Egypt’s MSMEDA, Banque du Caire ink EGP 400m deal for SMEs
Egypt's small and medium enterprise development agency (MSMEDA) signed on Tuesday a new financing agreement worth…
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Economic Development
Egypt pays $5b to foreign petroleum partners, debt to go down to $1.2b in June: PM
Egypt has paid about $5 billion to foreign partners in the petroleum sector, Prime Minister Moustafa Madbouly said…
Egypt signs $140m financing for Phase I of New Alamein silicon complex
Egypt has signed a $140 million long-term financing deal for the first phase of a metallic silicon and derivatives…
Aswan, Upper Egypt Development Authority partner for development projects
Aswan Governorate and the Upper Egypt Development Authority signed on Tuesday agreements to implement key…
Egypt’s SCZONE to host $200m Qatar’s sustainable aviation fuel project
Egypt’s Suez Canal Economic Zone (SCZONE) welcomed on Sunday its first Qatari industrial investment with the…
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…
GAFI, Emirates NBD sign MoU to promote investment in Egypt
Egypt's General Authority for Investment and Free Zones (GAFI) signed a memorandum of understanding (MoU) on Sunday…
Egypt’s MSMEDA to expand SME support under new law
Egypt's Small and Medium Enterprise Development Agency (MSMEDA) plans to expand its client base under upcoming…
Suez Canal revenues forecast to hit $10b by FY2027/2028 – chairman
Egypt’s Suez Canal Authority expects revenues of $8 billion in 2026/27 and $10 billion in 2027/28, Chairman Osama…
Egypt’s GAFI updates financial evaluation framework
Egypt’s General Authority for Investment and Free Zones (GAFI) has completed the work of its technical committee…