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Egypt attracts about $400M in annual entrepreneurship investments

Egypt attracts annual investments estimated at around $400 million in the entrepreneurship sector, announced Amr El Abd‏, Entrepreneurship Advisor to the Prime Minister of Egypt.

Updated 41m2h
Egypt's cabinet approves aerial survey deal with X-Calibur to explore mineral-rich areas

The Cabinet greenlighted the Ministry of Petroleum and Mineral Resources' contract with X-Calibur to apply a comprehensive aerial geophysical survey of promising mineral-rich areas in Egypt.

Updated 3/5/2026 10:01:00 AM
Elaraby Group plans $480M home appliance investments over 5 years

Minister of Industry Khaled Hashem discussed Elaraby Group's future projects in New Quweisna City, with investments totaling approximately $480 million over the next five years, according to a statement.

Updated 3/4/2026 11:32:00 AM
Silver prices skyrocket on rising geopolitical tension

Silver prices jumped following joint strikes from the US and Israel on Iran, according to Dahab Masr’s data by 1:13 pm.

Updated 3/1/2026 1:27:00 PM
Silver prices maintain growth on Wednesday; international ounce hits $90.5

Silver prices hit a new record on Wednesday, with the international ounce price recording $90.53 for purchasing and $89.45 for selling.

Updated 2/25/2026 1:15:00 PM
Egypt boosts investment incentives for new industrial activities

Prime Minister Mostafa Madbouly issued Decree No. 503 of 2026, expanding the range of industrial activities eligible for investment incentives and linking them to the geographical areas classified under sectors A and B.

Updated 2/25/2026 12:55:00 PM
Silver prices in Egypt jump on Sunday; international ounce registers $84.84

Silver prices witnessed a significant increase on Sunday, according to Dahab Masr’s data by 1:16 pm.

Updated 2/22/2026 1:22:00 PM
Global silver prices rise; Egypt local rates steady

Silver prices varied on Wednesday, as the international ounce price increased to $76.99 for purchasing and $75.6 for selling, as Dahab Masr’s data showed by 3:34 pm.

Updated 2/18/2026 3:37:00 PM
Silver prices maintain stability on Monday

Silver prices declined on Monday, with the international ounce price at $77.19 for buying and $76.76 for selling, Dahab Masr’s data showed by 3:31 pm.

Updated 2/16/2026 3:40:00 PM
IFC unveils 5 projects to support MSMEs, climate finance in Egypt, Africa

The International Finance Corporation (IFC) has announced five new projects to support small- and medium-sized business development and job creation in Egypt and other parts of Africa, focusing on climate finance, healthcare, and food security.

Updated 2/16/2026 10:42:00 AM
Egypt rolls out EGP 40.3B social protection package ahead of Ramadan

Egypt’s Minister of Finance Ahmed Kouchouk announced the implementation of a new social protection package worth EGP 40.3 billion, to be rolled out ahead of Ramadan in line with directives from President Abdel Fattah El-Sisi.

Updated 2/15/2026 2:28:00 PM
Bosta, Mastercard collaborate to support SMEs, boost e-commerce

Logistics technology company Bosta has signed a strategic collaboration with global payments technology company Mastercard to support small and medium-sized enterprises (SMEs) and drive e-commerce growth in Egypt.

Updated 2/10/2026 12:04:00 PM
Haya Karima wins Dubai International Award for Sustainable Development at World Government Summit

Egypt’s national rural development initiative Haya Kaima, also known as Decent Life, won the Dubai International Award for Best Practices in Sustainable Development in Urban Infrastructure Planning and Management on the sidelines of the World Government Summit 2026, held in Dubai from February 3rd to 5th.

Updated 2/5/2026 1:12:00 PM
Parliament approves 4 development grants with EU, AfDB, South Korea, Japan

The House of Representatives has approved four grant agreements covering a range of development sectors, as part of Egypt’s partnerships with multilateral and bilateral development partners.

Updated 2/5/2026 5:09:00 AM
El-Khatib outlines reform agenda to Moody’s as Egypt eyes 6-7% economic growth

Egypt is targeting sustainable annual economic growth of between 6% and 7%, driven primarily by increased investment and foreign direct investment, Minister of Investment and Foreign Trade Hassan El-Khatib said during a meeting with a delegation from Moody’s Investors Service to review the country’s economic and institutional reform agenda.

Updated 2/3/2026 3:12:00 PM
Egypt non-oil private sector eases in January as PMI edges below 50

Business activity across Egypt’s non-oil private sector continued to expand at the start of the year, extending the current growth sequence seen since late 2020, although overall operating conditions weakened slightly as demand slowed.

Updated 2/3/2026 8:22:00 AM
Egypt eyes Turkish textile investments at denim exhibition

Minister of Investment and Foreign Trade Hassan El-Khatib participated in a roundtable meeting with representatives of Turkish denim and textile companies to reinforce investment opportunities in Egypt.

Updated 1/20/2026 8:09:00 AM
Arab API lays foundation stone for $165M pharmaceutical project in SCZONE

Arab API has officially laid the foundation stone for its flagship pharmaceutical raw materials plant in the Sokhna Industrial Zone, with an investment totaling $165 million (EGP 7.7 billion).

Updated 1/18/2026 6:53:00 AM
Badawi explores cooperation with global mining companies

Minister of Petroleum and Mineral Resources Karim Badawi held a series of meetings with global mining companies in Canada, Australia, Poland, and the US.

Updated 1/15/2026 9:30:00 AM
Egypt, World Bank discuss strengthening cooperation in mining sector

Minister of Petroleum and Mineral Resources Karim Badawi discussed ways to enhance cooperation with the World Bank in the mining sector, according to a statement.

Updated 1/15/2026 8:21:00 AM