Egypt, US explore expanded cooperation in transport, industry
Egypt’s Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, held talks with U.S. Deputy Secretary of State Christopher Landau on ways to strengthen bilateral cooperation in the transport and industrial sectors. During the meeting,
Egypt’s real estate market enters phase of structural correction, global repositioning
Senior executives from Egypt’s leading real estate developers say the sector is entering a new phase—one defined by structural correction, stronger fundamentals, and growing global relevance—driven by economic stabilization, rising foreign investment, tourism expansion, and evolving urban development models. Ayman
Egypt opens EGP 3.5bn Cleopatra Sky hospital under private-public partnership model
Egypt has opened the EGP 3.5bn Cleopatra Hospital Tagamoa (Sky) in East Cairo as part of a strategic shift to leverage private sector expertise in state-owned medical facilities, Prime Minister Mostafa Madbouly said on Tuesday. The facility, which is owned
Egypt discusses cooperation with Finland, Germany, and Geneva Water Hub ahead of UN conference
Egypt’s Minister of Water Resources and Irrigation, Hany Sewilam, held a series of bilateral meetings with officials from Finland, Germany, and the Geneva Water Hub on the sidelines of a high-level preparatory meeting for the United Nations Water Conference in
China’s Xingfa Group to evaluate phosphate and silica projects in Egypt’s Golden Triangle
Egypt’s Ministry of Petroleum and Mineral Resources signed a memorandum of understanding with China’s Xingfa Group on Tuesday to evaluate phosphate, quartz, and silica sand ores for an industrial project in the Golden Triangle region. The agreement, witnessed by Minister
Egypt seeks global automakers to localise electric vehicle production
Egypt is seeking to attract major global automakers to localise the production of electric vehicles and components as part of a national strategy to meet domestic demand and expand exports, Prime Minister Mostafa Madbouly said on Tuesday. The Prime Minister
Egypt repays $8.65bn in external debt in Q4 FY 2024/25: CBE
Egypt repaid $8.645bn in external debt—covering both principal and interest—during the fourth quarter (Q4) of FY 2024/2025, according to a report issued by the Central Bank of Egypt (CBE). The CBE said the repayments included $1.895bn in interest payments and
Healthcare Is among Egypt’s most attractive investment sectors: Health Minister
Egypt’s Deputy Prime Minister and Minister of Health and Population Khaled Abdel Ghaffar said on Monday that the healthcare sector ranks among the most attractive areas for investment in Egypt, describing healthcare not only as a social priority but also
Adenia Partners enters Egypt with majority stake in Parkville Pharmaceuticals
Africa-focused private equity firm Adenia Partners has signed definitive agreements to acquire a majority stake in Parkville Pharmaceuticals, marking its first majority investment in Egypt. The stake was acquired from Admaius Capital Partners, alongside Parkville’s chairman Dr. Sherif Bassiouny and
Egypt to host region’s first AI summit in 2026
Egypt is set to host “Ai Everything Middle East & Africa 2026,” the region’s first dedicated all-AI global summit and exhibition, on 11–12 February 2026 at the Egypt International Exhibition Center (EIEC) in Cairo. The landmark event will bring together