Egypt

Egypt business news from Cairo and Alexandria. Suez Canal updates, energy projects, North African trade, and investment intelligence from the Arab world’s largest economy.

Morocco reclaims BMCI from BNP Paribas

Morocco's Holmarcom Finance Company signed an agreement on April 29 to acquire BNP Paribas's full 67% stake in BMCI, one…

Egypt’s FDI hits $9.3bn, economy grows

Egypt's net FDI reached $9.3 billion in H1 FY2025/26 (July to December 2025), up 55% from $6 billion a year…

OCP backs $150m Africa agro-industrial fund

Morocco's OCP Group and France's Bpifrance launched the $150 million Seed of Africa Investment Fund at the Africa Forward Summit…

$25bn Nigeria-Morocco pipeline deal locks in

Nigeria and Morocco will sign an intergovernmental agreement in Q4 2026 for the $25 billion African Atlantic Gas Pipeline, a…