News

The Information and Decision Support Center (IDSC) of the Egyptian Cabinet has announced that Egypt has successfully established a solid industrial base in the pharmaceutical sector over recent years.
Prime Minister, Mostafa Madbouly, witnessed the signing of a comprehensive operations and maintenance agreement for the Central Business District (CBD) in the New Administrative Capital. The agreement ...
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 ...
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 ...
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, ...
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 ...
Egypt’s automotive market maintained its upward trajectory in March, with total vehicle sales reaching 10,800 units, according to data from the Automotive Marketing Information Council (AMIC). This ...
Egypt has rolled out nearly 500 reform measures between May 2022 and December 2024 as part of a sweeping initiative to strengthen private sector involvement in the national economy, according to a ...
Prime Minister, Mostafa Madbouly, inaugurated the new factory of “SI Wiring Systems Egypt,” a subsidiary of “Sumitomo Electric Systems Europe,” located in the 10th of Ramadan City. The facility was ...
The Egyptian Exchange (EGX) rallied back into the green after yesterday’s fall, closing with a market capitalization recorded at EGP 2.2329 trillion. Benchmark index EGX 30 rose by 0.87% to reach ...
In a bid to lure back global shipping traffic, the Suez Canal authority (SCA) has announced a 15% reduction in transit fees for container ships carrying a net load of over 130,000 tonnes. The discount ...
The Financial Regulatory Authority (FRA) has issued a renewed advisory urging citizens to stay vigilant against unauthorized individuals and entities promoting investment opportunities, particularly ...