}

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Cabinet grants Golden Licenses to $800M battery storage projects

Egypt's Cabinet approved granting Golden Licenses to Nefertiti for Battery Energy Storage SAE and Horus Energy Storage for two battery energy storage projects in Aswan and Suez governorates, with combined investments of $800 million.

Updated 7/1/2026 2:37:00 PM
Decision Makers Conference examines Egypt's investment outlook amid global economic shifts

The eighth edition of the Decision Makers conference, held at the Grand Egyptian Museum under the theme “Investment, Real Estate, and Tourism: Egypt’s Economic Growth Triangle 2026,” examined the impact of global economic and geopolitical developments on the investment landscape.

Updated 6/25/2026 10:55:00 AM
Egypt inks 8 cooperation deals with AFD, EU, French firms in health, education, green industry

Egyptian ministries and agencies have signed eight cooperation agreements and memoranda of understanding (MoUs) on June 24th with the French Development Agency (AFD), the European Union (EU), and several French companies, covering healthcare, education, technical training, green industry, and local development projects, the Egyptian Ministry of Foreign Affairs, International Cooperation.

Updated 6/24/2026 2:51:00 PM
Holding Company for Roads raises issued capital to EGP 1.5B

The extraordinary general assembly (EGM) of the Holding Company for Roads, Bridges, and Land Transportation Projects has approved increasing the company's issued capital to EGP 1.5 billion from EGP 1 billion.

Updated 6/24/2026 12:46:00 PM
Egypt forms joint committee to support financing and investment in energy projects

The Ministries of Petroleum and Mineral Resources and Investment and Foreign Trade agreed to establish a joint working committee to support financing and investment opportunities in petroleum sector projects and strengthen cooperation with international financing institutions and strategic partners.

Updated 6/21/2026 3:49:00 AM
Agriculture Minister, Beyti explore new investments, milk collection center development in Egypt

Minister of Agriculture and Land Reclamation Alaa Farouk met with representatives of dairy and juice manufacturer Beyti, a subsidiary of Almarai, to discuss the company's expansion plans in Egypt, new investment opportunities, and cooperation in developing milk collection centers.

Updated 6/21/2026 3:39:00 AM
Egypt pens 4 industrial cooperation protocols to support exports, digital transformation

The Ministry of Industry signed four cooperation protocols through the Industrial Modernization Center (IMC) with the Export Development Fund, Hassan Allam Group, ELSquare, and the National Egyptian Railway Industries Company (NERIC) to support exporters, develop local suppliers, accelerate digital transformation, and enhance the competitiveness of Egyptian industry.

Updated 6/21/2026 3:12:00 AM
Gulf Egypt unveils expansion strategy as it marks 50 years in Egypt

Gulf Egypt for Hotels and Tourism (Gulf Egypt), a subsidiary of United Real Estate Company (URC), has announced a new expansion strategy as it marks 50 years of operations in Egypt, outlining plans focused on the development of integrated tourism destinations and sustainable hospitality assets.

Updated 6/14/2026 1:36:00 PM
Cabinet approves amendments to land-use regulations for battery storage projects

Egypt's Cabinet has approved amendments to the regulatory rules governing the licensing of land-use licenses for renewable energy projects, expanding the framework to include battery energy storage projects needed to support the stability of the national electricity grid.

Updated 6/10/2026 3:29:00 PM
Sky Innovo begins work on Citystars Park St. development in New Cairo

Construction has officially begun on the first phase of Citystars Park St., a large-scale mixed-use development in New Cairo with planned investments exceeding EGP 100 billion.

Updated 6/10/2026 1:19:00 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
PRE Group completes delivery of EGP4 B Hadaba project, advances Ivoire West ahead of schedule

Real estate developer Pioneers Properties For Urban Development (PRE Group) announced the full delivery of all residential units at its Hadaba project in 6th of October City, while continuing construction progress at its Ivoire West development in Sheikh Zayed, as the company expands its footprint across West Cairo.

Updated 5/19/2026 8:23:00 AM
Egypt reviews $400M Ain Sokhna Port terminal proposal as Chinese firms explore new investments

Egypt’s Deputy Prime Minister for Economic Affairs Hussein Eissa met with representatives of several Chinese companies to discuss potential investments across maritime transport, logistics, and manufacturing, including a proposal to establish a container terminal at Ain Sokhna Port with initial investments estimated at $400 million.

Updated 4/28/2026 2:35:00 AM
AJE Group eyes $150M investment in Egypt by 2030

Egypt’s Minister of Investment and Foreign Trade Mohamed Farid Saleh mulled over expansion plans by AJE Group in the country during a meeting attended by Peru’s Ambassador to Egypt.

Updated 4/26/2026 5:54:00 AM
SCZONE, Sakr Electronics pen $18M industrial projects in Ain Sokhna

The General Authority for the Suez Canal Economic Zone (SCZONE) signed contracts worth $18 million (EGP 940 million) with Sakr Electronics to develop three industrial projects in the Ain Sokhna Integrated Industrial Zone.

Updated 4/15/2026 2:11:00 PM
Madbouly reviews $2B aluminum plant in East Port Said with Henan Zhengfu

Prime Minister Mostafa Madbouly met with Cui Hongsong, chairman of Henan Zhengfu, a subsidiary of Henan Aulian Energy Group, to review plans for a $2 billion aluminum manufacturing complex in East Port Said

Updated 4/13/2026 5:23:00 PM
Egypt mulls expansion plans with Samsung, LG to boost local manufacturing

Egypt’s Minister of Investment and Foreign Trade, Mohamed Farid, held talks with executives from Samsung and LG to discuss investment expansion plans and increasing the local component ratio in their products.

Updated 4/13/2026 5:02:00 PM
L’Oréal Egypt plans to expand local investment, boost exports

Egypt’s Minister of Industry Khaled Hashem held talks with L'Oréal Egypt on its plans to expand investments in the local market, increase the share of locally sourced components, and boost exports to regional and international markets.

Updated 4/9/2026 2:11:00 PM
Farid discusses Sinai hydrogen project, $1B hyperscale data center with Renergy alliance

Egypt’s Minister of Investment and Foreign Trade Mohamed Farid Saleh met with representatives of the Renergy Group alliance to discuss progress on a large-scale green energy project in Sinai and a proposed hyperscale data center backed by investments of around $1 billion.

Updated 3/18/2026 8:25:00 AM
Egypt boosts investment incentives for new industrial activities

Prime Minister Mostafa Madbouly issued Decree No. 503 of 2026, expanding the range of industrial activities eligible for investment incentives and linking them to the geographical areas classified under sectors A and B.

Updated 2/25/2026 12:55:00 PM