}

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Misr Italia aims to open 21 hotels in Egypt by 2032

Minister of Tourism and Antiquities Sherif Fathy has mulled over expansion opportunities in hotel investment across Egypt's tourist destinations with Misr Italia Properties.

Updated 6/16/2026 8:41:00 AM
Egypt’s NowPay taps Tas’heel for Saudi expansion in $20M joint venture

Egypt-based fintech NowPay is expanding into Saudi Arabia through NowAccess, a new joint venture established in partnership with Tas’heel, the consumer finance arm of United International Holding Company.

Updated 6/13/2026 7:55:00 AM
Gourmet Egypt targets EGP 9B annual sales by 2030

Gourmet Egypt aims to grow its business and reach annual sales of nearly EGP 9 billion by 2030

Updated 6/11/2026 11:23:00 AM
China National Tire and Rubber plans $550M expansion in Egypt

Minister of Industry Khaled Hashem discussed China National Tire and Rubber Co's expansion plans in the Egyptian market with the company's representatives, led by Chairman Wang Jianjun, including a $550 million investment to establish a new tire manufacturing plant in Alexandria.

Updated 6/9/2026 12:45:00 PM
Nestle inaugurates new production line in Egypt

Nestle Egypt inaugurated a new production line for its "Maggi Double Chopped" products during a visit by Prime Minister Mostafa Madbouly to the company's facilities in 6th of October City, as part of a tour of several industrial projects.

Updated 6/8/2026 1:28:00 PM
Nissan rolls out 1st Africa-made Magnite in Egypt

Nissan Motor Company celebrated the production of the first Nissan Magnite in Africa at its manufacturing facility in 6th of October City.

Updated 6/8/2026 12:15:00 PM
Coca-Cola Hellenic Egypt opens $35M production line in Alexandria

Prime Minister Mostafa Madbouly inaugurated a new production line at Coca-Cola Hellenic Egypt’s factory in Alexandria, marking a $35 million investment aimed at expanding manufacturing capacity and supporting the Egyptian economy.

Updated 6/7/2026 2:34:00 PM
Madbouly inaugurates Jade Textile factory as Egypt seeks to boost garment exports

Prime Minister Mostafa Madbouly inaugurated the Jade Textile ready-made garment factory in New Borg El Arab City during a visit to Alexandria Governorate, with the facility expected to generate annual exports ranging between $250 million and $500 million.

Updated 6/7/2026 2:27:00 PM
Sahinler Egypt expands garment factory, eyes $55M exports by 2026

Prime Minister Mostafa Madbouly inaugurated new expansions at the ?ahinler Egypt 2 ready-made garment factory in New Borg El Arab City during a visit to Alexandria Governorate, as the company targets exports of approximately $55 million by 2026.

Updated 6/7/2026 2:21:00 PM
Lipton Teas & Infusions opens new production line in Alexandria

Prime Minister Mostafa Madbouly inaugurated a new production line at the Lipton Teas & Infusions factory in New Borg El Arab City during a visit to Alexandria Governorate, marking a new phase of the company’s expansion in Egypt.

Updated 6/7/2026 2:16:00 PM
TSFE plans 1st overseas fund focused on Africa

The Sovereign Fund of Egypt (TSFE) is preparing to expand internationally for the first time through the launch of a sub-fund dedicated to investment across Africa.

Updated 6/7/2026 8:32:00 AM
Crédit Agricole Egypt partners with Ahl Masr Foundation to support burn hospital expansion

Crédit Agricole Egypt Foundation has signed a cooperation protocol with nonprofit Ahl Masr Foundation and Burn Hospital to support the second phase of the hospital’s expansion as part of its efforts to support Egypt’s healthcare sector

Updated 5/21/2026 2:27:00 PM
Edita inks EGP 600M medium-term facility deal to fuel expansion

Edita Food Industries has signed a medium-term loan agreement at a value of EGP 600 million, with a maturity of seven years

Updated 4/19/2026 9:19:00 AM
Industry Minister reviews GB Auto expansion plans, ongoing investments

Minister of Industry Khaled Hashem met with the CEO of GB Auto Karim Gaddas to review the company’s current projects, future expansion plans, and strategy to enhance local manufacturing in the automotive sector.

Updated 4/19/2026 4:01:00 AM
Gourmet opens new branch at G17 project in 6th of October City

Gourmet Egypt.com Food opened a new branch within the G17 project in the 6th of October City.

Updated 2/23/2026 9:54:00 AM
Al Khair River’s unit exports $1.25M products to Arab country

Al Ahly Group for Modern Agriculture, a subsidiary of Al Khair River for Development Agricultural Investment and Environmental Services, exported products valued at $1.25 million to an Arab country,

Updated 2/18/2026 11:49:00 AM
Valu denies plans to enter 2 new markets, confirms Jordan market entry

U Consumer Finance (valU) is constantly studying new markets and exploring various opportunities for expansion and growth.

Updated 2/18/2026 9:57:00 AM
Madinet Masr details portfolio expansion, launch of new subsidiaries

Real estate developer Madinet Masr has outlined its portfolio of residential, commercial, and mixed-use developments across Egypt, including Taj City and Sarai, as well as Butterfly in Mostakbal City, Talala in New Heliopolis, and Zahw in Assiut.

Updated 1/26/2026 9:25:00 AM
Egypt’s edtech eYouth taps into Iraqi market

Edtech company eYouth has expanded into Iraq through the launch of eYouth Iraq and an Arabic-language digital learning platform focused on workforce skills development, in partnership with Al-Majal Group.

Updated 1/20/2026 9:13:00 AM
Madbouly inspects $17.5M aluminum wire line at Egyptalum

Prime Minister Mostafa Madbouly inspected the new high-quality aluminum wire production line at Egypt Aluminum Company (Egyptalum), with a capacity of 60,000 tons annually.

Updated 1/13/2026 8:47:00 AM