Latest news
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Egypt becomes MENA’s 3rd-largest construction hub
The report highlighted $120 billion worth of awarded construction contracts in Egypt, with an additional $565.5 billion in the pipeline.
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Private sector overtakes state in Egypt’s investment drive
The Ministry of Planning, Economic Development, and International Cooperation reported that private investment climbed to LE 590.7 billion.
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Vaalco to Intensify Operations in Eastern Desert
Badawi praised Vaalco’s decision to intensify operations and explore new concession opportunities, especially in the Eastern Desert.
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Egypt Post wins membership in the Universal Postal Union's Council
This win is a clear embodiment of the regional and international role played by Egypt Post over the past years.
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Egypt Posts Strongest Quarterly Growth in Three Years at 5%
Non oil manufacturing tourism and information and communications technology led quarterly gains, and private investment rose to 47.5% of total.
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Egypt hosts 9th Mediterranean central banks conference
Bringing together governors, policymakers, and senior officials from across the Euro-Mediterranean region to discuss innovation, financial integration
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Official Bank Holiday in Egypt on October 9 for Armed Forces Day
This decision was issued in coordination with the Central Bank of Egypt, in line with national holiday regulations.
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Egypt’s tourism revenues exceed US$9 billion so far
Fathy noted that last year saw the entry of 15.8 million tourists, achieving a growth rate of six percent compared to the previous year.
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Egypt summer 2025 sees rise in last-minute travel, leisure spending
Visa, a global digital payment services provider, has revealed a significant rise in consumer spending during Egypt’s 2025 summer holiday season.
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Egypt to issue new Sukuk next week, attracting over $9B in orders says Finance Ministry
Egypt is set to raise $1.5 billion through a dual-tranche sukuk issuance scheduled for Tuesday, October 7, 2025.
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Egypt unveils Smart Cities Strategy to drive sustainable urban transformation
Awad highlighted that sustainable urban development is a top priority in the government’s 2024–2027 programme.
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Egypt, South Korea mark 30 years of ties with economic partnership push
Egypt and South Korea reaffirmed their commitment to strengthening trade, investment, and technological cooperation.
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Ministry of Industry announces latest list of targeted industries as priorities for localization
The Ministry explained that the industries were selected based on multiple criteria: the availability of energy sources and labor cost.
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Will Egypt shield ceramic producers from Chinese dumping?
Ceramic makers are awaiting safeguard tariffs on Chinese imports, as local producers warn of unfair competition.
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Shell Lubricants Egypt, EDC renew 5-year strategic partnership
Founded in 1976, EDC is Egypt’s largest drilling company, with operations extending across multiple countries in the Middle East and Africa.
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Egypt, Greece agree to study Europe power link project
Egypt and Greece have signed an agreement to complete “technical and economic studies” for a major electricity interconnection project.
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Accor wants to operate 22 new hotels in Egypt
PLUS- UAE-based Gewan Hotels wants to expand its footprint in Egypt.
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Egypt’s real estate market draws gulf wealth, but luxury supply still lags
Foreign direct investment is vital at a time when the Egyptian government is working hard to stabilize the economy.
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Factbox: Key facts on Egypt’s GDP growth in FY2024/2025
The Ministry of Planning, Economic Development, and International Cooperation released on Tuesday the main macroeconomic indicators for FY2024/2025.
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China Eyes $2 Bn Textile Industrial City in Egypt Amid Growing Trade Ties
Chinese investments in Egypt are currently estimated at $10 billion, the majority concentrated in the Suez Canal Economic Zone.