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Telecom Egypt fined LE 20 million over interruption in Internet services
The NTRA also directed service provider companies to compensate affected customers, in accordance with the general rules for compensation.
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Decline in Flour & Feed Grain Prices in Egypt
Flour prices in the Egyptian markets also saw a decrease of about 200 pounds per ton.
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Egypt to set up yacht manufacturing company as part of yacht tourism promotion
The future company will manufacture, maintain, and export yachts and maritime units. The Suez Canal for Modern Boats will have a value of $5.1 million
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UAE's Beeah sets up new JV to revolutionise Egypt waste management
Aligned with the goals of Egypt Vision 2030, the venture sets a bold target of achieving an 80% landfill waste diversion rate.
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Egypt receives first train to operate on high-speed electric rail network
Egypt has received its first train of its kind to operate on the high-speed electricity network’s first line, stretching from Ain Sokhna to Matrouh.
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Egyptian billionaire to develop large city in Iraq
Ora Developers, is negotiating with Iraqi governmental agencies to build an entire city outside Baghdad with very huge investments.
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Emirati energy giant Mubadala seeks to expand in Egypt
Al-Hamed said that the new investments will be in energy and decarbonization projects, adding that his company is committed to ongoing expansion.
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Health Minister briefed on ‘smart hospitals’ experience during China visit
The Minister also listened to a detailed explanation from one of the hospital’s officials about the employment program of the hospital.
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UAE's ENEC, Egypt’s Nuclear Power Plants Authority sign MoU at COP28
The MoU sets the framework for the two entities to explore opportunities for cooperation in advancing the use of peaceful nuclear energy.
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EDEX 2023: Egypt’s AOI, France’s Safran Engines sign agreement for aircraft engine maintenance, manufacturing
This agreement marks a significant step forward in Egypt’s localization of advanced manufacturing technologies in the defence industry.
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CBE: Egypt's Foreign Reserves Rises to $35.173 Billion
Egypt imports the equivalent of an average of $7 billion a month in goods and products from abroad, with an annual total estimated at more than $70bn.
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Military production min: We are keen on boosting cooperation with Russian companies
This came during his meeting on Russia’s “Rosoboronexport” representatives on the sidelines of the third edition of Egypt Defense Expo “EDEX 2023”.
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Inflation in Egypt expected to decrease in 2024 due to Egyptian pound movement: report
The exchange rate of the Egyptian currency will remain within the range of 31 pounds to the dollar at the beginning of next year.
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Starbucks Loses $12 Billion amid Boycotts over Israel-Gaza War
Starbucks is an American multinational chain of coffeehouses headquartered in Seattle, Washington, with over 35,711 stores in 80 countries.
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Schneider Electric and Redcon Properties Forge Sustainable Partnership in Egypt
This landmark agreement signifies a significant stride toward creating a blueprint for smart and sustainable communities within Egypt.
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ITIDA prioritises human resource training in collaboration with private sector
Nabil underscored the importance of equipping the workforce with competitive IT skills for global service provision.
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Egypt in discussions with IMF for additional funding
The IMF is currently discussing with Egyptian authorities providing additional financing to ensure the successful implementation of the policy package
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Egypt's Suez Canal Authority to co-establish boat manufacturing company
Egyptian Prime Minister Mostafa Madbouly approved permitting the Suez Canal Authority (SCA) to co-establish Suez Canal for Modern Boats.
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Egypt's net int'l reserves record $35.173B in November: CBE
In October, Egypt's NIR also witnessed a growth, to reach $35.1 billion compared to $34.97 billion in September, as reported by the CBE.
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AHK Gold Company initiates drilling operations in Egypt's Wadi Dabur region
Egyptian businessman, Naguib Sawiris announced, through a tweet on X, that the initial drilling aims to cover 10,000 meters within two months.
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Egypt joins China’s ILRS moon base initiative
Areas of cooperation include joint research in lunar and deep space exploration, the development and launch of spacecraft.
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11 Must-Visit Restaurants in Cairo
Cairo has a vibrant dining scene that celebrates Egypt’s cuisine and culture. Now more than ever, restaurants across the city have blossomed.
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Amira Adeeb to star in her first Hollywood movie, ‘No Nation’
The Egyptian actress expressed her joy at taking this next step in her career.
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Egypt's digital pound: 10 key facts you should know
As Egypt explores the possibility of introducing its digital pound, here are 10 essential facts that readers need to know about this.
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Egypt's sugar crisis: A timeline of challenges and interventions
In recent months, Egypt has struggled with a concerning sugar crisis that has caused widespread alarm among its citizens, learn about the details here
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Top 10 translation services in Egypt
Discover the top professional translation services in Egypt, specializing in Arabic and English, for accurate, culturally sensitive, and legal service
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Egypt’s revenues rise steadily in recent years: Infographic
The Egyptian government’s revenues surged 29.5 percent year-on-year to EGP 335.13 billion ($10.83 billion) during the first three months of FY23/24.
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Egypt, Saudi Arabia sign MoU during EDEX 2023
The International Defense Industries Exhibition EDEX 2023, held in Egypt in its third edition from December 4-7
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TFSE assigns Tractebel as advisor on wind power plants sale
In July 2023, local media announced that Actis is set to acquire the state-owned Gabal El Zeit wind farm.
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Fire Contained in Warehouse at Cairo Airport
Civil protection personnel affiliated with the General Administration of Cairo Air Port Police were immediately able to control the fire at the time.
