News
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PetroGulf Boosts Drilling Efficiency,Cuts Costs by $700,000
The technical breakthrough was achieved through a joint task force between PetroGulf Misr and the Egyptian General Petroleum Corporation (EGPC).
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Archroma Showcases Low Impact Denim Technologies At Denimsandjeans Egypt 2026
Archroma marked its debut at Denimsandjeans Egypt 2026 by presenting a comprehensive portfolio of sustainable denim innovations.
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Egypt, China Partner on $500m Solar Manufacturing Hub with 5-GW Capacity
Egypt signs a $500M deal with China's Suzhou Wuzhong for a 5 GW solar cell complex, advancing local renewable energy production capacity.
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Egypt, EU coordinate on 2026-2027 development grants as growth surpasses 5%
Egypt's 5%+ Q1 growth triggers EU development grant coordination, reflecting successful reforms in industry, IT, and tourism sectors.
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Granite Gains FRA Approval to Launch Digital Money Market in Egypt
Egyptian fintech Granite gets regulatory approval to launch digital money market, targeting LE1.3 trillion in maturing certificates.
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Edita secures pan-African rights for Hostess brands, targeting expansion in 45 countries
Egyptian food giant Edita acquires exclusive rights for Twinkies and HoHos across 45+ African countries, expanding regional footprint.
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Egypt’s Sky Ports starts work on $50mln bulk cement export terminal in East Port Said Port
Egyptian operator Sky Ports launches $50M cement export facility in Suez Canal zone, boosting regional logistics infrastructure
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Saudi Arabia to forge military pact with Egypt and Somalia amid UAE rivalry
Saudi-Egypt-Somalia military pact focuses on Red Sea security, countering UAE influence amid escalating Gulf regional rivalries.
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Egypt submits national aviation action plan through 2028
Egypt unveils 25-measure aviation sustainability plan projecting 6-7% annual traffic growth through 2050 with reduced emissions.
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Egypt, Burkina Faso sign MoU on trade, investment cooperation
MAG Trade & Investment partners with Burkina Faso's national projects office, targeting West African infrastructure opportunities.
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Crédit Agricole Egypt recognised as a Top Employer for 2025 and 2026 in Egypt
Credit Agricole Egypt receives consecutive Top Employer certifications, highlighting HR excellence and talent management practices.
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EU releases €1 billion second tranche as part of €5 billion strategic loan to Egypt
EU disburses €1B as Egypt's Q1 growth hits 5%, supporting structural reforms and unlocking an additional €3B in future tranches.
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Egypt Launches First Comprehensive Aerial Survey of Mineral Resources in 40 Years
Egypt to expand onshore and offshore exploration of minerals and natural resources, diversifying supply sources, and offering incentives to investment
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European Commission provides 1 billion in macro‑financial assistance for Egypt
This financial support is the first of the expected three installments under the ongoing 4 billion euro program.
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157 investment projects across public sector companies
This vision also focuses on industrial localisation and strengthening the competitiveness of the Egyptian economy.
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Barrick Gold’s Strategic Push into Egypt’s Mineral-Rich Desert
The company's recent activities suggest a concerted effort to secure future growth in a region attracting major international players.
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Egypt among 75 nations subject to new US visa suspension
The US Department of State has issued a decision to suspend the issuance of immigrant visas for citizens of 75 countries, including Egypt.
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Canadian business mission to explore new investment opportunities in Egypt
A high-level Canadian trade mission organised by the Egyptian Canadian Business Council (CEBC) will begin a five-day visit to Egypt on 17 January.
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Egypt, Burkina Faso sign MoU on trade, investment cooperation
The agreement was concluded at the end of a week-long business visit by a delegation of Egyptian businessmen.
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Egypt’s first semi-automated container terminal launches operations
This project signifies a pivotal milestone in Egypt's maritime development, underpinned by a 30-year concession agreement with the Egyptian government