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
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
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
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 grew by 24.3% year-on-year (YoY), registering 15,333 units in April 2026
Updated 6/15/2026 12:38:00 PM
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
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
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 PMBahrain-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
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
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
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 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
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
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 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 witnessed a collective fall on Wednesday, June 10th
Updated 6/10/2026 4:06:00 PM
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
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'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