Tags Result

Orascom Construction reports $7.6 B backlog in 2024

Orascom Construction recorded a consolidated backlog of $7.6 billion in 2024.

Updated 3/26/2025 9:49:00 AM
Electricity Minister reviews energy supply for 14 new industrial projects

The Supreme Council for Energy, headed by Minister of Electricity and Renewable Energy Mahmoud Esmat, discussed a number of requests on energy supply for 11 new industrial projects, along with three others added to the agenda.

Updated 3/9/2025 7:50:00 AM
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
Italy's San Donato Group to invest $100M in 1st phase of hospital project in Egypt

Italy’s San Donato Hospital Group plans to invest $100 million in the first phase of a new hospital project in Egypt, with further expansion across several governorates.

Updated 2/18/2025 3:02:00 AM
Foundation stone laid for $38M FBB-Tech electronics project in Sokhna

Chairman of the Suez Canal Economic Zone (SCZone) Waleid Gamal El-Dien has laid the foundation stone for the "FBB-Tech" electronics project in the Sokhna Industrial Zone, with investments worth $38 million.

Updated 2/17/2025 2:11:00 AM
SCZone reports 40% YoY leap in profits in 6 months

The Suez Canal Economic Zone’s (SCZone) income statement for the period from July to December 2024 revealed a 40% increase in net profit compared to the same period in 2024.

Updated 2/11/2025 4:26:00 AM
General Authority for Roads plans to complete 4 new projects for EGP 14.6B

The General Authority for Roads and Bridges and Land Transport aims to complete four new road projects at a cost of EGP 14.6 billion as part of the third phase of the national roads project launched in 2014.

Updated 2/10/2025 11:37:00 AM
EGPC reviews progress on clean energy transition projects

The Egyptian General Petroleum Corporation (EGPC) held its weekly Energy Transition Committee meeting to review the progress of projects supporting the shift toward clean energy.

Updated 2/9/2025 2:24:00 AM
Ministry of Planning, EBRD sign MoU to boost public-private sector partnership

The Ministry of Planning and Economic Development and International Cooperation has signed a memorandum of understanding (MoU) with the European Bank for Reconstruction and Development (EBRD) to enhance cooperation in implementing public-private partnership (PPP) projects.

Updated 2/5/2025 1:55:00 AM
Finance Ministry pens €10M agreement with EBRD to boost Egypt's private sector growth

The Egyptian Ministry of Finance signed a cooperation agreement with the European Bank for Reconstruction and Development (EBRD) to establish an “Egypt Account” with a capital of €10 million.

Updated 2/5/2025 1:49:00 AM
Egypt, Iraq pen agreements to boost economic, trade, cultural cooperation

Egypt and Iraq have strengthened their bilateral ties with the signing of 12 cooperation agreements covering key sectors, including local development, industry, trade, transport, culture, and financial regulation.

Updated 2/2/2025 5:06:00 AM
Wadi Degla Developments marks 20-year with ambitious plans for 2025

Wadi Degla Developments celebrated its 20th anniversary by announcing major achievements and ambitious plans for 2025 during its annual press conference.

Updated 1/28/2025 4:24:00 PM
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
Madbouly meets private sector leaders to address challenges, propose economic initiatives

Prime Minister Moustafa Madbouly held a meeting with prominent figures from the local private sector to discuss pressing challenges and explore avenues for greater collaboration between the state and private enterprises in the coming years.

Updated 12/26/2024 7:48:00 AM
El Zahy Group secures EGP 4.2B syndicated loan from 3 banks for development projects

El Zahy Group, a local player in the construction sector, has signed a syndicated loan agreement worth EGP 4.2 billion with the National Bank of Egypt (NBE), Banque Misr, and QNB Egypt.

Updated 12/24/2024 8:18:00 AM
SCZONE inks $38M contracts for 2 projects at West Qantara Industrial Zone

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

Updated 12/16/2024 2:27:00 AM
Abu Qir Fertilizers inks 3 key deals to boost sustainability, energy efficiency 

Abu Qir Fertilizers has signed three major agreements to enhance sustainability, reduce carbon emissions, and improve energy efficiency.

Updated 12/15/2024 1:38:00 AM
Egypt to offer 24 educational projects for private-sector participation

The Egyptian Ministry of Education has submitted a list of 24 plots of land in 12 governorates to the Public-Private Partnership (PPP) Unit at the Ministry of Finance for potential educational projects.

Updated 12/10/2024 10:33:00 AM
Qatar explores major investment opportunities in Egypt’s North Coast: Madbouly

Qatar has expressed interest in reinforcing trade exchange as well as investment cooperation with Egypt.

Updated 11/28/2024 5:46:00 AM