Pharco Pharmaceuticals plans EGP 1.5bn investments to expand production, exports
Pharco Pharmaceuticals is planning to invest around EGP 1.5bn next year, up from approximately EGP 1.15bn in 2025, as part of its strategy to expand production capacity and strengthen its…
CID offers 31 ready-to-operate units in Robbiki Leather City
Cairo for Investment and Development Company (CID) has launched a new offering of industrial units in the third phase of Robbiki Leather City, comprising 31 ready-to-operate production units and five…
ABB Egypt posts EGP 14bn turnover, drives local manufacturing expansion
ABB Egypt has reported an annual turnover of approximately EGP 14bn, underscoring its sustained growth and deepening presence in the Egyptian market. Operating in Egypt since 1926, the company continues…
Commercial International Bank completes EGP 2.18bn securitisation for Drive Finance
Commercial International Bank (CIB) has completed its seventh securitisation issuance for Drive Finance, valued at EGP 2.175bn, reinforcing its commitment to supporting the company’s liquidity and expansion in the Egyptian…
Egypt allocates EGP 10.6bn to over 45,000 beneficiaries under national veal project by April
Egypt’s Ministry of Agriculture and Land Reclamation has allocated approximately EGP 10.562bn to 45,686 beneficiaries under the national veal project by the end of April, supporting the rearing of nearly…
Egypt concludes five-year OECD policy programme, launches five structural economic reports
Egypt has concluded the first phase of its five-year Country Programme with the Organisation for Economic Co-operation and Development (OECD), launching five major reports aimed at guiding structural economic and…
Egypt, OECD complete first phase of country programme with 35 projects: Planning minister
Ahmed Rostom, Minister of Planning and Economic Development, delivered the opening remarks at the closing event of Egypt’s country programme with the Organisation for Economic Co-operation and Development (OECD), in…
Egypt pushes smart, green manufacturing to elevate industrial competitiveness
Egypt’s Minister of Industry, Khaled Hashem, outlined the ministry’s drive to upgrade local industry and accelerate the transition toward smart and sustainable manufacturing, positioning Egypt as a competitive hub for…
OECD, Egypt eye second phase of cooperation as Cairo pursues full membership
Egypt is looking forward to fulfilling the requirements for membership in the Organisation for Economic Co-operation and Development (OECD) during the coming period, Prime Minister Mostafa Madbouly said on Monday.…
Sovereign Fund of Egypt selects EFG Hermes to manage 20% Misr Life Insurance stake sale
The Sovereign Fund of Egypt has selected investment bank EFG Hermes to manage the offering of an approximate 20% stake in state-owned Misr Life Insurance on the Egyptian Exchange. The…