Deputy Prime Minister for Economic Affairs Hussein Eissa met with a delegation from Italian banking group Intesa Sanpaolo to discuss expanding financial and banking cooperation between Egypt and Italy.

Prime Minister Mostafa Madbouly inaugurated two factories owned by the medical equipment company Technovision for Industry and Trade in the Sokhna Industrial Zone, part of the Suez Canal Economic Zone (SCZONE), with combined investments of $16 million.

Prime Minister Mostafa Madbouly inaugurated the first phase of the Designy Doors factory in the Sokhna Integrated Industrial Zone, with the project targeting total investments of $20 million.

Egyptian Prime Minister Mostafa Madbouly inaugurated BeiXin Taishan Egypt Building Materials Technology’s $10 million factory in the Sokhna Industrial Zone, part of the Suez Canal Economic Zone (SCZONE).

Egyptian Prime Minister Mostafa Madbouly inaugurated China-based artificial turf manufacturer VIVATURF Artificial Grass Egypt Co., Ltd.’s $4 million factory in the Sokhna Integrated Industrial Zone, which operates under the General Authority for the Suez Canal Economic Zone (SCZONE).

The Suez Canal Authority (SCA) has discussed potential cooperation and knowledge-sharing opportunities with ambassadors of 10 member states of the Southern African Development Community (SADC).

Egypt’s Ministry of Industry, the Sovereign Fund of Egypt (TSFE), and Chinese smart-equipment manufacturer Jiangsu Changhong Intelligent Equipment Co., Ltd. have inked a memorandum of understanding (MoU) to establish an industrial and engineering base for planning and building automotive and other transportation factories in Egypt.

Egypt’s Ministry of Industry and China's Linglong Tire Group have signed a memorandum of understanding (MoU) to establish an integrated industrial complex with expected investments of around $2 billion.

Egypt’s headline Purchasing Managers’ Index (PMI) jumped to a seven-month high in August 2026, recording 49.6, easing the downturn from 46.8 in July, according to the latest report issued by S&P Global.

Egypt’s trade exchange with China jumped by 21.5% year-on-year (YoY) to $11.3 billion during the first half (H1) of 2026, compared to $9.3 billion

British oil company bp has commenced production from the Fayoum-4 well, adding new gas volumes to the Egyptian market, according to an emailed press release.

Minister of Investment and Foreign Trade Mohamed Farid met with a delegation from Oman’s Public Authority for Special Economic Zones and Free Zones (OPAZ) to discuss enhancing bilateral trade and cooperation .

The General Authority for Investment and Free Zones (GAFI) and India have explored ways to increase Indian investments in Egypt, support companies operating in the country, and strengthen partnerships between the two markets.

Egypt has completed the required work under the first phase of the Haya Karima presidential initiative in 907 villages, as the government moves to finalize the remaining projects and prepare for the initiative’s second phase.

S&P Dow Jones Indices (S&P DJI) has maintained Egypt’s emerging-market classification after concluding its 2026 equity country classification consultation, ruling out a proposed move to frontier-market status.

President Abdel Fattah El-Sisi called for increased Qatari investment in Egypt during talks with Qatar’s Prime Minister and Minister of Foreign Affairs Mohammed bin Abdulrahman bin Jassim Al-Thani.

Egypt has signed 17 export contracts worth an estimated $168 million with Chinese companies to boost Egyptian exports to China.

Egyptian exports rose by around 7.1% year on year (YoY) to $28 billion in the first half (H1) of 2026, according to data from the Central Agency for Public Mobilization and Statistics (CAPMAS).

Dubai-based paid public parking provider Parkin Company PJSC has signed a memorandum of understanding (MoU) with Modon Misr for Asset and Facility Management, Mwasalat Misr and Redcon Properties to explore the development of smart parking and mobility solutions in Egypt.

Egypt established nearly 26,000 companies with total issued capital of approximately EGP 97.5 billion during the first half of 2026.