}

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EBRD forecasts Egypt’s economic growth at 4.6% in 2026

The European Bank for Reconstruction and Development (EBRD) expects Egypt’s economy to grow by 4.6% in 2026 and 5% in 2027, according to its latest Regional Economic Prospects report.

Updated 57m21h
Egypt’s government debt rises to 79.7% of GDP in Q2 2026: IIF

Egypt’s government debt rose to 79.7% of gross domestic product (GDP) in the second quarter (Q2) of 2026, from 78.3% in the same period a year earlier, according to the Institute of International Finance’s (IIF) latest Global Debt Monitor.

Updated 9/23/2026 9:17:00 PM
Egypt, Eni discuss accelerating Denise gas field development

Egypt’s Minister of Petroleum and Mineral Resources Karim Badawi met with a delegation from Italian energy company Eni to discuss accelerating development of the Denise gas field in the Mediterranean, increasing production, and expanding exploration in Egypt, according to a ministry statement.

Updated 9/23/2026 8:59:00 PM
Egypt leads Africa’s hotel development pipeline for 9th straight year

Egypt has led Africa’s hotel development pipeline for a ninth consecutive year, with 185 hotels and resorts comprising about 46,000 rooms in 2026, according to figures from W Hospitality Group highlighted by the Egyptian Cabinet Media Center.

Updated 9/23/2026 9:57:00 AM
Egypt, Chevron seek to expedite agreements linking Cyprus’ Aphrodite gas field

Egyptian Minister of Petroleum and Mineral Resources Karim Badawi and Chevron’s President of Base Assets and Emerging Countries Javier La Rosa discussed accelerating the agreements needed to connect Cyprus’s Aphrodite gas field to Egyptian infrastructure.

Updated 9/23/2026 8:14:00 AM
Egypt proposes Austrian logistics zone in SCZONE

Egyptian Prime Minister Mostafa Madbouly proposed exploring an Austrian logistics zone within the Suez Canal Economic Zone (SCZONE) to serve as a gateway for Austrian exports to Arab and African markets.

Updated 9/23/2026 8:14:00 AM
US LNG exports to Egypt surge 236% YoY in June

US liquefied natural gas (LNG) exports to Egypt rose by 236% year on year (YoY) to 86.047 billion cubic feet in June 2026, making the country the largest destination for US LNG during the month, according to data issued by the US Department of Energy (DOE).

Updated 9/22/2026 1:45:00 PM
Egypt’s stronger buffers helped contain fallout from Middle East war: IMF

Egypt’s stronger macroeconomic buffers and swift policy response helped contain the economic fallout from the war in the Middle East, although significant vulnerabilities continue to weigh on the economy, according to an International Monetary Fund (IMF) assessment prepared by Amine Mati, the IMF’s mission chief for Egypt and an assistant director in its Middle East and Central Asia Department, and Yevgeniya Korniyenko, a senior economist in the same department.

Updated 9/22/2026 6:24:00 AM
Egypt, NVIDIA explore AI, computing, startup cooperation

Egypt’s Ministry of Communications and Information Technology (MCIT) and US-based technology giant NVIDIA have explored cooperation in artificial intelligence (AI), computing, skills development, research and development (R&D), and support for startups and entrepreneurs, as per a statement.

Updated 9/22/2026 6:12:00 AM
Egypt’s remittances climb 28.1% YoY in January-July 2026

Remittances from Egyptians working abroad reached approximately $29.7 billion in the first seven months of 2026, as per data issued by the Central Bank of Egypt (CBE).

Updated 9/21/2026 2:11:00 PM
GAFI approves 1st 4 projects in EGP 14B Abu Rawash investment zone

The board of Al Ahly Industrial Development’s investment zone in Abu Rawash has approved the establishment of its first four projects as development moves forward on the EGP 14 billion zone, as per a statement.

Updated 9/21/2026 12:59:00 PM
US imposes up to 52.73% antidumping duties on Egyptian rebar

The US Department of Commerce has imposed antidumping duties ranging from 34.20% to 52.73% on steel concrete reinforcing bar imported from Egypt, effective September 18, 2026.

Updated 9/20/2026 1:14:00 PM
Guardian Glass opens $25M high-performance glass production line in Egypt

US-based glass manufacturer Guardian Glass has opened a $25 million high-performance glass production line at its factory in 10th of Ramadan City, with 80% of its output designated for Gulf and other international markets.

Updated 9/20/2026 2:53:00 AM
Egypt orders social media platforms to restrict accounts for children under 13

Egypt’s Supreme Council for Media Regulation (SCMR) and National Telecommunications Regulatory Authority (NTRA) have ordered social media platforms to prohibit independent accounts for children under 13 and introduce mandatory safeguards for users aged 13 to under 15.

Updated 9/20/2026 2:40:00 AM
Egypt, India seek deeper cooperation in AI, digital skills, ICT

Egypt's Minister of Communications and Information Technology, Raafat Hindy, and India's Ambassador to Egypt, Suresh K. Reddy, discussed expanding bilateral cooperation in artificial intelligence (AI), cybersecurity, digital skills, innovation, and entrepreneurship, as well as attracting more Indian investment to Egypt’s information and communications technology sector, the Egyptian ministry said.

Updated 9/20/2026 2:37:00 AM
ِArab Otsuka selects Egypt as ORONAMIN C manufacturing hub for GCC

Arab Otsuka Nutraceuticals has launched a locally manufactured ORONAMIN C drink in Egypt, marking a new step in the brand’s regional global expansion strategy, according to a press release.

Updated 9/16/2026 2:30:00 PM
US-based InteLogix opens Egypt headquarters, targets 10-fold local workforce growth over 3 years

US-based InteLogix has officially inaugurated its Egyptian headquarters in New Cairo, marking a new phase of its operations focused on providing business process outsourcing (BPO) and customer experience services to international markets

Updated 9/16/2026 1:38:00 PM
Egypt, Saudi Arabia step up efforts to boost bilateral cooperation

President Abdel Fattah El-Sisi and Saudi Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud agreed to join forces and boost bilateral cooperation.

Updated 9/16/2026 12:31:00 AM
Egypt’s passenger traffic growth to exceed global average through 2050: IATA

Passenger traffic growth in Egypt is expected to exceed the global average, ranging between 3.4% and 3.8% over the 2024–2050 period, the Information and Decision Support Center (IDSC) said, citing the International Air Transport Association (IATA).

Updated 9/15/2026 2:57:00 PM
IWG signs 10 new center deals in Egypt during H1 2026

International Workplace Group (IWG) signed agreements to open 10 new centers in Egypt during the first half (H1) of 2026, according to an emailed press release.

Updated 9/15/2026 1:38:00 PM