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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.
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Egypt and China sign 1st phase of debt-for-development swap program
Egypt swaps part of the $8 billion owed to China into financing for health, transport, energy, education, boosting growth, and reducing FX strain.
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Egypt, China ink 3 financial cooperation agreements
Egypt and China sign 3 MoUs on yuan swap, UnionPay integration, and fintech collaboration, boosting local-currency trade and payments.
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Egypt’s central bank keeps interest rates unchanged
CBE keeps deposit at 24% and lending at 25%, pausing rate cuts amid cooling inflation and steady GDP growth.
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El Sewedy Industrial Development, Turkey’s Bony Textile Join Forces to Launch $100M Textile Factory in Egypt
El‑Sewedy teams with Turkey’s Bony Textile on a $100M factory in 10th of Ramadan, creating 2,500 jobs and boosting textile exports.
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Egypt, China central banks sign pacts to boost yuan use, payment systems
Egypt and China’s central banks sign MoUs to promote yuan use, enhance payment systems, and facilitate local currency settlements.
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Telecom Egypt restores services after Ramses Central fire
After a fire at Cairo’s Ramses telecom hub killed 4 and cut service to 62%, telecom traffic was rerouted and restored within 24 hrs.
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Egypt’s Mobile Operators "Reroute Network" Traffic After Ramses Central Office Fire
Vodafone, Orange, and Etisalat reroute traffic post-Ramses fire to backup centers, minimizing service disruption across Egypt.
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CIB inks $19.4mln financing deal with OSL for Giza Pyramids sound and light project
CIB provides $194M to OSL to modernize the Giza Pyramids sound & light show, upgrading the experience and boosting tourism revenue.
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Cabinet Holds Weekly Meeting on Political, Economic, Social Files
Egypt’s cabinet reviewed key political, economic, and social initiatives, reinforcing policy continuity and reform momentum.
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Is Central Bank of Egypt poised for fresh rate cut on Thursday?
CBE decides to hold rates steady at the July meeting, balancing inflation risks with growth stability.
