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Egyptian Cabinet approves Emirati company Masdar 4GW solar station project

Egyptian Cabinet approves Emirati company Masdar 4GW solar station project

The Egyptian Cabinet has greenlit a proposal from the Emirati company Masdar for commencing studies on a solar energy station project capable of generating up to 4 gigawatts. In addition, they have approved advancing a project by the same company to harness solar energy potentials totaling 1,200 megawatts, along with the inclusion of storage batteries […]

InvestMin meets General Electric Healthcare’s delegation to boost investments

InvestMin meets General Electric Healthcare's delegation to boost investments

 Minister Hassan El-Khatib, responsible for Investment and Foreign Trade, held discussions with a delegation from General Electric Healthcare to assess the company’s existing and upcoming commitments within the Egyptian market. During the meeting, the minister underscored the ministry’s commitment to extending comprehensive support to facilitate the company’s growth within Egypt. This collaborative effort aims to […]

Egypt’s non-petroleum merchandise exports record $3.1B during 2024

Egypt’s non-petroleum merchandise exports record $3.1B during 2024

Egypt’s non-petroleum merchandise exports experienced a $325 million increase in July,  to record $3.1 billion, marking a 12 percent growth compared to July 2023’s $2.8 billion.as confirmed by Essam El-Naggar, the Chairman of the General Organization for Export and Import Control (GOEIC). El-Naggar Merchandise exports surpassed $24 billion in the first seven months of 2024. […]