General Motors Egypt welcomed the Egyptian government’s announcement that the country will accept U.S. Federal Motor Vehicle Standards (FMVSS)
Updated 7/28/2026 12:45:00 PM
The European Commission has approved the disbursement of €1.5 billion, the second payment of the second tranche of its Macro-Financial Assistance (MFA) package to Egypt.
Updated 7/26/2026 12:26:00 AM
The Arab Organization for Industrialization (AOI) has signed a contract with China Electronics Technology Group Corporation (CETC) to manufacture telecommunications equipment in Egypt, to transfer technology and expand local production in the electronics sector.
Updated 7/19/2026 11:33:00 AM
Minister of Investment and Foreign Trade Mohamed Farid met with Procter & Gamble (P&G) officials to review the company’s investments in Egypt as well as its plans to expand local manufacturing and increase exports to Gulf and African markets.
Updated 7/19/2026 8:44:00 AM
Egypt’s agricultural exports have surpassed 5.8 million tons so far this year amid rising global demand, Minister of Agriculture and Land Reclamation Alaa Farouk announced.
Updated 7/12/2026 12:19:00 AMMinister of Investment and Foreign Trade Mohamed Farid met with UK Ambassador to Egypt Mark Bryson-Richardson to discuss expanding bilateral trade, supporting British investment, and strengthening economic cooperation between the two countries
Updated 7/6/2026 1:59:00 PM
The General Authority for the Suez Canal Economic Zone (SCZONE) received a high-level delegation from Nanjing, Jiangsu Province, China, to discuss opportunities to expand investment cooperation across several industrial sectors.
Updated 6/25/2026 6:11:00 AMDana Gas has received additional payments of AED 79 million ($21.5 million) from the Egyptian government, as all the company's overdue receivables in Egypt have been fully settled.
Updated 6/23/2026 12:11:00 PM
President Abdel Fattah El-Sisi approved a memorandum of understanding (MoU) for a grant worth 300,000 Kuwaiti dinars from the Arab Fund for Economic and Social Development to help finance a comprehensive feasibility study on increasing the capacity of the electricity interconnection line between Egypt and Jordan.
Updated 6/21/2026 2:20:00 PM
CEO of the General Authority for Investment and Free Zones (GAFI) Mohamed Awad met with Singapore's Ambassador to Cairo Dominic Goh to discuss ways to strengthen investment cooperation between the two countries and attract additional Singaporean investment into the Egyptian market.
Updated 6/16/2026 8:54:00 AM
The World Bank has upgraded its forecast for Egypt’s real gross domestic product (GDP) growth in the current fiscal year (FY) 2025/2026 to 4.6% from 4.3% projected in April, according to the June 2026 Global Economic Prospects report.
Updated 6/14/2026 7:02:00 AM
Egypt is looking to deepen its strategic partnership with British International Investment (BII) and attract additional development financing to support green infrastructure, technology localization, and private sector-led growth.
Updated 6/10/2026 10:37:00 AM
Minister of Petroleum and Mineral Resources, Karim Badawi, and Shaikh Nawaf Saud Al-Sabah, Vice Chairman and CEO of Kuwait Petroleum Corporation (KPC), discussed opportunities to expand cooperation and increase Kuwaiti investments in Egypt's petroleum and natural gas sector during a meeting held on the sidelines of the minister's visit to the US.
Updated 6/10/2026 8:55:00 AM
Chairman of the Suez Canal Economic Zone (SCZONE) Waleid Gamal El-Dien met with Eritrean President Isaias Afwerki and his accompanying delegation to discuss investment opportunities, areas of mutual interest, and prospects for economic cooperation between Egypt and Eritrea.
Updated 6/10/2026 8:12:00 AM
Prime Minister Mostafa Madbouly reviewed progress on the government's restructuring and governance plan of state-owned enterprises (SOEs).
Updated 6/9/2026 3:00:00 PM
Egypt was the largest natural gas consumer in Africa in 2024, accounting for 33.6% of the continent's total natural gas consumption, followed by Algeria, South Africa, and Morocco, according to a new study released by the Information and Decision Support Center (IDSC).
Updated 6/9/2026 2:57:00 PM
Minister of Industry Khaled Hashem discussed China National Tire and Rubber Co's expansion plans in the Egyptian market with the company's representatives, led by Chairman Wang Jianjun, including a $550 million investment to establish a new tire manufacturing plant in Alexandria.
Updated 6/9/2026 12:45:00 PM
Egyptian Minister of Petroleum and Mineral Resources Karim Badawi met with Syrian Minister of Energy Mohammed Al-Bashir during his visit to the US to discuss opportunities for cooperation to support the recovery of Syria's energy sector.
Updated 6/9/2026 10:47:00 AM
Otrovato is currently exploring the market and studying potential partnerships with business partners to expand in Kenya
Updated 6/8/2026 12:45:00 PM
Minister of Investment and Foreign Trade Mohamed Farid Saleh and Minister of Finance Ahmed Kouchouk met with Tim Reid, CEO of UK Export Finance (UKEF), in London to discuss strengthening cooperation to support Egyptian exports and investments, particularly across African markets.
Updated 6/7/2026 4:44:00 AM