 18.5 percent to $1.613 billion from January until…
Egypt’s Suez Canal revenues climb 15.1% y-o-y in February: official
Egypt’s revenues from the Suez Canal, excluding the navigation services, surged 15.1 percent year-on-year to $545.5…
Egypt’s unemployment rate dips to 7.4% in Q4-2021
Egypt’s unemployment rate dipped to 7.4 percent in the fourth quarter of 2021 from 7.5 percent in the third…
Egypt’s food exports grow 19% y-o-y in 2021 – official
Egypt’s food exports increased by 19 percent to $4.1 billion in 2021 from $3.45 billion in 2020, the country’s food…
Egypt’s Suez Canal revenues grow 9.9% y-o-y in January: official
Egypt’s revenues from the Suez Canal, excluding the navigation services, grew 9.9 percent year-on-year to $544.7…
Egypt reports record $6 billion Suez Canal revenues as of first half of Dec
Egypt’s revenues from the Suez Canal recorded $6 billion from January until the first half of December, the highest…
Suez Canal revenues highest ever for month of November
Egypt’s revenues from the Suez Canal recorded $571.3 million in November, the highest monthly level ever, said the…
Egypt’s trade with Nile basin countries climbs 26% y-o-y in 9 months
Trade exchange between Egypt and Nile Basin countries reported on Sunday a 26.4 percent year-on-year growth to…
Egypt’s iron and steel exports jump 197% in 8 months
Egypt’s iron and steel exports in the first eight months of 2021 have jumped 197 percent to $1.097 billion, from…
Egypt’s commodity exchange to start trading in cotton next year – minister
Egypt’s commodity exchange (EGYCOMEX) will start operations with trading in cotton starting next year, Public…
Alameda to invest around $318 mln in Egypt in five years
Alameda Healthcare Group is looking to invest 5 billion Egyptian pounds ($318.1 million) in Egypt in the next five…
Egypt’s Pyramid Poultry expects Cairo listing next year
Egypt’s Pyramid Poultry Company expects listing some of its shares on the country’s stock exchange (EGX) within…
Egypt’s annual urban consumer inflation surges to 6.1% in July – CAPMAS
Egypt’s annual urban consumer inflation accelerated to 6.1 percent in July, compared to 5.3 percent in June,…
Egypt’s Suez Canal revenues surge 20.6% y-o-y in July – official
Egypt’s revenues from the Suez Canal surged 20.6 percent year-on-year to $530.7 million in July, the head of the…