Egypt is BII’s largest market in Africa, key strategic priority: CEO
As British International Investment (BII) prepares to deploy £15bn worldwide over the next five years, Egypt is emerging as one of the institution’s most strategic markets, according to BII CEO Leslie Maasdorp. With an investment portfolio approaching $850m across 64
Norway’s Scatec to invest $5bn in Egypt green energy over next two years
Norway’s Scatec plans to inject up to $5bn in new investments into Egypt over the next two years, company officials announced. The new investment plan will target strategic sectors, including water desalination powered by renewable energy, green data centres, solar
Fiscal, monetary policy coordination key to curbing inflation: Planning Minister
Minister of Planning and Economic Development Ahmed Rostom said the government is developing forward-looking scenarios to curb inflation through close coordination between fiscal and monetary policies, while promoting local manufacturing and import substitution. He made the remarks during a meeting
Egypt launches presidential initiative to support children with type 1 diabetes
Egypt has officially launched a presidential initiative to support children living with type 1 diabetes as part of its “100 Million Healthy Lives” programme, aiming to improve care through the use of continuous glucose monitoring technology. Health Minister Khaled Abdel
Nations of Sky sells out first two phases of SkyRidge Executives
Nations of Sky, the real estate development arm of the Future of Egypt Authority for Sustainable Development, has announced the full sell-out of the first two phases of its SkyRidge Executives project in Cairo’s Sheraton district, as construction works continue
Egypt’s total fertility rate drops to 2.34 as population strategy yields results
Egypt’s total fertility rate fell to 2.34 births per woman at the end of 2025 from 2.54 at the end of 2023, according to data presented at a National Population Council meeting. The country’s crude birth rate also declined to
FRA registers first debt collection firms for non-bank financial sector
The Financial Regulatory Authority (FRA) has approved the registration of Egy Serv and Egyptian International in the Register of Debt Collection Companies for entities operating in non-bank financial activities. The two firms are the first to be registered under the
Egypt, South Africa discuss industrial integration, expanding cooperation in automotive, pharmaceutical sectors
Egypt’s Minister of Industry, Khaled Hashem, held talks with South Africa’s Minister of Trade, Industry and Competition, Parks Tau, to explore opportunities for strengthening economic cooperation and advancing industrial integration between the two countries. The meeting was attended by South
Egypt detains 136 foreigners and 87 citizens in southern military sweep against illegal mining and trafficking
Egypt’s law enforcement forces have detained 87 Egyptian citizens and 136 foreign nationals during a large-scale security operation against criminal networks in the Southern Military Region, the Egyptian Armed Forces spokesperson said in a Monday statement. The campaign targeted criminal
Titan, SolarizEgypt partner to build 11.45 MW solar power plant at Beni Suef Cement
Titan Egypt has announced the signing of a long-term Power Purchase Agreement (PPA) with SolarizEgypt to develop and construct an 11.45 MW solar power plant for Beni Suef Cement Company, a subsidiary of Titan Egypt. This step reflects both companies’