Egyptian Petroleum Minister Karim Badawi during a strategic meeting with oil sector leaders, launching reforms to boost production and investment. Egypt’s Minister of Petroleum and Mineral Resources, ...

Egypt is actively pushing to position itself as a key transit hub in a broader railway network connecting Asia and Europe, according to Deputy Prime Minister for Industrial Development and Minister of ...

Fitch Solutions’ research arm BMI has revised its forecast for Egypt’s economic growth in FY2025/2026, lowering it slightly to 4.7%, down from an earlier estimate of 5.0%. The downgrade reflects ...

Minister of Investment and Foreign Trade, Hassan El-Khatib, announced that the government is preparing a comprehensive national investment map with clear sectoral objectives. The plan, which will be ...

American investments in Egypt currently amount to about $8 billion, according to a statement by Head of Egyptian Commercial Service (ECS), Yahya El-Wathiq Billah, on the sidelines of his visit to ...

Al-Organi Group and El-Garhy Group have announced the signing of a Memorandum of Understanding (MoU) between ODI, a subsidiary of Al-Organi Group, and Al-Wahda for Industrial Development, a subsidiary ...

Minister of Communications and Information Technology, Amr Talaat, inaugurated Intelcia's new regional headquarters in Sheikh Zayed City, Giza Governorate. Intelcia plans to expand its presence in the ...

According to NielsenIQ, there has been a notable shift in consumer behavior, as preferences have increasingly leaned away from premium market offerings towards more economically priced options within ...

Egypt has been vigorously working to create a favorable environment for both local and foreign investors. In recent years, the country has launched several initiatives and has enacted laws to attract ...

The Egyptian pound (EGP), which breached the milestone of 50 per dollar to hit a record low this week, may rebound in early 2025 as a series of seasonal portfolio outflows taper off, according to ...

The total trade exchange between Egypt and Spain amounted to $3.1 billion in 2024, compared to $3.2 billion in 2023, according to data from the Central Agency for Public Mobilization and Statistics ...

Eight Indian companies are set to inject new investments worth around $1 billion in Egypt by 2025, targeting projects in the fields of new and renewable energy, green hydrogen, bus assembly, and ...