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Egypt in discussions with Qatar to secure long-term natural gas contracts
Egypt is discussing with Qatar the possibility of securing natural gas supplies from the Gulf nation through long-term contracts to meet its needs.
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Egypt’s Shezlong launches AI therapy assistant for mental healthcare
Founded in 2014, Shezlong helps patients connect with licensed therapists through online video calls online.
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Egyptian Remittances Hit Historic High of $32.6 Billion Following Currency Devaluation
In February 2025 alone, remittance inflows surpassed $3 billion for the second month in a row, more than doubling the $1.3 billion recorded in Feb2024
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EBRD provides $30 mln for Scatec’s Obelisk solar power project in Egypt
The European Bank for Reconstruction and Development (EBRD) has committed $30 million in equity bridge financing to Egypt’s Obelisk Solar Power.
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Most Gulf shares gain on US-China tariff deal; Egypt snaps losing streak
Saudi Arabia's benchmark stock index (.TASI), opens new tab rose 1.3%, the sharpest rise in a month with almost all sectors in the green.
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Egypt’s Nawy, the largest proptech in Africa, raises $52M to take on MENA
The round, which also includes $23 million in debt financing from Egypt’s top banks,.brings the total to $75 million,
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Is Egypt Turning from the U.S. to China?
A video from the popular stream platform Bilibili has brought the issue into mainstream discourse.
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EU reaffirms partnership with Egypt at Europe Day celebration in Cairo
This year’s Europe Day holds special historical significance, as it marks 80 years since the end of World War II, the deadliest conflict in history.
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El-Sisi commends outgoing AfDB president for advancing development across Africa
President El-Sisi also reaffirmed to Adesina Egypt’s ongoing support for the AfDB and commitment to cooperating with its next president.
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EBRD backs Egypt’s first solar and battery storage project
EBRD project falls under Egypt’s Nexus on Water, Food and Energy programme and is expected to reduce CO2 emissions by 1.3 million tonnes per year.
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Egypt Opens Tax-Free Free Zones for Export-Focused Startups
Egypt will now permit export-focused service startups to establish their headquarters within its free zones.
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Automotive market continues to recover, reports modest growth in March
This marks a modest increase from February’s 10,600 units and signals a continuation of the sector’s recovery that began after a steep January decline
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World Bank to apply Egypt's Takaful & Karama social protection model in other countries
Al-Mashat clarified that the programme provides financial support and supports the state in assisting Egyptian citizens.
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Egypt’s flag now raised twice in Cannes
This year, the Egyptian flag will once again fly proudly above a pavilion named “Al-Mahrousa – The Protected One” as we return to the festival.
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PM affirms key role of NERIC factory in railway industry localization
The premier made the remarks during a tour of the East Port Said Industrial Zone and his accompanying delegation to inspect NERIC factory.
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OECD praises Egyptian reforms in latest report
Despite clear progress, the OECD emphasized that further work is needed to ensure these ambitious reforms meet citizens’ needs.
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Egypt’s annual headline inflation rate increases to 13.5% in April 2025
The report attributes the inflationary pressure to notable price hikes in essential sectors. Electricity, gas, and fuel costs jumped by 6.7 percent.
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Egypt expands migratory bird conservation, eco-tourism initiatives
A significant milestone came in 2014, when Egypt hosted the UN Convention on Biological Diversity.
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Egypt offers payouts after faulty fuel confirmed at petrol stations
The Ministry of Petroleum offers up to EGP 2,000 compensation as quality tests uncover five non-compliant gasoline samples across multiple governorate
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Egypt and Turkey conduct first high-level military meeting in Ankara
The first high-level military dialogue meeting between Turkey and Egypt was held in the Turkish capital, Ankara.
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Egypt rolls out new e-Visa for 78 countries
On May 5, 2025, Egypt’s Prime Minister Mostafa Madbouly sat down with ministers to review how to roll out the digital permits.
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Saudia unveils its international credit card in Egypt
Saudia has announced the introduction of its first international credit card in Egypt, in collaboration with Visa.
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Pyramids Half Marathon tops National Geographic list of world’s most amazing running routes
This achievement comes within the Egyptian state’s current strategy to promote sports tourism and attract international events.
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Egypt Sets New Record with $3.2 Billion in Gold Exports in Early 2025
January saw $929.5 million in exports, followed by an exceptional $1.804 billion in February.
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Egypt: Talaat Moustafa Group records $3.15bln in sales year-to-date
This performance includes $1.38bln in sales achieved in a single day from the second phase launch of its North Coast project, SouthMed.
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Trade turnover between Russia, Egypt hits record $9 bln in 2024
Today Moscow and Cairo foster a regular and meaningful political dialogue, Putin noted.
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Germany, Egypt seal FSRU charter deal
Germany's Ministry for Economic Affairs and Energy has signed a deal with Egypt's state-owned EGAS to charter the 174,000-cbm FSRU Energos Power.
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Egypt and Greece Forge Stronger Ties with Strategic Pact and Energy Cooperation Boost
Implementation of the 3 GW GREGY interconnection project is scheduled to begin before the end of the second half of 2025.
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Egypt joins consortium to unlock $100 billion opportunity in clean industrial projects
The partnership, announced in Abu Dhabi, aims to fast-track critical clean industrial projects with investment opportunities exceeding $100 billion.
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Egypt economic reforms greatly benefit private sector: EBRD president
With €13.8 billion in financing and investments in the Egyptian private sector, the bank is considered the strongest European lever in Egypt.
