Latest news
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Egypt’s unemployment falls from 13 percent to 6.9 percent in 10 years
There are 28,298 irregular workers now working in New Alamein City, and 65,261 workers in the New Administrative Capital, the ministry said.
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Number of international tourists to Egypt rises by 4% in Q1 of 2024
In 2023, the figure of international tourists to Egypt jumped by 27.4 percent hitting 14.9 million, which is the highest in the country's history.
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Book from Egypt, among oldest in existence, expected to fetch $2.6 million at auction
A book from Egypt that was written at the dawn of Christianity and is considered one of the oldest books in existence to be auctioned in June.
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Egypt now host to tallest flagpole in the world at New Administrative Capital
President Sisi took the new term's constitutional oath before the House of Representatives at its new headquarters in the New Administrative Capital.
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Egypt's NIRs reach $40 bln in March - the highest since February 2022
Egypt’s Net International Reserves reached $40.36 billion at the end of March 2024, the highest since February 2022.
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Daylight saving time to start in Egypt on Friday, April 26
Daylight saving time will be applied this year on Friday, April 26, where the clock will be advanced by 60 minutes at midnight on Thursday.
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Egypt’s Elsewedy to break ground on a new industrial park within weeks
The zone will be located near the 6 October dry port and linked by railway to Alexandria port.
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Egypt Targets 42% Renewable Energy Share By 2035: Petroleum Min
Some of the world's largest corporations are now engaged in research and exploration activities in the Mediterranean.
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Egypt's non-oil business sector yet to gain from IMF deal, PMI shows
An expanded IMF agreement and major investment by the UAE provided little relief to Egypt's non-oil private sector in March.
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Egypt awards British Steel contract to supply tracks for high-speed railway project
There are high hopes that "The Green Line" will revolutionise a decaying transport system in the Arab World's most populous country.
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Egypt gears up for investment conference with EU
The conference, scheduled for June 29, 2024, underscores the Egyptian government’s commitment to attracting foreign and local investment.
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EGP current price is golden chance for 'Made in Egypt' to compete globally
Experts say that Egyptian exports now have an opportunity to grow and compete globally due to the depreciation of the pound against the dollar.
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Confusion about the alleged sale of the Airbus A220 to Russia instead of the USA
In February, the American leasing company Azorra announced that it would buy the twelve A220-300s from Egypt Air.
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Egypt's Sisi starts third term pledging more investment, social spending
Sisi swept to victory in an election last December with 89.6% of the vote and no serious challengers.
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Saudi, Egyptian conglomerate to explore for oil in Gulf of Suez
Egypt's Minister of Petroleum Tarek El-Molla witnessed on Tuesday the signing of two agreements for oil exploration and production in the Gulf of Suez
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Egypt's sold cars hits 7,400 unit in February 2024
This recovery follows a period of decline in January, which marked the lowest point in the past 10 months.
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Egypt, Ecuador mull cooperation in petroleum sector
The meeting also tackled the final preparations for the memorandum of understanding (MoU) set to be signed between them.
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Egypt Annual Country Report 2023 - Country Strategic Plan 2023 - 2028
In the second half of 2023, WFP assisted 720,000 people in the most underprivileged areas, including over 200,000 refugees.
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Egypt’s net foreign assets deficit shrinks by $7.04 billion in February
NFAs represent both central bank and commercial bank assets held by non-residents, minus their liabilities.
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Efforts to integrate informal economy, expand tax base: Finance Minister
Minister Maait has issued firm instructions to swiftly address tax evasion and the improper withholding of taxes by businesses.