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Egypt unveils plan for new desert city megaproject

While officials say these projects are key to Egypt’s long-term growth, they have also contributed to the country’s soaring foreign debt.

This is accompanied by more than 10% growth in mobile internet usage compared to the previous year.

The railway upgrade plan, worth around 225 billion pounds, includes the purchase of 110 new locomotives from General Electric and signalling system.

Sunday that all banks will be closed on Thursday, 26 June, for the Hijri New Year and on 3 July for the 30 June Revolution anniversary.

The report highlights a fivefold increase in royalties earned by Egyptian artists on Spotify since 2022, with a 100% jump from 2023 to 2024 alone.

Events

Lift City 03.07.2025

LED Middle East EXPO 14.08.2025

Pharmaconex 01.09.2025

Egypt Projects 06.09.2025

Metal Steel Middle East 06.09.2025

HACE 07.09.2025

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