News
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Egypt’s foreign trade hits $140.6bn in 2024
Egypt’s total exports reached $45.3bn in 2024, marking a 6.5% increase compared to the $42.6bn recorded in 2023.
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Egyptian remittances surge 50% in 1st half of 2025
Remittances from Egyptians working abroad surged by nearly 50 percent in the first seven months of 2025, compared to the same period in 2024.
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Egypt sets sights on global top 50 in trade and investment
Egypt is committed to improving its business environment, with priorities including streamlined procedures and reduced bureaucratic hurdles.
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Egypt’s exports jump 6.5% to $45.3 billion in 2024: CAPMAS
Egypt's total exports rose to $45.3 billion in 2024, up from $42.6 billion the previous year, a 6.5 percent increase.
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Egypt to build first stationary gasification unit, operational by 2027
The project is being implemented within the disused Idku plant, in Beheira governorate, northwest of Cairo.
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Natural gas price hike triggers new rules for Egypt fertilizers sector
Fertilizer manufacturers in Egypt are now required to sign a binding protocol setting supply quotas for agriculture, local auctions, and exports.
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Russia leases Egyptian land for 49 years to create industrial zone
Priority in the zone will be given to enterprises whose products are most in demand in regional markets.
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Green hydrogen market
GIZ is supporting Egypt in developing its hydrogen sector. Germany and Egypt have a long history of cooperation in the sustainable energy sector.
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Egypt launches first integrated silk production centre in New Valley
Egypt has launched a major initiative to localise natural silk production with the signing of a cooperation protocol.
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Hotel Indigo New Cairo
IHG Hotels & Resorts to Grow Luxury & Lifestyle Portfolio in Egypt with Hotel Indigo New Cairo.
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Egypt targets export growth with investment and trade reforms
Egypt aims to double its export-to-GDP ratio, currently below 10 percent, as part of a broader plan to boost foreign trade and attract investment.
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Egypt, Singapore deepen cooperation with 7 agreements in key sectors
The agreements aimed to open new avenues for cooperation amid the mounting challenges facing the global economy.
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Pyramids, Egypt’s latest airline
The Companies Committee at the Egyptian Civil Aviation Authority approved, in its latest meeting, the establishment of ‘Pyramids’ airlines .
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Egypt maintains global top 4 position in frozen vegetable exports
Russia emerged as the top destination for Egyptian frozen vegetables, importing US$11.6 million worth of produce (16 per cent of total exports).
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Egypt disburses 1st tranche of exporters’ arrears under new cabinet-approved mechanism
The current fiscal year has earmarked EGP 45 billion for the new export support and drawback programme, double the previous allocations.
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Boosting Egypt’s Textile Hub: Shuanfeng’s Suez Canal Factory
The Chinese company “Shuanfeng” has established a ready-made garment factory in the Suez Canal Economic Zone, specifically in the Qantara West.
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Egypt's Qantara West Zone to generate $4bn export revenue
Industrial projects at the Qantara West Zone are expected to generate between $3 billion and $4 billion in annual export revenues once they operate.
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Egypt, Nigeria Sign Agreement to Expand Petroleum Ties
The agreement was made during the visit of a NNPC delegation to Egypt, where it met with Salah Abdel Kerim, EGPC Chairman.
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Egypt establishes Gargoub special economic zone on northwestern coast
President Abdel Fattah El-Sisi has ratified Presidential Decree No. 497 of 2025, officially creating the Gargoub Special Economic Zone.
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CAF Secures Eur 450m Deal to Modernise Cairo Metro
This project is a part of Egypt’s broader effort to improve its public transport system and enhance the metro’s efficiency, comfort, and longevity.