Day: January 26, 2026

Private equity firm Adenia Partners has signed definitive agreements to acquire a majority stake in Egypt’s Parkville Pharmaceuticals from Admaius Capital Partners and the company’s founders, the parties announced on Monday. The transaction, which remains subject to customary closing conditions and regulatory approvals, marks the first exit for Admaius Capital…

Egypt’s Minister of Health and Population Khaled Abdel Ghaffar met with a delegation from China’s Mindray, a leading global manufacturer of medical equipment, to discuss strengthening cooperation in localising medical device manufacturing—particularly smart imaging technologies—and expanding the deployment of smart hospitals across Egypt, the Ministry of Health said. Ministry spokesperson…

A South African trade mission comprising 15 companies is visiting Egypt from 24 to 28 January as part of efforts to strengthen bilateral economic, trade and investment relations between the two countries. The visit is organised by the Egyptian Commercial Office in Pretoria, headed by Commercial Counsellor Ihab Salah El-Din,…

Egypt is set to host “Ai Everything Middle East & Africa 2026,” the region’s first dedicated all-AI global summit and exhibition, on 11–12 February 2026 at the Egypt International Exhibition Center (EIEC) in Cairo. The landmark event will bring together more than 350 global enterprises, startups, investors and innovation showcases,…

Egypt’s Deputy Prime Minister and Minister of Health and Population Khaled Abdel Ghaffar said on Monday that the healthcare sector ranks among the most attractive areas for investment in Egypt, describing healthcare not only as a social priority but also as a strategic economic investment that supports inclusive growth and…

Egypt repaid $8.645bn in external debt—covering both principal and interest—during the fourth quarter (Q4) of FY 2024/2025, according to a report issued by the Central Bank of Egypt (CBE). The CBE said the repayments included $1.895bn in interest payments and $6.749bn in principal instalments, compared with total repayments of $8.784bn…

Egypt’s engineering exports maintained strong momentum in 2025, recording a 13% year-on-year increase to reach approximately $6.5bn, up from $5.7bn in 2024. This represents the highest export value ever achieved by the engineering industries sector, according to the Engineering Export Council of Egypt (EECE). On a monthly basis, December 2025…

Mohamed El-Shimy, Minister of Public Enterprises Sector, held an expanded meeting to review the executive status of the chlorine tablets and granules (TCCA) production project at Misr Chemical Industries Company, a subsidiary of the Holding Company for Chemical Industries affiliated with the ministry. The project is being implemented in partnership…

Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel Al-Wazir met with a delegation from EliTe Solar to discuss the company’s expansion plans in Egypt and ways to address key operational challenges, within the framework of the state’s strategy to localise renewable energy manufacturing. The meeting…