}

Tags Result

BII commits $1.3B investments in Egypt since 2012

British International Investment (BII) has launched its 2026–2030 strategy in Egypt, with total commitments hitting nearly $1.3 billion since 2012

Updated 6/17/2026 10:42:00 AM
Egypt to receive €1.5B from EU to support economic reform agenda

The European Union (EU) is set to disburse €1.5 billion to Egypt this June to support the country’s economic reform objectives, President of the European Commission Ursula von der Leyen said.

Updated 6/17/2026 7:01:00 AM
IIF projects Egypt's inflation to ease to 13% in FY2026/27

The Institute of International Finance (IIF) expected in its latest report that Egypt's inflation rate would moderate to an average of 13% in fiscal year (FY) 2026/2027, down from an estimated 13.4% in FY2025/2026.

Updated 6/16/2026 3:13:00 PM
Egypt-G7 trade jumps 22.1% in 2025: CAPMAS

Trade exchange between Egypt and the G7 countries rose by 22.1% year-on-year (YoY) to $36.5 billion in 2025, compared to $29.9 billion in 2024, according to the Central Agency for Public Mobilization and Statistics (CAPMAS) data.

Updated 6/16/2026 9:42:00 AM
Egypt's auto sales leap 24.3% YoY in April 2026

Egypt’s auto sales grew by 24.3% year-on-year (YoY), registering 15,333 units in April 2026

Updated 6/15/2026 12:38:00 PM
Egypt settles EGP 196B financial liabilities owed to NIB

Prime Minister Mostafa Madbouly witnessed the signing of two framework agreements to settle historical financial liabilities worth EGP 196 billion.

Updated 6/15/2026 5:46:00 AM
Egypt, Uzbekistan explore boosting trade, investment cooperation

Minister of Investment and Foreign Trade Mohamed Farid met with Uzbekistan’s Minister of Foreign Affairs Bakhtiyor Saidov discussed ways to strengthen investment and trade cooperation between their countries.

Updated 6/14/2026 2:41:00 PM
VMS launches accelerator in Egypt to enable startup expansion into Saudi Arabia

Value Makers Studio (VMS), a venture studio focused on building and scaling startups across the MENA region, has launched a three-month accelerator in Egypt to back startups expanding into the Saudi market.

Updated 6/14/2026 1:26:00 PM
Bahrain’s Beban eyes Egypt’s entry via Foras AI’s additional investment

Bahrain-based equity crowdfunding platform Beban intends to launch operations in Egypt, supported by an increased investment from Foras AI.

Updated 6/14/2026 1:01:00 PM
Egypt, DP World mull expanding logistics centers to foster trade in Africa

Minister of Investment and Foreign Trade Mohamed Farid welcomed a delegation from DP World and discussed plans to expand distribution and logistics centers and boost trade with African markets.

Updated 6/14/2026 12:00:00 PM
FRA, Russia's central bank discuss insurance sector cooperation

Islam Azzam, Chairman of the Financial Regulatory Authority (FRA), and Alexey Guznov, Deputy Governor of the Bank of Russia, discussed boosting cooperation in the insurance sector.

Updated 6/14/2026 11:06:00 AM
Egypt, UNDP explore sustainable finance tools to support green investments

The Ministry of Investment and Foreign Trade and the United Nations Development Programme (UNDP) discussed expanding cooperation on sustainable finance, investment attraction, and green economy initiatives during a meeting held in Cairo.

Updated 6/11/2026 2:07:00 PM
Standard Chartered forecasts Egypt’s GDP growth at 4.7% in 2027

Standard Chartered expects Egypt's gross domestic product (GDP) growth to reach 4.7% in 2027, supported by the gradually improving macroeconomic conditions and the continuation of economic reform efforts.

Updated 6/11/2026 1:08:00 PM
SCZONE Signs $27M deal with Canada's Avelon for technical textiles plant

The General Authority for the Suez Canal Economic Zone (SCZONE) has signed an agreement with Canadian company Avelon to establish a technical textiles manufacturing facility in the East Port Said Industrial Zone, with first-phase investments valued at $27 million.

Updated 6/11/2026 12:52:00 PM
EBRD targets €7.5B in Egypt financing over next 5 years

The European Bank for Reconstruction and Development (EBRD) aims to provide €7.5 billion in financing to the Egyptian market over the next five years, Mai Ismail, Associate Director at EBRD, told Asharq Business.

Updated 6/11/2026 8:19:00 AM
Egypt’s annual core inflation holds steady at 13.8% in May: CBE

Egypt’s annual core consumer price index (CPI) inflation remained unchanged at 13.8% in May 2026, compared to last April, according to data released by the Central Bank of Egypt (CBE).

Updated 6/11/2026 8:06:00 AM
Silver prices collectively drop on June 10th

Silver prices witnessed a collective fall on Wednesday, June 10th

Updated 6/10/2026 4:06:00 PM
Egypt, Tanzania probe expanding trade, logistics cooperation

Egypt and Tanzania are seeking to deepen economic, trade, and investment ties following discussions between Egypt’s Minister of Investment and Foreign Trade, Mohamed Farid, and Tanzania’s Deputy Minister of Industry and Trade, Dennis Londo.

Updated 6/10/2026 2:10:00 PM
Egypt eyes earlier grid connection for ACWA Power wind energy projects

Mahmoud Esmat, Minister of Electricity and Renewable Energy, met with a delegation from Saudi Arabia's ACWA Power, headed by Chairman Mohammad Abdullah Abunayyan, to review progress on the company's renewable energy projects in Egypt and discuss ways to accelerate their implementation and grid connection timelines.

Updated 6/10/2026 10:46:00 AM
Egypt, US review energy investments, explore mining cooperation

Egypt's Minister of Petroleum and Mineral Resources Karim Badawi met with Chris Wright, US Secretary of Energy, to discuss opportunities for investment, technology transfer, and expanded cooperation in the energy and mining sectors.

Updated 6/10/2026 10:41:00 AM