The Financial Regulatory Authority (FRA) approved the establishment of Flend Company for Financing Small and Medium Enterprises as a start-up company using financial technology. The committee for ...

Egypt’s trade balance deficit recorded a notable decline, reaching $3.66 billion in October 2024 compared to $4.36 billion in the same month of the previous year, reflecting a 16% decrease, according ...

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According to Fitch Solutions’ research unit, BMI, countries in the MENA region—particularly those in the Gulf Cooperation Council (GCC)—are expected to remain largely unaffected by direct tariffs from ...

Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI), said that Egypt attracted $9 billion in net FDI in the first half of 2025. In an interview with Asharq Bloomberg, Heiba ...

Chairman of the Export Council for Ready-Made Garments, Fadel Marzouk, announced that Egypt’s garment export sector achieved $2.043 billion from January to September this year, marking an 18% increase ...

The Egyptian-Canadian Business Council aims to increase Canadian investments in Egypt by 30% this year, surpassing $2.6 billion compared to the current $2 billion. Ahmed Khattab, a member of the ...

Honeywell’s Regional President for the Middle East and Africa, Khaled Hashem, announced that a feasibility study for the sustainable aviation fuel production project in Egypt has been completed, in ...

Egypt is considered an “excellent candidate” for investments among emerging markets within Qatar’s investment strategy, according to Qatari Finance Minister Ali bin Ahmed Al Kuwari, during the opening ...

The Egyptian government paid $1.2 billion of foreign oil companies’ late dues during the past week instead of next October, according to three government sources familiar with the file who spoke to ...

President Abdel Fattah El-Sisi followed up on the progress of the transport and industry ministry projects, particularly those related to the railway system, in a meeting with Mostafa Madbouly, Prime ...

The Egyptian economy continued to navigate turbulent waters in Q3 2024, but signs of stability and resilience are emerging. Inflation rates settled at 26.4% in September, explains consumer ...