Egypt’s Al-Sisi offers to host talks to support DRC peace process in call with Tshisekedi
Egyptian President Abdel Fattah Al-Sisi offered to host meetings to facilitate the settlement of the conflict in the Democratic Republic of Congo (DRC) during a phone call with President Felix…
Egypt’s Abdelatty proposes hospital project, infrastructure support in Gambia
Egypt's Foreign Minister Badr Abdelatty said on Wednesday that Cairo plans to establish an investment hospital in Banjul staffed by Egyptian medical professionals as part of a broader effort to…
Cabinet grants golden licenses to MAC, Deli Egypt for EGP 15.1bn in new investments
The Egyptian Cabinet, chaired by Prime Minister Mostafa Madbouly, approved a package of major decisions during its 71st meeting, underscoring efforts to localise industry, attract foreign investment, expand clean energy,…
PM says Egypt’s non-oil exports expected to reach $48-50bn this year
Egypt expects its non-oil merchandise exports to reach between $48bn and $50bn by the end of the current year, marking a 20% annual growth rate, Prime Minister Mostafa Madbouly said…
IBF & Company acquires 50% stake in Diatom CBT to drive cross-border e-commerce expansion
IBF & Company has completed the acquisition of a 50% equity stake in Diatom CBT, a cross-border technology company operating in the UAE and Egypt, in a move aimed at…
African Development Fund secures record $11bn replenishment, marking pivot toward investment-led growth
The African Development Fund (ADF), the concessional financing arm of the African Development Bank Group, has secured a record $11bn for its 17th replenishment (ADF-17)—the largest fundraising outcome in the…
Egypt steps up coordination on irrigation, agriculture and transport projects
Egypt’s Minister of Water Resources and Irrigation, Hany Sewilam, met on Wednesday with Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, and Minister of…
ElAraby ends Toshiba partnership, announces nearly $500m in new home appliance investments
ElAraby Group announced during a press conference that it will formally conclude all industrial and commercial agreements with Toshiba Home Appliances by the end of 2025. The Group also unveiled…
Egypt’s Suez Canal Authority seeks African market expansion with Namibia port deal
The Suez Canal Authority (SCA) is ready to open new markets and expand its presence across the African continent, Chairperson Osama Rabie said on Wednesday, as the authority signed a…
Egypt explores opportunities to expand sustainable environmental investment in natural reserves
Manal Awad, Minister of Local Development and Acting Minister of Environment, held a meeting with a group of investors to discuss opportunities to expand sustainable environmental investment in Egypt’s natural…