Latest news
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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.
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Badawi Outlines Egypt’s Strategy to Attract Investment, Secure Local Needs at Gastech 2025
A comprehensive package of measures, including investment incentives and the settlement of foreign partners’ receivables is also essential.
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TMG’s Arab Company for Projects upgraded to AA- on record sales
TMG’s board recently approved its results for the first half of 2025, which showed unprecedented record performance.
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Egyptian pound hits strongest level against US dollar in over a year
According to the CBE, the US dollar is now trading at EGP 47.9 for buying and EGP 48 for selling.
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Fayoum to Get Its First Geopark in Cooperation With UNESCO
Officials from the Ministry of Environment and UNESCO have agreed to assess criteria for a Fayoum geopark, alongside expanding marine conservation.
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Egypt launches new economic development narrative
The focus is on boosting job creation and pushing forward the country’s economy amid the unprecedented global and regional geopolitical challenges.
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Emaar Misr, Citystars to develop a EGP 900 bn Marassi on the Red Sea
The four-year, 2.4k-feddan development near Hurghada will mirror Marassi North Coast.
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Telecom Egypt approves $260m data hub deal with Helios
The new company will focus on developing data centres in Egypt after the RDH assets are restructured.
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EBRD, EU and GCF promote green lending in Egypt
U to provide technical assistance to promote capacity building for micro, small and medium-sized enterprises in their green investments.
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BP signs preliminary deal with Egypt's EGAS to drill five Mediterranean gas wells
Egypt, once a regional exporter, has increasingly turned to imports to meet rising domestic gas demand as output declines from aging fields
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Egypt plans to boost its rail freight capacity by 46%
With its location at the crossroads of three continents, Egypt is ideally positioned to be a logistics hub. In a way it already is, thanks to the Suez
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100 Days of Health campaign provides more than 77 million free services in 53 days
As many as 391,510 services were provided by the campaign on Friday, according to Health Ministry Spokesman Hossam Abdel Ghaffar.
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Egypt’s North Coast could be the Mediterranean’s next luxury hotspot
A $35 billion coastal overhaul, led by Mohammed Al Abbar, aims to make Egypt’s Mediterranean coastline a global hub for luxury tourism and investment.
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Oman partners with Egypt’s Prime Group to launch 1st AI zone in Muscat
Omani Afouq Developments and Egyptian Prime Group announced the launch of Oman's first Artificial Intelligence (AI) and Advanced Technologies Zone.
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Cairo Intl. Airport Is Getting a New USD 4.5 Billion Terminal by 2029
The new USD 4.5 billion terminal is set to handle up to 40 million passengers within four years.