Latest news
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The $1.1bn Algeria deal is about more than oil
The newly signed crude oil memorandum with Algeria — alongside a $1.1 billion oil field development contract involving Egyptian companies.
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7 things to know about Egypt’s EGP 3.7 trillion investment plan
The plan reveals a broader economic transition that could reshape investment opportunities across multiple sectors over the next few years.
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Inside Egypt’s plan to become a regional aluminium hub
The nearly $900 million partnership to expand the Nag Hammadi aluminium complex signals something much larger about where Egypt’s economy is heading.
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Why Egyptian brands are shifting from big campaigns to creators
The shift is not simply about influencers becoming more popular. It reflects a much bigger transformation in how consumers discover products.
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Egypt launches first phase of East Nile Monorail on Wednesday
The line will connect El-Moshir Tantawi Station in Nasr City to Justice City Station in the New Administrative Capital.
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Ten Egyptian monuments the world still won't give back
With the Netherlands returning a 3,500-year-old Egyptian sculpture this week, here is a list of ten important Egyptian artefacts that are held.
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Egypt and Lebanon sign deal to revive Arab Gas Pipeline project
Egypt and Lebanon signed an agreement to rehabilitate Lebanon's gas infrastructure and revive a regional pipeline project.
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Egypt’s inflation accelerates by 1.2% in April: CAPMAS
Egypt’s inflation rate accelerated by 1.2 percent month-on-month in April 2026, driven by increases in some food product costs.
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Shippers weigh long-term case for Europe-Egypt-GCC road leg
We’re moving from an era of narrow optimization to an era of strategic redundancy, where resilient efficiency, not minimal cost, defines a network.
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Egypt, Romania explore deeper chemical, fertilizer trade cooperation
The Chemicals and Fertilizers Export Council of Egypt (CEC) holding high-level talks in Bucharest to unlock new opportunities for Egyptian exports
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Hassan Allam wins contract for Mopco’s Damietta complex overhaul
Plus: Algeria’s Condor to invest USD 25 mn in Sixth of October AC plant.
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Trafigura in talks to build aluminum smelter in Egypt
Once built, the new facilities would nearly double the site’s current annual production capacity, Trafigura said.
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Egypt's auto sales rise 3.2% in March
This growth reflects increased consumer demand for cars as they anticipate higher prices in the coming period.
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SCZone attracts $16bn investments over nearly 4 years
The current fiscal year recorded a new rise of $7.1 billion in investments so far, including $1.8 billion secured in the past two months alone.
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Egypt working on boosting salt industry- official
Annual output ranges between 3 million and 3.5 million tons, while domestic consumption does not exceed about 1.8 million tons.
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Egypt Education Platform files to list 199.4 mn shares on the EGX
The private-sector vehicle counts the Sovereign Fund of Egypt and EFG Hermes among its anchor investors.
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Gov’t settles 90% of its arrears to pharma companies
The settlement is already boosting liquidity across the sector, allowing manufacturers to rebuild their strategic stockpiles, Ouf adds.
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Egypt sets 2030 tourism goal: 300,000 hotel rooms through investment reform
The initiative forms part of a broader strategy to restructure tourism investment and unlock the country’s vast potential as a global destination.
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SCZone attracts $7.1 bln in investments in FY 25/26
Egypt’s Suez Canal Economic Zone (SCZone) said it has attracted $7.1 billion in investments so far during the 2025/26 financial year.
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Egypt cuts 46 transport projects, presses ahead with $525M road works
Egypt’s Transport Ministry will advance 21 road and bridge projects in the next fiscal year, with an estimated investment of 28 billion EGP.