The company is establishing a recycling plant in Egypt’s 10th of Ramadan City on an 80,000 square meter plot. The company’s investments in Egypt have reached EGP 1.5 billion, with 90% of the plant’s ...

With a goal to maintain Egyptian ready-to-wear clothing’s exports and reputation in global markets, the Readymade Garments Export Council of Egypt (RMGEC) has been working to increase exports during ...

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

A recent report by Jefferies Investment Bank, a leading firm in shipping statistics, reported that based on Automatic Identification System (AIS) tracking, approximately 200 commercial shipping ...

In an official statement released today, the Bank revealed that remittances in January alone soared by 83.2%, reaching around $2.9 billion, up from $1.6 billion in January of the previous year. This ...

The Egyptian cabinet has greenlit the establishment of YADA Egypt, a new free zone dedicated to the furniture industry in New Alamein City, with investments totaling €70 million. This project aims to ...

Egypt’s Minister of Planning, Economic Development, and International Cooperation, Rania A. Al-Mashat, met with Minister of Education and Technical Education, Mohamed Abdel-Latif, to discuss critical ...

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 ...

Egypt’s pharmaceutical sector recorded a 42% year-on-year growth in 2024, with total local sales reaching EGP 292 billion, according to Ibnsina Pharma, citing IQVIA reports. This surge was primarily ...

The Central Bank of Egypt (CBE) reported that the banking sector’s net foreign assets (NFA) fell to a surplus of $5.95 billion (EGP 295.6 billion) in November 2024, down from $9.2 billion (EGP 450.861 ...

Khaled Abdel Ghaffar, Minister of Health and Population, announced that the ministry is implementing 20 projects across 11 governorates, with an estimated total value of EGP 11.7 billion, as part of ...

The Cabinet has approved a proposal submitted to the Ministry of Investment and Foreign Trade to establish a new private free zone project at the Sidi Kerir Petrochemicals Complex in Alexandria. The ...