Egypt has made significant progress in its economic reform and stability program despite a challenging external environment, said Taline Koranchelian, the International Monetary Fund (IMF) Deputy Director at the Middle East and Central Asia Department.

Automotive sales in Egypt increased by 25.76% to 135,445 vehicles during the first eight months of 2026, compared to 107,710 units in January-August 2025, according to the latest report from the Automotive Market Information Council (AMIC).

The World Bank Group has mobilized nearly $6.7 billion in private capital for Egypt since fiscal year (FY) 2021/2022.

Egypt and Indonesia have agreed to increase bilateral trade to $5 billion by 2030, President Abdel Fattah El-Sisi announced during talks with Indonesian President Prabowo Subianto.

S&P Global Ratings has affirmed Egypt’s sovereign credit ratings at ‘B/B’ for both foreign- and local-currency obligations, with a stable outlook, according to its latest report.

Egypt’s industrial policy, logistics development, and strategic location are expected to support steady growth in trade volumes and strengthen its role as a regional hub for trade, manufacturing, and logistics, according to a Fitch assessment summarized by the Cabinet Media Center.

Ocean Network Express (ONE) has launched the Poland-Egypt Express (PEX), a new weekly shipping service aimed at strengthening trade connectivity between the Baltic, Northern Europe, and Egypt

Investment and Foreign Trade Minister Mohamed Farid attended the inauguration of a new Sunsilk production line at the Mashreq Personal Care (MPC) factory in 6th of October City

Minister of Investment and Foreign Trade Mohamed Farid Saleh met with French Ambassador to Egypt Eric Chevallier to explore opportunities for expanding French investment in Egypt and advance preparations for an upcoming Egyptian investment forum in France, as per a statement.

Beltone Asset Management has been named Egypt’s Best Islamic Fund Manager at the Euromoney Islamic Finance Awards 2026, according to an emailed press release.

A total of 5,022 foreign companies were established in Egypt during the first half (H1) of 2026, up 33.7% from 3,757 companies in the same period in 2025.

The General Authority for Investment and Free Zones (GAFI) and UAE-based conglomerate Al Habtoor Group explored potential investments and expansion opportunities in Egypt across several sectors.

Egypt is expected to add around 2 gigawatts (GW) of solar capacity in 2026, making it Africa’s second-largest market for new installations after South Africa.

Egypt’s trade deficit rose 58.5% year on year (YoY) to $7.5 billion in June 2026, up from $4.7 billion in the same month of 2025.

Egyptian Prime Minister Mostafa Madbouly inaugurated White Stone Egypt Mining’s $5 million calcium carbonate plant in the Sokhna Integrated Industrial Zone, part of the Suez Canal Economic Zone (SCZONE).

Egypt has implemented key reforms to improve its mining investment environment and attract more foreign investment, Petroleum Minister Karim Badawi said at the Africa Down Under (ADU) conference in Australia.

Egypt’s Accountability State Authority (ASA) and Qatar’s State Audit Bureau have signed a memorandum of understanding (MoU) to expand cooperation in public-sector auditing, exchange expertise, and develop oversight methodologies and tools.

Egypt accounted for 48% of Africa’s outstanding sukuk as of August 2026, leading a continental market valued at more than $7 billion, according to a report by Fitch Ratings.

Norway-based energy company Scatec has reached Commercial Operations Date (COD) for the second phase of its 1.1 gigawatt (GW) Obelisk solar and 100 megawatt (MW)/200 megawatt-hour (MWh) battery storage project in Egypt

President Abdel Fattah El-Sisi has reviewed the latest developments in implementing the government’s strategy to expand renewable and new energy projects