Egypt to open first of three new solar factories in December 2025
Egypt is set to open the first of three new solar manufacturing plants in the Suez Canal Economic Zone (SCZone) in December, marking a significant…
Tag: EGYPT
North Africa is emerging as a growth engine
North Africa is emerging as a growth engine, led by Morocco and Egypt. But structural challenges persist. This year again, North Africa is the fastest…
Royals From Around the World Attend Grand Egyptian Museum Opening
The complex is being touted as the “fourth pyramid” of Giza. After several decades in development, Egypt formally opened the Grand Egyptian Museum on Saturday, unveiling what…
Qatar Prime Minister meets visiting leaders
HE the Prime Minister and Minister of Foreign Affairs Sheikh Mohammed bin Abdulrahman bin Jassim al-Thani met Monday with Egyptian Prime Minister Dr Mostafa Madbouly,…
UAE sees steady August PMI growth as Kuwait, Egypt contract
Business activity across Middle Eastern and North African economies showed mixed trends in August, with the UAE leading growth while Kuwait and Egypt recorded contractions,…
Egypt’s Net Foreign Assets Jump to a Record $18.5 Billion in July
Egypt’s net foreign assets rose by $3.54 billion in July to a record $18.5 billion, central bank data showed, as Gulf investments, a currency devaluation…
Egypt’s GDP Grows 4.5% in 2024-25
Egypt’s real gross domestic product grew by 4.5% in the 2024-25 financial year, up from 2.4% the previous year, Finance Minister Ahmed Kouchouk said on…
Egypt Signs $1 Bln Deal with China’s Sailun Group for Tire Factory
Egypt has signed a deal with China’s Sailun Group to build an automotive tire factory in the Suez Canal Economic Zone, with total investments of…
