The International Monetary Fund (IMF) projected that the Suez Canal’s revenues will increase by 88.9%, rising from an expected $6.3 billion in FY2025/2026 to $11.9 billion by FY2029/2030, according to ...

Ahmed Fahmy, Presidential Spokesperson, stated that the Supreme Investment Council approved 22 decisions today. He ...

Egypt’s pharmaceutical sector recorded a 42% year-on-year growth in 2024, with total local sales reaching EGP 292 billion, according to Ibnsina Pharma, citing IQVIA reports. This surge was primarily ...

Egypt’s Minister of Planning, Economic Development, and International Cooperation, Rania A. Al-Mashat, met with Minister of Education and Technical Education, Mohamed Abdel-Latif, to discuss critical ...

UfM’s Andrea Tinagli on unlocking concessional finance, Egypt’s expanding pipeline, and why the country is pivotal in the Mediterranean’s sustainable transition.

Private equity (PE) activity across the MENA region continued its downward trend in the first half of 2025, with investors shifting toward fewer, larger-scale deals. The number of PE transactions ...

Hong Kong-based multinational Crystal Martin Group plans to establish a major textile and ready-made garments manufacturing facility in Egypt under the free zone system, spanning 1.5 million square ...

We sat down with Hassan Ghanem, Chairman and Managing Director of Housing and Development Bank (HDB), where he got to share his opinions on Egypt’s economic reform program and elaborate on the bank’s ...

The Egyptian cabinet has greenlit the establishment of YADA Egypt, a new free zone dedicated to the furniture industry in New Alamein City, with investments totaling €70 million. This project aims to ...

The agreement establishes a framework for fast-tracking exploration activities in new mining zones while upholding high environmental standards to ensure sustainable operations and mitigate any ...

The Central Bank of Egypt (CBE) reported that the banking sector’s net foreign assets (NFA) fell to a surplus of $5.95 billion (EGP 295.6 billion) in November 2024, down from $9.2 billion (EGP 450.861 ...

In a major step toward redrawing the map of urban development on Egypt’s eastern coast, Delta Capital for Urban Development (DCUD), in partnership with Nations of Sky, has announced the launch of ISLA ...