News
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China’s Xingfa Group to implement $2bln phosphate project in Egypt
China's Xingfa plans a $2B phosphate complex in Egypt's Golden Triangle, the firm's largest overseas project, targeting fertilizer production.
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Egypt’s agricultural exports reach record US$11.5 billion in 2025
Egypt's agricultural exports hit record $11.5B in 2025, up 7% year-on-year, driven by citrus, potatoes reaching 167 countries globally.
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Investment min. discusses expansion of Saint-Gobain’s investments in Egypt at Davos
Saint-Gobain plans a second flat glass line in Egypt, investing in solar energy for 100% sustainable electricity at manufacturing sites.
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Egypt To Establish Its First Large-Scale Gold Refining Plant
Egypt launches first large-scale gold refining facility for 24-carat purity bars, targeting $9B exports in 2026, up from $7B in 2025.
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ACWA Power pursues three major desalination projects in Egypt
Saudi Arabia's ACWA Power bids for three large seawater desalination projects in Egypt via public-private partnerships announced at Davos.
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Egypt is one of ManageEngine’s 3rd largest, most strategic markets in MEA
ManageEngine VP reveals Egypt ranks third in MENA after Saudi Arabia and UAE, fourth across MEA including South Africa in IT operations.
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Emaar Misr announces the first fully integrated Longevity & Wellness Center in the North Coast and the Red Sea
Emaar Misr designs the first Longevity & Wellness Centers for Marassi North Coast and the Red Sea, prioritizing wellness-focused destination living.
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UK-based AVEVA appoints Egyptian Khaled Salah as Vice President for Africa
UK industrial software provider AVEVA names Khaled Salah as Africa VP to accelerate continental growth in digital transformation solutions.
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Trump to offer mediation in dispute over Africa’s largest hydroelectric dam between Egypt and Ethiopia
Trump pledges to restart US mediation between Egypt, Ethiopia, Sudan over GERD Nile dam, calling it "top of his agenda" for region.
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Four trains added on Cairo-Aswan line
Four extra services will run on the Cairo–Aswan route from January 22nd to mid-February.
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Why winter in Cairo feels festive even if you’re not celebrating Christmas
In winter, conditions are comfortable enough to be outdoors or walk through streets and markets without the oppressive heat of other seasons.
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18.5% raise in Suez Canal's revenues during H1 of FY2025/2026
The number of vessels transiting the canal rose by 5.8 percent, while net tonnage increased by 16 percent, driving revenue growth of 18.5 percent.
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Is Gourmet the next Spinneys UAE, and will regional investors bite?
Should Gourmet be priced like a conventional local grocery chain, or does it deserve the premium multiples of a regional peer such as Spinneys UAE?
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Coca-Cola to open Alexandria factory and triple Cairo digital hub workforce
Coca-Cola plans to open a new factory in Alexandria and more than double the workforce at its Cairo digital hub by 2027.
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HDP launches EGP 50 bn Grand Lane residential development in New Cairo
The 98-feddan project offers a range of residential units, including apartments, townhouses, and standalone villas.
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Patras opens sea gate to Egypt
They signed a Letter of Intent for the start of a direct maritime connection between the Port of Patras and the Ports of Egypt.
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Hong Kong’s Crystal commits USD 350 mn in one of the largest FDI in Egypt’s textile sector
The project, which will operate under a private freezone status, marks one of the largest foreign direct investments in Egypt’s textile sector.
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Egypt Settles $5Bn in Oil Arrears
Egypt’s total arrears for International Oil Companies have dropped from a mid-2024 peak of $6.1 billion and are expected to reach$1.2 billion by June
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Egypt’s agricultural exports leap to 9.5mln tons in 2025
The total value of Egyptian fresh and processed agricultural exports hit nearly $11.5 billion last year.
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GCL, Cornex, TBEA to build solar manufacturing complex in Egypt
Egypt’s Kemet has signed three agreements with Chinese companies over the last week, covering plans for a 5 GW solar cell complex.