Orascom Construction recorded a consolidated backlog of $7.6 billion in 2024.
Updated 3/26/2025 9:49:00 AM
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 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 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
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
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
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
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
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
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 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 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
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
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
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, 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
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 AMAbu 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
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 has expressed interest in reinforcing trade exchange as well as investment cooperation with Egypt.
Updated 11/28/2024 5:46:00 AM