Latest news
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How to incorporate AI into retail operations
AI can help retailers in Egypt revolutionize their operations, better serve their customers, and ultimately thrive in the competitive marketplace.
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Who are your target audience online?
72.2% of Egyptians are on the internet. Media are being replaced by influencers. What counts, however, is contact with specific target groups.
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Egypt to construct tourist walkway between Grand Museum and Pyramids
Egypt has approved a plan to construct a tourist walkway connecting the Grand Egyptian Museum (GEM) and the Pyramids of Giza.
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12 Key facts about the status of Egypt's debt
As Egypt navigates the complexities of debt management and fiscal discipline, understanding key facts surrounding its debt becomes paramount.
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Top 10 paint producers in Egypt
Egypt is poised to emerge in 2024 as a key player in the global chemicals market, driving economic growth and sustainable development.
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Egypt aims for private sector to constitute over 70% of its economy
The Egyptian government is committed to empowering the private sector to take the lead in driving economic growth and capturing a significant share.
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Egypt’s finance minister says cutting inflation is priority
Maait also said the government aimed to sell more state assets, which would reduce the state’s role in the economy.
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Egypt’s external debt to remain high in FY23/24 due to EGP depreciation
Egypt’s external debt is projected to rise during the current FY2023/2024 due to the depreciation in the exchange rate, Era Dabla-Norris.
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Flour cost reduction fails to lower bread prices in Egypt
Several bakers in Cairo are not following the government's warning, and are instead basing their prices on the market, setting up a potential showdown
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Egyptian gold investment funds witness about 103K investors
The combined number of people who invested in two gold investment funds has reached approximately 103,000 by the end of March 2024.
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No changes to Egypt’s load-shedding plan: Official
Load-shedding before Ramadan extended for two hours in each area from between 11 am to five pm, and it will be returned in the same order.
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Investments in Egypt on a roll
The Ain Sokhna float plant in Egypt will see its capacity increased with the construction of a second flat glass production line.
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Abu Qir Fertilizers Joins Green Hydrogen Revolution In Egypt
A Memorandum of Understanding (MoU) was signed between Abu Qir Fertilizers Company, ABB International Group, MPS Infrastructure Company, and Petrojet.
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Egypt: Three companies propose to participate in New Heliopolis City project
Heliopolis Company for Housing and Development announced that the financial evaluation is expected to be concluded by the end of April 2024.
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Lowest offer at Egypt’s GASC tender at $218.9/MT for Ukrainian wheat, traders say
The lowest free-on-board offer presented at an Egyptian state purchasing tender for wheat on Tuesday was $218.90 per metric ton.
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Egypt gears up for launch of massive ‘500500’ oncology hospital
The Prime Minister stressed the need to safeguard the substantial investments made in this landmark facility and guarantee the delivery of top service
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Prices of electrical appliances drop by 30%
The downward trend in prices is anticipated to persist. Many electrical appliance firms have started to roll out promotional offers on select products
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Banks, companies contribute EGP 68.85bn to mortgage finance initiative for low-income individuals in Q1 2024
Amlak Mortgage Finance disbursed EGP 252.133m to 2,320 clients, while Tamweel Mortgage Finance allocated EGP 68.666m to 602 clients.
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Turkish exports to Egypt reaches $872M in Q1 of 2024
Among the leading destinations for Egyptian exports in Q1 2024, Turkey emerged as a key player with trade valued at $874 million.
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Egypt calls on foreign residents to quickly legalize their status by June 30
The cabinet issued a decision last year that foreigners applying for the right of residence for tourism or non-tourism purposes must show fee receipt.