News
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9 facts about Egypt’s new initiative to revive stalled factories
Egypt is moving ahead with a large-scale financing initiative aimed at reviving thousands of stalled factories across the country. Here are nine facts
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How Egypt saved $3.6 billion in fuel imports?
The savings were made possible by a combination of higher domestic output, stabilization of gas production, and new investments.
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Egypt bets on AI to transform its tax system
The integration of AI is set to accelerate these gains while addressing long-standing structural inefficiencies.
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15 things to know about Egypt–Japan ties
Egypt and Japan are deepening their economic and strategic ties through new agreements on green hydrogen, trade, education, and investment.
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Inside Egypt’s $12 billion garment export drive
Egypt is aiming to position itself as a global garment and textile powerhouse, with a bold plan to raise export revenues to $12 billion by 2031.
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Here's why the Egyptian pound is recovering
After touching a peak of EGP 51.7 per dollar in April 2024, the pound now trades near 48.4, improving about 6 percent. But, how did this happen?
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Egypt, China team up for $1B tire mega-plant
The project is expected to play a key role in Egypt’s strategy to strengthen its automotive industry and boost local manufacturing.
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Egypt grows cotton in the desert for the first time
Thanks to South Sinai’s high temperatures, the first harvest was achieved in just 127 days after planting, significantly faster than usual.
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6 latest updates on the rent law and its implementation
As the government moves forward with its implementation of Egypt’s newly approved Old Rent Law, here are six key updates on the unfolding situation.
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You can invest in real estate with just your phone in Egypt
For the first time, individuals will be able to invest in fractional shares of real estate projects through licensed online platforms.
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Ismailia Free Zone draws global attention with new investments
With nine Chinese and Turkish companies committing a combined $41.6 million to new projects, the zone is gaining financial momentum.
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6 ways Egypt is bringing prices down and protecting consumers
Egypt’s coordinated domestic action offers a proactive model for other emerging markets navigating inflation.
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Egypt’s new gas deals: What they mean for the future
This agreement, is not just a corporate handshake, it is part of a larger effort to secure a stronger economic future for the country.
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Why Egypt’s car prices are finally falling
We are witnessing a transformation, prices are falling not because of a weak market, but because of deeper structural improvements.
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Egypt offers a new way for citizens to invest in the country
Egypt is asking its citizens to do more than just hope for economic recovery — it's inviting them to directly invest in it.
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Egypt bets big on industry and jobs
Egypt approved over $216 million in new private-sector investments aimed at generating more than 15,000 jobs.
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Can Egypt’s chemical sector drive its economic comeback?
At the heart of this push is the chemical and fertilizer industry, now expected to generate over $11 billion in export revenue by the end of 2025.
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7 facts about Cairo Airport’s new Terminal 4
Cairo International Airport is set to undergo a major transformation with the launch of Terminal 4, a smart, tech-driven expansion.
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Egypt seeks fairer trade with China
Egyptian Prime Minister Mostafa Madbouly and President Abdel-Fattah El-Sisi recently hosted Chinese Premier Li Qiang in Cairo.
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Egypt approves €7M EU grant to for green development
The grant and the broader EFSD+ mechanism are designed to address critical development needs while encouraging private sector involvement.