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US imposes tariffs on rebar imports from Egypt

The U.S. Department of Commerce decided to impose a countervailing duty of 29.51% on Egyptian imports of steel reinforcing bars (rebar), according to the Enforcement and Compliance Office.

Updated 1/22/2026 12:54:00 PM
China’s Xingfa Group to implement $2B phosphate project in Egypt

China-based Xingfa Group plans to invest $2 billion in an integrated project for exploring, extracting, and producing various high-quality phosphate products in Egypt.

Updated 1/22/2026 11:07:00 AM
Coca-Cola eyes further expansion in Egypt

Minister of Investment and Foreign Trade Hassan El-Khatib and Minister of Finance Ahmed Kouchouk reviewed Coca-Cola’s plans to expand investment in Egypt, according to a statement.

Updated 1/21/2026 10:51:00 AM
Egypt launches campaign to seize fake jewelry in market

Minister of Supply and Internal Trade Sherif Farouk has directed to intensify oversight of the precious metals and gemstones market and tighten measures against fraud operations.

Updated 1/21/2026 10:03:00 AM
El-Khatib reviews ACWA Power's expansion plans in Egypt at Davos Forum 2026

Minister of Investment and Foreign Trade Hassan El-Khatib discussed ACWA Power’s investment plans and expansion strategy in renewable energy, water desalination, and green hydrogen projects in Egypt.

Updated 1/21/2026 8:02:00 AM
Egypt, Germany mull boosting cooperation in energy domain

Karim Badawi, Minister of Petroleum and Mineral Resources, held talks with Frank Witzel, State Secretary at the German Federal Ministry for Economic Affairs and Energy, and discussed cooperation in the domain of energy

Updated 1/20/2026 2:53:00 PM
SCZONE pens $175M packaging facility deal with Türkiye's Eroglu Global

Waleid Gamal El-Dien, the Chairman of the Suez Canal Economic Zone (SCZONE), signed a $175 million agreement with Türkiye's Eroglu Global Holding to establish a carton and packaging facility in the Qantara West Industrial Zone

Updated 1/20/2026 2:10:00 PM
Egypt ends customs exemption on Egyptian travelers' mobile phones

The government has ended the customs exemption on mobile phones brought into the country by travelers, effective as of 12:00 pm on January 21st, 2026.

Updated 1/20/2026 11:55:00 AM
El-Khatib outlines Egypt’s economic reform program at Davos Forum 2026

Minister of Trade and Investment Hassan El-Khatib reviewed Egypt’s economic reform program, on the sidelines of the 2026 World Economic Forum in Davos.

Updated 1/20/2026 11:28:00 AM
Egypt approves $1.29B new industrial projects in SCZONE

The Ministerial Group for Industrial Development, chaired by Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel El-Wazir, approved two projects submitted by the Suez Canal Economic Zone Authority (SCZONE).

Updated 1/20/2026 10:44:00 AM
Egypt tops MENA in 2025 automotive investments: Fitch Solutions

Fitch Solutions praised Egypt's success in attracting the largest number of automotive investments in the MENA region during 2025.

Updated 1/20/2026 9:24:00 AM
Egypt’s edtech eYouth taps into Iraqi market

Edtech company eYouth has expanded into Iraq through the launch of eYouth Iraq and an Arabic-language digital learning platform focused on workforce skills development, in partnership with Al-Majal Group.

Updated 1/20/2026 9:13:00 AM
Evolve Holding, Stonex discuss investments in Egypt’s gold sector

Minister of Investment and Foreign Trade Hassan El-Khatib held talks with representatives from Evolve Holding and its partner Stonex to discuss their investment plans in Egypt’s gold sector.

Updated 1/19/2026 3:14:00 PM
PetroGulf Misr's GNN-16 well drilling cuts operational costs by $700,000

PetroGulf Misr achieved a technical and economic success in the design and drilling of the GNN-16 well in the Gulf of Suez, saving $700,000 in operational costs

Updated 1/19/2026 2:50:00 PM
AfDB to provide Egypt with $170M for private sector, budget support

Egypt and the African Development Bank (AfDB) signed a $170 million agreement for the second phase of the Private Sector Development and Economic Diversification Financing Program (PSD-EDSP) to support the private sector and promote economic diversification.

Updated 1/19/2026 12:44:00 PM
IMF upgrades Egypt’s GDP growth forecast for FY2026/27

The International Monetary Fund (IMF) has raised its forecast for Egypt’s real gross domestic product (GDP) growth in fiscal year (FY) 2025/2026 to 4.7% from 4.5% projected in October.

Updated 1/19/2026 11:45:00 AM
Egyptian Customs Authority, ECS sign cooperation protocol to boost trade competitiveness

Ahmed Amawi, the Head of the Egyptian Customs Authority (ECA) and Abdel Aziz El-Sherif, the Head of the Egyptian Commercial Service (ECS), signed a cooperation protocol agreement to enhance the competitiveness of the Egyptian economy.

Updated 1/19/2026 11:36:00 AM
Madbouly chairs 1st Supreme Gold Committee meeting

Prime Minister Mostafa Madbouly has chaired the first meeting of the Supreme Gold Committee, reviewing its efforts to maximize added value and transform Egypt from an ore exporter into an industrial hub.

Updated 1/19/2026 9:19:00 AM
El-Khatib reviews Brandix’s ready-made garment project in Egypt

Minister of Investment and Foreign Trade Hassan El-Khatib reviewed Sri Lanka-based Brandix’s plans to expand in the Egyptian ready-made garment industry

Updated 1/19/2026 7:57:00 AM
Egypt's LNG imports expected to leap 26.3% YoY in 2026: S&P Global

Egypt is expected to import about 11.14 million mt of liquefied natural gas (LNG) in 2026, an increase of 26.3% when compared to 9.01 million mt in 2025, according to data from Platts, part of S&P Global Energy.

Updated 1/18/2026 3:38:00 PM