Egypt’s PM inaugurates 9 SCZONE projects
Egypt's Prime Minister Moustafa Madbouly began a tour of the integrated Sokhna Industrial Zone on Sunday to…
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Economic Development
Egypt appoints Mostafa Ismail as MSMEDA chief
Egypt's Prime Minister Moustafa Madbouly on Sunday oversaw the leadership handover at the Micro, Small, and Medium…
Egypt’s National Investment Bank retains ISO 9001:2015 certification
Egypt's National Investment Bank (NIB) has successfully passed the periodic external audit for the ISO 9001:2015…
Egypt signs deal to settle EGP 48.5 bln financing for 11 universities
Egypt signed an agreement on Sunday to settle 48.5 billion Egyptian pounds in financing for the construction of 11…
Egypt’s Housing Minister outlines new cities, PPP expansion as top investment…
Egypt is positioning public-private partnerships, large housing programmes, and some flagship cities as the most…
Egypt, ITFC sign $1.5 billion annual work programme for 2026
Egypt and the International Islamic Trade Finance Corporation (ITFC) signed a $1.5 billion annual work programme…
Egypt approves first private investment zone with customs services for The Spine Project
Egypt’s General Authority for Investment and Free Zones (GAFI) approved on Sunday the country’s first special…
Egypt ministers coordinate to stabilise markets, support economic development
Egypt’s ministers of supply, agriculture, and investment held a tripartite meeting on Wednesday to enhance…
Egypt taps Islam Azzam to lead Financial Regulatory Authority
Egypt’s President Abdel Fattah El-Sisi has appointed Islam Azzam as acting chairman of the Financial Regulatory…
Egypt’s central bank hosts sustainable finance conference with IFC
Egypt’s Central Bank of Egypt (CBE), in partnership with the International Finance Corporation (IFC), hosted a…
Egypt’s MSMEDA, Suez Canal Bank ink EGP500m deal for industrial, export projects
Egypt’s Micro, Small and Medium Enterprise Development Agency (MSMEDA) signed a 500 million Egyptian pound…
Egypt’s parliament approves 4 development grants from international partners
Egypt’s House of Representatives has approved four international grant agreements across multiple sectors,…
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…
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…
Egypt explores new gold investment with AngloGold Ashanti
Egypt’s Minister of Petroleum and Mineral Resources Karim Badawy met with Hoda Mansour, Managing Director and Vice…
Egypt’s PM reviews Sukari Mine developments with AngloGold Ashanti
Egypt's Prime Minister Moustafa Madbouly met on Sunday with officials from AngloGold Ashanti, operator of the…
Egypt’s Petroleum Min. witnesses Soda Ash project kick-off
Egypt's Minister of Petroleum Karim Badawi, witnessed the kick-off of the soda ash and its derivatives (sodium…
URGENT: Egypt’s GDP growth hits 5.3% in Q1
Egypt’s GDP grew 5.3 per cent in the first quarter of the 2025/2026 fiscal year, up from 3.5 per cent in the same…
Egypt signs €53.8m green industry financing deal with AFD, EIB
Egypt signed a €53.8 million concessional financing and grant agreement on Sunday with the French Development…
Egypt’s Sisi reviews energy, mining strategy with Cabinet officials
President Abdel Fattah El-Sisi met on Saturday with Prime Minister Moustafa Madbouly and Petroleum Minister Karim…
Egypt’s National Investment Bank earns ISO certificate
Egypt’s National Investment Bank (NIB) has obtained the ISO 9001:2015 certification for the quality of financial…
Egypt’s Mashroak finances 228k SME projects worth EGP36b since 2015
Egypt’s Mashroak Programme has financed about 228,000 small and medium-sized projects (SMEs) since its launch in…
Egypt, Switzerland launch CHF60m cooperation programme for 2025–2028
Egypt and Switzerland on Sunday launched a new four-year cooperation programme worth 60 million Swiss francs ($74.5…
Egypt, Lebanon sign 15 deals covering trade, transport, social development
Egypt and Lebanon signed 15 memoranda of understanding and cooperation protocols on Sunday across a broad range of…
Egypt signs $135m financing deal for Damietta bioethanol project
Egypt has signed a long-term financing agreement worth $135 million to develop a bioethanol production project in…
Egypt’s GAFI, Nebraska explore US investment in health, agriculture and tourism
Egypt’s General Authority for Investment and Free Zones (GAFI) hosted on Thursday an official delegation from the…
Egypt to hold industrial reverse expo on 9-11 November
Egypt’s ministry of industry said on Tuesday it will organise an industrial reverse trade show as part of the…
Egypt, EU sign €75m deal to boost local socio-economic reforms, services
Egypt and the European Union signed a €75 million financing agreement to support local-level socio-economic…
Egypt steps up investment drive, economic reforms to bolster competitiveness: minister
Egypt is intensifying efforts to attract investment and support entrepreneurship while expanding international…
Egypt to launch new export system to streamline trade, boost competitiveness
Egypt is developing a new export system modelled on logistics service centres used for imports, as part of efforts…
Egypt’s Sisi ratifies agreements to establish Arab Common Electricity Market
Egypt’s President Abdel Fattah El-Sisi has ratified two key agreements to establish an Arab Common Electricity…
Egypt signs partnership to boost phosphate manufacturing
Ferchem Egypt, a subsidiary of Polyserve Group, has signed a framework partnership agreement with the state-owned…