Latest news
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Egypt expands cold chain with $29m project
As populations grow and more cold storage becomes available, competition is intensifying to establish a leading role in the regional market.
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Egypt opens Turkish, Chinese textile factories in Suez Canal zone worth $110M
The ceremony was attended by Egyptian Prime Minister Mostafa Madbouly, Eroglu Chairman Nurettin Eroglu, and Hengsheng Chairperson Chen Songfu.
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Egypt plows nearly us$20 million into automotive localisation for 2024/25
Finance Minister announced the strategy, which underscores Egypt's wider drive for industrial self-reliance and economic fortitude in 2025.
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Everything you need to know about the prices of iPhone 17 series in Egypt
iPhone 17 series launches in Egypt with pre-orders starting Sept 19, with prices ranging from LE 62,500 to LE 156,500 through Trade Line.
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Industrial growth in Suez Canal Zone proves value of infrastructure investment
PM highlights $1B foreign investment in Qantara West Zone, creating 50K jobs, targeting $25B annual exports and 500K jobs at full capacity.
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Egypt’s Qantara West Zone to generate up to $4 bln in exports
PM Madbouly says Qantara West Zone industrial projects could generate $3-4B annually in export revenue once fully operational.
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Singapore, Egypt agree ‘timely’ to explore feasibility of a free trade agreement
Singapore and Egypt explore the feasibility of a free trade agreement, leveraging complementary strengths and strategic geographic locations.
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Egypt FM announces new major Saudi investment to develop Red Sea region
Foreign Minister announces a major Saudi investment project planned for Egypt's Red Sea region, expected to significantly boost bilateral relations.
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601 exporters receive EGP 368 M under Egypt's exports program
Finance Minister announces completion of first 50% cash disbursement to settle overdue receivables for exporters under new mechanism.
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Egypt maintains global top 4 position in frozen vegetable exports
Egypt maintains global 4th position in frozen vegetable exports with $74M value and 15% growth in 2024, led by the Russian, Saudi, UAE markets.
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Egypt to establish first integrated natural silk production centre in New Valley
Egypt establishes first integrated natural silk production centre in New Valley's El Kharga, spanning 250 feddans for silk localization.
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Egypt’s Amer Group to invest over $104mln in new Porto Sokhna Phase
EGX-listed Amer Group's subsidiary secures tourism license for Polotano, the latest phase of the flagship Porto Sokhna development project.
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Egypt Proptech Challenge Launches Global Competition at Cityscape 2025
Egypt PropTech Challenge 2025 launches at Cityscape with 500 Global, featuring startup competition across three rounds for real estate tech.
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Egypt Construction Sector Grew 20% in 2024
Egypt's construction sector grows 20% in 2024 with EGP 56B in new investments, including the $35.7B Ras El Hekma development deal.
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Egypt’s Garment Industry Gains Momentum With Strong Export Growth
Egypt's garment exports surge 26% to $2B in the first 7 months of 2025, targeting $3.5B annually with strong FDI from Turkey, Vietnam, and China.
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Ras Ghareb wind farm set to power Egypt’s net zero goals
EBRD approves $74.1M financing for 200MW onshore wind farm in Egypt's Ras Ghareb region, supporting renewable power expansion.
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Egypt Mobile Manufacturing To Reach 9 Million In 2025
Egypt's mobile phone production is set to reach 9M units in 2025, up from 3.5M last year, with 14 factories and export plans starting.
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Egypt’s gasoline prices to increase by 15-25 percent starting in October
Egypt's gasoline prices are to increase 15-25% in October as part of IMF commitments, moving towards a flexible energy pricing structure.
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Egypt emerging as regional cybersecurity powerhouse
Gigamon CEO calls Egypt an emerging regional cybersecurity hub and explores AI-powered cybersecurity investment opportunities in the local market.
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Egypt, Spain agree on strategic partnership for inclusive growth 2025–2030
Egypt and Spain sign the landmark 2025-2030 Partnership for Development Agreement, marking the first initiative of its kind between the nations.