News
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Giza Now Hosts Egypt’s First Medical Tourism Investment Zone
The proximity to major tourist attractions, including the Pyramids of Giza, will enhance the overall appeal of the destination.
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Mars Egypt launches 2 new production lines in $280M expansion
Mars Egypt, the local subsidiary of the global food and pet care giant Mars, inaugurated two new production lines at its chocolate manufacturing.
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Egypt’s private investments jump by 73% in FY2024/25
FM Kouchouk says private investments jumped 73% in FY2024/25, with balanced indicators encouraging investor confidence restoration in Egypt.
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BNP paribas forecasts 5.2% GDP growth for Egypt in FY 2024/2025
BNP Paribas forecasts 5.2% GDP growth for Egypt in the current fiscal year, driven by household consumption and improving business conditions.
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Egypt-Turkey economic relations witnessing unprecedented momentum
Egypt-Turkey economic relations witness unprecedented momentum. Foreign Minister targets $15B trade volume in five years, promotes SCEZone opportunity
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Minapharm, Bayer sign strategic agreement to localize pharmaceutical manufacturing in Egypt
Minapharm and Bayer sign strategic agreement to localize pharmaceutical manufacturing in Egypt, strengthening position as regional production.
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Egypt targets 42% clean electricity by 2030 through major renewable energy expansion
Egypt targets 42% clean electricity by 2030 through renewable expansion requiring $250B investment in solar, wind, and green hydrogen projects by 2050
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Egypt’s NWFE Platform highlighted in COP30 expert report as model for scaling climate investment
Egypt's NWFE program and the Sharm El-Sheikh Guide were placed at the center of new international climate finance roadmap at COP30 summit in Brazil.
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AI Everything MEA Egypt 2026 Launches at Sultan Hussein Kamel Palace
Egypt launches AI Everything MEA Egypt 2026 conference at Sultan Hussein Kamel Palace with Ministry of Communications and GITEX GLOBAL partnership.
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The evening also featured a panel discussion on the future of AI in Egypt with representatives from IBM, HPE, Deloitte I
DAMAC Properties unveils DAMAC Islands 2 master development and opens new sales office in Egypt at Grand Egyptian Museum celebration event.
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Unemployment rises to 6.4% as labor force surges in Q3 2025
Unemployment rises to 6.4% in Q3 2025, up 0.3 percentage points from previous quarter, as labor force surges per CAPMAS survey data.
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AI key to promoting int’l cooperation: Egypt FM at AIDC2 EXPO'25
Foreign Minister Badr Abdelatty emphasizes importance of harnessing AI for international cooperation, transparency, and fairness.
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Growing foreign reserves assure int’l institutions, investors of Egypt’s economic stability
Egypt's foreign reserves surpass $50B after 38 consecutive months of growth. Qatar invests $7.5B, with $3.5B cash by December for north coast project.
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Egypt starts gas production at West Burullus field in Mediterranean
Egypt starts gas production at the West Burullus Mediterranean field with 45M cubic feet daily, expanding to 75M with additional wells by year-end.
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IMF Mission to arrive in Cairo in early December for programme reviews
The IMF mission arrives in Cairo in December for fifth and sixth EFF reviews of $8B loan and the first RSF review of $1.3B sustainability facility.
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At COP30, Egypt’s Al-Mashat urges scaling up of innovative climate finance
Egypt's NWFE platform mobilizes $4.5B for 5.2 GW renewable energy. Al-Mashat urges innovative climate finance at COP30 with 8.8 GW PPAs signed.
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Japanese companies outline investment, expansion plans in Egypt
Japanese companies review investments and expansion plans at fifth Egyptian-Japanese Joint Committee for Investment, outlining growth strategies.
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German firms show growing optimism for investing in Egypt
German-Arab Chamber CEO discusses growing Egypt-Germany cooperation, investment landscape, and positive outlook for bilateral trade in Ahram interview
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Egypt, India mull cooperation in mining, petrochemical sectors
Petroleum Minister Karim Badawi explores cooperation opportunities with India in petrochemical and mining industries to boost bilateral investments.
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Cybersecurity Firm RSA Signs MoU With ITIDA to Deepen Egypt Footprint
Cybersecurity firm RSA signs MoU with ITIDA to expand center of excellence, deepen investment, and create jobs in Egypt's cybersecurity sector.