Latest news
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Egypt Harvested Over 700,000 Wheat Feddan since April
The country allocated $59.69 million for a down-payment to state grain buyers to purchase wheat from local farmers.
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23.2% decrease in trade deficit in March 2024: CAPMAS
The trade balance deficit reached $2.37bn during March 2024, compared to $3.09bn for the same month in the previous year.
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Egypt to unveil new investment opportunities for Arab, foreigner investors next month
The government will unveil several investment opportunities in key sectors during the joint investment conference between Egypt and the European Union
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Egypt’s path to expand social protection, confronting inflation
In the FY 2023/2024 plan, Egypt boosted its social support and protection programs by allocating LE 529.7 billion.
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US Apache Plans $1.4 Bln Investments in Egypt in 2024
Christmann said Apache upgraded its work mechanisms in Egypt which contributed to increasing oil production by 10 percent to over 150,000 barrels/day.
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Egypt surpasses Spain and Morocco in Canadian orange market
In the first quarter of this year, Egypt's orange exports to Canada have already surpassed the total for all of 2023, establishing a new record.
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Egypt advances green hydrogen projects with 27 MoUs, 10 binding agreements
Al-Minshawi highlighted that multiple meetings have taken place with the European Union to discuss hydrogen projects in Egypt.
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Orange Egypt Doubles Customers' Donations via 'Orange Cash' to Support Charitable Organizations
The company allocated part of its donations to support and assist 9 non-profit charitable organizations.
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Evidence of surgical tumor removal in ancient Egyptian skull
New evidence from a skull more than 4,000 years old has revealed that ancient Egyptian physicians may have tried to treat certain cancers with surgery
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7 Updates in the Egyptian fintech industry
The fintech sector in Egypt is experiencing rapid growth and transformation, with several significant developments shaping the future of finance.
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How AI can transform marketing in Egypt
Egyptian marketers are increasingly turning to AI to enhance their strategies, improve customer engagement, and drive growth.
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Why is Egypt raising the price of subsidized bread?
This move, although necessary for economic sustainability, carries considerable political risks given the historical sensitivity surrounding bread.
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Egypt to build world-class hotels near Grand Egyptian Museum
Complimentary aesthetic touches are needed in the area surrounding the museum and all roads leading to it.
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Google is changing search
The internet is about to change rapidly. Google answers search with AI. Websites are losing traffic and moving images are merging with advertising.
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Egypt registers 3rd largest volume of real-time payments in Africa in 2023
By 2028, real-time payments are predicted to account for more than one-third of payments in the country.
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Egypt to lift fuel subsidies within 4 years: Official
The state has drawn up a plan to gradually lift subsidies on fuel and petroleum products by the end of 2025, Hommosany said.
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Egypt to Launch New Pipeline Costing $36M to Transport Fuel on Mediterranean Coast
The project, which will cost EGP 1.70 billion (roughly $36 million), is expected to begin operations in phases by the end of 2024.
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Marsa Matrouh airport receives 1st flight from Warsaw after 2-year hiatus
Flowers, chocolates, souvenirs and travel guidebooks were distributed to the passengers upon their arrival at the airport.
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South Korean Amb.: Egypt on its way to becoming a regional center for electronics industry
The electronics industry will be an essential element in economic cooperation between Korea and Egypt.
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Why is Egypt raising electricity prices despite new gas discoveries?
The country’s needs for petroleum and natural gas amounts to US$55 billion annually, while local production only amounts to $33 billion.