Egypt ranks 7th in global remittances with $22.7b in 2024 — World Bank
Egypt was the world’s seventh-largest recipient of remittances in 2024, attracting $22.7 billion in inflows, behind…
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Economic Development
Egypt to launch $573m phosphoric acid plant in 2026
Egypt’s Ministry of Petroleum and Mineral Resources is moving ahead with a major industrial project to locally…
Egypt eyes regional insurance hub status in talks with AXA executives
The Minister of Investment and Foreign Trade, Hassan El-Khatib, met with AXA Global officials on Thursday to…
Egypt in talks with Qatar’s Power International on new ventures
Egypt’s Minister of Public Business Sector Mohamed Shimi held a meeting with a delegation from Qatar’s Power…
Egypt’s Al Mashat discusses 2nd phase of MFA package with EU
Egypt and the European Union are moving forward with the second phase of a €4 billion macro-financial assistance…
Chinese firm to build $20m bag factory in Egypt’s SCZone
Egypt's General Authority for the Suez Canal Economic Zone (SCZone) signed an agreement with COMFILY Hong Kong Co.,…
Egypt’s Al Mashat discusses investment climate with Goldman Sachs
Egypt’s Minister of Planning, Economic Development and International Cooperation Rania Al Mashat met with Goldman…
Egypt steps up industrial localisation with new fire safety facility
Egypt’s Minister of Investment and Foreign Trade Hassan El Khatib inaugurated a new fire safety testing centre at…
Egypt’s GAFI secures ISO 21001 certification for training quality
Egypt’s General Authority for Investment and Free Zones (GAFI) has received ISO 21001 certification for the quality…
Egypt Al-Mashat reviews progress on structural reform plan
Egypt’s Minister of Planning and Economic Development Rania Al-Mashat reviewed the implementation progress of the…