Chinese Firm To Fund 1-Billion-USD Major Chemical Complex In Egypt CAIRO, Nov 28 (NNN-MENA) – China’s Kunming Chuan Jin Nuo Chemical Co., Ltd. (CJN), signed an agreement yesterday, with Egypt’s El Sewedy Industrial Development, to build a major integrated phosphate chemical industrial complex, in the Suez Canal Economic Zone (SCZone), east of Cairo. The Chinese company will invest one billion U.S. dollars in the project, which will cover 905,000 square metres, in the Sokhna Industrial Zone within the SCZone, and create about 10,000 jobs, according to an Egyptian government statement. The complex will be constructed in three phases. The first phase, starting next year, will produce phosphoric acid and fertilisers. […]

Chinese Firm To Fund 1-Billion-USD Major Chemical Complex In Egypt #ChinaInvestment #ChemicalIndustry #EgyptEconomy #PhosphateComplex #JobCreation

CPA Egypt Egypt Commercial of Gargoulette

www.cpaphil.com/en/p...

#CPAEgypt #EgyptCommercial #Gargoulette #EgyptBusiness #CairoCommerce #EgyptTrade #EgyptEconomy #BusinessInEgypt #EgyptIndustry #CairoMarket #EgyptGrowth #EgyptMarketing

CPA Egypt Egypt Commercial turning to Cairo

www.cpaphil.com/en/p...

#CPAEgypt #EgyptBusiness #CairoCommerce #EgyptTrade #CairoMarket #BusinessInEgypt #EgyptEconomy #CairoGrowth #CommercialEgypt #CairoBusinessHub #InvestInEgypt #EgyptCommercialSector #CairoOpportunities

Egypt’s GDP grows 4.5% in 2024-25, boosted by reforms and manufacturing CAIRO (Reuters) -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 Saturday, boosted by reforms tied to IMF financing and increased manufacturing activity. The Arab world’s most populous country has come under economic pressure from a currency devaluation in March 2024, high inflation, and the impact of the war in Gaza. Inflation, which peaked at a record 38% in September 2023, has begun to ease but remains high. Urban consumer price inflation fell to 13.9% in July from 14.9% in June. Egypt’s fiscal year runs from July to the end of June. In the budget it had predicted GDP growth of 4.2%. Over the last year, the government accelerated economic reforms under an $8 billion programme with the International Monetary Fund and secured $24 billion in investment from the United Arab Emirates’ sovereign wealth fund, including a major land deal on the Mediterranean coast. In a news conference reviewing Egypt’s financial results, Kouchouk said the country lost 145 billion Egyptian pounds ($2.99 billion) in Suez Canal revenues in 2024-25 as a result of disruptions in the Red Sea from attacks by Yemen’s Houthi militants on shipping. The previous year, revenues had reached $7.2 billion. The minister also said Egypt imported 4.5 million metric tons of wheat, costing $1.2 billion, down more than 21% from the previous year. 3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads. Egypt, often the world’s largest wheat importer, requires more than 8 million tons annually to produce subsidised bread for over 70 million citizens. The government bought just over 3.9 million tons locally this year, falling short of its 4–5 million ton target. ($1 = 48.4600 Egyptian pounds) The best opportunities often hide in plain sight—buried among thousands of stocks you'd never have time to research individually. That's why smart investors use our Stock Screener with 50+ predefined screens and 160+ customizable filters to surface hidden gems instantly. For example, the Piotroski's Picks method averages 23% annual returns by focusing on financial strength, and you can get it as a standalone screen. Momentum Masters catches stocks gaining serious traction, while Blue-Chip Bargains finds undervalued giants. With screens for dividends, growth, value, and more, you'll discover opportunities others miss. Our current favorite screen is Under $10/share, which is great for discovering stocks trading under $10 with recent price momentum showing some very impressive returns!

Click Subscribe. #EgyptEconomy #GDPGrowth #Manufacturing #EconomicReforms #InvestInEgypt

Egypt's Industrial Minister Addresses Challenges in Abu Rawash Industrial Zone | AI News Brew <p>GIZA, Egypt - On June 22, 2025, Lieutenant General Engineer Kamel Al-Wazir, Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, held an extensive meeting at the...

Egypt's Industrial Minister Addresses Challenges in Abu Rawash Industrial Zone
ainewsbrew.com/article/4732

#EgyptIndustry #AbuRawashDevelopment #IndustrialInfrastructure #EgyptEconomy #InvestInEgypt

Egypt's Non-Oil Exports Surge to $11.1 Billion in Q4 2024, Up 27.6% Year-on-Year | AI News Brew <p>CAIRO, Egypt - Egypt's non-oil exports reached $11.1 billion in the fourth quarter of 2024, marking a significant 27.6% increase from the same period in 2023, according to a report released by the ...

Egypt's Non-Oil Exports Surge to $11.1 Billion in Q4 2024, Up 27.6% Year-on-Year
ainewsbrew.com/article/4499

#EgyptExports #EconomicGrowth #NonOilExports #GlobalTrade #EgyptEconomy

Click Subscribe. #IMF #EgyptEconomy #TaxReform #EconomicGrowth #FiscalPolicy

Egypt's PM Outlines Economic Reforms at Annual Conference in New Administrative Capital | AI News Brew <p>CAIRO, May 13, 2025 - Egyptian Prime Minister Mustafa Madbouly addressed the second annual scientific conference of the Information and Decision Support Center (IDSC) today, outlining the governmen...

