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Egypt seeks $3.5B in industrial investments for 2025

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
Egypt, Croatia pen MoU to boost bilateral investment cooperation

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
El-Khatib reviews energy investment plans with Tecnicas Reunidas in Spain

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
South Sinai targets EGP 600B in industrial investments by 2035

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 to invest EGP 12B in 2025

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
Badawi discusses Sukari mine investments with AngloGold Ashanti

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
GAFI highlights textile sector incentives at Denim and Jeans Exhibition

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
Norges Bank Investment Management's investments in Egypt's equities drop to $100M in 2024

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
UGREEN enters Egyptian market with $5M investment

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 plans $125M hotel investment in Egypt

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 begins operations in Egypt with EGP 30B investments

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 to invest $100M in Egypt during 2025

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
Investment cap, governance boost private investments to 63% of total in Q1 FY2024/25: Kouchouk

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
El-Khatib reviews developments on BSH Egypt’s €55M factory

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 to establish EGP 4B real estate development firm

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
Private sector investments reach EGP 700B in FY2023/24 development plan: Al-Mashat

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
El-Khatib highlights Investment Ministry's 2024 achievements

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
US Ambassador touts up to $40B healthcare investment opportunities in Egypt by 2025

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, Ireland grows to $448M in 10 months

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
Egypt’s ECS, Germany’s NRW Global Business ink cooperation agreement to boost trade, investment

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