Category: News

Egyptian President Abdel Fattah Al-Sisi discussed ways to strengthen industrial and economic cooperation with Tatarstan President Rustam Minnikhanov, including potential investment in the Russian industrial zone within the Suez Canal Economic Zone (SCZONE), the presidency said on Tuesday. In a statement, the presidency said Al-Sisi invited Tatarstan’s industrial developers and…

The Vice Chairman of the Egyptian Exchange (EGX) Mohamed Sabry said that as the receiving entity, the EGX aims to conduct initial public offerings (IPOs) for 20 state-owned companies shortly. Six of these companies have already applied for provisional listing, and the remaining companies are expected to apply next, Sabry…

Raedbots has officially launched as the first company in Egypt and the Middle East dedicated to the local design and manufacturing of industrial robots, aiming to meet rising demand for automation across regional industries. The company develops robotic systems in-house at its Cairo facilities, covering mechanical design, electronics, control systems,…

Egypt is aiming to produce 140 million human vaccine doses annually by 2030 under its “Vaccine City” project, the Ministry of Health said, as part of broader efforts to achieve self-sufficiency and expand exports to regional and international markets. In a statement, Health Minister Khaled Abdel Ghaffar reviewed the project’s…

Minister of Industry Khaled Hashem has issued a new decision regulating the licensing framework for establishing, managing, and operating industrial activities outside officially designated industrial zones. The decision, which will be published in the Egyptian Gazette and enters into force the day following publication, introduces a revised framework aimed at…

Egypt’s Foreign Minister Badr Abdelatty has met with Uganda’s State Minister for Foreign Affairs Henry Okello on the sidelines of the Invest in Uganda Forum, organized in cooperation with the Ugandan Embassy and the Egyptian African Businessmen’s Association. Abdelatty praised the growing momentum in ties between the two countries, citing…

Petrogulf, a subsidiary of the South Valley Egyptian Petroleum Holding Company, has raised production from its Gulf of Suez fields to around 26,600 barrels per day, up from approximately 17,000 barrels per day during the current 2025/2026 fiscal year, marking the highest output level since its establishment in 1982. The…