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Egypt allocates EGP 5 Billion in new budget to boost small business sector
Egypt allocates EGP 5B in new budget for MSMEs, aiming to boost private sector, formalize businesses, and support young entrepreneurs.
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Egypt’s property developers surges to 1,910 in 2025
Egypt's property developers surge to 1,910 in 2025, driven by government support and vast untapped land, signalling robust sector growth.
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Egypt-Greece trade ties are excellent and growing stronger
Egypt-Greece trade booms towards €2B, with energy, renewables, and the GREGY Interconnector driving strong bilateral economic ties and investment.
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Egypt establishes Real Estate Market Regulation Unit to oversee sector transparency
New Real Estate Market Regulation Unit launched to boost transparency, protect buyers, and formalize developer/broker relationships in Egypt.
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Egypt-AU Trade Hits $9.8 Billion in 2024 Amid Strengthening Economic Ties
Egypt's trade with African Union hits $9.8B in 2024, signalling deepening economic ties and strategic focus on continental integration.
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Hayat Egypt lays foundation stone for $44mln hygiene facility in SCZONE
Hayat Egypt invests $44M in new SCZONE hygiene facility, creating 400+ jobs and boosting exports, set to open by March 2026.
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Mobile tech fueled financial inclusion boom in developing economies in 2024
Mobile tech drives global financial inclusion! 40% of developing economy adults now save formally, narrowing gender gaps and boosting digital payment
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Egypt’s digital leap: The rise of citizen-focused technology centers
Egypt's new citizen tech centers are digitalizing government services nationwide, boosting efficiency, job creation, and investor appeal.
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Egyptians abroad require more than just mere remittances
Egyptian expats seek diverse engagement beyond remittances: real estate investment, infrastructure development, and formal business participation.
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National Telecom Authority instructs telecoms to provide compensation in form of free internet data after last week’s fi
NTRA mandates free internet data for users affected by the Ramses exchange fire, emphasizing consumer rights and service recovery.
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Egypt Reopens Historic Sinai Valleys to Tourists After 10 Years
Egypt has announced the long-awaited reopening of several historic valleys around the sacred city of Saint Catherine in South Sinai.
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Egypt needs more drinkable water
The country of 114 million people depends heavily on the longest river in the world, the Nile, for fresh water.
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DPI makes largest healthcare investment of its kind in Egypt
Proceeds from the largest healthcare investment of its kind in Egypt to date will be used to expand Alameda’s footprint and capacity.
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650 MW hybrid energy breakthrough on the Red Sea
Egypt unveils a major step in clean energy with a 650 MW hybrid power plant near the Red Sea, combining solar, wind, and geothermal.
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Morocco, Egypt profit as global fertilizer prices surge 15 percent
Egypt, despite facing production deficits due to declining natural gas reserves, exploits its geostrategic location.
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Turkey's Hayat Kimya Launches $44M Hygiene Product Factory in Egypt’s Suez Zone
The factory will produce a range of hygiene products, with 75% of its output designated for export to African markets.
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Egypt signs new agreement to boost marine conservation and ecotourism
The agreement was signed between the Egyptian Environmental Affairs Agency and the Marine Environment Protection Foundation.
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Aton Resources Reports High-Grade Gold, Silver Intersections at Abu Marawat
These findings indicate rich concentrations and promising mineral extensions within the deeper geological formations.
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Turkish Bony Socks invests $100M in Egypt to establish manufacturing facility
Under the partnership, Bony Socks has acquired a 120,000-square-meter plot in the “Industria El Asher” industrial zone.
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Belgium returns 3000-year-old sarcophagus seized in 2015 to Egypt
Belgian authorities announced today that they have returned to Egypt a 3,000-year-old sarcophagus that was seized by police in Brussels in 2015.
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Egypt secures $631 million in oil, gas deals to boost output
Egypt seals $631M in oil and gas agreements, aiming to significantly enhance production capacity and energy self-sufficiency.
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CBE expects inflation to stabilise in 2025 before gradually declining in 2026
Central Bank of Egypt projects inflation stabilization in 2025, followed by a gradual decline in 2026, signaling economic outlook.
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Egypt’s annual headline inflation records 14.4% in June
Egypt's annual headline inflation stands at 14.4% in June, as reported by CAPMAS, offering key economic insights for businesses.
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Egypt seeks greater access to Chinese markets amid trade gap
PM Madbouly aims to narrow Egypt's trade deficit with China, seeking increased access for Egyptian exports into Chinese markets.
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EBRD, Banque Misr sign $100mln sustainability-linked financing agreement
EBRD and Banque Misr partner on a $100M sustainability-linked loan, promoting green financing and environmental responsibility in Egypt.
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Egypt’s banking sector liquidity rises to EGP 12.8trn in May 2025
Egypt's banking sector liquidity swells to EGP 12.8 trillion in May 2025, indicating robust financial health and stability.
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DDC Alliance receives Chinese loan to help finance high-speed train between Port Said and Abu Qir
DDC Alliance secures Chinese financing for a high-speed rail link connecting Port Said and Abu Qir, boosting Egypt's infrastructure.
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DP World Egypt handled largest slag vessel
DP World Egypt achieves new record by successfully handling the largest slag vessel, demonstrating enhanced port capabilities and efficiency.
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Increase in agricultural exports reflects int'l confidence in Egyptian production
Rising agricultural exports signal growing global trust in Egyptian produce quality and reliability, boosting the sector's outlook.
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Egypt’s Ahmed Kouchouk named Africa Best Finance Minister for 2025
Egypt's Finance Minister, Ahmed Kouchouk, earns top African finance minister award for 2025, highlighting regional financial leadership.
