EU approves Egyptian farmed fish and crustacean exports

Egypt has been added to the list of countries authorised to export aquaculture products to the European Union for the first time, the National Food Safety Authority (NFSA) announced. The authorisation, which covers finfish, their products, and crustaceans, follows Egypt’s fulfilment of EU technical requirements and the implementation of a…

Egypt’s IDA streamlines rules for changing, expanding industrial activities

Egypt’s Industrial Development Authority (IDA) has introduced a new set of streamlined regulations allowing manufacturers to change or add industrial activities within approved industrial zones, in a move aimed at reducing administrative burdens and accelerating licensing procedures. Under the updated framework, factories can change their activity within the same industrial…

Egyptian unemployment rate drops to 6.3% in 2025 amidst economic reforms

Egypt’s unemployment rate fell to 6.3% in 2025, down from 6.6% the previous year, supported by effective economic reforms as the country’s workforce expanded to 34.15m, Planning and Economic Development Minister Ahmed Rostom said. The total workforce increased by 6.6% from 32.04m in 2024, indicating the labour market’s capacity to…

Egypt, South Sudan step up talks to boost investment, trade

Egypt’s Minister of Investment and Foreign Trade, Mohamed Farid, met with South Sudan’s Minister of Investment, Joseph Mum Majak, to advance bilateral cooperation in investment and trade. The talks, attended by Ambassador Kuol Nyok Kuol and a delegation, centered on strengthening collaboration in priority sectors including agriculture, food industries, energy,…

Alpha Smart launches $100m integrated factory complex in Sokhna

Walid Gamal El-Din, Chairperson of the Suez Canal Economic Zone (SCZONE), witnessed the signing of a landmark agreement with Alpha Smart, a company specializing in investment and industrial development, to establish a fully integrated complex of ready-made factories in the Sokhna Industrial Zone. The project spans 500,000 square meters, divided…

Egypt, Japan seek to expand industrial cooperation, investment

Egypt’s Minister of Industry, Khaled Hashem, met with Japan’s Ambassador to Egypt, Iwai Fumio, to review current Japanese investments, explore potential expansions, and identify new opportunities across the Egyptian market. The meeting, attended by Assistant Minister for International Cooperation Ahmed Maghawry, underscored the growing strength of bilateral ties, which were…