}

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Huawei to expand Egypt operations as government pushes digital economy

Hussein Eissa, Egypt's Deputy Prime Minister for Economic Affairs, discussed the expansion plans of Chinese technology company Huawei in the Egyptian market and opportunities to strengthen cooperation in digital transformation, technology localization, and digital skills development.

Updated 11m3h
China's Jiangsu Changhong plans $20M automotive equipment factory in Egypt

Minister of Investment and Foreign Trade Mohamed Farid Saleh discussed with China-based intelligent manufacturing company Jiangsu Changhong the establishment of a factory in Egypt to manufacture automotive equipment and production lines, with an initial investment of around $20 million.

Updated 54m5h
Egypt secures up to $2B in new Chinese investments in H1 2026

Chinese investments in Egypt during the first half (H1) of 2026 are estimated at between $1.5 billion and $2 billion, with most of the inflows coming from expansions of existing projects rather than entirely new investments, Mostafa Ibrahim, Vice Chairman of the China Committee at the Egyptian Businessmen's Association (EBA), told Al Arabiya Business.

Updated 7/8/2026 9:57:00 AM
Silver prices down on July 7th

Silver prices declined on Tuesday, July 7th, according to Dahab Masr’s data at 3:29 PM.

Updated 7/7/2026 3:32:00 PM
Egypt's June PMI falls to lowest in nearly 3.5 years

Egypt's non-oil private sector witnessed its sharpest decline in nearly three-and-a-half years during June, with the S&P Global Egypt Purchasing Managers' Index (PMI) recording 46.0 from 47.1 in May.

Updated 7/7/2026 7:26:00 AM
Intesa Sanpaolo launches new wealth management advisory model in Egypt

Intesa Sanpaolo has launched a distinctive advisory model within its international banks, inspired by the best practices of Fideuram

Updated 7/6/2026 11:16:00 AM
Investment Minister backs startup EVRAID to advance local EV technology in Egypt

Minister of Investment and Foreign Trade Mohamed Farid met with executives of local startup EVRAID to discuss plans to localize electric vehicle (EV) technology.

Updated 7/6/2026 10:11:00 AM
Egypt reviews UNDP-backed $150M solar initiative for state-owned industrial facilities

Minister of Industry Khaled Hashem discussed expanding cooperation with the United Nations Development Program (UNDP) to accelerate the adoption of solar energy in Egypt's industrial sector

Updated 7/5/2026 1:09:00 AM
Egypt hands over presidency of AfCFTA to Nigeria

Minister of Investment and Foreign Trade Mohamed Farid has participated in the 18th Ministerial Meeting of the African Continental Free Trade Area (AfCFTA) in Abuja, Nigeria.

Updated 7/1/2026 10:47:00 AM
Egypt issues $500M sustainability samurai bonds backed by AfDB

Egypt has successfully issued JPY 80 billion ($500 million) in sustainability samurai bonds, backed by a partial credit guarantee (PCG) from the African Development Bank (AfDB) Group.

Updated 7/1/2026 7:28:00 AM
IMF reaches staff-level agreement with Egypt on 7th EFF review

The International Monetary Fund (IMF) and Egypt reached a staff-level agreement on the seventh review of the Extended Fund Facility (EFF) and the second review under the Resilience and Sustainability Facility (RSF).

Updated 6/30/2026 7:05:00 AM
Egypt awaits $1.6B IMF funding as program reviews progress

Egypt is expected to receive $1.6 billion from the International Monetary Fund (IMF) following its board meetings this summer, IMF Communications Director Julie Kozack said.

Updated 6/28/2026 8:32:00 AM
Egypt, France sign agreements to establish 2 applied technology schools

Egypt and France signed two letters of intent (LoI) to establish applied technology schools in Wardan and Badr City.

Updated 6/25/2026 6:18:00 AM
Egypt inks 8 cooperation deals with AFD, EU, French firms in health, education, green industry

Egyptian ministries and agencies have signed eight cooperation agreements and memoranda of understanding (MoUs) on June 24th with the French Development Agency (AFD), the European Union (EU), and several French companies, covering healthcare, education, technical training, green industry, and local development projects, the Egyptian Ministry of Foreign Affairs, International Cooperation.

Updated 6/24/2026 2:51:00 PM
Egypt’s economy grows 5% in Q3 FY2025/26: Rostom

Egypt's economy recorded a growth rate of 5% during the third quarter (Q3) of fiscal year (FY) 2025/2026, up from 4.8% in the corresponding quarter of the previous FY.

Updated 6/24/2026 2:43:00 PM
EETC, NREA, China's Sany pen MoU for Egypt's 1st wind turbine factory

The Egyptian Electricity Transmission Company (EETC), the New and Renewable Energy Authority (NREA), and China's Sany Renewable Energy Co., Ltd signed a memorandum of understanding (MoU) to establish Egypt's first wind turbine manufacturing plant.

Updated 6/24/2026 12:08:00 PM
Egypt, Ireland discuss industrial cooperation in renewable energy, pharmaceuticals, technology

Egypt’s Minister of Industry, Khaled Hashem, met with Irish Ambassador to Egypt Aidan O’Hara and a delegation from Enterprise Ireland to discuss opportunities for expanding industrial cooperation between the two countries across a range of sectors, including pharmaceuticals, renewable energy, technology, and vocational training.

Updated 6/24/2026 10:46:00 AM
Infinity Power advances renewable energy pipeline with 3 project agreements in South Africa, Egypt

Infinity Power signed three agreements related to renewable energy projects in South Africa and Egypt during the Africa Energy Forum (AEF) 2026 in Cape Town, as the company progresses projects within its development pipeline.

Updated 6/22/2026 5:45:00 AM
Egypt, South Africa discuss expanding trade, industrial cooperation and automotive partnership

Egypt's Minister of Investment and Foreign Trade, Mohamed Farid Saleh, and South Africa's Minister of Trade, Industry, and Competition, Mpho Parks Tau, held talks aimed at strengthening bilateral trade and investment relations, with discussions covering industrial cooperation, automotive manufacturing, pharmaceuticals, logistics, and supply chain integration.

Updated 6/22/2026 4:37:00 AM
BII commits $1.3B investments in Egypt since 2012

British International Investment (BII) has launched its 2026–2030 strategy in Egypt, with total commitments hitting nearly $1.3 billion since 2012

Updated 6/17/2026 10:42:00 AM