News

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 ...
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 ...
In a major step toward redrawing the map of urban development on Egypt’s eastern coast, Delta Capital for Urban Development (DCUD), in partnership with Nations of Sky, has announced the launch of ISLA ...
Prime Minister Mostafa Madbouly met with Electricity Minister Mahmoud Esmat and Petroleum Minister Karim Badawi to assess the country's preparedness to meet rising summer electricity demand on Sunday.
The land will serve as a private free zone dedicated to establishing a fully integrated factory for the production of high-quality textiles, with a total investment of $100 million.
President Abdel Fattah El-Sisi, issued presidential decree approving a financial agreement related to the Green Facility Program between the European Union and the Arab Republic of Egypt. The ...
The Suez Canal Economic Zone (SCZone) signed a contract for the development of usufruct rights for a 2.86-square-kilometer plot of land located within the industrial zone of Ain Sokhna with TEDA Egypt ...
The UK Foreign, Commonwealth & Development Office (FCDO) has given preliminary approval to provide a $200 million loan guarantee to the World Bank on behalf of Egypt, as part of broader efforts to ...
In a recent report by AFP, several business owners and tour operators expressed frustration and concern over the latest postponement of the Grand Egyptian Museum’s (GEM) official opening, which had ...
The project, designed to supply clean electricity to Egyptalum’s aluminum complex in Nag Hammadi, involves an estimated investment of $650 million across two phases.
Minister of Finance, Ahmed Kouchouk, announced that the government has allocated EGP 5 billion in the newly approved state budget, which came into effect on July 1, as the largest economic support ...