Emirates NBD Group signed a credit facility agreement with Elsewedy Electric Company at a value exceeding EGP 20 billion
Updated 10/29/2025 12:44:00 PM
Fitch Solutions’ research arm BMI has revised Egypt’s gross domestic product (GDP) growth forecast for fiscal year (FY) 2025/2026 at 5%, up from 4.7% previously projected in August, according to Enterprise News, citing Ramona Moubarak, Head of MENA Country Risk at Fitch Solutions.
Updated 10/26/2025 10:35:00 AM
Minister of Investment and Foreign Trade Hassan El-Khatib participated in the Egypt VC Summit 2025 held on February 4th and 5th, emphasizing the summit's crucial role in fostering stronger ties between investors and driving sustainable economic growth in Egypt and the broader region.
Updated 2/4/2025 12:33:00 PM
The economic growth trajectory for Egypt, Saudi Arabia, and the UAE in 2025 is expected to diverge from the expected slowdown in most major emerging markets, a report by Moody’s Investors Service showed.
Updated 11/21/2024 8:24:00 AM
Minister of Investment and Foreign Trade Hassan El-Khatib met with the Chairman of the Federation of Egyptian Chambers of Commerce Ahmed El Wakil to discuss strategies for improving the business environment, enhancing exports, and attracting new investments.
Updated 9/5/2024 11:42:00 AM
Egypt's non-oil trade deficit plunged by approximately 16% to $15.9 billion in the first half (H1) of 2024.
Updated 7/30/2024 9:50:00 AM
The construction sector in Egypt is expected to see a compounded annual growth rate (CAGR) of over 8% until 2029, according to the latest Egypt Construction Market Intelligence Report from JLL.
Updated 7/7/2024 6:36:00 AM
Bank of America sees that the exchange rate of the Egyptian pound is close to its fair value, expecting its value to rise in the short term on the back of cash flows from the UAE,
Updated 7/7/2024 6:36:00 AM
The General Authority for Investment and Free Zones (GAFI) will launch a platform tasked with streamlining procedures for entrepreneurs and emerging companies within a few days, Prime Minister Mostafa Madbouly announced.
Updated 5/19/2024 9:22:00 AM