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News
Meet the Egyptian entrepreneur turning date seeds into a sustainable coffee alternative
4+ day, 7+ hour ago (1542+ words) Wednesday, 9 Sep 2026 WHAT WE’RE TRACKING TONIGHT Up first, the news… THE BIG STORY ABROAD- 🌐 Plenty is happening across the global newsfront this afternoon, with no shortage of stories competing for attention. However, the US-Iran conflict is back in the spotlight…...
Processed-food exports are running at a record pace in 2026 — even as Black Sea wheat reliance deepens
4+ day, 17+ hour ago (123+ words) Our processed-food exports hit a record USD 6.8 bn in 2025, up 12% y-o-y and now accounting for 14% of the country’s total non-oil exports, according to the Food Export Council (FEC) — and 2026 is running ahead of it. As ElSebaie sees it, the zero-tariff…...
Egypt’s last state holdout says it won’t sell Alexandria Containers stake to AD Ports
4+ day, 17+ hour ago (82+ words) REFRESHER- The Holding Company confirmed in June it wouldn’t sell, bearing out our exclusive that the Transport Ministry — which sits above two of ALCN’s shareholders, the Alexandria Port Authority and the Holding Company for Maritime and Land Transport — would reject…...
Value8 asks Dutch courts to freeze Orascom Construction’s proposed merger with Dutch-listed OCI Global - EnterpriseAM Egypt
5+ day, 19+ hour ago (625+ words) Good morning, everyone. Today’s issue has two stories from Egypt’s consumer economy — one about the brands worth keeping here, and another about the cost of staying healthy. The first is about Creative Investments — a new Abu Dhabi-based platform backed by…...
Acwa Power-led consortium brings world's largest off-grid renewable utility system online at Red Sea
5+ day, 17+ hour ago (542+ words) The Red Sea gets its own grid The Red Sea destination’s utility system is now commercially operational, kicking off a 25-year concession for an Acwa Power-led consortium, according to a press release. The system, worth USD 1.84 bn, is billed as…...
Scaling up refining to lower the import bill
6+ day, 17+ hour ago (1706+ words) Monday, 7 Sep 2026 Good morning, friends. Today’s issue is all about how the country is ramping up its industrial capacity, with two stories following the same thread — one about cutting what we import, the other about making more at home. Up…...
Egypt expands refining to cut the fuel-import bill, and courts private capital for new diesel plants
6+ day, 17+ hour ago (449+ words) The target is the import bill. The ministry wants to cut petroleum-product imports — excluding gas and crude — to USD 3.6 bn this year from USD 6.2 bn in FY 2025/26, according to a government document EnterpriseAM has seen. The government is targeting USD…...
Nine new factories go live in Sokhna as SCZone manufacturing base hits 212 plants
6+ day, 17+ hour ago (220+ words) IN CONTEXT- The September opening follows a USD 182.5 mn nine-project package inaugurated in Sokhna in April, and continues a sustained build-out that saw the SCZone contract 117 projects worth USD 7.26 bn in FY 2025/26. The zone reported record revenues of EGP 15.9 bn…...
Foreign press sees Xi’s Cairo stop through the US-China rivalry
1+ week, 17+ hour ago (281+ words) EnterpriseAM Available in your choice of English or Arabic The foreign media is putting Chinese President Xi Jinping’s Cairo stop squarely inside the US-China technology rivalry, with Bloomberg casting Egypt as an increasingly important arena in the competition. The outlet…...
USD 2.1 tn in capex from GCC is going to self-reliance + resilience -BlackRock - EnterpriseAM Egypt
1+ week, 19+ hour ago (254+ words) Existing projects are being reassessed and resequenced as countries weigh how infrastructure performed during the war’s disruption to regional shipping routes, from the Strait of Hormuz to the Red Sea. REMEMBER- The GCC is already working on developing workarounds to…...