Suez Economic Zone Signs Renewable Energy Project Deals

The Suez Economic Zone in Egypt has signed agreements for two major renewable energy projects. This development is set to boost the country's green energy sector and attract significant investment.

The Suez Economic Zone has signed agreements and contracts for the development of two integrated projects in the renewable energy sector. This marks a significant step for the growth of green energy in Egypt. The projects aim to increase the share of renewable sources in the country's energy mix. They are also expected to create new jobs and attract foreign investments. The Suez Economic Zone is positioning itself as a key hub for such initiatives.

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2026-01-28T19:26:13+00:00

Fitch Affirms Credit Rating for 'Industries'

Fitch agency has affirmed the long-term credit rating of the state holding company 'Industries'. The decision was based on an analysis of the company's financial stability and its future strategic plans.

Economy Politics Country

2026-01-28T10:18:09+00:00

Al Ahli Signs Striker from Norway on Loan

Egyptian club Al Ahli has signed Angolan striker Ilsen Camujiš on a six-month loan from Norwegian club Tromsø for $500,000.

Sport Economy Country

2026-01-27T13:13:12+00:00

US Dollar Suffers Sharp Loss Against Egyptian Pound

On Monday, the US dollar recorded significant and unexpected losses against the Egyptian pound in the foreign exchange market. This decline followed a period of short-lived and minor dollar gains. Analysts link this shift to new economic indicators that contributed to the strengthening of Egypt's national currency.

Economy Country

2026-01-25T13:08:48+00:00

Egypt and China Sign Agreement on Battery Cell Production

The Egyptian Cabinet's Media Center announced the signing of a strategic agreement between Egypt and China to localize the production of energy storage battery cells. This step aims to strengthen economic ties and develop the high-tech sector.