Egypt has taken a significant step in advancing its digital economy and logistics capabilities with the inauguration of the Middle East and North Africa's largest quick-commerce fulfilment centre, developed by Talabat Egypt.
Representing the Prime (...)
Walid Gamal El-Din, Chairperson of the Suez Canal Economic Zone (SCZONE), witnessed the signing of a landmark agreement with Alpha Smart, a company specializing in investment and industrial development, to establish a fully integrated complex of (...)
Egypt's Suez Canal Economic Zone (SCZONE) and UAE-based Alpha Smart signed a $100 million agreement on Tuesday to develop an integrated, ready-made factories complex in the Sokhna Industrial Zone. The project will cover 500,000 square metres and is (...)
Amid shifting global supply chains and evolving partnerships across the Middle East and North Africa, Egypt stands at a pivotal geopolitical crossroads. With its unmatched geographic positioning and the vital artery of the Suez Canal, the country (...)
Egypt and Russia are advancing cooperation on maritime navigation and major joint infrastructure ventures, including the El Dabaa nuclear power plant and a Suez Canal industrial zone, officials announced following discussions in Cairo on Monday.
The (...)
Egypt's Suez Canal Economic Zone (SCZONE) signed on Monday an $8 million deal with two Turkish companies, Dinamik Raus Tekstil and YILTEM Apparel, to establish a ready-made garments and textiles factory in the West Qantara Industrial Zone.
The (...)
Egypt said on Monday it discussed a proposed container terminal at Ain Sokhna Port with Chinese firms Jiangsu Port Logistics Group Co., Ltd. and Shanghai Huanji International Logistics Co., Ltd., with an initial investment of $400 million.
The (...)
In the heart of Washington, where global policies are shaped, alliances forged, and strategic interests converge, Egypt faces a complex challenge: how to reassert itself as a central and indispensable partner to the United States in a region (...)
Egypt produces around 1.1 million tonnes of methanol annually, meeting domestic industrial demand while exporting surplus volumes to global markets, Minister of Petroleum and Mineral Resources Karim Badawi said.
Speaking at the general assembly (...)
Think tanks and research centres in the United States play a pivotal role in shaping policymaking; not merely as academic observers, but as influential actors that help frame future scenarios guiding US domestic and foreign policy.
Institutions in (...)
Egyptian President Abdel Fattah Al-Sisi outlined Cairo's core vision for the Middle East on Saturday during an address marking the 44th anniversary of the liberation of the Sinai Peninsula, stating that the region's future must be built on (...)
New Cairo has steadily evolved into one of the most significant urban expansions in Greater Cairo, attracting both residents and investors seeking a modern, well-planned living environment. As demand continues to grow, interest in New Cairo units (...)
Egypt's Prime Minister Moustafa Madbouly inaugurated on Thursday the Green Recycle Limited plastics recycling factory in the integrated Sokhna Industrial Zone, with investments of $5 million.
The project is built on an area of 30,000 square metres, (...)
Egypt's Prime Minister Moustafa Madbouly inaugurated on Thursday the expansion of Ateco Pharma Egypt for intravenous medical solutions in the Sokhna Industrial Zone, with investments of $10 million for the second phase, bringing total investments in (...)
Egypt's Prime Minister Moustafa Madbouly inaugurated on Thursday the Borex Glass Co. factory in the Sokhna Industrial Zone, with investments of up to $8 million.
The factory, located within the TEDA Egypt industrial developer area, specialises in (...)
Egypt's stock market (EGX) closed mostly in the green area on Wednesday.
* The benchmark index, EGX30, went down by 0.03 per cent to 51,962.39 points.
* The Shariah index, EGX33, advanced by 0.61 per cent, to 5,514.55 points.
* The EGX35-LV index (...)
Egypt's Suez Canal Economic Zone (SCZONE) on Wednesday signed an agreement with Türkiye's Ela Textile to establish a garment and denim manufacturing plant in West Qantara Industrial Zone, with investments of $16.5 million.
The project will cover (...)
Egypt's Cabinet approved on Wednesday the establishment of a joint-stock company under the Suez Canal Authority (SCA) to carry out dredging and marine works projects in partnership with a private sector firm.
The decision was taken during the (...)
Talaat Moustafa Group (TMG) Holding will open reservations on Tuesday for "The Spine," an EGP 69bn mixed-use development targeting first-phase delivery within four years, the company's chief executive said.
The National Bank of Egypt holds a 24.5 (...)
Despite mounting geopolitical tensions in the Middle East and ongoing shifts in the global economy, Egypt and the United States continue to anchor a resilient strategic partnership that extends well beyond political cycles, according to senior (...)
Egyptian Prime Minister Mostafa Madbouly has pitched his country as a strategic gateway to the Middle East and Africa for Finnish investors, urging them to explore opportunities in priority sectors such as digital transformation, clean energy, and (...)
Egypt's Suez Canal Authority Chairman Osama Rabie, met on Tuesday with Wei Jianqing, Vice Chairman of Egypt TEDA Investment and General Manager of Teda China-Africa, to discuss strengthening cooperation in industrial and logistics sectors.
Rabie (...)
Egypt's stock market (EGX) closed in the green area on Sunday.
* The benchmark index, EGX30, climbed by 1.82 per cent, to 52,372.64 points.
* The Shariah index, EGX33, jumped by 1.59 per cent to 5,472.63 points.
* The index EGX35-LV soared by (...)
Suez Canal Bank has signed a tripartite cooperation protocol with eHealth and eAswaaq—both affiliates of eFinance Investment Group—with the aim of supporting and developing Egypt's healthcare sector by providing integrated financing solutions and (...)
Egypt's Suez Canal Authority (SCA) has begun construction of a 60-passenger electric river bus as part of a broader push to localise maritime manufacturing and modernise the country's transport fleet.
The vessel, being built for Cairo Governorate at (...)
