Egyptian-Chinese alliance to invest $75m in West Qantara industrial projects
A consortium of Egyptian and Chinese companies has signed contracts for three new industrial projects in the West Qantara industrial zone, with a total investment of $75m (approximately EGP 3.6bn). The projects are expected to generate over $100m in annual
Egypt’s investment minister, British ambassador discuss strengthening economic partnership
Minister of Investment and Foreign Trade Hassan El-Khatib held a meeting with British Ambassador to Cairo Mark Bryson-Richardson to discuss ways to enhance the strategic partnership between Egypt and the United Kingdom. The talks reviewed the progress achieved in implementing
Venezuelan market opens to Egyptian fresh pomegranates: Agriculture Minister
Egyptian Minister of Agriculture and Land Reclamation Alaa Farouk has announced the official opening of the Venezuelan market to Egypt’s fresh pomegranate exports – a step expected to boost export activity and diversify destination markets to enhance export sustainability. Farouk
ECS, Agricultural Export Council discuss boosting Egyptian fruit, vegetable exports to Kuwait
The Egyptian Commercial Service (ECS) in Kuwait held an online meeting with the Agricultural Export Council to explore ways to increase Egypt’s exports of fresh fruits and vegetables to the Kuwaiti market, as part of efforts to expand the country’s
Egypt becomes regional hub for health investment, innovation: Abdel Ghaffar
Egypt’s Minister of Health and Population, Khaled Abdel Ghaffar, said on Monday that Egypt has become a regional hub for health investment and innovation, highlighting the country’s comprehensive healthcare reforms and expanding public–private partnerships. Speaking during the session “National and
SCZONE secures EGP 30bn long-term CIB financing for infrastructure and port upgrades
The Suez Canal Economic Zone (SCZONE) has secured EGP 30bn in long-term banking finance from Commercial International Bank – Egypt (CIB) over 17 years. This funding will repay and restructure a previous EGP 10bn loan and provide EGP 20bn in
Belmazad, Cairo Finance partner to launch real estate auction platform, debuting with Mansoura asset
Belmazad, a company specialising in online real estate auction management and marketing, has signed a partnership agreement with Cairo Finance, a subsidiary of Banque du Caire, to launch an integrated digital platform for the sale and financing of repossessed real
Egyptian Swiss Group invests $25m to expand pasta production over five years
Egyptian Swiss Group for Pasta, Milling and Concentrates announced plans to expand its production capacity over the next five years with total investments of $20-25m, aiming to achieve EGP 5bn in total sales by the end of 2025, including EGP
Infrastructure projects key to attracting $11bn to Suez Canal Economic Zone: Madbouly
Egypt’s massive investment in infrastructure over the past decade has been crucial in attracting $11bn in foreign direct investment to the Suez Canal Economic Zone (SCZONE), Prime Minister Mostafa Madbouly said on Sunday. Speaking at the end of a tour
Egypt Open Junior and Ladies Golf Championship concludes
The Egypt International Junior and Ladies Golf Championship has concluded after three days of competition at the New Giza Golf Club, with nearly 100 players from 15 countries participating. In the ladies’ competition for the Nefertiti Cup, South African player