News

Ras El Hekma’s rapid development is reshaping Egypt’s North Coast, with large-scale projects increasingly moving beyond the traditional model of seasonal residential communities towards integrated destinations that bring together homes, hospitality, leisure, services and lifestyle experiences. Misr Italia Properties’ Solare Ras El Hekma reflects this shift. Located at Kilo 199,…

Minister of Investment and Foreign Trade Mohamed Farid said lithium batteries and components for new energy vehicles (NEVs) represent promising sectors under the state’s strategy to deepen local manufacturing and increase value added. He noted that proposed cooperation with Tianneng would allow Egypt to benefit from the company’s expertise and…

Minister of Investment and Foreign Trade Mohamed Farid and Suez Canal Economic Zone (SCZONE) Chairperson Mostafa Sheikhoun have witnessed the signing of a letter of intent between SCZONE and Zhongce Rubber Group (ZC Rubber) to explore the establishment of an integrated tyre manufacturing complex in the Sokhna Industrial Zone. The…

The Central Agency for Public Mobilisation and Statistics (CAPMAS) revealed that the trade exchange between Egypt and China rose to $11.3bn during the first half (H1) of 2026, compared with $9.3bn during the same period in 2025, marking a 21.5% increase. In a statement issued on the occasion of Chinese…

Chinese President Xi Jinping arrived in Cairo on Tuesday for his first visit to Egypt in a decade, seeking to expand a comprehensive strategic partnership that includes new debt-swap programmes, defence ties, and alignment on Middle East security. Xi and his wife were received at Cairo International Airport by Egyptian…