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 ...

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

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 ...

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 ...

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 ...

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 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 ...

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 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 ...

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 ...