This initiative aims to offer affordable financing solutions for young entrepreneurs, with a particular focus on priority sectors that drive production and innovation.

British International Investment (BII) has announced the signing of agreements exceeding $300 million to support two major renewable energy projects in Egypt, a 1.1 GW wind farm in the Gulf of Suez ...

Egypt’s auto market continued its rebound in May, with total vehicle sales rising 15.9% month-on-month to reach 14.3k units — the highest monthly volume since June 2022, according to data from the ...

The Ministry of Finance announced that it will begin disbursing 50% of overdue payments to exporters—related to shipments made before the end of June 2024—in cash, starting Thursday, August 7, 2025.

The Egyptian government has successfully issued its second sovereign sukuk, compliant with Islamic Sharia principles, with a total value of $1 billion. The sukuk was offered as a private placement ...

Minister of Planning, Economic Development and International Cooperation, Rania Al-Mashat, reaffirmed Egypt’s commitment to positioning itself as a platform for international investment and ...

The Egyptian government signed a series of major agreements with development partners and private sector entities during the Development Finance to Foster Private Sector-Led Growth & Jobs conference.

Business Today ...

Egypt’s foreign trade surged to approximately $64.923 billion during the first half of FY2024/2025, according to a recent report by the Central Bank of Egypt (CBE). The country’s import bill dominated ...

Halliburton marks 25 years of hydraulic fracturing in Egypt, announces AI platform "Zeus iQ" to enhance production efficiency.

Fitch Solutions’ research arm BMI has revised its forecast for Egypt’s economic growth in FY2025/2026, lowering it slightly to 4.7%, down from an earlier estimate of 5.0%. The downgrade reflects ...