The African agribusiness market reached approximately $280bn in 2023, according to estimates by the African Development Bank (AfDB), with $35bn representing the Egyptian market alone. It is expected to grow to $1tr by 2030, at an annual growth rate (...)
Abdel Aziz Elsherif, Head of the Egyptian Commercial Service (ECS), met with Fadel Marzouk, Chairperson of the Apparel Export Council of Egypt (AECE), to discuss a comprehensive plan to boost Egyptian exports of ready-to-wear garments and textiles. (...)
Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel Al-Wazir has announced that the government is studying the conversion of the Helwan Iron and Steel Company into a major complex for textile industries and (...)
The foreign ministers of Egypt and Turkey on Saturday discussed the "humanitarian catastrophe" in Gaza and other regional crises, and agreed to work on boosting bilateral trade to $15bn, Egypt's foreign ministry said.
Egyptian Foreign Minister Badr (...)
India will continue to purchase cheap Russian oil despite threats of sanctions from U.S. President Donald Trump, Indian officials said on Saturday, in the latest development in a matter New Delhi believed had been settled, according to The New York (...)
The Gold and Precious Metals Division at the Federation of Egyptian Industries (FEI) prepares a comprehensive strategy to revitalise Egypt's struggling silver industry. The plan will propose a series of measures to be submitted to the relevant (...)
With a style rooted in authenticity and a voice that resonates across borders, Moroccan pop singer Abdelhafid Douzi speaks to the Arab world from the heart. In this conversation, he reflects on his growing connection with Egyptian audience, the (...)
The Organisation for Economic Co-operation and Development (OECD) and the Egyptian government have launched a report on small and medium-sized enterprise (SME) policy, which Cairo will use to update its national strategy for the vital sector, the (...)
Egypt's Chemicals and Fertilizers Export Council has reported an 18% year-on-year increase in sector exports during the first four months of 2025, with total exports reaching $3.14bn—up from approximately $2.73bn during the same period in (...)
As part of ongoing efforts to strengthen Turkish investments in Egypt, Minister of Foreign Affairs and Immigration Badr Abdelatty met with a group of Turkish business leaders in Istanbul on the sidelines of the Organisation of Islamic Cooperation's (...)
Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), has been named "Governor of the Year 2025" by the Union of Arab Banks. The award was presented during a high-profile ceremony in Paris, on the sidelines of the Arab International Banking (...)
Waleid Gamal El-Din, Chairperson of the Suez Canal Economic Zone (SCZONE), signed an agreement on Wednesday with Turkish company Ulusoy Tekstil San. Tic. A.Ş to establish a yarn and textile production factory in the West Qantara Industrial (...)
Egypt has approved a free trade agreement with Serbia that will gradually eliminate customs duties, Prime Minister Mostafa Madbouly announced, noting that bilateral trade has more than tripled to around $300m since 2022.
Speaking at the (...)
The head of the Federation of Egyptian Chambers of Commerce has urged Serbian businesses to use Egypt as a joint manufacturing and logistics centre for exporting to Africa, Europe, and the Middle East, citing recent economic reforms and extensive (...)
Egypt has been selected as one of seven countries to benefit from the Climate Investment Funds' (CIF) $1bn Industrial Decarbonisation Programme, Minister of Planning, Economic Development and International Cooperation Rania Al-Mashat announced on (...)
Egypt's Prime Minister Moustafa Madbouly on Tuesday said a newly ratified free trade agreement with Serbia will help accelerate trade and investment, as bilateral commerce has already more than tripled since 2022.
Speaking at the Egypt-Serbia (...)
Egypt's Small and medium enterprises (SMEs) account for over 90 per cent of Egypt's economic activity but continue to face barriers to innovation, productivity, and formalisation, according to a new report by the Organisation for Economic (...)
Türkiye is ready to work closely with Egypt to promote sustainable coastal development and tackle environmental challenges, Turkish Ambassador to Cairo Salih Mutlu Şen said on Sunday.
Speaking at the 10th Builders of Egypt Forum, Şen said joint (...)
France and Saudi Arabia, co-chairs of the UN High-Level Conference on the Peaceful Resolution of the Palestinian Question and Implementation of the Two-State Solution, along with heads of its working groups, voiced concern on Tuesday over the (...)
Foreign ministers of 22 Arab and Islamic nations issued a joint communique on Monday night condemning the Israeli attacks on the Islamic Republic of Iran that began in the early hours of June 13, 2025. The signatories described the strikes as a (...)
The Climate Investment Fund (CIF) selected Egypt among seven countries to benefit from its $1 billion programme aimed at cutting emissions in the industrial sector of developing economies, as per a Cabinet statement.
The initiative, the first global (...)
Egypt exported 175,000 tons of food products in the week ending July 18, 2025, with potatoes and grapes topping the list of outbound shipments, the National Food Safety Authority (NFSA) reported on Sunday.
A total of 3,250 consignments were exported (...)
Armenia and Azerbaijan are set to sign a US-brokered peace framework at the White House on Friday, granting the United States exclusive development rights to a strategic transit corridor through Armenia, officials told Reuters on Thursday.
The deal, (...)
Over the past decade, Egypt has undergone sweeping economic changes, with industry positioned as a cornerstone of sustainable growth. Yet amid these transformations, the plight of distressed or shuttered factories has emerged as a sensitive (...)
Egypt's Minister of Industry and Transport Kamel El-Wazir inspected on Sunday the Technotex Garment Factory in the Second Industrial Zone of 15th of May City, according to a Cabinet statement.
The factory, a subsidiary of El-Nile Group, spans 55,000 (...)
