Latest news
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10 things you need to know about the closure of retail brands in Egypt
This move comes as a response to the prevailing economic challenges, including the devaluation of the Egyptian Pound.
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New gold mine discovered in Egypt's eastern desert
The advisor to the Egyptian Minister of Supply for Gold Industry affairs, has unveiled the discovery of a substantial gold mine in the Abu Marwat area
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The impact of reduced foreign currency credit card limits
Since 2022, Egyptian banks have been grappling with the challenge of preserving foreign currency resources amid a server shortage.
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10 Key facts about Egypt's focus on prioritizing local industry
rime Minister Mostafa Madbouly highlighted the nation's determination to prioritize local industry, fostering economic growth and job creation.
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Egypt develops cutting-edge AI solution to predict commodity price fluctuations
Egyptian government is embarking on the development of an innovative AI-based system designed to forecast potential crises in the local marketplace.
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Top 10 things you need to know about the new electricity prices
These new electricity prices are expected to have significant implications for both citizens and the economy as a whole.
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Egypt gold market between highs and lows
Understanding the dynamics at play sheds light on Egypt's unique gold market situation. Here are some key insights into Egypt's gold price state.
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2,600 new hotel rooms in downtown Cairo
Mugamma Al-Tahrir building is set for a transformation into a luxury hotel through a $200 million investment by a US consortium.
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Egypt's petroleum sector thrived in 2023, here's how
Egypt has sealed 29 agreements valued at an impressive $1.2 billion for oil and gas exploration.
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10 things you need to know about 'frozen dollars' in Egypt
These frozen dollars are being sold at a jaw-dropping 50% below the parallel market rate, raising questions about their authenticity and legality.
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Shipping companies are returning to the Suez Canal
Maersk cited the deployment of a military force led by the United States as a pivotal factor in their return.
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Is Egypt's sugar crisis over?
Egypt has secured a significant import of 50,000 tons of raw sugar scheduled to arrive in February 2024.
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What do TikTok, Temu and YouTube have in common? User-centricity
Those who know what customers want have a clear advantage. And whoever integrates this into their business model wins.
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10 facts you need to know about the situation in the Red Sea
Discover 10 crucial facts about the Red Sea situation affecting Egypt's economy and global trade, from ship diversions to the energy market impacts.
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Are these people genuine or copies?
Artificial intelligence makes it easier to create simple copies of people. But we're not that much further along than we were in 1966.
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Understanding debt restructuring: The case of Egypt
This article delves into why Egypt might consider this financial strategy, the implications for its economy, and the role of the IMF.
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10 key insights into Egypt's thriving food export industry in 2023
Understand Egypt's global food trade dynamics and its rising prominence in the international market.
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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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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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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.