Egypt's PM Outlines Economic Reforms at Annual Conference in New Administrative Capital
ainewsbrew.com/article/4176

#EgyptEconomy #EconomicReforms #GlobalEconomics #SustainableGrowth #EgyptConference2025

IMF to begin 5th review of Egypt’s economic programme this week CAIRO (Reuters) -The International Monetary Fund will begin the fifth review of Egypt’s $8 billion economic reform programme, with a team scheduled to arrive in Cairo this week, the IMF said in a statement on Monday. The IMF board approved the fourth review on March 11, unlocking a disbursement of $1.2 billion in a 46-month IMF loan programme first approved in 2022 and later expanded following the outbreak of fighting in Gaza. Egypt had been suffering from a severe shortage of foreign currency and inflation that peaked at 38% in September 2023. The IMF has yet to publish a staff report from the fourth review, saying the Egyptian authorities needed more time to consider its publication. The IMF team is expected to begin its visit on Tuesday and remain in Cairo until May 16, a person familiar with the mission said. In the fourth review, the IMF board approved a request by Egypt to waive its primary budget surplus target. The surplus was expected to reach 4% of GDP in the fiscal year that will begin on July 1, 0.5% less than Egypt had committed to earlier in the programme.

Click Subscribe. #IMF #EgyptEconomy #EconomicReview #FinancialStability #IMFEgypt

Egypt Aims to Boost Exports to $34 Billion by 2030, Announces New Industrial Support Program | AI News Brew <p>Egyptian Prime Minister Mostafa Madbouly announced today a comprehensive plan to more than double the country's exports from key sectors to $34 billion within five years, alongside a reformed expor...

Egypt Aims to Boost Exports to $34 Billion by 2030, Announces New Industrial Support Program haiku.ainewsbrew.com/article/3696

#EgyptEconomy #ExportGrowth #IndustrialDevelopment #ForeignInvestment #EgyptianManufacturing #EconomicGrowth #GlobalTrade #MENA #IndustryNews #EconomicDevelopment

Egypt Unveils Major Export Development Plan, Targets $100 Billion in Exports | AI News Brew <p>Egyptian Prime Minister Mustafa Madbouly met with the Export Development Advisory Committee on March 10, 2025, unveiling ambitious plans to boost the country's exports to $100 billion, supported by...

Egypt Unveils Major Export Development Plan, Targets $100 Billion in Exports haiku.ainewsbrew.com/article/3473

#EgyptEconomy #ExportGrowth #TradeReform #EgyptTrade #InvestInEgypt #EconomicDevelopment #CustomsReform #GlobalTrade #EmergingMarkets #EgyptBusiness

EGP 1bn Boost to Automotive Industry: Kouchouk Egypt allocates EGP 1bn to localise automotive industry, increasing car manufacturing and local component production to 45%.

in4u.org/egypt-alloca... Big boost for #Egypt's economy! The government has allocated EGP 1bn to localize the #automotiveindustry, aiming to increase #carmanufacturing and #localcomponentproduction to 45% this year. #EgyptEconomy #IndustryDevelopment

Egypt Plans $1.6 Billion Natural Gas Development Investment for 2025-2026 | AI News Brew <p>Egypt's Ministry of Petroleum has announced an ambitious $1.6 billion investment plan for natural gas exploration and development in the 2025-2026 fiscal year, aimed at boosting domestic production...

Egypt Plans $1.6 Billion Natural Gas Development Investment for 2025-2026 haiku.ainewsbrew.com/article/3172

#EgyptEnergy #NaturalGas #EnergyInvestment #Infrastructure #EGAS #EgyptEconomy #GasDevelopment #EnergyPolicy #MediterraneanGas #CleanEnergy

Egyptian Cabinet Approves Major Economic and Infrastructure Initiatives Including Arab Electricity Market Agreement | AI News Brew <p>The Egyptian Cabinet, led by Prime Minister Dr. Mostafa Madbouly, approved 14 significant decisions during its weekly meeting on February 26, 2025, marking substantial developments in regional coop...

Egyptian Cabinet Approves Major Economic and Infrastructure Initiatives Including Arab Electricity Market Agreement haiku.ainewsbrew.com/article/3171

#EgyptEconomy #ArabElectricityMarket #Infrastructure #ForeignInvestment #CairoMetro #EconomicDevelopment #RegionalCooperation #UrbanDevelopment

Social Protection in Egypt: EGP 635bn Allocation in FY25 Discover Egypt's significant investment in social protection, allocating EGP 635bn in FY25, ensuring a dignified life for all citizens.

in4u.org/social-prote... Egypt is allocating EGP 635 billion to social protection programs in FY2025! This historic investment aims to ensure a dignified life for all citizens. Read more about Egypt's commitment to social protection #SocialProtection #EgyptEconomy

Simplified Tax System Soon for Egypt's SMEs Egypt's Finance Minister announces a simplified tax system for SMEs, boosting investment and economic growth.

in4u.org/egypt-to-int... Egypt's Finance Minister announces a simplified tax system for SMEs, entrepreneurs, and professionals! This game-changing reform aims to boost investment, promote growth, and strengthen the economy. #EgyptEconomy #SimplifiedTaxSystem #SMEsInEgypt