News

Egypt will temporarily list 10 state-owned companies on the stock exchange within two weeks, with the remainder of a 20-firm batch scheduled for listing by the end of April 2026, Assistant Prime Minister Hashem El-Sayed said on Tuesday. The timeline was announced during a meeting chaired by Prime Minister Mostafa…

Egypt’s engineering exports reached a record high in February 2026, marking the strongest monthly performance in the sector’s history, according to the Engineering Export Council (EEC). The surge underscores the growing global competitiveness of Egyptian industry despite persistent economic headwinds worldwide. The council said exports rose by 37.6% year-on-year to…

SN Automotive has officially inaugurated its flagship showroom at Cairo Festival City (CFC), a strategic move designed to redefine sustainable mobility in the heart of New Cairo. The high-tech facility serves as the launchpad for two premier models from global automaker Dongfeng: the 007 and 008, marking the formal debut…

Telda has launched a new in-app investment service on Sunday, 29 March, designed to bring securities investing to a wider audience in Egypt.  The digital financial platform says the feature allows users to invest in equities listed on the Egyptian Exchange (EGX) as well as in a range of investment…

Minister of Petroleum and Mineral Resources Karim Badawi held talks with Song Yu, CEO of United Energy Group (UEG), and Kamel al-Sawy, the company’s Regional President for Africa, to review the company’s oil and gas operations in Egypt’s Western Desert. The meeting took place on Tuesday, March 31, 2026, on…

President Abdel Fattah Al-Sisi inaugurated Egypt Energy Show (EGYPES 2026) on Monday, reaffirming Egypt’s commitment to advancing energy transformation through strategic partnerships and practical implementation. Held under the theme “Effective Plan for Cooperation in Field of Energy Efficiency,” the event brought together Nikos Christodoulides, alongside ministers, heads of international organisations,…

Orascom Development Egypt has launched its latest residential project, “Nuba”, in El Gouna, featuring 97 units and targeting total sales of EGP 3bn. The company aims to complete and deliver the project within two years, underscoring its focus on accelerated construction timelines and efficient execution. Speaking during a roundtable discussion,…

Egypt’s Minister of Local Development and Environment Manal Awad held talks with L’Oréal Egypt to strengthen cooperation on sustainability and support the implementation of extended producer responsibility, as part of the country’s transition towards a circular economy, according to a ministry statement. The meeting reviewed the company’s roadmap for reducing…