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.

Emaar Properties founder Mohamed Alabbar announced that the company is preparing to sign an agreement with a Saudi partner to develop a new project in Egypt within the coming weeks.

Egypt’s cabinet has approved two draft presidential decrees allocating state-owned land in Alexandria and North Sinai for key infrastructure projects aligned with the country’s long-term development plans, as per a statement.

Karm, also known as KarmSolar, has expanded into the Cypriot energy market with the launch of KarmCyprus, its first international expansion.

Prime Minister Mostafa Madbouly inaugurated the Punalu for Plastic and Wood Industries Factory in the Sokhna Integrated Industrial Zone, under the General Authority for the Suez Canal Economic Zone (SCZONE).

The SCZONE has signed contracts for three new industrial projects in the Qantara West Industrial Zone, with total investments exceeding $75 million and expected exports surpassing $100 million annually.

Prime Minister Mostafa Madbouly inaugurated OPPO’s new mobile phone factory in 10th of Ramadan City, marking a major step in the company’s $50 million investment plan to expand manufacturing operations in Egypt.

Elsewedy Industrial Development has signed four contracts with major Chinese textile companies to establish new factories in Sokhna 360, with $65 million in investment.