Egypt bets on talent as Valeo deepens AI and automotive R&D presence
As global competition intensifies to attract high-value technology investments, Egypt is steadily carving out a position as a regional hub for automotive software and artificial intelligence. This direction was reaffirmed…
Egypt’s Industrial Authority weighs licensing reforms to ease investor burden
Egypt is stepping up efforts to streamline industrial licensing and improve the investment climate, as the Industrial Development Authority (IDA) explores a new package of reforms aimed at reducing costs…
Upwyde, Vezeeta partner to operate integrated medical facility at Prk Vie in New Cairo
Upwyde Developments has signed a strategic agreement with Vezeeta to manage and operate a fully integrated medical building within its “Prk Vie” project in New Cairo’s Golden Square. Under the…
Medical supplies sector seeks procurement price revisions as costs surge
Egypt’s medical supplies sector is preparing to submit a memorandum to Prime Minister Mostafa Madbouly, calling for revisions to government procurement prices in response to sharp increases in production and…
Egypt, Pfizer explore local vaccine production, pharma innovation partnerships
Egypt’s Ministry of Health has held talks with Pfizer to expand co-operation in pharmaceutical manufacturing, vaccine production, and medical innovation, as part of broader efforts to strengthen the healthcare system…
Egypt raises $6bn from 19 state exit deals amid regional war, PM says
Egypt has raised approximately $6bn through the execution of 19 full and partial state exit deals, achieving 48% of its $12.2bn target under the government’s offering programme up to June…
Egypt pitches itself as gateway to Middle East, Africa for Finnish investors
Egyptian Prime Minister Mostafa Madbouly has pitched his country as a strategic gateway to the Middle East and Africa for Finnish investors, urging them to explore opportunities in priority sectors…
France backs Egypt’s IMEC entry, readies migration pact at first strategic dialogue
France formally backed Egypt's inclusion in the India-Middle East-Europe Economic Corridor (IMEC) and the two nations agreed to finalise a bilateral migration agreement in the coming weeks, officials announced following…
Egypt-US ties defy political shifts as Cairo courts American investment
Despite mounting geopolitical tensions in the Middle East and ongoing shifts in the global economy, Egypt and the United States continue to anchor a resilient strategic partnership that extends well…
Oil and gas prices surge as Iran re-closes Strait of Hormuz
Oil and European natural gas prices surged after Tehran re-closed the Strait of Hormuz and fired on vessels following the US Navy's seizure of an Iranian ship, halting all shipping…