The European Commission has disbursed €1.5 billion to Egypt under its Macro-Financial Assistance (MFA) initiative, reaffirming the EU's commitment to supporting the country’s economic reform and long-term macroeconomic stability
Updated 7/30/2026 1:09:00 AMSiemens has inaugurated a new factory in Egypt dedicated to the production of critical electrical components, protection panels, and automation solutions for industrial and infrastructure applications
Updated 7/28/2026 3:05:00 PM
Egypt's food industry exports hit $3.77 billion during the first half (H1) of 2026, marking the highest semi-annual export value in the sector's history
Updated 7/27/2026 2:25:00 PM
Isramco and UAE-based Mubadala Energy are planning a new long-term natural gas export agreement with an Egyptian counterpart for a potential $20 billion.
Updated 7/27/2026 8:08:00 AM
Minister of Investment and Foreign Trade Mohamed Farid has inaugurated Egypt and the Arab world’s first factory for the production of rapid diagnostic tests
Updated 7/26/2026 3:14:00 PM
Minister of Investment and Foreign Trade Mohamed Farid held talks with representatives of 30 Indian companies operating in Egypt to discuss their expansion plans
Updated 7/26/2026 12:34:00 AM
he General Authority for the Suez Canal Economic Zone (SCZONE) discussed ways of deepening cooperation in the industrial and logistics sectors with the US Department of Commerce, as well as probed potential opportunities for American companies within the economic zone.
Updated 7/22/2026 7:55:00 AM
Egypt remained Africa’s largest recipient of foreign direct investment (FDI) for the fourth consecutive year in 2025, attracting $15.5 billion in inflows, the Cabinet Media Center revealed, citing the United Nations Conference on Trade and Development's (UNCTAD) World Investment Report 2026.
Updated 7/22/2026 7:51:00 AM
Libya's Minister of Electricity and Renewable Energy, Awad Al-Badri, held talks with Egypt's First Undersecretary of the Ministry of Electricity and Energy, Ahmed Mahina, and Head of the Egyptian Control Center, Adel Al-Omari, resulting in an agreement to restore electricity supply through the Libyan-Egyptian interconnection lines.
Updated 7/20/2026 8:35:00 AM
Egyptian engineering and construction companies Petrojet and Enppi have secured a six-year engineering, procurement, and construction (EPC) framework agreement with Petroleum Development Oman (PDO), qualifying the consortium to compete for projects within a portfolio valued at more than $6 billion.
Updated 7/20/2026 7:11:00 AM
Seven Egyptian investors have signed memoranda of understanding (MoUs) to allocate industrial land for building factories producing strategic products at Elsewedy Industrial City in Tanzania.
Updated 7/19/2026 1:26:00 PM
Egypt and Tanzania signed two memoranda of understanding (MoUs) covering transport, electricity, and renewable energy, as the two countries moved to expand bilateral cooperation across several sectors.
Updated 7/19/2026 12:28:00 AM
Minister of Investment and Foreign Trade Mohamed Farid met with Bank of New York (BNY) executives to explore expanding cooperation on international financing tools and enhancing Egyptian companies’ access to global capital markets.
Updated 7/19/2026 12:13:00 AM
Egypt’s Minister of Investment and Foreign Trade Mohamed Farid convened a high-level meeting with executives from 22 major French companies operating in Egypt to review their expansion plans, address operational challenges, and discuss proposed investments.
Updated 7/16/2026 3:58:00 AM
Hussein Eissa, Egypt's Deputy Prime Minister for Economic Affairs, discussed the expansion plans of Chinese technology company Huawei in the Egyptian market and opportunities to strengthen cooperation in digital transformation, technology localization, and digital skills development.
Updated 7/9/2026 12:54:00 PM
Minister of Investment and Foreign Trade Mohamed Farid Saleh discussed with China-based intelligent manufacturing company Jiangsu Changhong the establishment of a factory in Egypt to manufacture automotive equipment and production lines, with an initial investment of around $20 million.
Updated 7/9/2026 9:51:00 AM
Chinese investments in Egypt during the first half (H1) of 2026 are estimated at between $1.5 billion and $2 billion, with most of the inflows coming from expansions of existing projects rather than entirely new investments, Mostafa Ibrahim, Vice Chairman of the China Committee at the Egyptian Businessmen's Association (EBA), told Al Arabiya Business.
Updated 7/8/2026 9:57:00 AM
Silver prices declined on Tuesday, July 7th, according to Dahab Masr’s data at 3:29 PM.
Updated 7/7/2026 3:32:00 PM
Egypt's non-oil private sector witnessed its sharpest decline in nearly three-and-a-half years during June, with the S&P Global Egypt Purchasing Managers' Index (PMI) recording 46.0 from 47.1 in May.
Updated 7/7/2026 7:26:00 AM
Intesa Sanpaolo has launched a distinctive advisory model within its international banks, inspired by the best practices of Fideuram
Updated 7/6/2026 11:16:00 AM