Lower oil prices helped lift European stock markets on Wednesday while continued high US inflation weighed on Wall Street.
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Egypt's Minister of Planning and Economic Development Ahmed Rostom called for deeper cooperation between Latin America and the Arab world to advance logistics and supply chains at the Brazil & Arab Countries Economic Forum, according to a ministry statement released on Wednesday.
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Egypt's Ministry of Industry has relaunched the Egyptian Industrial Product Preference Committee to prioritize locally manufactured industrial products in government projects, the ministry announced on Tuesday.
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Asian shares were mostly lower Tuesday after U.S. stocks drifted to a mixed finish ahead of potentially market-moving events later in the week.
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Egypt’s food exports reached a record of approximately $4.5 billion in the first seven months of 2026, rising 10.7 percent year-on-year, as the sector expanded its presence across regional and international markets, the Food Export Council (FEC) announced on Monday.
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Oil prices eased after strong gains last week while stock markets faltered on Monday as investors awaited details of a US plan to impose massive economic pressure on Iran to end the Middle East war.
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The Egyptian Exchange (EGX) has decided to exempt the first 20 small and medium-sized enterprises (SMEs) seeking an initial listing on the stock market from administrative service fees, according to a joint statement by the EGX and the Micro, Small and Medium Enterprises Development Agency (MSMEDA) on Sunday.
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Residential real estate remains the top choice among investors in Egypt, accounting for 61 percent of preferences, while 81 percent of global investors expressed interest in buying branded residences, according to Knight Frank’s latest report on the Egyptian property market.
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Egypt has begun construction of Jieya Egypt Health medical product complex, a $67 million subsidiary of Chinese firm Tongling Jieya Biologic, in the Ain Sokhna Integrated Zone, according to a statement by the Suez Canal Economic Zone (SCZone) on Thursday.
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Deputy Prime Minister for Economic Affairs Hussein Eissa hosted a delegation from a leading Chinese aluminum company to discuss plans of establishing a $2 billion integrated industrial complex in the Suez Canal Economic Zone (SCZone), according to a Cabinet statement released Thursday.
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An Egyptian-Saudi joint venture will establish an industrial complex to produce aluminium composite panels and aluminium coils at the Suez Canal Economic Zone's Sokhna Industrial Zone, with initial investments of $18 million that are expected to rise to $50 million, the zone's authority said Wednesday.
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Egypt has begun construction of a $658 million complex in the New Valley to produce phosphoric acid from locally mined phosphate, as the government seeks to process more of its mineral resources domestically rather than export them as raw materials.
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Stock markets mostly eked out gains while oil prices climbed further Wednesday as higher global bond yields, fueled by inflation and debt concerns, rattled confidence and took a heavy toll on technology stocks.
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Egypt has launched a new mobile application for real estate transactions as part of a broader government drive to digitize services, simplify procedures and reduce bureaucratic hurdles facing investors and citizens, the Cabinet announced in a statement on Tuesday.
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French shipping group CMA CGM revealed plans to expand its cooperation with Egypt’s Suez Canal Authority (SCA) and increase the number of its vessels transiting the canal, during a meeting with the authority on Tuesday.
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Wall Street is pulling further from its all-time high on Tuesday as AI stocks get back to sinking.
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Egypt’s Minister of Investment and Foreign Trade, Mohamed Farid, is currently examining Misr Life Insurance’s fair value study, in cooperation with the International Monetary Fund (IMF) and an unnamed independent financial adviser, assistant to the prime minister and CEO of the State-Owned Companies Unit, Hashem El-Sayed, told CNBC Arabia.
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The Financial Regulatory Authority (FRA) has amended the requirements for real estate development companies seeking to convert into real estate investment funds, according to a statement issued by the authority on Saturday.
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European stocks mostly rose Thursday as investors welcomed news of easing US inflation, while oil prices fell back from recent gains amid uncertainty over the prospects for the Strait of Hormuz.
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Egypt’s largest real estate event, Cityscape Egypt Summit 2026, is set to kick off on 7 September, with the participation of more than 20 speakers and specialists from investment and real estate firms in Egypt and the region, according to a statement on Wednesday.
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