Egypt's Prime Minister Mostafa Madbouly has witnessed the signing of a partnership agreement between German company Ziegler and Egypt's Bavaria to manufacture and assemble fire engines and rescue vehicles in Egypt according to the latest international standards.

In May, the Egyptian government approved a new free zone in Aswan as part of plans to develop cities in Upper Egypt. Apart from the domestic impact, the zone is designed to boost Egypt’s trade with Sudan and other Nile Basin countries. Industries ranging from gemstones and granite to textile manufacturing will be major beneficiaries.

CAIRO – 9 June 2019: Second phase of Egypt’s initial public offerings (IPO) will take place in September as scheduled, Minister of Public Enterprises Hisham Tawfik told Enterprise.

Abu Dhabi: Dana Gas on Tuesday has commenced drilling operations at its Merak-1 offshore well in Egypt.

In a country with a surface area of almost one million square kilometres, of which only seven percent was utilised for many years, the opportunities of urbanisation of new areas in Egypt were unlimited for the incumbent government. With a population of 100 million, Egypt had no option but to venture into developing new cities and urbanise new areas to allow the implementation of Egypt’s ambitious reform programme, as well as its inclusive growth...

Relying on strategic location as debt mounts

Egyptian President Abdel Fatah El Sisi’s visit to China and deals signed on the sidelines of the Forum are significant given the importance of the BRI for Africa, especially with Egypt as the current chair of the African Union.

The Egyptian Exchange (EGX) has received a mission from the African Development Bank in the wake of its membership of the African Exchanges Linkage Project (AELP), an initiative to foster greater integration in securities trading across the continent.

Talks between Egypt and Chinese builder CFLD for a $20 billion development in the new administrative capital have fallen through over disagreements on how to share revenue from the project, Egyptian officials said.

In our fifth special healthcare edition, which focuses on issues relating to the healthcare and life sciences sectors, we see continued growth and development across the MENA region.