Egypt explores strengthening investment, trade ties with Oman
Mohamed Farid, Minister of Investment and Foreign Trade, met Qais bin Mohammed Al Yousef, Chairman of Oman’s Public Authority for Special Economic Zones and Free Zones (OPAZ), to discuss strengthening…
BP begins production from Fayoum 4 well in Egypt’s West Nile Delta
BP has started production from the Fayoum 4 well in Egypt’s West Nile Delta, adding new natural gas volumes to the domestic market as the company continues to invest in…
Investment minister launches second phase of ‘Egypt Exports’ initiative in Port Said
Minister of Investment and Foreign Trade Mohamed Farid, Port Said Governor Ibrahim Abu Limon, and Port Said University President Sherif Youssef Saleh launched the second phase of the “Egypt Exports”…
Suez earthquake raises alarm over Egypt’s hidden seismic risks
Shortly after 3 a.m. on 3 August, residents across Cairo, the Suez Canal cities and parts of the Nile Delta awoke to a tremor that lasted only seconds but was…
China’s Jieya to invest $67m in hygiene products manufacturing complex in Egypt’s Sokhna
Chinese company Jieya Egypt is investing $67 million to establish an integrated manufacturing complex for disposable hygiene products in the Sokhna Integrated Zone, part of the Suez Canal Economic Zone…
Egypt plans new 40m-capacity Terminal 4 at Cairo airport, as Al-Sisi urges private sector role
Egypt plans to construct a new Terminal 4 at Cairo International Airport with an annual capacity of 40 million passengers, as President Abdel Fattah Al-Sisi directed officials to enhance foreign…
Arab African International Bank posts highest first-half net profit in five years at $202.8m
Arab African International Bank (AAIB) recorded its highest first-half net profit in five years, reaching $202.8m for the first half of 2026, representing a 27% increase compared with the same…
Al Ismaelia, UNESCO and EUE Partner to Bring Youth Artists Programme to Downtown Cairo
Al Ismaelia for Real Estate Investment, UNESCO’s Regional Office for Egypt and Sudan, and European Universities in Egypt (EUE) have partnered to bring the Youth Artists Programme to Downtown Cairo,…
Egypt targets 1.5 million daily rail passengers by 2030, develops 2,250km high-speed network
Egypt is developing a 2,250km high-speed electric rail network, upgrading its 10,000km conventional railway system and targeting a combined capacity of around 4 million daily passengers on railways and high-speed…
FRA discusses proposed roadmap for implementing sustainability disclosure standards
The Financial Regulatory Authority (FRA) held a workshop in cooperation with the European Union and the United Nations Development Programme (UNDP) in Egypt to discuss a draft roadmap for implementing…