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Egypt eyes global bidding for planning area around the Pyramids
The area is the one surrounding the Pyramids and the Grand Egyptian Museum (GEM), up until Sphinx Airport to the north and Dahshur to the south.
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Egypt's parliament approves €1B MOU with EU to bolster economic support
This collaboration will also strengthen European investments in key sectors such as renewable energy, green hydrogen, and food security.
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Egypt’s Nowlun closes $1.7 million Seed round
Egypt-based logistics startup Nowlun has raised $1.7 million in seed funding, led by Nama Ventures and A15.
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Egypt, Jordan Enter New Agreement to Use Egyptian LNG Infrastructure
This collaboration aims to secure supplies and achieve mutual benefits by optimizing the use of existing infrastructure.
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Egypt Unveils Startup Sync: Communication Hub for Entrepreneurs
The platform offers financial backing, expert advice, and partnerships to boost startup competitiveness.
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Arab Ministerial Council for Electricity selects Egypt as current term president
This selection underscores Egypt's pivotal role in supporting Arab cooperation within the framework of the Arab League.
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173,000 tons of Egyptian food products exported on November 23-29
Citrus was in the lead of exported fruit list with 18,000 tons exports to be followed by strawberry at 5,000 tons.
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Seafood Exports From Egypt to Europe Resumed
The resumption follows the implementation of a monitoring system, ensuring quality control from source to market.
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Algeria, Egypt Discuss Energy, Mining Collaboration
Potential areas for collaboration include oil and gas exploration, infrastructure development, power stations and mineral resource utilization.
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BP's volume of investments in Egypt during 60 years reaches $30B
Auchincloss highlighted BP’s plans to begin production from several wells, with one expected to start operations in the first quarter of next year.
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Cairo’s New Monorails: Revolutionizing Urban Mobility
The metropolitan area of Cairo is adding a 97 km monorail system to the transit systems in the city, set to become the world’s longest monorail system
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Business sector explores collaboration with Turkish Fertilizer Company IGSAS
Minister of Public Business Sector, Mohamed Shimi, recently met with a delegation from IGSAS, a leading Turkish fertilizer producer.
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Egypt Adopts Mechanism to Stabilize Exchange Rate by No More than 3 - 4% Change
The government is making intensive efforts to facilitate the entry of investors into the Egyptian market.
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'We won’t repeat past mistakes': Egypt PM says
The dollar's value fluctuated between 4 to 5 percent ($1/EGP 47 to $1/EGP 49) after the country adopted a flexible exchange rate in March.
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Entlaq, Informa Markets forge strategic partnership to accelerate Egypt's clean-tech growth
This first-of-its-kind report provides a comprehensive analysis of Egypt’s clean-tech sector, focusing on renewable energy.
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Egypt plans local production line for modern combat aircraft
AOI is working hand in hand with Egypt’s armed forces and international partners to design and produce a domestically-manufactured advanced aircraft.
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All you need to know about eSIM
Egypt's National Telecommunications Regulatory Authority (NTRA) is preparing to launch the eSIM (embedded SIM) service now that it is ready for use.
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Egypt unveils plans to transform pyramids area into tourist hub
The sector continues to perform well, with hotel occupancy rates averaging over 75%, and in some areas, occupancy has surpassed 90%.
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Egypt, Germany aim for €9B trade boost by end of 2024
Egypt’s Commercial Representation Office highlighted a range of investment opportunities for German companies.
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Egypt partners with Swiss & Emirati firms to build EGP 1 bln plant for infrastructure piping
Swiss-based GF Piping Systems, Egypt's Gas Company, and the UAE's Green Coast Enterprises inaugurated a plant in Cairo on Thursday.
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Egypt tops global palm dates production with over 1.8 mln tons annually
Egypt leads the world in palm dates production, with an annual yield exceeding 1.8 million tons, accounting for 18 percent of the global output.
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Orascom Announces Additional Investment in Giza Pyramids Development Project
This brings the company’s total investment in the project to EGP 1.5 billion (USD 30.25 million), as stated in an interview with CNBC Arabia.
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Egypt’s Car Imports Rise To $1.7B in 1st 8 Months of 2024
Egypt’s car imports surged during the first eight months of 2024, totaling $1.692 billion, up from $1.155 billion during the same period in 2023.
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Egypt, Qatar to cooperate on north coast real estate project
Madbouly added there was a ‘request’ from the Qatari side for tourism investment opportunities in the north coast region.
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Freighter Runs Aground on Egypt's Red Sea Riviera, Spilling Fuel
On Friday, a coastal freighter ran aground on a reef off El Quseir on the Red Sea coast of Egypt, spilling an unknown quantity of fuel.
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Egypt Gold exports hit $2,1 billion in nine months
Egypt’s gold exports reached $2,17 billion in the first nine months of this year, compared to $1,11 billion in the same period of 2023.
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Egypt launches company to build new SAF facility
A new company has been launched in Egypt to build a US$530M sustainable aviation fuel (SAF) facility, Egypt Oil & Gas reported.
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Egypt’s RoRo Line Launch: Major Step in Transforming Egypt into Regional Logistics Hub
As part of this transformation, the government is focusing on improving and expanding the country's port infrastructure.
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Rise of Egypt’s juicing industry likely to impact European citrus market
The company is set to operate a large-scale juicing facility capable of processing 150,000 tonnes of oranges annually.
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El-Sisi issues decree appointing Central Bank of Egypt board for 1 year
President Abdel-Fattah El-Sisi has issued a decree appointing the Central Bank of Egypt (CBE) board of directors, chaired by Hassan Abdullah.
