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.

Egypt raised $604m in tech funding in 2025

Egypt raised $604 million across 100 deals in 2025, a 37% year-on-year increase, ranking third in Africa by both funding…

Morocco’s $23bn World Cup investment opens to Spain, Portugal

The Morocco-Spain-Portugal Business Forum on the 2030 FIFA World Cup opened in Salé in February, as Morocco's total World Cup-linked…

Egypt is in Africa, not Asia

Egypt is an African country. Its entire landmass sits within Africa. The confusion stems from the Sinai Peninsula, a small…

Egypt Joins the World’s Top Nuclear Builders with a $28.75bn, 4-Reactor Bet

Egypt has emerged as one of only a handful of countries actively building four nuclear reactors simultaneously, placing it alongside…

US-Iran truce sends oil crashing

A US-Iran ceasefire agreement and the reopening of the Strait of Hormuz have sent Brent…

MTN’s MoMo is going super app

MTN Group Fintech has partnered with Ant International, the global payments firm behind Alipay, to…

AfDB backs Arua airport in Uganda

The African Development Bank has approved $180 million to upgrade Uganda's Arua Airport into an…

South Africa braces for June 30

South Africa's police service has activated joint operations in all nine provinces at a projected…