Egypt’s economic growth for fiscal year (FY) 2024/2025 surpassed expectations, recording 4.4%, driven by strong performance across manufacturing, tourism, communications, and information technology, Minister of Finance Ahmed Kouchouk revealed.

Thndr, an investment platform operating in the MENA region, has launched Thndr Alpha, a new product aimed at helping users take their first step into investing through a simplified, guided experience.

Egypt is seeking to become among the world’s top 20 gold exporters by 2025, Ehab Wasif, head of the gold and jewelry industry division at the Federation of Egyptian Industries (FEI) said.

The General Authority for Investment and Free Zones (GAFI) has so far granted 37 golden licenses to investors.

The Ministry of Planning, Economic Development, and International Cooperation has mulled with CI Capital Holding ways to foster cooperation and attract investors from across the region.

The Egyptian government is exploring the establishment of a dedicated free zone for African investors, as part of its broader strategy to boost trade relations with African markets, Al Borsa News reported, citing unnamed sources familiar with the matter.

Minister of Finance Mohamed Maait has issued a decision aimed at enhancing the system for investors in government debt instruments.

Egypt is set to offer stake in the 6th of October dry port to investors by next January, Director Finance Ministry’s PPP Central Unit Atter Hannoura said.

Heliopolis Housing is a leading Egypt-based real estate development company that operates in land reclamation and subdivision, residential real estate development and management, property purchase and sale, and project planning and supervising.

Qatar Investment Authority (QIA) is in talks with The Sovereign Fund of Egypt (TSFE) to acquire up to 30% stake in seven iconic hotels.

Minister of Trade and Industry Ahmed Samir has issued a resolution enabling investors in the industrial sector to pay for operation licenses every three or five years, instead of annual payment, according to a statement by the Industrial Development Authority (IDA).

The Egyptian cabinet has approved a proposal by Ministry of Housing regarding granting various facilities to investors and real estate development companies amid local and global challenges

The Egyptian Cabinet is looking forward to offering shares in up to 32 companies for sale on the Egyptian Exchange (EGX), to strategic investors, or a mix of both, according to a Cabinet statement on February 8th. The offerings are set to take place starting from the current quarter until the end of the first quarter (Q4) of 2024.