Africa-focused private equity firm Adenia Partners has signed definitive agreements to acquire a majority stake in Parkville Pharmaceuticals, marking its first majority investment in Egypt.
The stake was acquired from Admaius Capital Partners, (...)
Minister of Petroleum and Mineral Resources Karim Badawi underscored the strategic role of the Egyptian Petrochemicals Company in localising the production of key industrial materials, praising its efforts as a public-sector enterprise to (...)
Egypt's Deputy Prime Minister for Human Development and Minister of Health, Khaled Abdel Ghaffar, attended celebrations hosted by the Indian Embassy in Cairo marking the 77th anniversary of India's Republic Day, reaffirming Cairo's commitment to (...)
Egypt's National Centre for Planning Stateland Uses (NCPSLU) has approved the allocation of 6,050.68 acres for the establishment of New Matrouh City and the transfer of 46 land plots to the "Future of Egypt" for Sustainable Development project.
The (...)
Egypt's non-oil exports rose by 17% to $48.567bn in 2025, up from $41.507bn in 2024, while the trade deficit narrowed by 9% to $34.447bn, according to the latest foreign trade indicators reviewed by Minister of Investment and Foreign Trade Hassan (...)
The Central Bank of Egypt (CBE) has signed a memorandum of understanding to launch the country's first specialised diploma in artificial intelligence (AI) for the banking sector, Governor Hassan Abdalla announced on Tuesday.
The initiative, launched (...)
Egypt's real estate sector is undergoing a comprehensive transformation aimed at enhancing transparency, standardising practices, and attracting foreign investment, according to Ahmed Ibrahim, Vice Chairperson of the New Urban Communities Authority (...)
Egypt is seeking to attract major global automakers to localise the production of electric vehicles and components as part of a national strategy to meet domestic demand and expand exports, Prime Minister Mostafa Madbouly said on Tuesday.
The Prime (...)
Egypt's Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, held talks with U.S. Deputy Secretary of State Christopher Landau on ways to strengthen bilateral cooperation in the transport and (...)
Egypt has opened the EGP 3.5bn Cleopatra Hospital Tagamoa (Sky) in East Cairo as part of a strategic shift to leverage private sector expertise in state-owned medical facilities, Prime Minister Mostafa Madbouly said on Tuesday.
The facility, which (...)
Egypt's Minister of Water Resources and Irrigation, Hany Sewilam, held a series of bilateral meetings with officials from Finland, Germany, and the Geneva Water Hub on the sidelines of a high-level preparatory meeting for the United Nations Water (...)
Egypt and Jordan on Tuesday called for the full implementation of the Gaza ceasefire agreement and the comprehensive peace plan proposed by US President Donald Trump, affirming support for a transitional "Peace Council" to oversee the (...)
Egypt's Ministry of Petroleum and Mineral Resources signed a memorandum of understanding with China's Xingfa Group on Tuesday to evaluate phosphate, quartz, and silica sand ores for an industrial project in the Golden Triangle region.
The agreement, (...)
The Korean Cultural Centre in Cairo launched its inaugural "Ahlan Korea" monthly programme on Tuesday, beginning a year-long initiative to strengthen cultural ties between South Korea and Egypt through regional showcases.
The first edition of the (...)
Egyptian President Abdel Fattah Al-Sisi met with senior officials on Monday to review progress on a national prosthetics project and plans to establish an integrated industrial complex for the production of artificial limbs and assistive devices, in (...)
Egypt's Deputy Prime Minister and Minister of Health and Population Khaled Abdel Ghaffar said on Monday that the healthcare sector ranks among the most attractive areas for investment in Egypt, describing healthcare not only as a social priority but (...)
Egypt is set to host "Ai Everything Middle East & Africa 2026," the region's first dedicated all-AI global summit and exhibition, on 11–12 February 2026 at the Egypt International Exhibition Center (EIEC) in Cairo.
The landmark event will bring (...)
A South African trade mission comprising 15 companies is visiting Egypt from 24 to 28 January as part of efforts to strengthen bilateral economic, trade and investment relations between the two countries.
The visit is organised by the Egyptian (...)
Egypt's Minister of Health and Population Khaled Abdel Ghaffar met with a delegation from China's Mindray, a leading global manufacturer of medical equipment, to discuss strengthening cooperation in localising medical device (...)
Private equity firm Adenia Partners has signed definitive agreements to acquire a majority stake in Egypt's Parkville Pharmaceuticals from Admaius Capital Partners and the company's founders, the parties announced on Monday.
The transaction, which (...)
Egypt's National Council for Childhood and Motherhood (NCCM) will launch a pilot programme to provide girls with vocational and technical training to offer families economic alternatives to child marriage, the council's head said.
Child marriage is (...)
Hassan El-Khatib, Minister of Investment and Foreign Trade, took part in the Egyptian-Swiss Economic Forum organised by the Swiss Chamber of Commerce in Egypt, underscoring the depth and momentum of economic relations between the two countries.
The (...)
Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel Al-Wazir met with a delegation from EliTe Solar to discuss the company's expansion plans in Egypt and ways to address key operational challenges, within (...)
Egyptian Prime Minister Mostafa Madbouly said on Monday that government excellence should be an inherent work culture rather than a periodic award, as he honoured winners of the fourth Egypt Government Excellence Award.
"Excellence is not just a (...)
The foreign ministers of Egypt, Tunisia and Algeria on Monday called for the immediate withdrawal of all foreign forces, mercenaries and foreign fighters from Libya, asserting that a Libyan-Libyan solution remains the sole path to sustainable (...)