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Egypt’s petroleum sector wraps up 2025 with stabilized production, new discoveries,

The Ministry of Petroleum and Mineral Resources outlined what it described as its most significant achievements in the oil, gas, and mineral resources sector, as part of the implementation of its strategic work program, with a particular focus on boosting exploration and domestic production to meet local demand.

Updated 12/31/2025 8:18:00 AM
Egypt, Sudan agree on executive measures to boost bilateral trade

Egypt and Sudan agreed on a broad package of executive measures to deepen economic integration and increase bilateral trade.

Updated 12/29/2025 12:17:00 PM
Egypt, Japan pen EGP 1B grant to build 1st diving support vessel for SCA

Egypt and Japan have signed an executive agreement for a Japan International Cooperation Agency (JICA) grant worth $22 million to finance the construction and supply of the first diving support vessel for the Suez Canal Authority’s (SCA) fleet

Updated 12/28/2025 3:20:00 PM
IMF reaches staff-level agreement on Egypt’s 5th, 6th reviews under EFF

The International Monetary Fund (IMF) has reached a staff-level agreement with Egypt on the fifth and sixth reviews under the Extended Fund Facility (EEF) and the first review under the Resilience and Sustainability Facility (RSF).

Updated 12/23/2025 7:54:00 AM
Egypt, South Korea discuss economic partnership agreement, trade cooperation

Minister of Investment and Foreign Trade Hassan El-Khatib held a virtual meeting with Minister of Trade, Industry, and Energy of South Korea Yeo Han-koo to discuss trade and investment relations and ongoing economic cooperation between the two countries.

Updated 12/22/2025 2:30:00 PM
Madbouly witnesses signing of settlement agreement with South Valley Cement

Prime Minister Mostafa Madbouly today witnessed the signing of a settlement agreement between several government entities and South Valley Cement Company.

Updated 12/10/2025 1:08:00 PM
Egypt, China launch comprehensive strategic partnership forum in Cairo

Egypt and China opened the comprehensive strategic partnership forum in Cairo, bringing together senior officials, experts, thinkers, and business leaders from both countries.

Updated 12/8/2025 2:25:00 PM
Egypt moves to step up anti-rumor measures; Madbouly warns of rising false news

Egypt is taking new steps to activate mechanisms to combat rumors and address the spread of false news that harms society and undermines the national economy, Prime Minister Mostafa Madbouly said.

Updated 12/8/2025 2:07:00 AM
Egypt to roll out new incentive package as government targets priority sectors

Egypt is preparing to launch a new package of incentives and policies aimed at increasing investment in several targeted sectors.

Updated 12/8/2025 2:02:00 AM
Egypt’s external debt reaches $161.2B end-June: CBE

Egypt’s external debt increased to $161.2 billion at the end of the previous fiscal year (FY) 2024/2025, rising by about $8.3 billion, or 5.5%, compared with the end of FY 2023/2024, according to the Central Bank of Egypt’s (CBE) External Position of the Egyptian Economy 2024/2025 report.

Updated 12/7/2025 11:37:00 AM
SCZONE seeks US investments as Chairman wraps Washington roadshow

The Chairman of the General Authority for the Suez Canal Economic Zone (SCZONE) Waleid Gamal El-Dien concluded a roadshow in the US with a series of meetings to strengthen cooperation with American institutions and companies and encourage new investments in targeted sectors within the zone.

Updated 12/7/2025 3:56:00 AM
Egypt signs license agreement with Honeywell UOP for sustainable aviation fuel project

Egypt’s Ministry of Petroleum and Mineral Resources signed a production license agreement with Honeywell UOP for the country’s first sustainable aviation fuel (SAF) project, marking a new step in efforts to lower emissions and expand green energy initiatives, as per a statement.

Updated 12/4/2025 3:25:00 PM
AOI inks cooperation MoU with Pakistan’s GIDS

The Arab Organization for Industrialization (AOI) signed a memorandum of understanding (MoU) with the Pakistani company GIDS as part of ongoing efforts to expand cooperation in defense-industry technologies.

Updated 12/3/2025 7:34:00 AM
AOI signs MoU with Al Safy Group to boost defense-industry cooperation

The Arab Organization for Industrialization (AOI) signed a memorandum of understanding (MoU) with Al Safy Group.

Updated 12/3/2025 7:30:00 AM
Fitch Ratings sees Egypt’s tourism growth continuing into 2026 with 18.6M visitors: IDSC

The cabinet’s Information and Decision Support Center (IDSC) highlighted a new report from Fitch Ratings projecting continued growth in Egypt’s tourism sector through 2026, building on the strong rebound recorded in recent years and the momentum expected in 2025, as per a statement.

Updated 12/2/2025 2:34:00 PM
AOI signs contract with France’s Dassault to strengthen defense-industry partnership

The Arab Organization for Industrialization (AOI) signed a new contract with French manufacturer of aircraft and jets Dassault on the second day of the fourth edition of the Egypt Defence Expo (EDEX 2025).

Updated 12/2/2025 2:30:00 PM
Egypt’s foreign-currency deposits slip MoM to EGP 2.992T in October: CBE

Egypt's total deposits in foreign currencies declined to EGP 2.992 trillion at the end of October 2025, from EGP 3.047 trillion in September, according to data released by the Central Bank of Egypt (CBE).

Updated 12/2/2025 11:22:00 AM
NOSI raises insurable wage limits starting January 2026

National Organization for Social Insurance (NOSI) announced an increase in both the minimum and maximum insurable wage limits, effective January 1st, 2026, as per a statement.

Updated 12/1/2025 7:27:00 AM
Egypt’s 1st medical tourism investment zone to begin operation in May 2026

Egypt's first investment zone dedicated to medical tourism is set to start operation in May 2026, CEO of the General Authority for Investment and Free Zones (GAFI) Hossam Heiba announced.

Updated 11/16/2025 6:52:00 AM
Town Writers to invest EGP 5.1B under partnership with Attaby for Construction

Real estate developer Town Writers has signed a new strategic partnership agreement with Attaby for Construction and Industry, one of the subsidiaries of Attaby Holding

Updated 11/12/2025 8:41:00 AM