News

Macro Group Pharmaceuticals announced it has decided to postpone its initial public offering (IPO) on the Egyptian Exchange (EGX), despite high demand from international institutional investors in a ...
Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, witnessed the signing of a joint financing agreement for the Egyptian National Company for ...
Khaled Abdel Ghaffar, Minister of Health and Population, announced that the ministry is implementing 20 projects across 11 governorates, with an estimated total value of EGP 11.7 billion, as part of ...
Gold demand in Egypt fell by approximately 20% year-on-year during the first quarter of 2025, totaling 6.4 tonnes, according to the World Gold Council’s quarterly report. Despite the annual decline, ...
This comes as part of the government’s broader effort to stabilize industrial output and support economic resilience amid regional tensions.
Egypt’s seasonally adjusted Purchasing Managers’ Index (PMI) declined to 48.8 in June 2025, down from 49.5 in May, according to the latest S&P Global PMI data. The country’s non-oil private sector ...
Chairman of the General Authority of the Suez Canal Economic Zone (SCZONE), Walid Gamal El-Din witnessed the foundation stone laying ceremony of the Xin Xing factory for iron castings, which aims to ...
According to government figures, the disruption in maritime traffic has cost Egypt at least $7 billion in lost canal revenues so far in 2024.
The Egyptian-Canadian Business Council aims to increase Canadian investments in Egypt by 30% this year, surpassing $2.6 billion compared to the current $2 billion. Ahmed Khattab, a member of the ...
The Egyptian Cabinet has approved granting the Golden License to Lesaffre Egypt for Yeast Manufacturing (LSE), an Egyptian joint-stock company operating under the domestic investment system, for ...
The signing of the protocol and supplementary annex reflects the mutual commitment of Egypt and Russia to accelerating the pace of work on the El-Dabaa Nuclear Power Plant in accordance with the ...