News
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Egypt strengthens its position in the global citrus trade
Authorities in Cairo have described the performance as unprecedented. Citrus accounted for almost a quarter of Egypt’s total agri-food exports.
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Xinfeng Steel eyes moves Egypt up the manufacturing value chain with USD 10 bn specialized steel complex
The project is also expected to create 100k jobs, 15k of which will be direct jobs.
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Egypt cuts trade deficit as non-oil exports rise 17%
The largest markets for Egyptian non-oil exports included the UAE, Turkey, Saudi Arabia, Italy and the US.
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ELITE Solar opens Egypt cell and panel manufacturing for US supply
Singapore-headquartered ELITE Solar formally commissioned its 3-GW panel, 2-GW cell manufacturing complex in Egypt’s Suez Canal Economic Zone.
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Vaiu, Volta to finance locally manufactured neighborhood EVs in Egypt
Compared to conventional golf carts, Volta includes additional safety and functional features aimed at daily use within residential areas.
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Egypt Activates E-Payments for Cairo Metro Line 3, Rail Transit
The new system allows passengers to pay using Visa cards when purchasing tickets, recharging electronic wallet cards, or renewing subscriptions.
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CBE launches first specialized AI diploma for bankers
It comprises five training programs that provide tools, frameworks and educational exercises that can be enrolled on simultaneously or individually.
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Egypt discusses cooperation with Finland, Germany, and Geneva Water Hub ahead of UN conference
They agreed that science-based dialogue and knowledge exchange remain essential pillars for sustainable water management and regional stability.
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Parliament committee initially approves bill amending electricity law
The proposed amendments include stricter penalties for employees who commit crimes related to the improper connection of electricity.
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Al Ahram Beverages Company participates at Gulfood 2026
The pavilion featured “Fayrouz”, Egypt’s first natural flavored non-alcoholic malt beverage.
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Egypt to export 3.2 billion cubic feet of gas to European markets
Ministry of Petroleum and Mineral Resources announced the export of a new shipment of LNG this January to Shell, from the Idku LNG Terminal.
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Egypt ranks 2nd worldwide as wheat output records major gains in 2025
At present, around 20 wheat varieties are cultivated across Egypt. These have been geographically distributed to maximise efficiency.
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Admaius scores quick exit as PE deal flow picks up, selling Parkville to Adenia Partners
Admaius Managing Partner Marlon Chigwende noted that “the USD returns to our investors are very attractive.”
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Egypt plans $10B automotive & industrial steel complex with Chinese partner
The project will produce 10 million tons of automotive and industrial steel annually on a 10 million m² site.
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Egypt’s real estate market enters phase of structural correction, global repositioning
Egypt is on a trajectory similar to India’s transformation over the past two decades, positioning itself to be a major global hub within 10-15 years.
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Egypt targets 100+ wells in 2026
Egypt’s drilling push forms part of a broader plan to raise output, cut imports and secure summer energy supply.
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Vodafone Egypt links potential price hikes to rising fuel, electricity costs
Any increase in mobile call and internet package prices will be tied to recent hikes in fuel, gas, and electricity prices, as well as rising costs.
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EBRD backs Ibnsina Pharma with $42mn green logistics loan in Egypt
Under the agreement, the EBRD financing will cover green capital expenditure upgrades, supported by technical advisory services from the bank.
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3.5 Tons of Silver and 1 Kg of Gold Seized in Alexandria, Valued at EGP 580 Million
Investigations revealed that the suspects were trading smuggled gold and silver items of unknown origin and stamping them with counterfeit marks.
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ONE Development awards main construction contract for flagship laguna project
The contract represents a major milestone in the delivery of Laguna and marks the project’s transition into full-scale construction.