News

Private equity (PE) activity across the MENA region continued its downward trend in the first half of 2025, with investors shifting toward fewer, larger-scale deals. The number of PE transactions ...
The Egyptian-Canadian Business Council aims to increase Canadian investments in Egypt by 30% this year, surpassing $2.6 billion compared to the current $2 billion. Ahmed Khattab, a member of the ...
Minister of Planning, Economic Development and International Cooperation, Rania Al-Mashat, met with Mokhtar Aboul Atta, Head of Business Development for North Africa at Infinity Power, and Elly Aloko, ...
Egypt plans to issue up to $4 billion in international bonds over the next 12 months, according to Finance Minister Ahmed Kouchouk, who spoke to Bloomberg. The upcoming issuances are part of the ...
Earlier this month, the IMF announced that it would combine the fifth and sixth reviews of Egypt’s support program to give the authorities more time to meet the program's key targets.
The minister’s comments align with the government's ambition to see a 14% increase in total tourist arrivals by the end of 2025, aiming to attract 18 million tourists.
Egypt’s seasonally adjusted Purchasing Managers’ Index (PMI) declined to 48.8 in June 2025, down from 49.5 in May, according to the latest S&P Global PMI data. The country’s non-oil private sector ...
British International Investment (BII) has announced the signing of agreements exceeding $300 million to support two major renewable energy projects in Egypt, a 1.1 GW wind farm in the Gulf of Suez ...
Agiba Petroleum Company, the joint venture between the Egyptian General Petroleum Corporation (EGPC) and Italy’s Eni, has commenced production from the newly discovered Arcadia West field in Egypt’s ...
The Ministry of Finance announced that it will begin disbursing 50% of overdue payments to exporters—related to shipments made before the end of June 2024—in cash, starting Thursday, August 7, 2025.
President Abdel Fattah El-Sisi has instructed the government to expedite the process of offering Hurghada International Airport for partnership with the private sector before the end of this year. The ...