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EETC, Infinity-Hassan Allam consortium signs complementary deals for 1.2 GW solar projects

The Egyptian Electricity Transmission Company (EETC) and the Infinity-Hassan Allam consortium signed the complementary agreements to establish two solar power projects and two interconnected battery storage plants with a total capacity of 1,200 megawatts and 720 megawatt-hour of battery storage capacity.

Updated 11/4/2025 7:07:00 AM
Edita expands production capacity with EGP 320M acquisition deal

Edita Food Industries has signed an asset purchase agreement with a regional company operating in the food sector to acquire production machinery for EGP 320 million.

Updated 10/21/2025 3:47:00 AM
Al Baraka Bank Egypt seals $100M deals with ICIEC

Al Baraka Bank Egypt has signed two agreements worth a combined $100 million with the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC).

Updated 7/21/2025 2:51:00 PM
SODIC inks revenue share agreement with Rula for Land Reclamation

Sixth of October for Development and Investment Co. (SODIC) has signed a revenue share agreement with Rula for Land Reclamation for the development of a 1,000 feddan plot in New Sphinx City, located in West Cairo.

Updated 5/12/2025 10:18:00 AM
Egypt, Kenya sign 12 agreements to strengthen bilateral ties

Egypt's President Abdel Fattah El-Sisi and Kenyan counterpart William Ruto have signed 12 joint agreements to boost bilateral ties and expand cooperation in various sectors.

Updated 1/30/2025 9:47:00 AM
Egypt signs 2 agreements for $600M wind farm in Gulf of Suez

Egypt has signed two agreements to build a 500-megawatt wind farm in the Gulf of Suez, with investments estimated at $600 million.

Updated 12/15/2024 12:11:00 PM
Abu Qir Fertilizers inks 3 key deals to boost sustainability, energy efficiency 

Abu Qir Fertilizers has signed three major agreements to enhance sustainability, reduce carbon emissions, and improve energy efficiency.

Updated 12/15/2024 1:38:00 AM
Cabinet approves presidential decree for EU-funded child protection program

The Egyptian cabinet has approved a draft presidential decree for the EU Support to the Next Generation agreement, focused on backing child protection systems in Egypt with by an €8 million grant from the European Union (EU).

Updated 8/25/2024 5:37:00 AM
NTI inks 2 agreements in cybersecurity field

The National Telecommunication Institute (NTI) has signed two cooperation agreements with IT services providers CyberX and BARQ Systems in the field of cybersecurity.

Updated 8/5/2024 12:17:00 PM
Egypt seals $340M deals with Shell, Cheiron Energy to boost oil production

Egypt has signed two agreements worth a combined $340 million with Shell Egypt and Cheiron Energy to boost oil production at the Mediterranean and the Gulf of Suez.

Updated 7/28/2024 3:51:00 AM
Egypt, EU ink 29 agreements worth €49B: Madbouly

Egypt has signed a total of 29 agreements and memoranda of understanding (MoUs) worth €49 billion with the companies affiliated with the European Union (EU) during the Egypt-EU Investment Conference.

Updated 7/1/2024 7:55:00 AM
Egypt inks €621M agreements with EIB, SPE Capital Fund to boost GSIs

Egypt has signed two agreements worth a total of €621 million with the European Investment Bank (EIB) and the SPE Capital Fund to boost green sustainable industries (GSI) and enhance equity investments in companies.

Updated 7/1/2024 7:29:00 AM
Egypt seals $130M USAID development grant agreements

Minister of International Cooperation Rania Al-Mashat has signed eight non-refundable development grant agreements worth $130 million from the US Agency for International Development (USAID) with the US Ambassador to Egypt Herro Mustafa Garg.

Updated 6/23/2024 7:25:00 AM
Egypt, Equatorial Guinea ink agreements in several fields

Egypt and Equatorial Guinea have signed three agreements in several fields.

Updated 6/12/2024 8:45:00 AM
Cabinet nods to finalizing agreements on 500-MW wind farm in Suez Gulf

The cabinet has approved completing the procedures needed for signing agreements on the implementation of a 500-megawatt (MW) wind farm in the Gulf of Suez region.

Updated 4/4/2024 9:03:00 AM
Parliament greenlights $61.7M USAID grants for strategic fields in Egypt

The Egyptian House of Representatives has approved four grant agreements worth $61.7 million between the Ministry of International Cooperation and the US Agency for International Development (USAID) in strategic fields of top priorities in Egypt.

Updated 3/21/2024 12:30:00 PM
GASCO signs 2 agreements in carbon emissions reduction

The Egyptian Natural Gas Company (GASCO) has signed two cooperation agreements with RINA, CHIYODA Corporation, and Axens in the field of carbon emissions reduction.

Updated 2/21/2024 1:28:00 AM
Reviewing Egypt’s Double Taxation Avoidance Agreements

Egypt and the UAE signed a complementary protocol in mid-February to eliminate double taxation. The signing took place in Dubai on the sidelines of the 8th Annual Arab Fiscal Forum. In this Factsheet, we will give a brief overview of different double taxation avoidance agreements and their importance in attracting more investments. In addition, we will analyze the government’s tax revenues in the first half (H1) of fiscal year (FY) 2023/24.

Updated 2/14/2024 10:38:00 AM
Parliament ratifies $460.4M loan agreements with Korea Eximbank, IsDB

The Egyptian House of Representatives has authorized two $460.4 million financing agreement between the Egyptian government, the Export-Import Bank of Korea (Korea Eximbank), and the Islamic Development Bank (IsDB) and its institute (IsDBI) in the field of sustainable transport and development.

Updated 12/24/2023 8:20:00 AM
Egypt to sign $270M deals to reduce emissions in industrial sector

Egypt will seal project agreements to reduce carbon emissions in the industrial sector with investments of up to $270 million, Minister of Environment Yasmine Fouad said.

Updated 12/3/2023 8:13:00 AM