Egyptian Minister of Industry Khaled Hashem and South African Trade, Industry, and Competition Minister Parks Tau discussed expanding industrial cooperation, focusing on automotive manufacturing and components.
Updated 25m13h
Egypt’s non-oil private sector businesses contracted in September as output and new orders declined sharply, with the S&P Global Egypt Purchasing Managers’ Index (PMI) falling to 47.2 from August’s seven-month high of 49.6.
Updated 14m19h
Egyptian food industry exports to China rose 21% year on year (YoY) to $150.4 million in the first eight months of 2026, moving China to 12th place among the sector’s export destinations, according to the Food Export Council (FEC), as per a statement.
Updated 10/4/2026 11:36:00 AM
Egypt and the Organisation for Economic Co-operation and Development (OECD) have outlined priorities for the second phase of their Country Programme, including business competitiveness, resource mobilization and the modernization of national accounts, as per a statement.
Updated 10/4/2026 6:20:00 AM
Minister of Investment and Foreign Trade Mohamed Farid Saleh met with representatives of UAE-based companies IRH Global Trading, ePointZero and Silal during an official visit to Abu Dhabi to explore their investment plans and potential expansion in Egypt, as per a statement.
Updated 10/4/2026 6:17:00 AM
Minister of Investment and Foreign Trade Mohamed Farid held meetings with representatives of six French and international companies to discuss expansion and investment opportunities in Egypt.
Updated 10/1/2026 8:39:00 AM
Capricorn Energy’s profit from its Egypt business operating segment rose to $36 million in the first half (H1) of 2026, up from $9 million in H1 2025
Updated 9/27/2026 8:19:00 AMUAE-based Al Futtaim Group intends to increase investments and explore new opportunities in several sectors in the Egyptian market, CEO Omar Al Futtaim said.
Updated 9/27/2026 12:09:00 AM
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 9/24/2026 1:53:00 PM
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’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 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
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
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 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 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’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
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
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
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