Egypt
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in Short
Egypt : a $4 billion ambitious plan to secure electricity in 2025
Egypt unveiled an ambitious plan to ensure electricity supply for summer 2025. During the inauguration of the Abydos 1 Solar…
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Egypt: AfDB grants $170 million to support Suez wind project
The African Development Bank (AfDB) has approved a $170 million loan to finance the Suez Wind Project, Egypt’s largest wind…
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Egypt: Trade missions planned in Africa and Europe for 2025
Egypt, through its Chemical and Fertilizer Export Council, has announced trade missions to four African countries—Tanzania, Ghana, Ivory Coast, and…
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Egypt: A $500M sustainable bond for green transition and inclusion
The Arab African International Bank (AAIB) has issued a landmark $500 million sustainable bond, fully subscribed by the IFC, EBRD,…
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Egypt : Qara raises $2.6 million for expansion into Saudi Arabia
Egyptian startup Qara has raised $2.6 million from undisclosed investors to enhance its operations and expand into Saudi Arabia. Founded…
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Egypt: 4 Million acres of desert land to be reclaimed and cultivated
Egypt is committed to reclaiming and cultivating nearly 4 million acres of desert land. The Ministry of Agriculture is conducting…
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Egypt: Trade with Africa reaches $9.2 billion in 2023
In 2023, Egypt’s trade with African Union countries totaled $9.2 billion, marking a 5.7% increase from 2022 according to Central…
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Egypt: Agreements signed for 5.2 GW of renewable energy capacity
At COP29 in Baku, Egypt signed two memoranda of understanding for 5.2 GW of renewable energy. The first agreement, with…
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Egypt : Launch of the Exeed Car in Cairo, a milestone for automotive industry
Deputy Prime Minister Kamel Al-Wazir inaugurated the local production of the Exeed car at the Egyptian-German Automotive (EGA) factory in…
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Egypt: Telecom Egypt and Vodafone sign for 5G
@Ministry of Communications and Information Technology | Egypt Telecom Egypt and Vodafone Egypt have signed agreements to upgrade their infrastructure…
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