Year: 2026

Egypt is targeting an increase in annual exports from $48bn to $100bn by 2030 through a new strategy that includes launching an integrated digital B2B platform to connect local manufacturers and integrate them into global supply chains, the Minister of Industry announced. Speaking at the monthly gathering of the American…

Cairo – June, 2026 – Oriental Weavers, the world’s leading manufacturer of woven carpets, celebrated 650 employees who have dedicated 30 years of service, commitment, and contribution to the Group at its Pioneers Medal ceremony. The celebration recognized an exceptional journey of loyalty and belonging that has played a vital…

Deputy Prime Minister for Economic Affairs Hussein Eissa reaffirmed the Egyptian government’s commitment to implementing a comprehensive program to support investment, improve the business climate and provide incentives aimed at attracting high-quality investments, transferring advanced technologies and localizing strategic industries. Eissa made the remarks during a meeting at the government…

Egypt signed investment, operation, and power purchase agreements worth $420m with Alcazar Energy for the 580-megawatt (MW) Gabal El Zeit wind power plant, the government said on Monday. The agreements, signed in the presence of Prime Minister Mostafa Madbouly, grant Alcazar the rights to invest in, operate, and manage the…

Egypt’s ready-made garments exports increased by 15% during the first four months of 2026, sustaining strong growth momentum amid rising demand from key international markets and ongoing efforts to diversify export destinations. According to the latest report issued by the Apparel Export Council of Egypt (AEC), the sector’s exports reached…

The Egyptian Exchange (EGX) announced on Monday the launch of futures contracts on the shares of Commercial International Bank (CIB) and Talaat Moustafa Group Holding (TMG), with trading set to begin on 18 June. The new contracts will be available with maturities of three and six months and a contract…

Egypt’s Minister of Industry, Khaled Hashem, met with Yousrey El-Sharkawi, Chairperson of the Egyptian African Businessmen’s Association (EABA), to discuss ways to strengthen industrial cooperation between Egypt and African countries and promote greater industrial integration across the continent. The meeting was attended by Hussein El Ghazawy, the minister’s advisor for…

Beltone Mortgage, a subsidiary of Beltone Holding, has signed a partnership agreement with Coldwell Banker Egypt to provide mortgage financing solutions for ready-to-move residential properties, aiming to simplify the home-buying process and expand access to financing. Under the agreement, homebuyers will be able to secure mortgage financing through Beltone Mortgage…