Latest news
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Egypt promotes new economic model to European partners in Brussels
Egypt launches new economic development narrative in Brussels, focusing on structural transformation, private sector empowerment, and tradable sectors
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CBE launches new fund to drive transformation, competitiveness in banking sector
The Central Bank launches Banking Sector Support and Development Fund to strengthen resilience, competitiveness, and technological capacity of banks.
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Egypt’s garment exports hit record as Turkish, Chinese firms shift production
Garment exports surge 23% to a record $2.21B as Turkish and Chinese firms relocate production. Projected to reach $5B by 2030 per AECE data.
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Egypt keen to facilitate procedures for gas exploration projects, Sisi affirms to ExxonMobil
President Sisi emphasizes state commitment to natural gas exploration as he meets ExxonMobil VP of Global Exploration John Ardill on Sunday.
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Egypt clinches ISO presidency, 1st for the Arab world
Egypt was elected to lead the International Organization for Standardization (ISO) after securing 63 votes against Argentina in a competitive race.
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Why Your Favourite Brands Keep Vanishing from Egyptian Shelves
Imported brands vanish from shelves due to FX squeeze, compliance rules, and inflation. $79B in goods cleared but availability remains uneven.
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Egyptian industry body proposes low-interest home loans linked to unit size
Real estate body proposes state-backed low-interest home loans linked to unit size to help lower- and middle-income groups access housing.
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Egypt unearths New Kingdom military fortress on Horus’s Way in Sinai
Egypt unearths a massive New Kingdom military fortress on Horus's Way in Sinai, spanning 8,000 square meters with 11 defensive towers discovered.
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Ancient port discovery off Egypt’s coast brings archaeologists closer to Cleopatra’s lost tomb
Submerged ancient port discovered near Taposiris Magna may lead to Cleopatra's tomb. Site features structures, columns, and Ptolemaic artifacts.
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France Handed Over New Rafale Fighters to Egypt
Egypt receives a batch of Rafale F3R fighter jets from France under a 2021 defense contract, bolstering military aviation capabilities.
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Standard & Poor’s raises Egypt’s rating to ‘B’ with stable outlook
Standard & Poor's upgrades Egypt's sovereign credit rating to "B" with a stable outlook, signaling improved creditworthiness and confidence.
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Why Egypt’s $30B Remittance Fintech Market is Ripe for Disruption
Egypt's $30B remittance market faces fintech disruption as startups like Munify, Telda, and Paynas rebuild corridors and reshape financial access.
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Egypt’s annual headline inflation hits 10.3% in September
Egypt's annual inflation drops to 10.3% in September from 11.2% in August, showing continued moderation in price pressures per CAPMAS data.
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Egypt’s BoP records $2.1 bln deficit in FY24/25 despite strong remittances, tourism gains
Egypt's balance of payments swings to a $2.1B deficit in FY2024/2025 from a $9.7B surplus the previous year, per Central Bank data released Wednesday.
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Egypt reports record 7.5 million tonnes in agricultural exports
Agricultural exports hit a record 7.5M tonnes, with citrus leading at 1.9M tonnes. Egypt now exports 405 products to 167 countries.
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Upcoming Egypt–EU Summit to mark milestone in strategic partnership
Planning Minister says upcoming Egypt-EU Summit on October 22 in Brussels will strengthen strategic comprehensive partnership between both parties.
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Egypt’s PM, Kenya president discuss cooperation on sidelines of COMESA summit
The Egyptian PM meets Kenya President at the COMESA Summit in Nairobi to discuss bilateral cooperation and strengthen East African trade relations.
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Egypt participates in G20 trade, investment ministerial meeting in S.Africa
Egypt participates in G20 Trade and Investment Ministerial Meeting hosted by South Africa in Johannesburg from October 9-10, 2025.
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Gold prices in Egypt reach record highs by mid-Wednesday
Gold prices in Egypt climb to unprecedented levels by mid-Wednesday, reaching record highs according to iSagha market data.
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Petroleum ministry launches podcast to promote oil, gas and mining transparency
The Petroleum Ministry launches the "Petrocast" digital podcast to enhance transparency and public engagement in the oil, gas, and mining sectors.