Egypt to build freight terminal at Qous Station on High-Speed Rail to boost Qena Industrial Zone
Egypt’s Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, recently conducted a comprehensive inspection tour of the second line of Egypt’s high-speed electric rail network, which spans 1,100 km from October to Aswan, including
Egypt, France discuss ways to advance investment cooperation, streamline customs procedures
The General Authority for Investment and Free Zones (GAFI) held an expanded meeting with French Ambassador to Egypt Éric Chevallier and Egyptian Customs Authority Chairperson Ahmed Amoui, bringing together senior French officials and representatives of French companies operating in the
GAFI unveils updated framework for financial valuation, due diligence
The General Authority for Investment and Free Zones (GAFI) has officially approved an updated technical and regulatory framework for corporate valuation and pre-investment financial due diligence. This move is part of Egypt’s broader efforts to improve the business climate and
Egyptian Commercial Service launches first SCZONE investment promotion mission to U.S.
The Egyptian Commercial Service (ECS) office in Washington, headed by Minister Plenipotentiary for Commercial Affairs Yehia El Wathik Bellah, organised Suez Canal Economic Zone (SCZONE) Chairperson Walid Gamal El-Din’s first promotional mission to the United States from 1 to 5
Egypt reviews plans for first national medical simulation centre
Egypt’s Health Minister Khaled Abdel Ghaffar reviewed progress on the country’s first national medical simulation and clinical training centre, known as the “Nile” project, during a meeting on Monday, according to the Ministry of Health. Abdel Ghaffar described the centre
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