Latest news
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Saudi: Red Sea awards Egypt firm Amaala Triple Bay hotel additional contract
These include the Four Seasons Hotel, Rosewood Residence and Hotel, Six Senses Residence and Hotel, and a medical wellness resort also in Triple Bay.
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Egypt considers offers for large investments in Sharm El-Sheikh’s Ras Gemila: Spokesperson for Egyptian Cabinet
The Egyptian government revealed on Thursday the truth about the investment offers in the “Ras Gemila” area located in the tourist city of Sharm.
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Egypt exports potatoes to Morocco and fresh strawberries to Canada
Industry specialists from EastFruit posit that these nascent markets pose considerable challenges due to their unique market dynamics.
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Egypt’s PM inspects ‘Pyramids’ factory for tires, rubber products
Egyptian Prime Minister Mostafa Madbouly made an inspection tour of various development projects in Port Said and Damietta governorates.
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Egypt successfully produces Unmanned Surface Vehicle with combat capabilities: Report
Established in 2018 as a private Egyptian joint stock company, Amstone is owned by Egyptian investors and shareholders.
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Egypt’s Marsa Matrouh project: A gateway to economic growth and african integration
The recent MOU for the creation of a Turkish logistic industrial zone in Marsa Matrouh is a significant leap in economic development.
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Egypt’s debt to GDP ratio projected to decelerate to 82.6% in 2025: IMF
Egypt’s overall debt to GDP is expected to decline to 82.6 percent of GDP in 2025, from over 90 percent in 2024, and will continue to shrink.
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Tourism Minister mandates green certification for Red Sea hospitality, diving establishments
A similar mandate was successfully implemented in Sharm El-Sheikh in 2022, as the city was prepping for COP27.
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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.