he General Authority for the Suez Canal Economic Zone (SCZONE) discussed ways of deepening cooperation in the industrial and logistics sectors with the US Department of Commerce, as well as probed potential opportunities for American companies within the economic zone.

Egypt remained Africa’s largest recipient of foreign direct investment (FDI) for the fourth consecutive year in 2025, attracting $15.5 billion in inflows, the Cabinet Media Center revealed, citing the United Nations Conference on Trade and Development's (UNCTAD) World Investment Report 2026.

Libya's Minister of Electricity and Renewable Energy, Awad Al-Badri, held talks with Egypt's First Undersecretary of the Ministry of Electricity and Energy, Ahmed Mahina, and Head of the Egyptian Control Center, Adel Al-Omari, resulting in an agreement to restore electricity supply through the Libyan-Egyptian interconnection lines.

Egyptian engineering and construction companies Petrojet and Enppi have secured a six-year engineering, procurement, and construction (EPC) framework agreement with Petroleum Development Oman (PDO), qualifying the consortium to compete for projects within a portfolio valued at more than $6 billion.

Seven Egyptian investors have signed memoranda of understanding (MoUs) to allocate industrial land for building factories producing strategic products at Elsewedy Industrial City in Tanzania.

Egypt and Tanzania signed two memoranda of understanding (MoUs) covering transport, electricity, and renewable energy, as the two countries moved to expand bilateral cooperation across several sectors.

Minister of Investment and Foreign Trade Mohamed Farid met with Bank of New York (BNY) executives to explore expanding cooperation on international financing tools and enhancing Egyptian companies’ access to global capital markets.

Egypt’s Minister of Investment and Foreign Trade Mohamed Farid convened a high-level meeting with executives from 22 major French companies operating in Egypt to review their expansion plans, address operational challenges, and discuss proposed investments.

Hussein Eissa, Egypt's Deputy Prime Minister for Economic Affairs, discussed the expansion plans of Chinese technology company Huawei in the Egyptian market and opportunities to strengthen cooperation in digital transformation, technology localization, and digital skills development.

Minister of Investment and Foreign Trade Mohamed Farid Saleh discussed with China-based intelligent manufacturing company Jiangsu Changhong the establishment of a factory in Egypt to manufacture automotive equipment and production lines, with an initial investment of around $20 million.

Chinese investments in Egypt during the first half (H1) of 2026 are estimated at between $1.5 billion and $2 billion, with most of the inflows coming from expansions of existing projects rather than entirely new investments, Mostafa Ibrahim, Vice Chairman of the China Committee at the Egyptian Businessmen's Association (EBA), told Al Arabiya Business.

Silver prices declined on Tuesday, July 7th, according to Dahab Masr’s data at 3:29 PM.

Egypt's non-oil private sector witnessed its sharpest decline in nearly three-and-a-half years during June, with the S&P Global Egypt Purchasing Managers' Index (PMI) recording 46.0 from 47.1 in May.

Intesa Sanpaolo has launched a distinctive advisory model within its international banks, inspired by the best practices of Fideuram

Minister of Investment and Foreign Trade Mohamed Farid met with executives of local startup EVRAID to discuss plans to localize electric vehicle (EV) technology.

Minister of Industry Khaled Hashem discussed expanding cooperation with the United Nations Development Program (UNDP) to accelerate the adoption of solar energy in Egypt's industrial sector

Minister of Investment and Foreign Trade Mohamed Farid has participated in the 18th Ministerial Meeting of the African Continental Free Trade Area (AfCFTA) in Abuja, Nigeria.

Egypt has successfully issued JPY 80 billion ($500 million) in sustainability samurai bonds, backed by a partial credit guarantee (PCG) from the African Development Bank (AfDB) Group.

The International Monetary Fund (IMF) and Egypt reached a staff-level agreement on the seventh review of the Extended Fund Facility (EFF) and the second review under the Resilience and Sustainability Facility (RSF).

Egypt is expected to receive $1.6 billion from the International Monetary Fund (IMF) following its board meetings this summer, IMF Communications Director Julie Kozack said.