Egypt identifies 61,000 companies eligible for bourse listing as investment authority, EGX deepen cooperation
Some 61,000 joint-stock companies in Egypt are eligible to benefit from the advantages of listing on the Egyptian Exchange (EGX), representing a promising opportunity to deepen the capital market and expand the base of listed companies, Mohamed Awad, Chief Executive
Egypt, World Bank discuss expanding strategic cooperation on food security, rural development
Egypt’s Minister of Agriculture and Land Reclamation, Alaa Farouk, met with Meskerem Brhane, the World Bank’s Regional Director for Sustainable Development for the Middle East and North Africa, Afghanistan, and Pakistan, to discuss ways to strengthen cooperation in support of
Egypt launches commercial trial operations at Safaga 2 Multipurpose Terminal
Egypt’s Minister of Transport, Kamel Al-Wazir, witnessed the launch of commercial trial operations at the new Safaga 2 Multipurpose Terminal, marking a significant milestone in the country’s strategy to position itself as a regional hub for transport, logistics, and transit
FEI’s Precious Metals Division establishes export committee to drive gold, jewelry exports
The Gold and Precious Metals Division of the Federation of Egyptian Industries (FEI) has announced the formation of a specialised export committee as part of efforts to support the government’s strategy of boosting industrial exports and expanding the international presence
Egypt, World Bank discuss financing for water security, climate adaptation projects
Egypt’s Minister of Water Resources and Irrigation, Hani Sewilam, held talks with World Bank officials on strengthening cooperation in water management, climate adaptation, and sustainable development, as the country continues to face mounting pressure on its limited water resources. According
Egypt targets 4.8-5.2% economic growth in FY 2026/27, rising to 6.8% by 2030: Rostom
Egypt’s Minister of Planning and Economic Development, Ahmed Rostom, said the government is targeting economic growth of between 4.8% and 5.2% in fiscal year 2026/27, adopting a cautious approach amid ongoing regional instability and global economic uncertainty, while laying the
Egypt aims to double exports to $100 bn by 2030, announces digital industrial platform: Hashem
Egypt is targeting an increase in annual exports from $48bn to $100bn by 2030 through a new strategy that includes launching an integrated digital B2B platform to connect local manufacturers and integrate them into global supply chains, the Minister of
Industry Minister explores deeper industrial integration with African nations
Egypt’s Minister of Industry, Khaled Hashem, met with Yousrey El-Sharkawi, Chairperson of the Egyptian African Businessmen’s Association (EABA), to discuss ways to strengthen industrial cooperation between Egypt and African countries and promote greater industrial integration across the continent. The meeting
EGX to launch futures contracts on CIB, TMG shares from 18 June
The Egyptian Exchange (EGX) announced on Monday the launch of futures contracts on the shares of Commercial International Bank (CIB) and Talaat Moustafa Group Holding (TMG), with trading set to begin on 18 June. The new contracts will be available
Alcazar Energy secures $420m deal to manage Egypt’s Gabal El Zeit wind farm
Egypt signed investment, operation, and power purchase agreements worth $420m with Alcazar Energy for the 580-megawatt (MW) Gabal El Zeit wind power plant, the government said on Monday. The agreements, signed in the presence of Prime Minister Mostafa Madbouly, grant