Egypt aims to attract new industrial investments worth $3.5 billion in 2025, 15% more than last year.
Updated 2/20/2025 8:16:00 AM
The General Authority for Investment and Free Zones (GAFI) has signed a memorandum of understanding (MoU) with the Croatian Ministry of Economy and Sustainable Development to strengthen investment cooperation between Egypt and Croatia.
Updated 2/18/2025 2:08:00 AM
Minister of Investment and Foreign Trade Hassan El-Khatib met with a delegation from Tecnicas Reunidas to discuss investment opportunities in Egypt’s energy sector.
Updated 2/11/2025 3:21:00 AM
The governorate of South Sinai is aiming to attract up to EGP 600 billion in industrial investments by 2035 through offering industrial cities to local and foreign investors.
Updated 2/9/2025 7:45:00 AM
Cleopatra Holding is planning to invest EGP 12 billion in 2025, focusing on expanding in the ceramics, porcelain, tourism, and energy sectors.
Updated 2/9/2025 7:20:00 AM
Egypt’s Minister of Petroleum and Mineral Resources Karim Badawi met with AngloGold Ashanti's CEO Alberto Calderon to discuss investments in the Sukari gold mine.
Updated 2/6/2025 7:36:00 AM
The General Authority for Investment and Free Zones (GAFI) showcased Egypt's textile sector incentives at the Denim and Jeans Exhibition, which took place in Egypt for the first time.
Updated 2/5/2025 12:41:00 PM
Investments of the Norges Bank Investment Management, Norway's sovereign wealth fund, in Egyptian equities fell by 26% in 2024, as per data published on the fund's website.
Updated 2/5/2025 2:19:00 AM
Blooms Group has officially launched UGREEN, the global leader in electronics, mobile accessories, and advanced charging solutions, in the Egyptian market with an investment of $5 million.
Updated 2/3/2025 8:37:00 AM
Kuwait's Bukhamseen Group Holding Company is planning to expand its presence in the Egyptian market by investing $125 million in a new hotel.
Updated 2/3/2025 8:07:00 AM
Earth Development has announced the launch of its operations in Egypt, bringing over 15 years of experience from Saudi Arabia’s Al-Zawka Construction Company.
Updated 2/3/2025 1:02:00 AM
RMBV, a Netherlands-based private equity firm, is planning to invest $100 million in Egypt this year through acquiring 20% to 40% stakes in four to five companies
Updated 2/2/2025 4:14:00 AM
Private investments represented 63% of total implemented investments during the first quarter (Q1) of the current fiscal year (FY) 2024/2025.
Updated 2/2/2025 2:42:00 AM
Minister of Investment and Foreign Trade Hassan El-Khatib reviewed the latest developments of BSH Egypt’s project in the 10th of Ramadan City.
Updated 1/8/2025 3:57:00 AM
Banque Misr, Egypt's second-largest state-owned bank, plans to establish a real estate development and asset management company with a capital of EGP 4 billion.
Updated 12/30/2024 11:46:00 AM
The private sector investments in the Egyptian market exceeded expectations in the financial year (FY) 2023/2024, reaching EGP 700 billion, with an annual growth rate of 5.3%.
Updated 12/30/2024 3:09:00 AM
Minister of Investment and Foreign Trade Hassan El-Khatib presented an overview of the ministry's significant achievements during 2024, showcasing efforts to bolster local and foreign investments and enhance Egypt's exports globally.
Updated 12/29/2024 1:59:00 AM
The US Ambassador to Egypt Herro Mustafa stated that Egypt's healthcare sector offers promising investment opportunities valued between $30 billion and $40 billion in hospital infrastructure by 2025.
Updated 12/15/2024 2:02:00 AM
Trade exchange between Egypt and Ireland stood at $448 million during the first 10 months of 2023, up from $428 million in the year-ago period, according to a press release from the Central Agency for Public Mobilization and Statistics.
Updated 12/14/2024 10:11:00 AM
The Egyptian Minister of Investment and Foreign Trade Hassan El-Khatib and the Minister of Economic Affairs of North Rhine-Westphalia witnessed the signing of a joint cooperation declaration between the Egyptian Commercial Service (ECS) and NRW Global Business.
Updated 12/1/2024 3:07:00 AM