President Abdel Fattah El-Sisi met with Claudio Descalzi, CEO of Italian Eni, in New Alamein to discuss the company’s $8.5 billion investments in Egypt and plans to expand exploration and production…
Mohamed Farid, Minister of Investment and Foreign Trade, met with representatives of Italian companies Proger and Drexel to review a planned $278 million project to produce second-generation bioethanol from…
Alabama’s attorney general on Monday subpoenaed OpenAI for more information related to its AI agents autonomously hacking into another company’s servers in July. The subpoena is part of an investigation…
BG Delta Limited, a subsidiary of Shell plc, and its partners have taken a Final Investment Decision (FID) on the Phase 12a development project in Egypt’s West Delta Deep Marine (WDDM) concession offshore…
Saudi Aramco, Saudi Arabia’s state-owned energy giant, has signed agreements and a memorandum of understanding (MoU) with French companies with a potential combined value exceeding $3.7 billion, as part of…
The Financial Regulatory Authority (FRA) has initiated criminal proceedings, revoked a chief executive’s licence, and imposed a one-month ban on new contracts for a consumer finance company found to have…
The Ministry of Supply and Internal Trade and the World Food Programme (WFP) have agreed to a joint action plan running until July 2027 to develop a comprehensive market efficiency index and shift state…
The private sector currently accounts for nearly 60% of total investments in Egypt as improving economic indicators drive international risk assessments to their lowest levels since 2014, Finance Minister…
Transport Minister Kamel El-Wazir has pitched opportunities for US companies to manage and operate key port terminals and establish joint industrial zones in a bid to position Egypt as a regional…
The Suez Canal Economic Zone (SCZone) attracted 117 new projects in its industrial areas with investments totalling approximately $7.3bn during the concluded fiscal year (FY) 2025/26, its chairperson…
International investors have lowered their assessment of investment risk in Egypt to its lowest level since 2014 in response to recent economic reforms, Finance Minister Ahmed Kouchouk said. Speaking at an…
Egypt is strengthening its position as a regional investment and business hub as Gulf companies and international investors increasingly look to the country as a long-term base for expansion, according to…
Aqar Exit has launched operations in Egypt’s real estate market, aiming to help customers facing difficulties meeting property-related financial obligations exit their units and recover amounts already…
Egypt has approved the establishment of a special free zone for the newly established Fujairah Alamein Oil and Gas Company in New Alamein on Friday, 21 August, as part of a project focused on the storage…
An international study led by The American University in Cairo (AUC) has found that electronic, industrial and plastic waste could serve as a valuable source of high-performance materials for…
Egyptian exporters signed 17 contracts worth an estimated $168m with Chinese importers during the “Export to China” event, as the government seeks to expand and diversify Egyptian exports to the Chinese…
Egyptian officials laid the foundation stone on Wednesday for a $658m industrial complex to produce phosphoric acid from phosphate ore at the Abu Tartour plateau in the New Valley Governorate. The facility…
Parkin Company PJSC, Dubai’s provider of paid public parking facilities and services, has signed a Memorandum of Understanding (MoU) with Modon Misr for Asset & Facility Management, Mwasalat Misr, and…
Parkin signs MoU with Modon Misr, Mwasalat Misr and Redcon to explore expansion into Egypt The market entry may create demand for parking technology, payment systems, transport integration, data services, and operating support across Technology, Transportation, Infrastructure. This is an analytical inference from the reported development, not an opportunity explicitly offered by the source. Foreign participation requirements are not yet clear.
Egyptian exporters signed 17 contracts worth an estimated $168m with Chinese importers during the “Export to China” event, as the government seeks to expand and diversify Egyptian exports to the Chinese market. This may create supply-chain, market-entry, distribution, and logistics questions for Exporters, Importers, Businesses working across Import/Export, Logistics, Agriculture. The opportunity follows closely from confirmed project or market activity, but access details are not yet complete. Foreign participation requirements are not yet clear.
Egyptian officials laid the foundation stone on Wednesday for a $658m industrial complex to produce phosphoric acid from phosphate ore at the Abu Tartour plateau in the New Valley Governorate. The project may create future demand for equipment, construction support, logistics, industrial services, and export infrastructure across Manufacturing, Construction, Logistics. The opportunity follows closely from confirmed project or market activity, but access details are not yet complete. Foreign participation requirements are not yet clear.