News
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PM witnesses signing of MoU for Egypt’s first wind turbine plant, 2,000-MW wind farm
The MoU was signed between China’s SANY Renewable Energy, a leading global manufacturer of wind turbines, and both the EETC and NREA.
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Improving Egypt’s global mining ranking is a strategic priority to attract investment, Badawi says
The success of the industry, Badawi added, relies on an integrated system that includes mineral wealth, energy, modern infrastructure and legislation.
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Egyptian banks expand savings products as inflation reshapes investment choices
The certificate is available starting from EGP 1,000 and multiples thereof across all bank branches and mobile applications.
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Egypt signs €300m health financing agreements with France, EU
The new package reflects a shared commitment to sustainable development priorities in health, education, vocational training and green energy.
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Elsewedy Electric launches three strategic industrial projects with investments of $200 million
To support local manufacturing and boost exports, and reinforce Egypt’s Position as a Regional Hub for Manufacturing and Exports.
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TMG, SOKNA partner to modernise cemetery services in Egypt
The first phase of the partnership will see SOKNA assume responsibility for the sales and management of BOSTAN Cemeteries.
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IFC plans to lend $174mln for phosphate fertiliser plant in Egypt: Report
The financial package includes an IFC A loan of up to $100 million and a B loan of up to $74 million.
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SODIC and Nobu Launch New Cairo Location and Expand North Coast Project
The brand built its global reputation on Chef Nobu’s signature culinary style, which blends traditional Japanese techniques with Peruvian ingredients.
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France's AFD signs €300 mln financing deal with Egypt for agriculture, training projects
The funding has supported projects in transport, healthcare, job creation, and renewable energy, including the expansion of Cairo's metro network.
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Egypt strikes gas investment deals with European firms
The first deal concerns the expansion of Harbour Energy’s activities in the onshore Nile Delta region of Dessouk.
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Egypt’s Health Ministry reveals historic decline in birth rate
The number of areas classified as “red zones,” most in need of development interventions, decreased to only 20 by the end of 2025.
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Reuters catches on to Egypt’s booming Russian oil intermediary play
Nearly 140k tons of Russian fuel oil and vacuum gasoil headed for Port Said for ship-to-ship transfers in May, Reuters says.
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Egypt passes VAT reform package to support industry, healthcare and investment
They aim to strengthen the country's appeal as a regional logistics and investment hub, while broadening the tax base to support fiscal sustainability
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Cairo Metro Line 3: a flagship project of cooperation between Egypt and France
More than 41 km. 34 stations. More than 500,000 passengers every day. These figures capture the scale of Cairo Metro Line 3.
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Cement maker Titan seals long-term solar PPA in Egypt
The long-term power purchase agreement (PPA) will enable SolarizEgypt to develop and construct the photovoltaic (PV) farm and supply Beni Suef Cement.
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Egypt expedites sale of confiscated cars at public auctions
Ending the car accumulation will allow for the return of the land to the Ministries of Local Development and Housing for reuse.
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Dana Gas discovers 10 Bcf natural gas in Egypt, expands $100 mln Nile Delta investment
UAE-based Dana Gas has reported a significant drilling success in Egypt after discovering an estimated 10 billion cubic feet (Bcf) of natural gas.
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Egypt nearly triples its mandarin exports to the EU
Between September 2025 and May 2026, Egyptian mandarin exports to the EU totaled 71,457 tons, nearly tripling from last season.
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Fawry’s TPA license places it between patients, providers, and payers
Treemed TPA gives Fawry control of the administrative layer while keeping pricing risk with ins. companies.
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Egypt beating the odds, on course to 20 mn tourists this year
A structural flight to safety and the opening of the GEM are keeping the sector on track to comfortably eclipse last year’s record.