Egypt repays $8.65bn in external debt in Q4 FY 2024/25: CBE

Egypt repaid $8.645bn in external debt—covering both principal and interest—during the fourth quarter (Q4) of FY 2024/2025, according to a report issued by the Central Bank of Egypt (CBE). The CBE said the repayments included $1.895bn in interest payments and $6.749bn in principal instalments, compared with total repayments of $8.784bn…

Engineering exports hit record high of $6.5bn in 2025

Egypt’s engineering exports maintained strong momentum in 2025, recording a 13% year-on-year increase to reach approximately $6.5bn, up from $5.7bn in 2024. This represents the highest export value ever achieved by the engineering industries sector, according to the Engineering Export Council of Egypt (EECE). On a monthly basis, December 2025…

Egypt, EliTe Solar review expansion plans, local manufacturing strategy

Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel Al-Wazir met with a delegation from EliTe Solar to discuss the company’s expansion plans in Egypt and ways to address key operational challenges, within the framework of the state’s strategy to localise renewable energy manufacturing. The meeting…

Egypt-Switzerland trade exchange hits $2.3bn in 2025: El-Khatib

Hassan El-Khatib, Minister of Investment and Foreign Trade, took part in the Egyptian-Swiss Economic Forum organised by the Swiss Chamber of Commerce in Egypt, underscoring the depth and momentum of economic relations between the two countries. The forum was attended by Khaled Abdel Ghaffar, Deputy Prime Minister for Human Development…

GAFI hosts Canadian business delegation to explore investment opportunities

The General Authority for Investment and Free Zones (GAFI) hosted a delegation of Canadian business leaders from the Canada–Egypt Business Council (CEBC) to explore investment opportunities and strengthen economic cooperation between Egypt and Canada. During the meeting, GAFI delivered a comprehensive presentation on Egypt’s investment climate, highlighting the competitive advantages…