alex hug

Egypt

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Egyptian Remittances Reach $26.4 B, 82.7 Percent Surge in FY2024/2025

Egypt sees a historic 82.7% surge in remittances, reaching $26.4B — a critical boost for the economy and a sign of growing expat financial influence.

Egypt advances plans to build a bridge or tunnel connecting it to Saudi Arabia, boosting regional trade and transportation links.

Egypt approves four renewable projects totaling 400 MW, aiming to boost solar and wind energy and meet its 42% renewables target by 2030.

MENA startups raise $289M in May across 44 deals, with equity dominating; Egypt’s tech scene shows strong rebound and growing investor confidence.

Egypt’s inflation rises to 16.5% in May, up from 13.5% in April, signaling ongoing economic pressure and challenges for consumers and businesses.

Events

Big 5 Construct Egypt 17.06.2025

Data Center X 23.06.2025

Lift City 03.07.2025

LED Middle East EXPO 14.08.2025

Pharmaconex 01.09.2025

Egypt Projects 06.09.2025

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