}

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General Motors Egypt welcomes adoption of US auto safety standards

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
EU approves €1.5B payment under MFA package for Egypt

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
AOI, China's CETC sign contract to manufacture telecommunications equipment in Egypt

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
Egypt, P&G explore local manufacturing expansion, higher Gulf and African exports

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 exceed 5.8M tons so far in 2026

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 AM
Egypt, UK discuss deepening trade ties, expanding British investments

Minister 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
SCZONE hosts Nanjing delegation to discuss new Chinese industrial investments

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 AM
Dana Gas receives $21.5M from Egypt as outstanding dues are settled

Dana 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
Egypt approves Kuwaiti grant for Egypt-Jordan electricity interconnection study

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
Egypt's GAFI, Singapore explore enhancing investment cooperation

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
World Bank upgrades Egypt’s FY2025/26 GDP growth forecast to 4.6%

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 seeks expanded BII financing for green infrastructure, technology localization

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
Egypt pursues stronger KPC cooperation, regional energy partnerships

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
SCZONE, Eritrea discuss investment opportunities, economic ties

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
Madbouly reviews restructuring plan for state-owned enterprises

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 accounts for 33.6% of Africa's natural gas consumption in 2024: IDSC

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
China National Tire and Rubber plans $550M expansion in Egypt

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
Egypt, Syria probe oil, gas cooperation to support Syrian energy sector recovery

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 begins partial Kenya-Egypt operations, plans platform launch in Q1 2027

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
UKEF backs deeper cooperation with Egypt on African trade, infrastructure projects

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