Egypt, India explore cooperation in high-tech pharmaceutical manufacturing, health investments
Egypt and India have discussed strengthening cooperation in the healthcare and pharmaceutical sectors, with a focus on technology transfer, local production of high-tech medicines, and expanding investment in health industries, according to a statement issued by Egypt’s Ministry of Health
ITIDA, Ericsson sign MoU to accelerate Egypt’s digital transformation, ICT growth
Under the patronage of Egypt’s Prime Minister Mostafa Madbouly, Ericsson and the Information Technology Industry Development Agency (ITIDA) have signed a three-year Memorandum of Understanding (MoU) to advance Egypt’s information and communications technology (ICT) and digital services sectors. Aligned with
Egypt’s SCZONE, China discuss boosting investment in auto, clean energy sectors
The head of Egypt’s Suez Canal Economic Zone (SCZONE) has met with a high-level Chinese economic delegation led by Deputy Minister of Commerce Ling Ji to discuss strengthening economic and investment cooperation. During the meeting at the authority’s headquarters in
EBRD invests $40m in Infinity to accelerate renewable energy growth across Africa
The European Bank for Reconstruction and Development (EBRD) has announced an additional $40m equity investment in its longstanding partner Infinity, Egypt’s leading renewable energy developer. The move raises the Bank’s total equity commitment to $141.5m, up from $101.5m. The fresh
Egypt releases 2023 State of Environment Report
Egypt’s Acting Environment Minister and Local Development Minister Manal Awad announced on Monday the completion and online publication of the 2023 State of the Environment Report, reaffirming the government’s commitment to integrating environmental priorities across all development plans in line
Egypt’s annual urban inflation rises to 12.5% in October, driven by higher fuel prices
Egypt’s annual urban inflation rate rose to 12.5% in October 2025, up from 11.7% in September, according to the Central Agency for Public Mobilization and Statistics (CAPMAS). The increase was largely driven by higher fuel prices, following the government’s decision
Working groups submit feedback on ‘Egypt’s Narrative for Economic Development’
Working groups formed as part of public consultations on “Egypt’s Narrative for Economic Development” have submitted their comments and proposals on the new economic reform plan, the Ministry of Planning announced. The groups reviewed the narrative’s chapters and provided feedback
GAFI to launch startup offices in free zones within six months
The General Authority for Investment and Free Zones (GAFI) will begin operating the administrative offices dedicated to hosting startups in the Nasr City Free Zone within six months, according to CEO Hossam Heiba. Heiba said GAFI also plans to allocate
Cairo 3A to invest $150m over three years to boost production capacity
Cairo 3A, a vertically integrated agri-commodity group active in trading, manufacturing, and food processing, announced plans to invest $150m over the next three years as part of an ambitious expansion strategy to enhance its industrial production capacity. Alaa El Gamil,
Foreign, petroleum ministers discuss boosting investment in Egypt’s energy sector
Foreign Minister Badr Abdelatty and Minister of Petroleum and Mineral Resources Karim Badawi held a high-level meeting to discuss enhanced cooperation between their ministries, aimed at attracting greater foreign investment into Egypt’s petroleum sector and opening new avenues for Egyptian