Egypt finalising tender documents for Hurghada airport management
Egypt is finalising the technical and regulatory studies required to offer the management and operation of Hurghada International Airport to the private sector, Civil Aviation Minister Sameh El-Hefny said on Monday. The announcement came following a meeting at the New
GAFI launches guideline for cash investment Incentive to support industrial projects
Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI), announced the release of the official guideline for the new cash investment incentive dedicated to industrial projects. The initiative reflects the government’s commitment to transparency, clarity, streamlined
New projects, expansions underway at Egyptalum: Public Enterprises Minister
Mohamed El-Shimy, Minister of the Public Enterprises Sector, announced that several strategic projects and expansions are currently being implemented at Egyptalum in Nagaa Hammadi, a subsidiary of the Metallurgical Industries Holding Company. These initiatives aim to strengthen the company’s production
Amazon Egypt expands storage capacity amid rising demand, local manufacturing boom
Egypt has endured one of the most challenging economic periods in its recent history over the past two years. Surging inflation and sharp exchange-rate volatility have reshaped consumer behaviour, pushing households to prioritise essential goods over discretionary spending. According to
KABO for clothing boosts daily capacity to 85,000 pieces, expands to 78 production lines
El Nasr Clothing and Textiles Company (KABO) announced the rollout of a comprehensive development and expansion plan for its factories in Amreya and Hadra, a move that will raise the company’s total production capacity to more than 85,000 pieces per
BakeLand Egypt plans new 10,000-sqm factory to boost output fivefold
BakeLand Egypt, a subsidiary of RMC Group, has introduced its first locally produced alternative to imported bakery ingredients at Food Africa 2025. The launch coincides with an export expansion into six new countries this year, including Germany, Italy, the United
EBRD’s first vice president to visit Egypt for strategic talks
The First Vice President of the European Bank for Reconstruction and Development (EBRD), Greg Guyett, is scheduled to visit Egypt from 8 to 10 December 2025 for high-level meetings with Egyptian government officials and private-sector representatives. Guyett will be accompanied
Egyptian senator proposes unified digital, regulatory framework to organise property market
Deputy Leader of the Wafd Party bloc in the Egyptian Senate, Yasser Qoura, has submitted the first “proposal by request” to the Senate’s housing committee during the second legislative term, outlining a comprehensive plan to better regulate Egypt’s real estate
Egypt plans new policies to drive private sector growth in tourism, energy, health
Egypt is preparing a new package of policies and facilitations designed to increase private sector investment in targeted economic sectors, Prime Minister Mostafa Madbouly said on Sunday. Madbouly instructed relevant ministries to draft the new measures to support the state’s
Egypt, China’s XD Group discuss localising electrical equipment manufacturing
Mahmoud Essmat, Minister of Electricity and Renewable Energy, met with Zhou Qi Qi, Chairperson of China’s XD Group, and his delegation, in the presence of Mona Rizk, Chairperson of the Egyptian Electricity Transmission Company, and Osama Abdullah, Chairperson of EGEMAC.