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Madbouly oversees signing of executive protocols for national innovation alliances

Prime Minister Mostafa Madbouly attended the signing ceremony of the executive protocols for the nine alliances that qualified for the final stage of the presidential initiative “Alliance and Development.”

Updated 12/11/2025 11:57:00 AM
Egypt-Morocco trade hits $1.1B in 2024

Bilateral trade between Egypt and Morocco has grown in recent years, reaching about $1.1 billion in 2024 and $897 million between January and October 2025, Minister of Investment and Foreign Trade Hassan El-Khatib announced.

Updated 12/11/2025 11:56:00 AM
Cabinet grants golden license for New Alamein silicon project

The Egyptian cabinet has approved granting Alamein Silicon Products Company a golden license to establish and operate a silicon manufacturing and purification facility on a 714,000-square-meter site in New Alamein City in Matrouh Governorate.

Updated 12/11/2025 5:11:00 AM
Cabinet approves procedures to offer Gabal El-Zeit wind plants under IPO plan

The Egyptian cabinet has approved moving forward with the procedures to offer the wind power plants in the Gabal El-Zeit area, with a capacity of 580 megawatts, as part of the government’s initial public offering (IPO) program.

Updated 12/11/2025 5:00:00 AM
Egypt, EBRD sign 6 agreements on investment, energy

Prime Minister Mostafa Madbouly witnessed the signing of six agreements and memoranda of understanding (MoU) between several Egyptian government entities and the European Bank for Reconstruction and Development (EBRD).

Updated 12/10/2025 10:17:00 AM
US’s Blumberg Grain in talks to set up regional center in Egypt

Minister of Investment and Foreign Trade Hassan El-Khatib met with a delegation from US-based grain storage and transportation services provider Blumberg Grain to discuss the company’s plan to establish a regional center in Egypt for its Middle East and East Africa operations.

Updated 12/7/2025 2:17:00 PM
GAFI launches cash investment incentive guide to support industrial projects in Egypt

The General Authority for Investment and Free Zones (GAFI) announced the launch of the Cash Investment Incentive Guide, supporting industrial projects in Egypt.

Updated 12/7/2025 10:44:00 AM
Badawi explores broader participation of Egyptian petroleum firms in Saudi Arabia’s NEOM project

Egypt is examining broader opportunities for its petroleum and engineering companies to participate in Saudi Arabia’s NEOM project, following an official visit by Minister of Petroleum and Mineral Resources Karim Badawi to the Kingdom.

Updated 12/7/2025 3:52:00 AM
Egypt, Armenia sign MoU to deepen cooperation on competition law enforcement

The Egyptian Competition Authority (ECA) signed a memorandum of understanding (MoU) with the Competition Protection Commission of the Republic of Armenia (CPC Armenia) to expand cooperation in competition law enforcement and policy.

Updated 12/7/2025 3:47:00 AM
Egypt presents reform progress to IMF as GDP hits 5.3% in Q1 FY2025/26

Egypt outlined the latest progress of its economic reform agenda during a meeting between Minister of Planning and Economic Development and International Cooperation Rania Al-Mashat and an International Monetary Fund (IMF) mission visiting Cairo as part of the fifth and sixth reviews of the economic reform program.

Updated 12/7/2025 3:43:00 AM
Tetra Pak names Stelios Mourouglakis as Managing Director for Egypt Area

Tetra Pak has appointed Stelios Mourouglakis as Managing Director for the Egypt Area, effective November 1st, 2025.

Updated 12/4/2025 1:06:00 PM
Egypt, Bulgaria sign joint committee protocol to expand cooperation across 19 sectors

Egypt and Bulgaria inked a protocol to strengthen cooperation in 19 economic, technical, and development sectors during the meetings of the Egyptian-Bulgarian Joint Committee for Economic, Scientific, and Technical Cooperation, held in the New Capital, as per a statement.

Updated 12/4/2025 9:40:00 AM
IMF talks expected to move smoothly amid positive economic indicators: Madbouly

Prime Minister Mostafa Madbouly said he expects discussions with the International Monetary Fund (IMF) mission to move forward smoothly, pointing to recent improvements in Egypt’s economic indicators, as per a statement.

Updated 12/4/2025 3:15:00 AM
Cabinet approves incentive plan for new, converted hotel projects

The Egyptian cabinet approved a draft resolution establishing a new incentive aimed at encouraging the construction, development, and operation of hotel establishments within the jurisdiction of local administrative units, in an effort to expand hotel capacity and support activity in the sector, as per a statement issued on December 3rd.

Updated 12/3/2025 2:52:00 PM
Egypt, Tunisia hold 4th meeting to advance investment cooperation

The General Authority for Investment and Free Zones (GAFI) hosted the fourth meeting of the Egyptian-Tunisian Technical Committee for Investment Cooperation over three days, continuing efforts to activate the memorandum of understanding (MoU) signed between the two countries in May 2022, as per a statement.

Updated 12/3/2025 2:28:00 PM
AOI signs MoU with UAE’s ONIP Trading to expand defense-industry cooperation

The Arab Organization for Industrialization (AOI) signed a memorandum of understanding (MoU) with the Emirati company ONIP Trading, reinforcing Egyptian-Emirati cooperation in defense manufacturing, as per a statement.

Updated 12/3/2025 1:10:00 PM
Egypt, China ink MoU to boost agricultural research cooperation

Minister of Agriculture and Land Reclamation Alaa Farouk witnessed the signing of a memorandum of understanding (MoU) on scientific and research cooperation between the Agricultural Research Center and the Regional Academy of Natural Resources Sciences of Sichuan Province.

Updated 12/3/2025 1:06:00 PM
Egypt, Greece launch 1st joint business forum in bid to deepen investment ties

Egypt and Greece opened a new phase of economic engagement as the General Authority for Investment and Free Zones (GAFI) witnessed the launch of the first Egyptian-Greek Business and Investment Forum.

Updated 12/3/2025 1:00:00 PM
Egypt, AngloGold Ashanti discuss new investments in Eastern Desert gold exploration

Egypt’s Minister of Petroleum and Mineral Resources Karim Badawi met in London with Managing Director and Vice Chair of the Sukari Gold Mines Hoda Mansour, to discuss further investment by AngloGold Ashanti in the country’s gold mining sector.

Updated 12/3/2025 9:19:00 AM
Digital Egypt platform expands services, user base in 2025

The Digital Egypt platform recorded notable growth in 2025, with the number of digital government services rising to more than 200 as adoption continued to increase across the country, the Egyptian cabinet stated.

Updated 12/3/2025 7:40:00 AM