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6 UK, US-linked ships return to Red Sea

Six ships linked to the UK and the US have returned to the Red Sea since January 19th, 2025.

Updated 1/30/2025 8:36:00 AM
Egypt, UK seal MoU in food security field

The Egyptian Ministry of Planning, Economic Development, and International Cooperation has signed a memorandum of understanding (MoU) with the UK government to foster strategic partnership between the two countries in the field of sustainable food security.

Updated 10/16/2024 1:38:00 AM
Raya Contact Center to launch investment arm in UK within H1 2025

Raya Contact Center is planning to launch a new investment arm in the UK within the first half (H1) of 2025.

Updated 9/24/2024 11:38:00 AM
SCZONE, UK-based firms mull cooperation in several sectors

Chairman of the General Authority for Suez Canal Economic Zone (SCZONE) Waleid Gamal Eldien has probed potential cooperation with representatives of UK-based firms in the fields modern building materials, water treatment, and communications.

Updated 9/17/2024 10:53:00 AM
UK-based BII eyes investments in Egypt’s renewables, infrastructure sectors

The British International Investment (BII) is planning to invest in the Egyptian sectors of renewables, green hydrogen, and infrastructure.

Updated 9/10/2024 7:17:00 AM
Egypt-UK trade hits £2.8B in 2023

Trade exchange between Egypt and the UK was valued at around £2.8 billion in 2023, Egyptian Minister of Investment and Foreign Trade Hassan El Khatib stated.

Updated 9/8/2024 12:00:00 PM
Egypt's monorail set to begin trial operations in October

Egypt’s monorail project, financed by the UK, is expected to begin trial operations in October, utilizing eco-friendly electric energy to lower fuel consumption and lower pollution rates.

Updated 9/8/2024 6:34:00 AM
UK’s BII eyes investing up to $200M in Egypt’s financial sector

The UK-based British International Investment (BII) is planning to invest $100 to $200 million in Egypt’s financial sector in 2024.

Updated 7/7/2024 7:52:00 AM
Planning Ministry mulls cooperation with 50 British firms in several fields

Minister of Planning and Economic Development Hala Elsaid has met with representatives of 50 major British firms to discuss cooperation and investment opportunities.

Updated 6/26/2024 10:07:00 AM
Egypt to receive $400M from UK in budget support

Egypt is expected to get $400 million from the UK over two years to help with its budget, Bloomberg reported, citing the Egyptian Minister of International Cooperation Rania Al-Mashat.

Updated 4/22/2024 11:02:00 AM
iSON Xperiences to expand in UK, Europe via acquisition

iSON Xperiences, a customer experience management (CXM) firm, has acquired the UK-based EC Outsourcing Company to expand into the British and European markets.

Updated 3/26/2024 11:47:00 AM
NUCA, UK sign MoU for infrastructure development in Egypt

The New Urban Communities Authority (NUCA) has signed a memorandum of understanding (MoU) with the UK to form a joint working group to bolster cooperation in developing sustainable cities and infrastructure in Egypt.

Updated 2/12/2024 8:55:00 AM
UK’s Actis close to acquire wind farm in Egypt

The UK leading global investor in sustainable infrastructure Actis is close to acquiring the Gabal El Zeit wind plant in Egypt, Asharq Business reported on July 10th, citing unnamed sources familiar with the matter.

Updated 7/10/2023 11:06:00 AM
AfDB funds 3rd phase of Egypt’s Gabal El Asfar water treatment plant with €110M

The UK government will provide a credit guarantee to cover part of the €80 million financing offered by AfDB.

Updated 5/28/2023 9:20:00 AM
Egypt cooperates with foreign partners on extensive oil drilling program

The Egyptian petroleum sector is currently implementing an extensive drilling program in cooperation foreign partners to make new oil discoveries and increase production, Minister of Petroleum and Mineral Resources Tarek El-Molla said in a meeting with the British Ambassador to Cairo Gareth Bayley.

Updated 4/11/2023 10:00:00 AM