Egypt’s economy records 5.1% growth in 2025/2026

Egypt’s economy grew 5.1 percent in the 2025/2026 fiscal year, exceeding forecasts by major international financial institutions, Minister of Planning and Economic Development Ahmed Rostom said on Wednesday September 9,2026. Rostom announced the figure during meetings with executives from major regional and international banks on the sidelines of the AIM…

Haier Egypt plans expansion, seeks to increase local component content

Egypt’s Minister of Industry Khaled Hashem has met with senior representatives of Haier Egypt for Electrical Appliances, led by CEO Yang Linping, to review the company’s current projects and expansion plans in the Egyptian market. The company currently operates an environmentally friendly industrial complex in 10th of Ramadan City spanning…