Foreign, petroleum ministers discuss boosting investment in Egypt’s energy sector
Foreign Minister Badr Abdelatty and Minister of Petroleum and Mineral Resources Karim Badawi held a high-level meeting to discuss enhanced cooperation between their ministries, aimed at attracting greater foreign investment…
Cairo 3A to invest $150m over three years to boost production capacity
Cairo 3A, a vertically integrated agri-commodity group active in trading, manufacturing, and food processing, announced plans to invest $150m over the next three years as part of an ambitious expansion…
GAFI to launch startup offices in free zones within six months
The General Authority for Investment and Free Zones (GAFI) will begin operating the administrative offices dedicated to hosting startups in the Nasr City Free Zone within six months, according to…
Arabia Developments, ElSewedy join forces to launch industrial zone in New 6th of October City
Arabia Developments has signed a strategic cooperation agreement with ElSewedy Industrial Development, a subsidiary of Elsewedy Electric Group, to develop and manage a fully integrated industrial zone in New 6th…
Egypt’s trade deficit narrows to $4.73bn in August 2025: CAPMAS
The Central Agency for Public Mobilization and Statistics (CAPMAS) has released its monthly bulletin on Egypt’s foreign trade for August 2025, showing a year-on-year improvement in the trade balance driven…
Government to channel major share of Qatar deal proceeds toward debt reduction: Finance Minister
Finance Minister Ahmed Kouchouk affirmed that the government remains committed to directing a substantial portion of proceeds from major investment deals toward reducing public debt. He noted that Egypt has…
Germany, Egypt sign €50m debt swap for renewable energy grid connection
Egypt and Germany on Sunday signed a €50m ($54m) debt swap agreement to finance projects to connect two wind power stations to the national grid, Egypt's electricity ministry said. The…
ARDIC Developments prepares to launch new East Cairo project in partnership with NUCA
ARDIC Developments CEO Tamer El Akkad announced that the company is finalising procedures to acquire a new land plot in East Cairo in cooperation with the New Urban Communities Authority…
Vantage Developments unveils exclusive ‘M Signature’ offers at Bayty Expo in Riyadh
Vantage Developments took part in Bayty – The Real Estate Expo, held under the patronage of Egypt’s Ministry of Housing, Utilities, and Urban Communities from 6 to 8 November at…
Uptown 6 October, Global School Management break ground on Kingdom of Knowledge School
Uptown 6 October, in partnership with Global School Management (GSM), has begun construction of the Kingdom of Knowledge International School in Uptown 6 October City, with the school scheduled to…