Latest news
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18 key facts about Egypt’s new economic development narrative
The framework aims to align reforms under Egypt Vision 2030, with a focus on job creation, private sector empowerment, and a gradual green transition.
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Digital payments in Egypt expand at record pace
With financial inclusion rising to 76.3% as of mid-2025, mobile wallets are emerging as a cornerstone of the government’s cashless agenda.
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Egypt’s new capital secures EGP 50 billion in 2025 investment
Egypt’s New Administrative Capital has sustained a strong flow of investment in 2025, with commitments reaching about EGP 50 billion.
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Investments in Egypt’s New Capital Hit EGP 50 Billion in 2025
Investments in Egypt’s New Capital reached EGP 50 billion this year, with total assets now at EGP 360 billion and profits reaching EGP 35 billion.
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Egypt strengthens inter-ministerial cooperation to upgrade healthcare sector
The health minister emphasized the need to accelerate project implementation, adhere to established timelines, and conduct regular follow-ups.
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Egypt’s mobile wallet transactions surge 80% as cashless drive accelerates
Egypt’s mobile wallet sector posted rapid growth in the second quarter of 2025, with financial transactions jumping 80 percent year-on-year to 718 m.
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Egypt ‘Will Not Be Impacted’ by Cancellation of Israeli Gas Deal, Says SIS Head
Rashwan described Israeli Prime Minister Benjamin Netanyahu’s threats to shelve the multi-billion-dollar gas deal with Egypt as political pressure.
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Core inflation slows to 10.7% as CBE cuts rates by 200 points
On a monthly basis, core inflation declined to 0.1 percent, compared with 0.9 percent in August 2024.
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Egypt, Azerbaijan to hold joint committee, business forum in October
It aims to advance economic, trade, and tourism cooperation and will cover opportunities in fields including renewable energy, oil and gas.
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Egypt, UNICEF launch 1st intellectual education curriculum for kindergarten
The Ministry of Education and Technical Education has launched Egypt’s first intellectual education curriculum for kindergarten, developed in partners
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Egypt launches advanced seismic survey project in Eastern Mediterranean
The minister stressed that the initiative will support exploratory and productive drilling activities, ultimately boosting domestic gas production.
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Egyptian Museum in Tahrir Opens Exhibit of Amenhotep III Palace Murals
Permanent exhibition assembles restored paintings from King Amenhotep III’s Malqata palace for the first time since their 19th-century discovery.
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Letswork expands to Egypt and Lebanon with 25 new workspaces across the region
Regional expansion taps into growing hybrid-work trend, with nearly three in five Middle East employees favouring flexibility.
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El-Sisi urges BRICS to embrace local currencies
El-Sisi outlined five strategic priorities he believes are crucial for navigating today’s global challenges.
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Pakistan’s Interloop to invest USD 35 mn in Qantara West garment factory
The 60k sqm facility will produce socks for global brands, denim, and sportswear.
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Egypt Secures Over 1M Tons of Fertilizers for Summer Season
Fertilizers are provided at a subsidized and fixed price of 4,500 EGP per ton, with only minimal transport fees allowed.
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Marabu Airlines Launches New Route from Münster/Osnabrück to Hurghada
Marabu Airlines will introduce a new seasonal route in summer 2026 from Münster/Osnabrück Airport (FMO) to Hurghada, Egypt.
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Egypt plans 30% expansion of airline fleet
Madbouly highlighted recent growth in arrivals and described tourism as one of Egypt’s fastest-growing sectors and a key source of foreign currency.
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Egypt, Sudan worry about water as Ethiopia's mega dam opens
Ethiopia has high hopes for its Grand Ethiopian Renaissance Dam, which is expected to double the nation's electricity capacity.
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Microsoft assures Azure cloud services stable after Red Sea cable cut
It added that its engineering teams were working to mitigate the impact of the problem by rerouting traffic to alternative routes.