News
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Egypt targets annual vaccine output of 140 million doses by 2030
This is part of broader efforts to achieve self-sufficiency and expand exports to regional and international markets.
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The war in Iran is accelerating Egypt-Italy trade
The Ro-Ro line between Trieste and Damietta is doubling, and the possible timing for adding a second vessel to the maritime route is being examined.
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Free Brokers platform records EGP 1bn in third-party sales in Q1, targets EGP 4bn for 2026
Since its launch, the platform has surpassed 1,000 sales transactions, reflecting growing adoption among real estate marketers.
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Raedbots launches as Egypt’s first industrial robotics manufacturer
The company is part of the NVIDIA Inception programme, leveraging advanced AI and simulation tools to accelerate product development.
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ABL, PMS sign MOU for rig moving services in Egypt
Under the MOU, ABL’s local operations in Egypt can be called upon on a call-off basis to provide rig moving and operations technical support.
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Egypt seeks to expand building materials investment with Saint-Gobain
Egypt expands investments and operations in building material manufacturing in cooperation with French construction materials group Saint-Gobain.
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Chinese oil & gas producer aims to build 500MW green hydrogen and ammonia project in Egypt
It is the third renewable H₂ project that the Hong Kong-listed company is developing in the MENA region, with Europe the apparent export target.
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Egypt seeks to localise advanced industries
Minister of Investment and Foreign Trade Mohamed Farid underscored that localising advanced industries and facilitating technology transfer.
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Agriculture Ministry: State keen on encouraging farmers to boost wheat production
The decision to increase procurement prices followed a thorough assessment of production costs, aiming to motivate farmers to supply wheat.
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Petromaint Records its Highest Ever Revenues in 2025
Petromaint secured contracts exceeding EGP 2.5 billion both domestically and internationally, further strengthening its market position.
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Egypt targets three new state offerings before june
A move aimed at advancing the state privatization program and stimulating investment activity in the market.
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Egypt eyes $2b Chinese aluminum plant in SCZone
Egypt is set to benefit from a major new industrial investment as plans move forward to establish a large-scale aluminum production facility.
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Egypt’s rationalization efforts saved 18,000 megawatt-hours in the first week
This is in addition to saving nearly 3.5 million cubic meters of fuel.
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Egypt’s healthcare journey towards universal access, global collaboration
The aim is to expand access, improve quality, and create a sustainable framework that serves all citizens.
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Solar plant illuminates Gamasa city at cost of LE 18M
The plant was established in 2016 at a total cost of approximately 18 million Egyptian pounds.
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Luxor restores three ancient tombs to boost tourism
Egypt is pressing ahead with the restoration of three New Kingdom tombs on Luxor’s West Bank as part of a wider push to protect its ancient heritage.
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Egypt Cuts Energy Subsidies to EGP 120 Billion in 2026/2027 Budget
The reduction of roughly 20 percent comes as part of ongoing efforts to rationalise public spending and improve the efficiency of energy use.
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These 14 Egyptian resorts break into global top 100 hotel rankings
This year’s results followed an exhaustive analysis of 6,611 hotels across 25 global destinations.
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Egyptian strawberry industry in need of a supply decrease
The fresh strawberry season in Egypt ended three weeks ago, giving way to frozen strawberries, following a turbulent season marked by oversupply.
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Egypt targets 5.4% GDP growth, lower deficit and debt in FY26/27 budget
Egypt is targeting economic growth of 5.4 percent in the upcoming FY2026/2027 budget, which starts on 1 July.