Egypt, Japan sign 12 investment deals as Cairo floats industrial zone plan Egypt has been wooing foreign investment as it recovers from its worst financial downturn in over six decades. Egypt
Egypt to open four new free trade zones by end 2026: What to know The zones will be in 10th of Ramadan City, New October City, New Borg El Arab City, and New El Alamein City. Egypt
Analysis Egypt’s stocks boom 20% as global investors bet on economic turnaround Powered by banking, tobacco and building companies, the North African country's EGX30 index has soared to new records in August. By Samuel Wendel In Washington, DC, reporting on regional business and tech
China expands auto investment in Egypt with $1B Suez tire plant Egyptian Prime Minister Mostafa Madbouly said the project aligned with his country’s strategy to localize the automotive industry and manufacturing supply chains. Egypt
Egypt represents Africa in COP27 Cairo insists it will speak for African countries during the COP27, which it will host in November. Egypt
Oil spill darkens Egyptian tourist town Ahead of the Cop27, an oil spill in Egypt highlights the country’s inability to deal with environmental disasters. Egypt
Russia, South Korea cooperate on Egypt’s Dabaa nuclear plant South Korea has won a $2.25 billion deal to construct turbine buildings for Egypt’s first nuclear power plant in Dabaa, which Russia is currently constructing. Egypt
Saudi firm Alfanar to build green hydrogen plant in Egypt Saudi Arabia is helping Egypt boost its renewable energy capabilities. Egypt
Egypt to issue bonds in China’s currency yuan The US dollar may be losing its dominance in the Middle East to the yuan. Egypt
Egypt looks further afield for wheat Egypt recently bought 240,000 tons of wheat from Russia directly, as the government continues to work on plans to avert a food crisis and preserve local supplies. Egypt
Egypt restores massive statue of King Thutmose II Within the scope of the Ministry of Tourism and Antiquities’ efforts to restore monuments and paintings at the Karnak Temple complex in Luxor, the Supreme Council of Antiquities completed the restoration work of the statue of King Thutmose II on the southern facade of Karnak. Egypt
Cairo evicts Nile island residents for development project Egyptian security forces and residents of the Nile River's Warraq Island are clashing as the government tries to evict them as part of a development plan. Egypt
Egypt hosts five-state Arab summit The recent summit hosted by Egypt between the leaders of five Arab countries may serve as a prelude to more joint action on security and economic development. Egypt
Egypt rethinks water strategy, starting with new irrigation minister Egyptian President Abdel Fattah al-Sisi has appointed a new irrigation minister with wide experience in water resources in the context of the Nile crisis. Egypt
Egypt attracting more investment from Arab states Saudi Arabia and the UAE have invested heavily in Egypt recently, and Qatar may soon follow. Egypt
Israel to invest more in Egyptian renewable energy projects Israel plans to invest more in the field of power generation with renewable energy in Egypt, after two Israeli companies announced a major plan to carry out several projects to this effect. Egypt
