vivo, a global leading technology company specializing in smartphone manufacturing, announced strengthening its investments and industrial operations in Egypt.

Sixth of October Development and Investment Company (SODIC) is planning to expand in the hotels sector over the coming period by launching 550 rooms in five new hotels.

The Saudi Egyptian Industrial Investment Co. (SEII) is planning to inject $30 million in new investments into Egypt during 2025.

An Egyptian-Qatari investment alliance is studying the establishment of an iron and steel factory in Qena Governorate with initial investments of up to $100 million.

Egypt received 15.7 million tourists in 2024 despite the region’s geopolitical conditions, highlighted Tourism and Antiquities Minister Sherif Fathy.

Unionaire intends to increase its investments in Egypt to $500 million in 2025, a significant increase from the $300 million invested in 2024.

The General Authority for Suez Canal Economic Zone (SCZONE) has signed contracts for two new projects worth $38 million.

Trade exchange between Egypt and Norway grew to $217 million during the first 10 months of 2024, from $204 million in the same period last year

The political and economic situation in the Middle East is facing huge challenges, Egyptian tycoon Naguib Sawiris said during the second session of the 6th Annual Hapi Conference, citing escalating events in Syria and Libya and their impact on investment.

The Egyptian government is seeking to implement more reforms in fiscal, monetary, and trade policies to create a clear and transparent investment environment, Minister of Investment and Foreign Trade Hassan El-Khatib announced during a roundtable discussion.

Minister of Investment and Foreign Trade Hassan El-Khatib has met with Mehmet Tara, Chairman of Türkiye’s ENKA, to discuss the company’s investment plans in Egypt.

Minister of Investment and Foreign Trade Hassan El-Khatib met with Hicham Elloumi, chairman of Tunisian multinational Coficab, to discuss progress on the company’s new factory in the Tenth of Ramadan City.

Minister of Investment and Foreign Trade Hassan El-Khatib met with Basil Rahmy, Chairman of the Micro, Small, and Medium Enterprises Development Agency (MSMEDA), to discuss expanding cooperation between the ministry and the agency in various sectors.

Minister of Investment and Foreign Trade Hassan El-Khatib outlined the state’s efforts to attract investments and enhance the movement of Egypt’s foreign trade in a recent address before the senate general assembly.

Minister of Investment and Foreign Trade Hassan El-Khatib met with Emre Erciyas, the CEO of Türkiye-based Erciyas Holding, to discuss the company’s plans to build a $60 million factory in Egypt.

Minister of Planning, Economic Development, and International Cooperation Rania Al-Mashat held discussions with senior officials from the International Finance Corporation (IFC) to explore collaboration opportunities in mining and infrastructure development.

Minister of Investment and Foreign Trade Hassan El-Khatib met with the CEO of the Emirati company IFFCO Karim Hassan to discuss the company's expansion plans in Egypt.