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efinance clarifies $80M investment figure as preliminary

efinance stated that the recently published news on one of the websites regarding the company investing $80 million over the next three years is preliminary and indicative.

Updated 9m7h
MOPCO plans up to $250M investments to boost production capacity

Misr Fertilizers Production Company (MOPCO) announced plans to inject new investments ranging between $200 million and $250 million during the next fiscal year (FY) 2026/2027.

Updated 11/10/2025 10:33:00 AM
GAFI holds 1st promotional visit to boost Indonesian investment in Egypt

The General Authority for Investment and Free Zones (GAFI) has carried out its first promotional mission to Indonesia to attract investment and strengthen economic cooperation between the two countries.

Updated 10/20/2025 10:04:00 AM
Forbes Global Properties discusses New Capital tower with El-Khatib, explores expansion in Egypt

Minister of Investment and Foreign Trade Hassan El-Khatib met with CEO of Forbes Global Properties Michael Jalbert to discuss cooperation on the Forbes International Tower in the New Administrative Capital and explore the company’s expansion opportunities in Egypt.

Updated 10/20/2025 7:36:00 AM
E-commerce becomes key partner in Egypt’s economic growth: Heiba

The CEO of the General Authority for Investment and Free Zones (GAFI) Hossam Heiba said that e-commerce companies have played a key role in the development of trade and had a positive impact on the Egyptian economy, as per a statement.

Updated 10/6/2025 10:17:00 AM
SCZONE, BMEC Imaging to build $4.5M medical technology facility in Sokhna

The General Authority for the Suez Canal Economic Zone (SCZONE) signed a contract with BMEC Imaging Egypt to establish a medical technology manufacturing and remanufacturing facility in the Sokhna Industrial Zone, with investments totaling $4.5 million.

Updated 10/5/2025 2:12:00 AM
Elsewedy Electric pens $2.5B investment agreement with Algeria's AAPI

Elsewedy Electric Company has signed an investment agreement worth $2.5 billion with the Algerian Investment Promotion Agency.

Updated 9/9/2025 9:44:00 AM
FRA approves Madinet Masr’s SAFE Real Estate Fund establishment

Madinet Masr, one of Egypt’s leading urban community developers, has obtained approval from the Financial Regulatory Authority’s (FRA) committee for establishing and licensing companies to establish the SAFE Real Estate Fund and SAFE for Securities Promotion, Underwriting, and Real Estate Investment Fund Management, as per a disclosure.

Updated 9/3/2025 10:05:00 AM
Signify Egypt, Contrack sign MoU on smart lighting solutions

Signify Egypt has signed a memorandum of understanding (MoU) with Contrack Facilities Management to advance smart and sustainable lighting solutions across infrastructure projects in Egypt and the wider region.

Updated 8/27/2025 1:53:00 AM
Türkiye's Sahinler Group to invest over $100M in Egypt’s apparel, tourism sectors

Turkish conglomerate Sahinler Holding Group is planning to expand its operations in Egypt with investments exceeding $100 million.

Updated 8/26/2025 11:38:00 AM
Badawi confirms ongoing efforts to boost Zohr output with investment partners

Minister of Petroleum and Mineral Resources Karim Badawi confirmed the continuation of the program to enhance production at the Zohr field in cooperation with investment partners, as part of the ministry’s strategy to secure local energy needs.

Updated 8/26/2025 9:23:00 AM
SCA, Hyundai Corporation mull partnership on shipyard development, clean energy projects

Chairman of the Suez Canal Authority (SCA) Osama Rabie met with In-Bum Choi, senior vice president of Hyundai Corporation and executive director of its infrastructure and machinery sector, to discuss cooperation in shipyard development and clean energy initiatives.

Updated 8/25/2025 7:30:00 AM
Petroleum Ministry prepares nationwide geological survey to attract mining investment

The Ministry of Petroleum and Mineral Resources is preparing to implement a nationwide geological survey and inventory program using advanced technology to map Egypt’s mining potential, as per a statement.

Updated 8/19/2025 8:29:00 AM
GAFI to begin operating 4 new public free zones by end of 2026

The General Authority for Investment and Free Zones (GAFI) will begin operating four new public free zones by the end of 2026, according to CEO Hossam Heiba.

Updated 8/17/2025 10:48:00 AM
Egypt, Qatar mull boosting joint investments

Prime Minister Mostafa Madbouly met with Qatari Prime Minister and Minister of Foreign Affairs Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani in Doha, where they discussed enhancing bilateral investments.

Updated 7/9/2025 7:40:00 AM
Egypt, China agree to organize investment forum in Cairo amid talks to deepen economic ties

Egypt’s Minister of Investment and Foreign Trade, Hassan El-Khatib, met with Chinese Minister of Commerce Wang Wentao to discuss ways to strengthen economic and trade relations between the two countries.

Updated 6/23/2025 3:06:00 AM
Egypt signs landmark agreements with development partners, private sector to boost investment

Prime Minister Mostafa Madbouly witnessed the signing of a series of strategic agreements between the Egyptian government, development partners, and private sector companies during the “Development Finance to Foster Private Sector: Led Growth and Job” conference, organized by the Ministry of Planning, Economic Development, and International Cooperation.

Updated 6/16/2025 7:42:00 AM
El-Khatib meets IFC delegation to deepen partnership, support Egypt’s growth agenda

Minister of Investment and Foreign Trade Hassan El Khatib met with a high-level delegation from the International Finance Corporation (IFC) led by Managing Director Makhtar Diop to discuss expanding cooperation and supporting Egypt’s economic development priorities.

Updated 6/16/2025 7:34:00 AM
Madbouly reviews investment prospects in tourism, antiquities sectors

Prime Minister Mostafa Madbouly held a meeting to review investment opportunities in Egypt’s tourism and antiquities sectors.

Updated 6/11/2025 12:26:00 PM
Egypt prepares 10-year health sector investment plan

Prime Minister Mostafa Madbouly has directed the rapid preparation of investment opportunities in Egypt’s health sector for the next decade, coupled with clear partnership mechanisms, the Golden License, and standard contracts to attract private sector participation.

Updated 6/10/2025 2:16:00 AM