Norway’s Scatec, Orascom-led consortium to build 2 wind power plants in Egypt with $9bn investments
Norway's Scatec and an Orascom Construction-led consortium have separately secured land allocations for two major wind power projects in Egypt's Sohag Governorate. With a combined capacity of 8 gigawatts (GW),…
Egyptian Exchange navigates market turbulence
Analysts weigh in on investment opportunities amidst declines
Mazaya Developments launches 4th project in New Capital with EGP 5bn investment
Mazaya Developments has unveiled its fourth venture in the MU23 zone of the New Administrative Capital (NAC), marking an investment milestone of EGP 5bn. Mohamed Allam, Chairperson of Mazaya Developments,…
US Embassy in Cairo announces Egyptian-American musical fusion tour
The US Embassy in Cairo is excited to announce an Egyptian-American musical fusion tour, headlined by the award-winning American vocal music ensemble, The Beatbox House. As a highlight of their…
Swiss-Egyptian high-level delegation visits SCZONE, Orascom Industrial Park
A high-level Swiss-Egyptian delegation visited the Suez Canal Economic Zone (SCZONE) and Orascom Industrial Park, marking a significant milestone in the collaborative efforts of the United Nations Industrial Development Organization…
211,000 projects financed through Mashrou’ak program at EGP 28.3bn: Minister of Local Development
Local Development Fund finances 30,000 projects worth EGP 229m
Trade exchange between Egypt, Kuwait totals $3bn in 2023: CAPMAS
Remittances from Egyptians in Kuwait decrease to $2bn in FY 2022/23
Egypt remains a pivotal economic ally in North Africa: Dutch Ambassador
The Embassy of the Kingdom of the Netherlands in Egypt commemorated King’s Day on Sunday; the Dutch National Day, celebrating King Willem Alexander’s birthday. Distinguished Egyptian dignitaries and prominent personalities,…
Egypt on cusp of Korean ‘Golden Eagle’ light combat aircraft deal
Deal includes tech transfer for Egypt to build, export FA-50 "Golden Eagle" light combat and advanced training jets
Madinet Masr Launches “Sheya”, The Latest Project in Sarai with Total Sales of EGP 5.1 Billion
The launch of “Sheya” project represents a new addition in Madinet Masr portfolio of successes which extends over 65 years