Ahmed Fahmy, Presidential Spokesperson, stated that the Supreme Investment Council approved 22 decisions today. He ...

Egypt’s exports to AU member states reached $7.7 billion in 2024, marking a 4.7% increase from $7.4 billion in 2023, according to a statement released by the Central Agency for Public Mobilization and ...

The operation resulted in a daily production rate of approximately 4,100 barrels of oil equivalent, reinforcing the company’s plans to boost output and further develop its concession areas.

The agreement establishes a framework for fast-tracking exploration activities in new mining zones while upholding high environmental standards to ensure sustainable operations and mitigate any ...

UfM’s Andrea Tinagli on unlocking concessional finance, Egypt’s expanding pipeline, and why the country is pivotal in the Mediterranean’s sustainable transition.

Private equity (PE) activity across the MENA region continued its downward trend in the first half of 2025, with investors shifting toward fewer, larger-scale deals. The number of PE transactions ...

Prime Minister, Mostafa Madbouly, announced that Egypt plans to begin the delivery and operation of the first reactor at the El-Dabaa Nuclear Power Plant in the second half of 2028, with the remaining ...

The International Monetary Fund (IMF) projected that the Suez Canal’s revenues will increase by 88.9%, rising from an expected $6.3 billion in FY2025/2026 to $11.9 billion by FY2029/2030, according to ...

Hong Kong-based multinational Crystal Martin Group plans to establish a major textile and ready-made garments manufacturing facility in Egypt under the free zone system, spanning 1.5 million square ...

The Chinese Embassy in Cairo announced that Chinese green energy company LONGi has recently signed a strategic Memorandum of Understanding (MoU) with Egypt’s United Energy Group to collaborate on ...

The UK Foreign, Commonwealth & Development Office (FCDO) has given preliminary approval to provide a $200 million loan guarantee to the World Bank on behalf of Egypt, as part of broader efforts to ...

The Egyptian-Canadian Business Council aims to increase Canadian investments in Egypt by 30% this year, surpassing $2.6 billion compared to the current $2 billion. Ahmed Khattab, a member of the ...