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Up to 60 days to issue amendments on the old rent law in Egypt
Among the most prominent features of the new draft law is the setting of a new rental value for housing subject to the old rent law.
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Egypt Positioned as a Digital Innovation Hub at AmCham Conference
Egypt strengthens its global position as a digital hub, emphasizing talent, cost savings, and investment opportunities at AmCham Conference.
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CBE receives $1.17bn in bids for dollar-denominated T-bills auction
The proceeds will be used to repay a previous issuance from 30 April 2024, through which the Bank raised $997.6m.
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€10M EU Contribution Fuels Egypt-Greece Power Link
To support solar energy scalability, the ministry aims to deploy energy storage systems with a combined capacity of 3,500 megawatts.
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EGAS Signs MoU with ExxonMobil
The MoU will encourage ExxonMobil to develop an integrated development plan if exploratory drilling activates lead to positive results.
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Egypt targets $145bln in exports by 2030
The Minister pointed to major infrastructure investments, including cities, ports, logistics hubs, and upgraded transport networks.
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IMF and World Bank expect Egypt’s economic growth to increase
Mashat reviewed the most important economic developments, including the results of Egypt’s participation in the IMF Spring Meetings.
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Egypt Secures Over 644,000 Tons of Local Wheat
According to Farouk, wheat reserves—factoring in current contracts—are sufficient for 3.4 months.
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HDP breaks ground on EGP 2.5bn Talda project in Mostakbal City
HDP aims to deliver the residential units within 24 months, reflecting its solid financial position and commitment to meeting customer expectations.
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How can you increase organic traffic for your site?
In 2025, marketers must pivot toward funnel-focused, AI-aligned strategies if they want to maintain organic visibility and drive real results.
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Egypt to Host 2027 ACI World Annual General Assembly in Sharm El Sheikh
The Egyptian Holding Company for Airports and Air Navigation has officially secured the rights to host Assembly in 2027.
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AXA Egypt launches first gold investment fund
AXA Egypt has a broader strategy to deliver integrated offerings that cater to a diverse client base seeking secure, return-driven investment tools.
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B.Laban pays LE140 mln in dues to the Egyptian Tax Authority
Government sources said that the Egyptian Tax Authority is continuing to study and examine the B.Laban Company’s tax file.
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Transforming EMRA Into Economic Entity to Make Egypt Mining Hub
Badawi stressed the importance of integrating and strengthening cooperation between the parliament and various state institutions.
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Egypt & UAE’s Othman International Launch Green Industrial Ventures Worth LE 1.7 Billion
With a capital of EGP 1 billion, the project is expected to bridge the local supply gap and export around 80% of its output.
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Egypt alone has sovereignty over the Suez Canal: Official sources
Official Egyptian sources have criticized the US President’s statements, describing them as another example of American bullying.
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Aviation major driver of economic growth and connectivity in Egypt
Directly and through its well-developed tourism industry, aviation supports nearly 1.4 million jobs.
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Gypto Pharma and Dua Pharmaceuticals Forge Strategic Alliance to Advance Egypt’s Global Pharma Ambitions
The collaboration is designed to strengthen local manufacturing capabilities and help Gypto Pharma obtain accreditation from FDA.
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Cairo Opera House screens Seeking Haven for Mr. Rambo for free
The film follows Hassan and his dog, Rambo, who embark on a mission to find a safe place for Rambo after he attacks Karem.
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Egypt’s Private Sector Investments Surge by Nearly 80 Percent Amid Economic Reforms
This is the highest rate seen in years, as a result of recent government reforms aimed at fostering competitive neutrality.
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MSMEDA injects $51mln to finance 130,000 SMEs in Fayoum
The meeting also witnessed the signing of two new contracts to finance microenterprises in Fayoum.
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Trump says US ships should be allowed to travel through the Suez canal for free
Egyptian MPs have described the statements as 'bullying'.
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Egypt expects 6% rise in international tourist arrivals this year
Egypt may revise its annual forecast upwards later in the year, as the first three months of 2025 showed a 25 per cent annual increase.
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What is the highest return on CDs in Egypt?
The CBE announced a reduction in the interest rate on deposits to 25 percent and on loans to 26 percent.
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Egypt’s Budget Deficit Falls to 5.1 Percent of GDP Amid Strong Revenue Growth
The Ministry reported that the deficit reached LE 879.3 billion, equivalent to 5.1 percent of GDP, down from LE 898 billion, or 6.5 percent of GDP.
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El-Sisi stresses businessmen role in boosting Egypt-Kuwait cooperation
More than 25 percent of the Kuwait Fund for Development’s projects are located in Egypt.
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Egypt–Italy Trade Ties Strengthened; Exchange Surpasses $6 Billion
Italy was identified as Egypt’s largest European trade partner, and this figure marked a notable rise from the $5.9 billion recorded in 2014.
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Suez Canal economic zone with China brings in $3 billion
Egypt was one of the initial founders of the Bandung conference in 1955.
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Egypt's Agricultural Revival Focuses On Cotton And Flax
Egypt has recently witnessed a surge in agricultural initiatives aimed at achieving self-sufficiency in various crops.
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Document shows that Egypt purchases 466,266 tonnes of wheat from local farmers
Wheat has been reported to be less profitable as compared to crops such as beet. The area of this crop increased from 500,000 feddans up 700,000.
