Trade relations between Egypt and France continued to strengthen in 2024, with the total volume of trade reaching $2.9 billion, up from $2.5 billion in 2023, according to data from the Central Agency ...

Egypt's non-oil private sector experienced its first contraction of 2025 in March, marking a significant downturn in business conditions. The latest data from the S&P Global Egypt Purchasing Managers’ ...

Minister of Finance, Ahmed Kouchouk, announced that public sector salaries in Egypt will be increased starting July 1, 2025, in conjunction with the implementation of FY2025/2026 state budget. This ...

Egypt’s Holding Company for Maritime and Land Transport signed a Memorandum of understanding) MoU(with Elsewedy Electric to establish a $500 million subsea cable factory in the newly designated ...

The General Authority for the Suez Canal Economic Zone (SCZone) has officially begun construction on the first phase of Di Seta’s new project in the Qantara West Industrial Zone. The Chinese company, ...

Auto sales in January saw a significant 22% month-on-month (MoM) decline, dropping to 10.1k units from December’s two-year high of 13k, according to data from the Automotive Marketing Information ...

Al-Organi Group and El-Garhy Group have announced the signing of a Memorandum of Understanding (MoU) between ODI, a subsidiary of Al-Organi Group, and Al-Wahda for Industrial Development, a subsidiary ...

Egypt has signed an advisory services agreement between the Egyptian government and the International Finance Corporation (IFC), the private sector arm of the World Bank, aimed at expanding private ...

The Suez Canal Economic Zone (SCZone) has signed a land usufruct agreement with Jiangsu Guotai, a leading Chinese textile and garment company, to establish a ready-made garment factory in Qantara West ...

Minister of Planning, Economic Development and International Cooperation, Rania Al-Mashat, announced that the ministry is working on launching the Investment Guarantees for Development Mechanism in ...

Egypt achieved highest-ever primary surplus, reaching EGP 170 billion during FY2024/2025, according to a statement released by the Egyptian Cabinet. This marks a significant improvement compared to ...

According to Fitch Solutions’ research unit, BMI, countries in the MENA region—particularly those in the Gulf Cooperation Council (GCC)—are expected to remain largely unaffected by direct tariffs from ...