News
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EU grants €125 M to support renewable energy in Egypt
The EU has committed a €90 million grant, managed by the European Investment Bank, to enhance investments in Egypt’s electricity network.
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NBK Egypt Funds USD 115mn for Safaga Terminal project
This financing aligns with the Bank’s commitment to supporting national projects that deliver sustainable long-term economic impact.
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Japanese investment delegation visits Egypt to strengthen infrastructure partnerships
More than 30 Japanese companies are participating, marking the largest Japanese investment mission of its kind to an African country.
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Allianz Trade upgrades country risk, citing the end of the liquidity crisis despite ongoing business-as-usual risks
A more favorable D3 rating should persuade some global trade credit insurers to loosen limits on shipments to Egypt.
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Egypt, Malaysia seek stronger trade, investment links at Cairo forum
The Malaysian embassy in Cairo hosted Egypt’s first Business Outreach Programme, titled Discover Malaysia 2026, aimed at reviving trade and investment
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Egypt aims to boost German investment, double company presence by 2030
Egypt and Germany aim to raise trade to more than six billion euros by the end of this year, with a longer-term target of nine billion euros by 2030.
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Egypt Wins the WHO Nelson Mandela Award for Health Promotion
Dr. Amr Kandil is the first Egyptian to receive this prestigious award, which he is scheduled to accept in May 2026 during the plenary session.
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Egypt plans $1 billion Red Sea marina, hotel development
Construction on the "Monte Galala Towers and Marina" project would start in the second half of the year and run for seven years.
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Egypt accounts for 19% of global date output
Egypt has emerged as the world’s largest producer of dates, generating around 2 million tonnes annually from more than 24 million date palms.
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Egypt targets two-way tourism growth with Türkiye with joint promotions
Authorities are working to increase travel in both directions between Egypt and Türkiye, adding that current visitor volumes remain below potential.
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Egyptian boards debate AI strategy while their employees are already retraining in the shadows
With over 3.7 mn learners in Egypt — accounting for nearly 30% of the entire MENA market — the country has become a massive “skills kitchen.”
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Egypt secures US$3.5bn spectrum deal to fuel next phase of digital growth
State-controlled Telecom Egypt, alongside Vodafone Egypt, Orange Egypt and E& Egypt, will collectively pay the agreed sum for 410 MHz of spectrum.
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Government prepares initiative to localize yacht manufacturing
Transport Ministry plans to continue supporting the sector by regularly updating a map of marina and port sites ready to receive yachts.
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Egyptian strawberry acreage increased, but yield per hectare declined
Strawberry cultivation in Egypt is concentrated in governorates including Qalyubia, Beheira, Ismailia, and Sharqia, covering around 9,000 hectares.
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Ankh Resources says drilling already shows promise for Egypt’s first copper and gold mine
Some of the mineralisation intercepts include 11 m of gold grading 1.93 g/t and copper grading 3.36% within a wider 35 m interval.
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Turkey signs $350m arms deal with Egypt
Turkey and Egypt sign a $350M arms deal, boosting bilateral military cooperation and defense industrial partnerships.
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Semiconductors at AI Everything MEA Egypt 2026
AI Everything MEA Egypt highlights semiconductors as critical for computing, AI infrastructure, and regional digital sovereignty.
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Egypt Seeks Chinese Defense Tech, Manufacturing Base in Cairo
Egypt courts China for a defense tech base in Cairo, expanding military production and industrial partnerships.
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Data centers took the FDI crown last year
Egypt’s data centers attracted the largest FDI in 2025, signaling booming digital infrastructure and investor appetite.
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Octane Launches Egypt’s First Digital Toll Payment System for Trucks
Octane launches O-Tolls, Egypt’s first digital truck toll system, improving logistics efficiency and cashless payments.