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
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 AMRaya 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
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
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
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 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
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
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 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 AMiSON 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
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
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
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
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