News

Agiba Petroleum Company, the joint venture between the Egyptian General Petroleum Corporation (EGPC) and Italy’s Eni, has commenced production from the newly discovered Arcadia West field in Egypt’s ...
Al Ahram Beverages compliments 120+ years of operation in Egypt through new investment of €30M and new HQ Al Ahram Beverages Company (ABC) is pleased to announce a new executive office after 18 years ...
The Egyptian Natural Gas Holding Company (EGAS) has awarded six new exploration blocks to several international companies, in a move aimed at boosting investments in oil and gas exploration, according ...
Remittances from Egyptians working abroad witnessed an unprecedented historic surge during the ten-month period from July to April of FY2024/2025, soaring by 77.1% to reach approximately $29.4 billion ...
U Consumer Finance S.A.E., known under the trademark Valu, a subsidiary of EFG Holding, and EFG Holding are pleased to announce that Amazon has agreed to exercise its ...
Egypt’s medical exports recorded approximately $370 million during the first five months of 2025, marking a significant increase from $278 million during the same period in 2024—a growth rate of 33.1% ...
In a move to strengthen the digital payments landscape and enhance financial service security and efficiency, the Central Bank of Egypt (CBE) has announced the issuance of new regulations governing ...
The World Investment Report 2024, issued by the United Nations Conference on Trade and Development (UNCTAD), revealed that Egypt successfully attracted $47 billion in foreign direct investment (FDI) ...
Egypt recorded a significant increase in foreign direct investment (FDI) in 2024, according to the World Investment Report 2025, launched today by UN Trade and Development (UNCTAD) in cooperation with ...
Egypt was among the few countries to record a significant rise in international project finance in 2024, at a time when such flows declined globally, according to Richard Bolwijn, Director of the ...
Al-Mashat said the report echoes global calls to scale up private sector financing for sustainable development, aligning closely with Egypt’s national reform agenda. She pointed to Egypt’s role as a ...