Qatari Diar has launched construction of the first phase of its Alam Al-Roum project on the North Coast in Matrouh governorate.
Updated 8/9/2026 2:39:00 PMIndia-based TCI Sanmar plans to expand in Egypt by establishing a marine terminal for ethylene import with an estimated investment of around $150 million.
Updated 8/9/2026 10:30:00 AM
Egypt’s unemployment rate stood at 5.8% in the second quarter (Q2) of 2026, down 0.2 percentage points from the previous quarter, according to data from the Central Agency for Public Mobilization and Statistics (CAPMAS).
Updated 8/9/2026 12:25:00 AM
Egypt’s General Authority for Investment and Free Zones (GAFI) held talks with Sri Lanka-based apparel manufacturer Hirdaramani Group over the company’s plans to expand its manufacturing operations in Egypt and use the country as a regional export hub.
Updated 8/6/2026 1:39:00 PM
Egypt’s freight and logistics market is projected to grow from $10.93 billion in 2025 to $14.66 billion by 2031, recording a compound annual growth rate (CAGR) of 5.04% between 2026 and 2031.
Updated 8/4/2026 1:24:00 PM
Egypt’s non-oil private sector contracted for the seventh consecutive month in July 2026, although the headline Purchasing Managers’ Index (PMI) rose to 46.8 from a 41-month low of 46.0 in June.
Updated 8/4/2026 7:08:00 AM
Egypt's Prime Minister Mostafa Madbouly and Libyan Prime Minister Abdul Hamid Dbeibeh discussed setting a timeline for cooperation in natural gas, petroleum exploration, and electricity interconnection.
Updated 8/2/2026 8:48:00 AM
The European Commission has disbursed €1.5 billion to Egypt under its Macro-Financial Assistance (MFA) initiative, reaffirming the EU's commitment to supporting the country’s economic reform and long-term macroeconomic stability
Updated 7/30/2026 1:09:00 AMSiemens has inaugurated a new factory in Egypt dedicated to the production of critical electrical components, protection panels, and automation solutions for industrial and infrastructure applications
Updated 7/28/2026 3:05:00 PM
Egypt's food industry exports hit $3.77 billion during the first half (H1) of 2026, marking the highest semi-annual export value in the sector's history
Updated 7/27/2026 2:25:00 PM
Isramco and UAE-based Mubadala Energy are planning a new long-term natural gas export agreement with an Egyptian counterpart for a potential $20 billion.
Updated 7/27/2026 8:08:00 AM
Minister of Investment and Foreign Trade Mohamed Farid has inaugurated Egypt and the Arab world’s first factory for the production of rapid diagnostic tests
Updated 7/26/2026 3:14:00 PM
Minister of Investment and Foreign Trade Mohamed Farid held talks with representatives of 30 Indian companies operating in Egypt to discuss their expansion plans
Updated 7/26/2026 12:34:00 AM
he General Authority for the Suez Canal Economic Zone (SCZONE) discussed ways of deepening cooperation in the industrial and logistics sectors with the US Department of Commerce, as well as probed potential opportunities for American companies within the economic zone.
Updated 7/22/2026 7:55:00 AM
Egypt remained Africa’s largest recipient of foreign direct investment (FDI) for the fourth consecutive year in 2025, attracting $15.5 billion in inflows, the Cabinet Media Center revealed, citing the United Nations Conference on Trade and Development's (UNCTAD) World Investment Report 2026.
Updated 7/22/2026 7:51:00 AM
Libya's Minister of Electricity and Renewable Energy, Awad Al-Badri, held talks with Egypt's First Undersecretary of the Ministry of Electricity and Energy, Ahmed Mahina, and Head of the Egyptian Control Center, Adel Al-Omari, resulting in an agreement to restore electricity supply through the Libyan-Egyptian interconnection lines.
Updated 7/20/2026 8:35:00 AM
Egyptian engineering and construction companies Petrojet and Enppi have secured a six-year engineering, procurement, and construction (EPC) framework agreement with Petroleum Development Oman (PDO), qualifying the consortium to compete for projects within a portfolio valued at more than $6 billion.
Updated 7/20/2026 7:11:00 AM
Seven Egyptian investors have signed memoranda of understanding (MoUs) to allocate industrial land for building factories producing strategic products at Elsewedy Industrial City in Tanzania.
Updated 7/19/2026 1:26:00 PM
Egypt and Tanzania signed two memoranda of understanding (MoUs) covering transport, electricity, and renewable energy, as the two countries moved to expand bilateral cooperation across several sectors.
Updated 7/19/2026 12:28:00 AM
Minister of Investment and Foreign Trade Mohamed Farid met with Bank of New York (BNY) executives to explore expanding cooperation on international financing tools and enhancing Egyptian companies’ access to global capital markets.
Updated 7/19/2026 12:13:00 AM