Egypt approves EGP1.061bln profit distribution from five holding companies
Egypt approved additional profit distributions worth 1.061 billion Egyptian pounds across five state-owned holding…
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Egypt’s roads holding company revenue rises 21.3% in FY 2024/25
Egypt’s Holding Company for Roads and its subsidiaries posted revenue of about 11.5 billion Egyptian pounds in the…
Sidara says Egypt remains key market at London BEBA event
Egypt remains a key market in Sidara’s global strategy, Dar–Sidara executive Hazem Gohar said on Wednesday,…
Egypt’s non-oil private sector contracts in May – PMI
ypt’s non-oil private sector remained in contraction in May, with the S&P Global Egypt PMI rising to 47.1 from…
Egypt’s ENPPI wins first Oman contract in $355 mln energy project
Egypt’s state-owned engineering company ENPPI has won a $355 million contract for an oil and gas project in Oman,…
Egypt’s unemployment falls to 6.0% in Q1 2026 – CAPMAS
Egypt’s unemployment rate fell to 6.0 per cent in the first quarter of 2026 from 6.2 per cent in the previous…
Egypt’s non-oil private sector contracts in Feb – PMI
Egypt's non-oil private sector contracted in February 2026 as business activity and demand eased for the first time…
Egypt’s unemployment falls to 6.2% in Q4 2025 – CAPMAS
Egypt's unemployment rate fell to 6.2 per cent in the fourth quarter of 2025, down 0.2 per cent from the previous…
Egypt’s non-oil private sector expands for second month – PMI
Egypt posted a 50.2 reading in December 2025 on the headline seasonally adjusted S&P Global Egypt Purchasing…
Afreximbank establishes African Trade Centre in Egypt’s New Capital
African Export-Import Bank (Afreximbank) is establishing the African Trade Centre (AATC) in Egypt’s New…
Egypt non-oil sector expands at 5-year high
Egypt’s non-oil private sector recorded its strongest expansion in five years in November 2025, driven by rising…
Egypt’s Nasr Contracting wins $40m infrastructure project in Iraq – ministry
Egypt’s Nasr General Contracting (Hassan Allam), a subsidiary of the state-owned Holding Company for Construction…
UREGENT: Egypt’s unemployment hits 6.4% in Q3 – CAPMAS
Egypt’s unemployment rate rose to 6.4 per cent in the third quarter of 2025, 0.3 percentage points higher from the…
Egypt extends deadline for building violation reconciliation by 6 months
Egypt’s Cabinet approved on Wednesday a six-month extension for submitting reconciliation requests for certain…
Egypt expands overseas jobs for skilled workers
Egypt’s Ministry of Labour is expanding overseas opportunities for skilled workers, with Minister Mohamed Gobran…
China’s non-manufacturing sector slows in July ’25
China’s non-manufacturing business activity index stood at 50.1 per cent in July, down 0.4 percentage points from…
Egypt’s Housing Min. reviews Port Said residential projects
Egypt’s Minister of Housing Sherif El-Sherbiny held a meeting to follow up on the status of residential projects in…
S. Korea’s industrial production declines in May ’25
South Korea’s industrial production declined by 1.1 per cent in May 2025 from the previous month, driven by…
Arab Contractors, China’s CSCEC sign deal for joint projects in Egypt, Africa
Egypt’s Arab Contractors (AC) and China State Construction Engineering Corporation (CSCEC) signed a cooperation…
EU economic sentiment weakens in April ’25
Economic sentiment across the European Union fell sharply in April, with consumers and retailers driving the…
Egypt, IFC discuss greater private sector role, investment reforms at IMF-WB Meetings
Egypt is stepping up efforts to attract private capital and expand development finance as it navigates an ambitious…
Germany’s industrial output recovers in Jan. ’25
Germany’s industrial production rose 2.0 per cent in January 2025 from the previous month but declined 1.6 per cent…
Egypt, Zambia discuss strengthening trade, investment ties
Egypt’s Minister of Investment and Foreign Trade, Engineer Hassan El-Khatib, met on Monday, with Zambian Minister…
Egypt’s El-Khatib discusses investment, trade with Bahrain
Egypt’s Minister of Investment and Foreign Trade, Hassan El-Khatib attended the Egyptian-Bahraini Joint…
Germany’s office market struggles as economic woes persist
Germany’s office market remains under pressure, with any recovery in the coming months vulnerable to further…
Philippine GDP grows 5.2% in Q4 of ’24
The Philippine gross domestic product (GDP) grew 5.2 in the fourth quarter of 2024, resulting in a full-year growth…
Egypt, Singapore discuss military production collaboration
Egypt’s Minister of Military Production, Mohamed Salah El Din Moustafa met on Tuesday with Singaporean Ambassador…
Kenya’s economy grows by 4.0% in Q3 ’24
Kenya’s economy recorded a 4.0 per cent growth in the third quarter of 2024, down from 6.0 per cent in the same…
Spain GDP grows in Q3 2024
Spain's gross domestic product (GDP) rose by 0.8 per cent in the third quarter of 2024, matching the growth rate…
ADNOC L&S adds 20 offshore assets in ’24 expansion
ADNOC Logistics & Services Plc (ADNOC L&S) reported a significant expansion of its Integrated Logistics…
Kenya’s private sector records modest growth in Nov. ’24
Kenya’s private sector showed moderate growth in November, with the Purchasing Managers’ Index (PMI) rising to 50.9…
World Bank forecasts 1.2% growth for Tunisia in ’24
Tunisia’s economy is set to grow by 1.2 per cent in 2024, according to the World Bank’s latest report, as the…
Germany’s industrial output rises 2.9% in August ’24
Germany's industrial production rose by 2.9 per cent in August 2024 compared to the previous month, according to…
UK economy growth in Q2 ’24 revised down
The UK's gross domestic product (GDP) grew by 0.5 per cent in the second quarter of 2024 (April to June), a slight…
Builders of Egypt ’24: Public firms ready for EGX listing – minister
Minister of Public Business Sector, Mohammed Sheemy said on Sunday the government is open to partnering with the…
Builders of Egypt 2024 to unleash export potentials for Egyptian key industries on Sept 22
The ninth edition of the Builders of Egypt Forum, held under the patronage of Prime Minister Moustafa Madbouly,…
Ukraine’s economy grows 3.9% year-to-date
Ukraine's GDP grew by 3.9 per cent year-on-year in the first eight months of 2024, with 3.5 per cent growth…
Engie eyes more African renewable energy deals
Engie SA, the French utility, anticipates more deals in Africa’s renewable energy sector following its $1 billion…
Turkey’s GDP grows in Q2 ’24
Turkey's Gross Domestic Product (GDP) increased by 2.5 per cent in the second quarter of 2024, compared to the same…
Belgium’s producer prices rise in July ’24
Belgium’s producer price index for industry excluding construction rose by 0.3 per cent in July 2024 from the…