العربية

Year: 2026

Egypt’s apparel exports rise 15% to $1.775bn in H1 2026

Egypt’s apparel exports increased by 15% year-on-year during the first half (H1) of 2026, reaching $1.775bn compared with $1.548bn during the same period in 2025, according to the Apparel Export Council (AEC). The council said the sector maintained strong growth momentum despite ongoing challenges affecting global trade, supported by increased…

Egypt to launch industrial investment fund, issue new iron production licences

Egypt is preparing to roll out a broad package of industrial reforms aimed at attracting investment, supporting manufacturers and expanding domestic production, Industry Minister Khaled Hashem announced on Tuesday, unveiling new financing mechanisms, regulatory changes, and sector-specific initiatives. Speaking at a press conference, Hashem said the Ministry of Industry will…

Egypt leads Africa in FDI inflows for fourth consecutive year

Egypt ranked first in Africa for attracting foreign direct investment (FDI) for the fourth consecutive year, recording inflows of $15.5 billion, while also placing second among Arab countries, reflecting investors’ confidence in the Egyptian economy and the country’s economic reform program, Minister of Investment and Foreign Trade Mohamed Farid Saleh…

Egypt, Uganda discuss expanding strategic agricultural partnership

Alaa Farouk, Minister of Agriculture and Land Reclamation, held talks with Uganda’s Minister of Agriculture, Animal Industry and Fisheries, Frank Kagyigyi Tumwebaze, and Minister of State for Agriculture, Animal Industry and Fisheries, Robert Ndugwa Mejadde, on strengthening bilateral cooperation and advancing the strategic partnership between the two countries across the…

Philips sees AI, flexible financing driving wider access to advanced healthcare in Egypt: Makhlouf

Philips is reinforcing its long-term commitment to Egypt by advancing AI-powered healthcare technologies, innovative financing solutions, and local capability building to support the country’s healthcare transformation. In an interview with Daily News Egypt, Ahmad Makhlouf, General Manager of Philips North Africa, discusses how the company is helping healthcare providers improve…

Yango Group backs Egypt’s Fincart in oversubscribed $2.8m seed round

Yango Group, the UAE-based technology company, has invested in Egypt’s Fincart through its corporate venture fund, Yango Ventures, as part of the AI-powered e-commerce operations platform’s oversubscribed $2.8m seed funding round. The investment will support Fincart’s product development, team expansion, and new commercial partnerships as the company prepares to expand…