Egypt’s Consumer Protection Agency seizes over 290 tonnes of illicit goods in two-month nationwide crackdown
Egypt’s Consumer Protection Agency (CPA) conducted 1,358 nationwide campaigns between 1 March and 28 April, seizing 3,475 violations and over 290 tonnes of unfit or untraceable goods as part of a government mandate to curb price manipulation and ensure the
Egypt works to open investment avenues for Czech pension funds: Minister
Mohamed Farid, Minister of Investment and Foreign Trade, said Egypt is actively working to enable Czech pension funds to access investment opportunities in the local market, as part of broader efforts to deepen economic cooperation with the Czech Republic. His
Egypt aims to boost mining to 6% of GDP, plans first aerial survey since 1984
Egypt aims to increase the mining sector’s contribution to its gross domestic product (GDP) to approximately 6% from less than 1% currently, and will launch a comprehensive aerial geophysical survey for minerals in June, the country’s petroleum and mineral resources
Egypt, Japan seek to expand industrial cooperation, investment
Egypt’s Minister of Industry, Khaled Hashem, met with Japan’s Ambassador to Egypt, Iwai Fumio, to review current Japanese investments, explore potential expansions, and identify new opportunities across the Egyptian market. The meeting, attended by Assistant Minister for International Cooperation Ahmed
Alpha Smart launches $100m integrated factory complex in Sokhna
Walid Gamal El-Din, Chairperson of the Suez Canal Economic Zone (SCZONE), witnessed the signing of a landmark agreement with Alpha Smart, a company specializing in investment and industrial development, to establish a fully integrated complex of ready-made factories in the
Egypt seals rail deals to localize 500 AC coaches, boost fleet modernization
Egypt’s Ministry of Transport has overseen the signing of two landmark agreements between Egyptian National Railways and the National Egyptian Railway Industries Company (NERIC), advancing efforts to localize railway manufacturing and strengthen maintenance capacity. The agreements were signed at NERIC’s
French companies plan new renewable energy projects in Egypt, ambassador says
French companies are planning multiple new projects in Egypt’s clean and renewable energy sectors in the coming period, the French ambassador to Cairo confirmed during discussions on national power grid modernisation with Egypt’s electricity minister. Ambassador Eric Chevallier stated that
CIB completes EGP 1.307bn securitisation issuance for B.TECH
Commercial International Bank – Egypt (CIB) has completed an EGP 1.307bn securitisation issuance for B.TECH, acting as the exclusive financial advisor, lead arranger, issuance manager, promoter, and underwriter for the transaction. The single-tranche issuance, which carries a 12-month maturity, is
Opella appoints Murali Rao as AMET Brand and Innovation Head
Healthcare company Opella has appointed Murali Rao as its Brand and Innovation Head for the Africa, Middle East and Turkey (AMET) zone, mandating him to steer the firm’s brand portfolio and innovation roadmap. Rao, who joined the company in 2024,
Egypt, Kenya deepen health, pharmaceutical cooperation to strengthen African health security
Egypt and Kenya have explored ways to expand cooperation in healthcare and the pharmaceutical industry, as Egyptian Health Minister Khaled Abdel Ghaffar took part in the Global Health Summit Nairobi. According to Egypt’s health ministry, Abdel Ghaffar led the country’s official