News
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Food and other light industries can move inside city limits
Plus: Enppi and SES partner to expand into CSP and PV solar technology.
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SCZone inks $20 mln deal with Sakr for technology manufacturing in Ain Sokhna
An industrial research lab will also be established within the complex to transfer and localize technology for targeted export sectors in Egypt.
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Canada’s TAG Oil Reveals 2026 Drilling Plans in Egypt’s Western Desert
During Q1 of 2026, the company maintained production from the BED-1 concession to an average of about 65 barrels of oil per day (bbl/d).
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Cairo to host IATA Ground Handling Conference in 2026 focused on AI-driven aviation operations
The International Air Transport Association (IATA) will hold the 38th edition of its Ground Handling Conference (IGHC) in Cairo, Egypt, from May 19–21
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Pan-African tech group Cassava plans to enter Egypt’s data center market this year
The company is preparing to launch its first AI Factory in South Africa, while laying the groundwork for entry into Egypt’s data center space.
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Egypt’s EPROM reports record EGP 1.586bn profit in 2025 amid international expansion
EPROM Chairperson Hossam Asaad Hassanein, presenting the 2025 results, stated the company logged more than 70.1 m safe working hours without injuries.
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EBRD extends $65 mln loan to develop Egypt’s Benban Solar Park
The European Bank for Reconstruction and Development (EBRD) is providing a loan of up to $65 million to Hassan Allam Utilities (HAU) Energy.
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Grand Egyptian Museum ranked 3rd most visited museum in the world
It is also the first Egyptian museum to secure a place on this prestigious international list.
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Egypt, Russia Hope to Speed up Construction of El Dabaa Nuclear Plant
The plant is being built in the northern Dabaa area under a 2015 agreement between Cairo and Moscow, with a cost of $25 billion.
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Archaeologists Found 43,000 Ancient Egyptian ‘Sticky Notes’
Archaeologists have unearthed a massive trove of ancient Egyptian notes scribbled on broken pots.
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Indorama invests US$525 million in Egyptian fertilizer project
Indorama Corp. has announced the signing of a contract to establish a major phosphate fertilizers and chemicals complex in Egypt.
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Egypt’s Biotech Startup Reme-D Secures USD 500K.
Reme-D is turning a Covid-era constraint into a scalable healthcare infrastructure play.
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Edafa Venture acquires Egypt's Cyclex in six-figure deal
Cyclex operates in non-hazardous waste recycling, converting waste into economic value through sustainable solutions.
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Egypt aims to produce 140 million vaccine doses annually by 2030
The initiative is set to strengthen health security, boost biotechnology capacity and position Egypt as a regional export hub.
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Egypt’s 2026-27 budget prioritizes private sector and 5.4% growth
The Egyptian government has unveiled its budget framework for the 2026-2027 fiscal year, projecting revenues of 4 trillion Egyptian pounds.
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Why financing costs still weigh on Egypt’s private sector
The ongoing war involving Iran is pushing inflation back to the forefron, threatening to slow the pace of interest rate cuts in 2026.
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Higher oil prices, regional uncertainty weigh on Egypt’s 2026 investment outlook
The International Monetary Fund (IMF) has revised down its growth forecast for Egypt in 2026 to 4.2 percent, a cut of 0.5 percentage points.
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Egypt to apply new measures for industrial activity growth
The Ministry of Industry has drafted a new resolution to restructure the licensing process for industrial activities outside of industrial zones.
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"Garlic imported from Egypt and China should be regulated"
A halt to the indiscriminate elimination of active defence ingredients, and protection against rising costs such as energy and labour.
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El Dabaa Nuclear Power Plant Fast-Tracked as Egypt and Russia Reinforce $25 Billion Partnership
Egypt and Russia have reaffirmed their commitment to keeping one of the world’s most consequential nuclear construction projects.