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Industry & Trade
Egypt signs MoU for 273,000-square-metre logistics centre at Dekheila Port
The Alexandria Port Authority signed a memorandum of understanding (MoU) with Hassan Allam Utilities and Al Tarek…
Eni targets 2028 gas production from Cyprus’ Cronos field using Egyptian infrastructure
Italy’s Eni aims to begin gas production from Cyprus’ Cronos field in 2028 by leveraging Egypt’s existing energy…
Suez Canal Authority, Hapag-Lloyd discuss cooperation
Egypt’s Suez Canal Authority (SCA) Chairman Osama Rabie met on Tuesday with Juan Pablo Richards, Regional Head for…
Egypt adds 591 wells, makes 113 discoveries in two years – minister
Egypt added 591 wells to its production map and made 113 discoveries between July 2024 and June 2026, Petroleum…
Egypt’s PM says Cairo traffic costs up to $10 bln a year
Cairo's traffic congestion costs Egypt an estimated $8 billion to $10 billion annually, Prime Minister Moustafa…
Saipem, Egypt’s Modern Drilling sign MoU to boost oil and gas cooperation
Italy’s Saipem and Egypt’s Modern Drilling Company (MDC) signed a memorandum of understanding on Tuesday to…
Egypt, Chevron initial fiscal regime agreement for Cyprus’s Aphrodite gas field
Egypt and Chevron initialled a fiscal regime agreement on Tuesday to advance the development of Cyprus’s Aphrodite…
Egypt says 15 mln people now live in new cities as expansion continues
About 14 million to 15 million Egyptians live permanently in the country’s new cities, Prime Minister Moustafa…
Suez Canal sees Maersk voyages rise to 276 in first 9 months of 2026
Egypt's Suez Canal recorded 276 voyages by Maersk Group vessels, with a total net tonnage of 23.3 million tons,…
Eni starts up second phase of Egypt’s Meleiha gas project
Italy’s Eni has launched start-up activities for the second phase of the Meleiha gas project in Egypt’s Western…
EGX closes mostly green on 19 October
Egypt’s stock market (EGX) closed mostly green on Monday.
Egypt’s Suez Canal Economic Zone ranks seventh globally in free zone awards
Egypt's Suez Canal Economic Zone (SCZONE) ranked seventh worldwide in fDi Intelligence's 2026 Global Free Zones of…
Egypt’s Petroleum Min warns against fake job advertisements
Egypt’s Ministry of Petroleum and Mineral Resources has warned citizens against fake job advertisements circulating…
Egypt to begin 18,000-sq-km offshore seismic survey within two weeks
Egypt will begin the first phase of an advanced offshore seismic survey covering around 18,000 square kilometres in…
Egypt discusses $1.5b phosphate fertiliser complex in Ain Sokhna
Egypt’s Minister of Petroleum and Mineral Resources, Karim Badawi, and Fertiglobe CEO Ahmed El-Hoshy discussed on…
Egypt, Thailand sign 3 agreements to boost trade, investment ties
Egypt and Thailand signed three cooperation agreements on Thursday to strengthen bilateral ties and expand trade,…
Nigeria’s Dangote says Egypt to be part of planned $50 bln investment
Dangote Group President Aliko Dangote said on Thursday he was sure Egypt would be part of the Nigerian…
Egypt wins EU approval for farmed fish, crustacean exports
Egypt has secured European Union approval to export farmed fish and crustaceans to the bloc's 27 member states,…
Egypt signs protocol to boost investment in oil, gas, mining
Egypt has signed a cooperation protocol between the Ministries of Petroleum and Mineral Resources and Investment…
Egypt, Djibouti sign framework agreement to boost trade, investment
Egypt and Djibouti signed a framework agreement protocol to strengthen trade and investment ties and expand market…
Egypt inaugurates EGP 700m Amreya dry port
Egypt inaugurated on Wednesday the Amreya Dry Port in Alexandria Governorate, with investments of 700 million…
IMF raises Egypt’s growth forecast to 4.7% in FY2026/27
The International Monetary Fund (IMF) raised its forecast for Egypt’s real gross domestic product growth to 4.7% in…
Egypt signs MoU for dry bulk terminal at El Max Port
Egypt’s Alexandria Port Authority signed a memorandum of understanding (MoU) with China’s Xiamen C&D Inc. to…
Egypt’s trade deficit widens 54% YoY in July – CAPMAS
Egypt’s trade deficit widened 53.95% year-on-year to $8.04 billion in July 2026, as imports rose by more than 31%…
Egypt, Malaysia upgrade ties to strategic partnership, pledge to boost trade
Egypt and Malaysia have upgraded their bilateral relations to a strategic partnership, pledging to expand trade and…
Suez Canal Authority signs yacht tourism cooperation protocol with Monaco club
Egypt's Suez Canal Authority (SCA) signed on Monday a cooperation protocol with the Yacht Club de Monaco to promote…
Hyde Park Developments to acquire 415-feddan plot in 6th of October City – Cabinet
Hyde Park Developments signed an agreement on Monday to acquire a 415-feddan plot of land in 6th of October City’s…
Egypt’s Banque Misr signs EGP 10b real estate financing deal for NUCA
Banque Misr signed a 10 billion Egyptian pound financing contract with Founders, the real estate marketing arm of…
Egypt, Saudi Arabia sign oil, gas cooperation MoU at IEF17
Egypt and Saudi Arabia signed a memorandum of understanding (MoU) to strengthen cooperation in oil, natural gas,…
Egypt’s annual inflation rises to 12.8% in Sept – CAPMAS
Egypt’s annual inflation rate rose to 12.8 per cent in September 2026, up from 12.7 per cent in August, while the…
Egypt Mining Forum 2026 concludes 5th edition
Egypt Mining Forum 2026 concluded its fifth edition in Cairo after bringing together more than 6,000 participants…
Egypt, Cyprus discuss accelerating gas projects, use of Egyptian infrastructure
Egypt and Cyprus discussed accelerating projects to connect Cypriot gas resources to Egypt’s infrastructure,…
Egypt, Chevron sign $88 mln offshore exploration deal
Egypt and Chevron signed an agreement on Monday for oil and natural gas exploration in the Lotus offshore…
Egypt’s non-oil private sector activity weakens in Sept – PMI
Egypt’s non-oil private sector activity dropped at a faster pace in September 2026, with the S&P Global Egypt…
Egypt eyes AI startup growth at Techne Summit
Egypt is positioning its startup ecosystem to capture opportunities created by artificial intelligence (AI), with a…
Egypt pays over EGP 18bn to sugarcane farmers
Egypt has paid over 18 billion Egyptian pounds to sugarcane farmers so far, Supply Minister Sherif Farouk told…
URGENT: Egypt denies fuel price hike rumours, says current rates unchanged
Egypt denied reports of an imminent fuel price increase, saying the committee overseeing its automatic fuel-pricing…
Egypt’s manufacturing, extractive output falls 9.6% in July – CAPMAS
Egypt’s manufacturing and extractive industries production index fell 9.6 per cent in July to 123.73 points,…
Egypt-Africa trade rises 11.8% to $6.1 billion in 7 months – CAPMAS
Egypt’s trade with African Union member states rose 11.8 per cent year-on-year to $6.1 billion in the first seven…
Egypt exports 156,000 tons of food to 150 countries in a week – NFSA
Egypt exported around 156,000 tons of food products in 3,810 consignments to 150 countries during the week from 26…