Egypt’s State Ownership Policy opens 85% of economy to private sector, says GAFI chief
Egypt's State Ownership Policy Document has paved the way for the local, Arab, and foreign private sector to contribute to economic development by stipulating the state's exit from economic sectors…
Surging Chinese investment drives expansion of Egypt’s free zones: GAFI chief
The surge in Chinese investment demand has been a key driver behind the expansion of Egypt’s free zones, which are now nearing full capacity, according to Hossam Heiba, CEO of…
Egypt keen to expand Arab private-sector investment in energy, mining: Petroleum Minister
Petroleum and Mineral Resources Minister Kareem Badawi affirmed Egypt’s commitment to encouraging greater investment by private-sector partners from Arab countries in the energy and mining sectors. His remarks came during…
Egypt says Gulf investment flows jumped to $41bn in 2023/24
Investment flows from Gulf Arab nations into Egypt jumped to about $41bn in the 2023/2024 fiscal year, making up the largest share of foreign direct investment, Egyptian Minister of Investment…
Egypt’s Al-Sisi, Russian security chief discuss Gaza, Ukraine and bilateral ties
Egyptian President Abdel Fattah Al-Sisi met with the Secretary of Russia's Security Council, Sergey Shoigu, in Cairo on Monday to discuss regional and international issues, including the implementation of the…
Egyptians vote in 1st stage of lower house of parliament elections
Egyptians began voting on Monday in the first phase of elections for the House of Representatives, the country's main parliamentary chamber, a two-day vote held across 14 governorates. The polls…
Egypt’s net international reserves surpass $50bn for first time in October: CBE
The Central Bank of Egypt (CBE) announced that the country’s net international reserves exceeded the $50 billion mark for the first time in history, reaching $50.071bn in October 2025, up…
Egypt, Qatar intensify coordination as Gaza crisis worsens
Egypt and Qatar on Sunday called for a clearly defined mandate and powers for a proposed international force in Gaza to support early recovery and reconstruction efforts in the war-ravaged…
Madbouly launches pilot phase of Egypt’s High-Speed Rail at TransMEA 2025
During his visit to the TransMEA 2025 International Smart Transport Exhibition, Prime Minister Mostafa Madbouly inspected the Vilaro train on display and officially signaled the start of the pilot operation…
Prometeon showcases Egypt as strategic hub in regional growth plan at MEA Industry 2025
Prometeon Egypt, part of the global Prometeon Tyre Group—a leading manufacturer of commercial, agricultural, and off-the-road (OTR) tyres—highlighted its commitment to local manufacturing, technological advancement, and sustainable development during MEA…