Minister of Petroleum and Mineral Resources Karim Badawi held an extended meeting with the heads and representatives of several international oil companies operating in Egypt to discuss a new five-year plan for oil and natural gas exploration and production.

Egyptian exports grow during the first 11 months of 2025 by 18% to approximately $44.392 billion, from about $37.544 billion during the same period in 2024, as per a statement by the Egyptian Ministry of Investment and Foreign Trade.

The Suez Canal has long stood as one of the world’s most vital maritime arteries. For decades, its economic model has relied primarily on transit fees collected from vessels passing through its waters—a revenue stream that, while substantial, is inherently limited due to fluctuations in global shipping demand and competition from alternative routes.

Egypt and Canada have signed three new development projects worth approximately EGP 552 million to empower women and girls and enhance food security.

The Egyptian cabinet has approved granting the golden license to MAC for Mobility Manufacturing for a project to establish and operate an integrated factory for the production and assembly of cars, passenger vehicles, buses, and transport vehicles.

The prices of meat, poultry, and fish in Egypt saw limited fluctuations on Wednesday, December 17th, according to data released by the Information and Decision Support Center (IDSC).

Ernst & Young expects Egypt’s inflation rate to record its largest slowdown in nearly three years in the coming period, supported primarily by continued stability in exchange rates.

Reducing public and external debt, along with easing the burden of debt servicing, remains a primary objective for the Egyptian government during the current phase, Prime Minister Mostafa Madbouly said during the meeting of the External Debt Management and Borrowing Regulation Committee on December 16th.

Waleid Gamal El-Dien, Chairman of the General Authority for the Suez Canal Economic Zone (SCZONE), laid the foundation stone for GENNVAX factory, set to be Egypt’s biggest integrated vaccine manufacturing hub.

iVoiceUp, the region’s first and fastest-growing AI-powered whistleblowing and ethics case management platform, has closed an investment round.

Egypt has laid the foundation stone for the Atum Solar complex, a solar cells and module manufacturing hub in the Suez Canal Economic Zone (SCZONE)

The European Bank for Reconstruction and Development (EBRD) announced a €200 million financing for the Egyptian Electricity Transmission Company (EETC) to accelerate Egypt’s transition to a green economy.

HSBC hosted its Economic Roadshow in Egypt last November, gathering 300 clients, business leaders, and industry experts to discuss key developments shaping global markets and Egypt’s recovery journey.

Elsewedy Industrial Development Company has signed a land sale agreement with the Polish company Fruitful, which is the first of its kind in the frozen food industry sector.

Egypt signed a contract with the Qatari group Al Mana Holding to produce sustainable aviation fuel (SAF) in the integrated Ain Sokhna area, part of the General Authority for the Suez Canal Economic Zone (SCZONE),

TBK International, Tabarak Holding’s development arm in the Gulf, and Minor Hotels, a global leader in the hospitality industry, signed a strategic cooperation agreement to launch the Oaks Riyadh project in Saudi Arabia.

Abu Dhabi-based Black Caspian Logistics Holding LTD presented a non-binding mandatory tender offer to acquire 90% of Alexandria Container and Cargo Handling Company’s share capital

Minister of Petroleum and Mineral Resources Karim Badawi presented five Egyptian initiatives to enhance Arab energy security.

Minister of Investment and Foreign Trade Hassan El-Khatib has opened the Egypt-Qatar Investment Forum, on December 14th, amid strengthened economic and investment relations.

The General Authority for Investment and Free Zones (GAFI) signed a memorandum of understanding (MoU) with Emirates NBD Bank to enhance cooperation in the investment sector.