News

Ahmed Fahmy, Presidential Spokesperson, stated that the Supreme Investment Council approved 22 decisions today. He ...
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.
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 ...
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 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.
Earlier this month, the IMF announced that it would combine the fifth and sixth reviews of Egypt’s support program to give the authorities more time to meet the program's key targets.
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 ...
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 ...
Saudi Arabia’s Sumou Holding Group is set to launch its first real estate investment fund in Egypt, according to a statement by. Ayed Al-Qahtani, Chairman of Sumou Holding. The announcement came ...
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 ...
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 ...
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 ...