DrasChem Specialty Chemicals is moving forward with plans to establish a sodium cyanide production plant at the Sidi Kerir Petrochemicals (SIDPEC) complex in Alexandria, following high-level discussions with the CEO of the General Authority for Investment and Free Zones (GAFI) Mohamed El-Gawsaky.

The House of Representatives has approved four grant agreements covering a range of development sectors, as part of Egypt’s partnerships with multilateral and bilateral development partners.

Real estate developer PRE Group has partnered with global real estate advisory firm Colliers to conduct hospitality studies for its hotel and resort portfolio across five destinations and 12 projects in Egypt, as per an emailed press release.

Misr El-Gedida for Housing and Development has reached a final settlement with the New Urban Communities Authority (NUCA), affiliated to the Ministry of Housing, Utilities, and Urban Communities, over an excess shared area of 710,000 square meters in New Heliopolis City, ending a dispute that dates back to 1995.

Prime Minister Mostafa Madbouly inaugurated the Camstone Advanced Industries Project in the integrated Sokhna Industrial Zone, marking the launch of Egypt’s first factory to produce high quality stone plastic composite flooring.

Prime Minister Mostafa Madbouly has inaugurated three new industrial projects in the Ain Sokhna Industrial Zone, part of the Suez Canal Economic Zone (SCZONE).

Sidi Kerir Petrochemicals Company (Sidpec) has approved its investment budget for 2026, which is estimated at approximately EGP 1.979 billion

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 Alamein Silicon Products Company a golden license to establish and operate a silicon manufacturing and purification facility on a 714,000-square-meter site in New Alamein City in Matrouh Governorate.

Prime Minister Mostafa Madbouly witnessed the signing of six agreements and memoranda of understanding (MoU) between several Egyptian government entities and the European Bank for Reconstruction and Development (EBRD).

The General Authority for Investment and Free Zones (GAFI) announced the launch of the Cash Investment Incentive Guide, supporting industrial projects in Egypt.

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.

Egypt is examining broader opportunities for its petroleum and engineering companies to participate in Saudi Arabia’s NEOM project, following an official visit by Minister of Petroleum and Mineral Resources Karim Badawi to the Kingdom.

Egypt and Bulgaria inked a protocol to strengthen cooperation in 19 economic, technical, and development sectors during the meetings of the Egyptian-Bulgarian Joint Committee for Economic, Scientific, and Technical Cooperation, held in the New Capital, as per a statement.

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

The Arab Organization for Industrialization (AOI) signed a memorandum of understanding (MoU) with UAE-Chinese company Al Qalaa Red Flag for cooperation in defence industries.

Egypt recorded EGP 278.7 billion in total implemented investments during the first quarter (Q1) of the current fiscal year (FY) 2025/2026, marking annual growth of 24.2%.

The Financial Regulatory Authority (FRA) has approved the establishment of two companies: one specializing in real estate funds and the other in the formation of firms issuing securities or increasing their capital.

Kemet Industries Group has signed a memorandum of understanding (MoU) with Emirati-Chinese firm Al Qalaa Red Flag to establish three mega industrial projects in the Sokhna Industrial Zone.

The General Authority for the Suez Canal Economic Zone (SCZONE) has signed a contract with Al Ahram Chemicals to establish an industrial complex for the production of formaldehyde and related derivatives in the Sokhna Industrial Zone, with total investments of $10 million.