Category: News

The West Port Said port received the Palau-flagged cruise ship Astoria Grande on its maiden visit on Monday, carrying 414 passengers and 409 crew members on a voyage from Turkey, the Suez Canal Economic Zone (SCZone) said in a statement. The vessel, arriving from the Turkish port of Kusadasi as…

Egypt-China trade reached approximately $20.8bn in 2025, with Chinese exports to Egypt accounting for nearly $19.9bn, compared with just $819m in Egyptian exports to China, Head of the Egyptian Commercial Service Abdel Aziz Elsherif said. The figures highlight both the scale of the economic partnership between the two countries and…

Industry Minister Khaled Hashem said the alloys industry is a complementary industry under Egypt’s industrial strategy and a key input for iron, steel and heavy industries. It also helps maximize the use of mineral resources and increase the added value of local raw materials. Speaking on Sunday, August 16, 2026,…

Finance Minister Ahmed Kouchouk said the government is working to simplify customs concepts and procedures to ensure consistent customs practices and facilitate processes for investors, as part of an integrated institutional reform strategy aimed at improving customs awareness among employees and investors. Kouchouk said in a statement on Sunday that…

Egypt’s Minister of Industry Khaled Hashem inspected the manganese alloy plant operated by Sinai Manganese Company during his first visit to the Abu Zenima Industrial Zone in South Sinai, reviewing the company’s production operations and expansion plans, including a target to raise annual production capacity to 50,000 tonnes by the…

Saudi Arabia-headquartered East Consulting Engineering Company (ecec) has signed a memorandum of understanding (MoU) with Siemens Smart Infrastructure to expand technical cooperation across key sectors in the Kingdom, including energy, industry, water, data centers, and mechanical, electrical, and plumbing (MEP) projects. The agreement was signed by Hisam Siddiqui, Chief Commercial…

Al Rehab Developments is preparing an expansion plan for the Egyptian real estate market, with a focus on Sadat City, as the company seeks to grow its investment portfolio, which currently stands at around EGP 5bn. With more than nine years of experience in the market, the company currently has…

Ahmed Elbatrawy, CEO and Founder of Egyptian Real Estate Platform, said the future of Egypt’s real estate market is closely tied to the sector’s ability to adopt technology and apply it effectively, stressing that digital transformation could help position real estate as one of the country’s strongest sources of economic…