Latest news
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Egypt launches 10-year plan to boost iron, steel industry
Egypt has launched a 10-year strategy to transform its iron and steel industry into a regional hub.
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UAE emerges as top destination for Egypt’s engineering exports in 2025
Experts believe that this could pave the way for expanded market access across the Gulf and the wider Middle East region
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Egypt seen cutting interest rates by 100 basis points
The Central Bank of Egypt is expected to lower its overnight interest rates by 100 basis points on Thursday as inflation continues to abate.
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Egypt made ‘significant progress’, deeper structural reforms needed
Egypt has made “significant progress” in restoring macroeconomic stability since March 2024, but deeper structural reforms are needed.
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China’s CSG Holding Announces Egyptian Solar Glass Factory
Chinese manufacturer plans RMB 1.75 billion investment to expand its manufacturing footprint.
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Egypt signs bioethanol deal with China’s TianChen
Petrochemical equipment parts being manufactured in Qingdao, China. Egypt is forging partnerships with China in the sector.
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Egypt’s wheat imports projected to rise to 12.7 MMT in 2025/26
Egypt is projected to import 9.5 million tonnes, up 9% on increased demand from the poultry sector.
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Egypt Reaps $295M from Sukari Gold Mine in 2024
This is divided into $15.42 million in taxes, $28.78 million in royalties, and $251 million in dividends.
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No further fuel price hikes after October adjustment
He also noted that recent declines in domestic gas and petroleum output are due to weaker exploration efforts rather than resource shortages.
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Egypt a key trade gateway in global supply chain shift
As Asia and the Middle East become top destinations for companies reshaping their supply chains, Egypt is emerging as a key trade gateway.
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Egypt’s SCZone attracts $10.4bln projects as investments surge
Egypt's Suez Canal Economic Zone signs 34 projects worth $10.4B over 38 months across Sokhna, Kantara, Ismailia, and East Port Said.
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Egypt secures fourth tranche of Japanese funding for Cairo Metro Line 4
Egypt secures fourth tranche of Japanese funding for Cairo Metro Line 4, 19km Phase 1 with 17 stations serving 1.5M daily passengers.
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NBE signs cooperation protocol with Plan International to boost SMEs, microenterprises
National Bank of Egypt signs cooperation protocol with Plan International to support SME sector development and job creation.
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Egypt, Korea ink deal to boost vocational training in green automotive technologies
Egypt and South Korea sign $10M cooperation agreement to upgrade vocational training in electric vehicle and CNG technologies.
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EBank launches World MasterCard credit cards with limits up to $41,554
Export Development Bank of Egypt launches World MasterCard credit cards offering credit limits up to EGP 2 million.
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Egypt Launches ABC Hospitality Academy to Enhance Tourism Workforce and Support Growing Hospitality Industry
ABC launches hospitality academy to train 500+ professionals by 2025, supporting Egypt's goal of 30M tourists by 2028 with UK certification.
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The Egyptian AI Hangout App Built by Users
Cairo-born AI hangout app Hype joins Antler's global VC program, downloaded 2,000+ times with 35+ nationalities registering.
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Entlaq Summit 2025 launches in El Gouna with release of SDR 2025 Report
Third edition of Entlaq Summit launches in El Gouna with release of Egyptian Entrepreneurship Sector Diagnostic Report 2025.
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Egypt Sets Stage for Cairo Water Week to Address Global Water Crisis
Egypt hosts Cairo Water Week Oct 12-16, featuring 100+ sessions on water sustainability with 20+ international organizations participating.
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Cairo to host regional accountants’ summit on sustainability, digital transformation
Cairo hosts major regional conference bringing together accountants, auditors, and policymakers to discuss sustainable development.