Egypt signs contract to establish EGP 2bn electric battery plant with CATL
Egyptian Prime Minister Mostafa Madbouly witnessed the signing of a contract to establish an electric battery manufacturing plant in Egypt through a partnership between Egyptian battery manufacturer BME and China’s…
Al-Sisi targets $12bn Egypt-India trade, urges Iran to halt regional escalation
Egyptian President Abdel Fattah Al-Sisi said Egypt aims to increase bilateral trade with India to $12bn and attract more Indian investment in manufacturing, technology, clean energy, and the automotive industry,…
Egyptian Competition Authority approves seven M&A, joint venture transactions
The Egyptian Competition Authority (ECA) has approved seven applications involving mergers, acquisitions, and joint ventures as part of its review of economic concentration transactions. The approvals include the proposed acquisition…
Ecomondo 2026 expands global reach with focus on circular economy, AI, textiles
Italian Exhibition Group (IEG) is set to expand the international scope of Ecomondo in 2026, with the 29th edition of the green, blue and circular economy event scheduled to take…
ABB Egypt begins 3.3 MW rooftop solar project with RCREEE
ABB Egypt has begun implementing a rooftop solar energy project across several of its factories in partnership with the Regional Center for Renewable Energy and Energy Efficiency (RCREEE), as part…
Mohamed Gamil appointed HDB Deputy CEO, Managing Director
The Housing and Development Bank (HDB) has announced the appointment of Mohamed Gamil as Deputy CEO and Managing Director. The move reflects the bank’s strategy of attracting distinguished banking leaders…
Satellite imagery to monitor canal maintenance as Fayoum water network goes digital
Egypt’s Ministry of Water Resources and Irrigation plans to use satellite imagery to monitor weed growth and canal-cleaning needs, install new telemetry stations in Fayoum, and complete the Tagin pumping…
FRA, EBRD discuss cooperation to boost attractiveness of non-bank financial sector
Financial Regulatory Authority (FRA) Chairperson Islam Azzam received Mark Bowman, Vice President for Policy and Partnerships at the European Bank for Reconstruction and Development (EBRD), and his accompanying delegation to…
Industry minister reviews EBRD projects in green industry, renewable energy and water efficiency
Egypt’s Minister of Industry Khaled Hashem met with Mark Bowman, Vice President for Policy and Partnerships at the European Bank for Reconstruction and Development (EBRD), and Jacqui Powell, the bank’s…
Cairo Metro Line 4 to connect with LRT at Capital Airport station
Egyptian Prime Minister Mostafa Madbouly inspected the first phase of Cairo Metro Line 4 during a tour of several Transport Ministry projects in Cairo and Giza, as construction of the…