}

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Egypt, UNDP explore sustainable finance tools to support green investments

The Ministry of Investment and Foreign Trade and the United Nations Development Programme (UNDP) discussed expanding cooperation on sustainable finance, investment attraction, and green economy initiatives during a meeting held in Cairo.

Updated 6/11/2026 2:07:00 PM
Standard Chartered forecasts Egypt’s GDP growth at 4.7% in 2027

Standard Chartered expects Egypt's gross domestic product (GDP) growth to reach 4.7% in 2027, supported by the gradually improving macroeconomic conditions and the continuation of economic reform efforts.

Updated 6/11/2026 1:08:00 PM
SCZONE Signs $27M deal with Canada's Avelon for technical textiles plant

The General Authority for the Suez Canal Economic Zone (SCZONE) has signed an agreement with Canadian company Avelon to establish a technical textiles manufacturing facility in the East Port Said Industrial Zone, with first-phase investments valued at $27 million.

Updated 6/11/2026 12:52:00 PM
EBRD targets €7.5B in Egypt financing over next 5 years

The European Bank for Reconstruction and Development (EBRD) aims to provide €7.5 billion in financing to the Egyptian market over the next five years, Mai Ismail, Associate Director at EBRD, told Asharq Business.

Updated 6/11/2026 8:19:00 AM
Egypt’s annual core inflation holds steady at 13.8% in May: CBE

Egypt’s annual core consumer price index (CPI) inflation remained unchanged at 13.8% in May 2026, compared to last April, according to data released by the Central Bank of Egypt (CBE).

Updated 6/11/2026 8:06:00 AM
Silver prices collectively drop on June 10th

Silver prices witnessed a collective fall on Wednesday, June 10th

Updated 6/10/2026 4:06:00 PM
Egypt, Tanzania probe expanding trade, logistics cooperation

Egypt and Tanzania are seeking to deepen economic, trade, and investment ties following discussions between Egypt’s Minister of Investment and Foreign Trade, Mohamed Farid, and Tanzania’s Deputy Minister of Industry and Trade, Dennis Londo.

Updated 6/10/2026 2:10:00 PM
Egypt eyes earlier grid connection for ACWA Power wind energy projects

Mahmoud Esmat, Minister of Electricity and Renewable Energy, met with a delegation from Saudi Arabia's ACWA Power, headed by Chairman Mohammad Abdullah Abunayyan, to review progress on the company's renewable energy projects in Egypt and discuss ways to accelerate their implementation and grid connection timelines.

Updated 6/10/2026 10:46:00 AM
Egypt, US review energy investments, explore mining cooperation

Egypt's Minister of Petroleum and Mineral Resources Karim Badawi met with Chris Wright, US Secretary of Energy, to discuss opportunities for investment, technology transfer, and expanded cooperation in the energy and mining sectors.

Updated 6/10/2026 10:41:00 AM
IWG unveils strong financial performance in Q1 2026, plans 150 centers in Egypt by 2030

International Workplace Group (IWG), the world's largest provider of hybrid work solutions with brands like Regus and Spaces, delivered strong financial performance for the first quarter (Q1) of 2026, supported by robust growth in Egypt.

Updated 6/9/2026 9:12:00 AM
Egypt in talks with ACWA Power over seawater desalination projects

Prime Minister Mostafa Madbouly and officials from Saudi Arabia-based ACWA Power discussed frameworks for cooperation on seawater desalination projects as Egypt moves forward with plans to expand desalination capacity and increase production to 10 million cubic meters per day.

Updated 6/9/2026 7:18:00 AM
Egypt, Cyprus discuss accelerating Aphrodite, Cronos gas projects

Egyptian Minister of Petroleum and Mineral Resources Karim Badawi and Cypriot Minister of Energy, Commerce and Industry Michalis Damianos held talks in Washington, D.C., on advancing joint natural gas projects and accelerating investment decisions to support regional energy integration and maximize the utilization of both countries' resources.

Updated 6/9/2026 7:07:00 AM
Egypt economy stable as investment appeal grows: Kouchouk says at Citibank meeting

Minister of Finance Ahmed Kouchouk said Egypt's economy is stable and becoming increasingly attractive to investment, manufacturing, and exports.

Updated 6/7/2026 10:36:00 AM
Egypt plans new EGX listings, tax and customs incentives as asset reforms advance

Egypt plans to offer between four and five state-owned companies on the Egyptian Exchange (EGX) before the end of 2026.

Updated 6/7/2026 4:52:00 AM
UK's Pladis targets wider African reach from Egypt amid planned 2027 expansion

Egypt’s Minister of Investment and Foreign Trade, Mohamed Farid Saleh, met with executives from UK-based food company Pladis in London to discuss the company’s expansion plans in Egypt and opportunities to increase exports to regional and African markets.

Updated 6/7/2026 4:48:00 AM
Egypt, HSBC explore deeper investment partnerships as reforms bolster investor confidence

Minister of Investment and Foreign Trade Mohamed Farid Saleh, Minister of Finance Ahmed Kouchouk, and Deputy Governor of the Central Bank of Egypt (CBE) Rami Aboulnaga met with senior executives from HSBC in London to discuss strengthening investment partnerships and supporting the expansion of global companies in Egypt

Updated 6/7/2026 4:38:00 AM
UK's Park Signalling eyes Egypt manufacturing hub for railway technology

Minister of Investment and Foreign Trade Mohamed Farid Saleh met with officials from UK-based railway technology company Park Signalling during his official visit to London to discuss opportunities for localizing railway signaling technology and establishing manufacturing operations in Egypt.

Updated 6/7/2026 4:35:00 AM
Egypt, UK's ASC Water and Energy mull energy, water investment opportunities

Egypt’s Minister of Investment and Foreign Trade, Mohamed Farid Saleh, met with David Reavley, CEO of ASC Water and Energy, during his official visit to London to discuss opportunities for cooperation in localizing energy and water solutions in Egypt and attracting the company’s investments to the country.

Updated 6/7/2026 4:22:00 AM
Egypt taps TheCityUK expertise to boost financial services sector

Minister of Investment and Foreign Trade, Mohamed Farid Saleh, met with officials from TheCityUK during his official visit to London to discuss opportunities for cooperation in developing Egypt’s financial and professional services sector and attracting international investment.

Updated 6/7/2026 4:18:00 AM
Egypt, UK discuss boosting investment ties ahead of British Prime Minister's visit

Egypt’s Minister of Investment and Foreign Trade Mohamed Farid Saleh discussed ways to strengthen economic and investment cooperation with the UK and preparations for the upcoming visit of the British Prime Minister to Egypt during a meeting in London with Blair McDougall, the UK Under-Secretary of State for Small Business and Economic Transformation.

Updated 6/4/2026 12:22:00 PM