The Central Bank of Egypt (CBE) announced a significant surge in remittances from Egyptians working abroad, which reached $20 billion during the first seven months of FY2024/2025, compared to ...

Minister of Planning, Economic Development, and International Cooperation, Rania Al-Mashat, announced that public investments allocated to Egypt’s Information and Communications Technology (ICT) ...

Suez Canal revenues saw a sharp decline of 61% in 2024, falling to $3.9 billion compared to $10.2 billion in 2023, according to Osama Rabie, Chairman of the Suez Canal Authority (SCA). The ...

Mostafa Madbouly, Prime Minister, confirmed that the final draft of the Export Subsidy Program has been completed and is scheduled to be implemented starting July 1st for a period of three years. In a ...

Trade relations between Egypt and France continued to strengthen in 2024, with the total volume of trade reaching $2.9 billion, up from $2.5 billion in 2023, according to data from the Central Agency ...

Egypt has signed an advisory services agreement between the Egyptian government and the International Finance Corporation (IFC), the private sector arm of the World Bank, aimed at expanding private ...

The Suez Canal Economic Zone (SCZone) has signed a land usufruct agreement with Jiangsu Guotai, a leading Chinese textile and garment company, to establish a ready-made garment factory in Qantara West ...

A recent report by Jefferies Investment Bank, a leading firm in shipping statistics, reported that based on Automatic Identification System (AIS) tracking, approximately 200 commercial shipping ...

Egypt’s Holding Company for Maritime and Land Transport signed a Memorandum of understanding) MoU(with Elsewedy Electric to establish a $500 million subsea cable factory in the newly designated ...

Al-Organi Group and El-Garhy Group have announced the signing of a Memorandum of Understanding (MoU) between ODI, a subsidiary of Al-Organi Group, and Al-Wahda for Industrial Development, a subsidiary ...

Egypt's non-oil private sector experienced its first contraction of 2025 in March, marking a significant downturn in business conditions. The latest data from the S&P Global Egypt Purchasing Managers’ ...

Rania Al-Mashat, Egypt’s Minister of Planning, Economic Development, and International Cooperation, announced that the trade volume between Egypt and the United Kingdom reached £4.7 billion in 2024.