El Khatib meets with ICC’s Denton on sidelines of Bloomberg summit
Egyptian Minister of Investment and Foreign Trade, Hassan El Khatib, has met with the head of the International Chamber of Commerce (ICC) in Johannesburg to discuss joint cooperation, the ministry said in a statement. The meeting between El Khatib and
Minapharm, Bayer sign strategic agreement to localize pharmaceutical manufacturing in Egypt
Chairperson of the Egyptian Drug Authority (EDA), Ali Ghamrawy, witnessed the signing of a cooperation agreement between Minapharm Pharmaceuticals and Bayer International. The ceremony was held in the New Administrative Capital under the patronage—and in the presence—of Khaled Abdel Ghaffar,
Investment Minister opens 9th Destination Africa with 300 buyers, 90 Egyptian firms
Minister of Investment and Foreign Trade Hassan El-Khatib inaugurated the ninth edition of the Destination Africa exhibition — the leading platform for the textile, ready-made garments, and home furnishings industries across the African continent. This year’s edition features the participation
Standard Bank launches Egypt office to boost Africa, Middle East trade
Standard Bank Group, Africa’s largest financial institution by assets, has officially launched a representative office in Egypt to strengthen trade and investment flows between Egypt, Sub-Saharan Africa, and the Middle East. The South Africa-based bank announced the launch at an
Egypt, South Africa discuss strengthening cooperation in industry, transport
Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel Al-Wazir held an extensive meeting with South Africa’s Minister of Trade, Industry and Competition Parks Tau and his accompanying delegation to discuss ways to enhance cooperation in
EBRD invests $40m in Infinity to accelerate renewable energy growth across Africa
The European Bank for Reconstruction and Development (EBRD) has announced an additional $40m equity investment in its longstanding partner Infinity, Egypt’s leading renewable energy developer. The move raises the Bank’s total equity commitment to $141.5m, up from $101.5m. The fresh
United Brothers for Engineering Industries targets 30% export share in 2026
United Brothers for Engineering Industries, the parent company of Siltal, has unveiled its sales and marketing strategy for 2026, aiming to boost sales volumes and expand its presence in new international markets. Chairperson and Managing Director Hatem Raslan said the
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 strategy to enhance its industrial production capacity. Alaa El Gamil,
Second package of tax facilitation measures to be launched this November: Finance Minister
Minister of Finance Ahmed Kouchouk announced that the government will launch the second package of tax facilitation measures in November 2025, building on progress achieved in strengthening the “partnership and certainty” framework with investors. He noted that the government implemented
Standard Bank to launch representative office in Egypt on 12 November
Standard Bank Group, Africa’s largest financial institution by assets, announced that it will officially launch its Representative Office in Egypt on 12 November 2025, marking a significant milestone in the Group’s strategy to deepen its engagement across North Africa and