Egypt and the Saudi-based Kennan Holding are mulling over plans to establish an industrial complex with investments totaling EGP 2 billion in Egypt.

Badr Abdelatty and Hassan El-Khatib discussed coordination between the two ministries to attract investments and support the national economy

Hassan El-Khatib and India-based Tata Chemicals Ltd explored opportunities to expand investments in Egypt

Minister of Investment and Foreign Trade Hassan El-Khatib reviewed ways to enhance investment and trade cooperation between Egypt and India

Minister of Investment and Foreign Trade Hassan El-Khatib has gathered with a number of investors in the green energy sector

Minister of Investment and Foreign Trade Hassan El-Khatib has reviewed Egypt’s plans to improve the business environment, reinforce trade, and attract more foreign direct investments (FDI).

The United Nations Industrial Development Organization (UNIDO) and Egypt’s Ministry of Industry are hosting the final event of the Global Eco-Industrial Parks Programme in Egypt (GEIPP-Egypt).

Minister of Transport and Industry Kamel El-Wazir has inaugurated Heidelberg Materials Egypt’s waste heat recovery system at its Helwan Cement plant, which is worth $30 million in investments.

Minister of Transport and Industry Kamel El-Wazir has mandated an increase in the working days of the Industrial Development Authority (IDA) to run from Saturday to Thursday, instead of five days from Sunday to Thursday.

Egypt's merchandize exports were valued at $16.551 billion in the first five months of 2024, up by 9.8% from $15.074 billion during the same period last year, Minister of Trade and Industry Ahmed Samir announced, citing a recent report from the General Organization for Export and Import Control (GOEIC).

The Ministry of Trade and Industry, represented by the Export Development Fund, has issued the first tranche of certificates under the seventh phase of the immediate cash payment initiative to 478 companies at a gross of EGP 7 billion and a net of EGP 6.3 billion.

Egypt and Saudi Arabia have reached the final stage concerning the signed agreement to safeguard mutual investments between the two countries, Egyptian Minister of Trade and Industry Ahmed Samir said.

The Egyptian Ministry of Trade and Industry will launch a new strategy for the industrial sector by the end of this February.

The value of industrial production in Egypt totaled EGP 1.2 trillion in fiscal year (FY) 2022/2023, Minister of Trade and Industry Ahmed Samir announced.

Egypt’s trade balance deficit declined by $11.158 billion in 2023 to $36.908 billion, versus $48.66 billion in 2022, Minister of Trade and Industry Ahmed Samir announced.

Egypt witnessed an 11.30% year-on-year (YoY) growth the total number of newly established firms during the first nine months of 2023.

Trade exchange between Egypt and Türkiye stood at around $7.1 billion in 2022, Minister of Trade and Industry Ahmed Samir announced on the sidelines of the 4th edition of the Türkiye-Africa Business and Economic Forum.

Egypt will launch the national industrial strategy in cooperation with an international partner on October 25th, Minister of Trade and Industry Ahmed Samir said.

Egyptian exports of food industries rose by 10.5% year-on-year (YoY) during the first seven months of 2023.