News
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El-Sisi pushes for bold reforms to boost investment and economic resilience
The directives came during two separate high-level meetings this week with Prime Minister Mostafa Madbouly and other top officials.
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Here are the ways Egypt’s economy is showing signs of revival
After years of turbulence caused by regional conflicts, global inflation, and currency shortages, Egypt’s economy appears to be regaining its footing.
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Cairo’s tech rise takes flight as SITA opens regional aviation hub
This milestone not only marks a strategic investment by the company but also reflects Egypt’s broader ambitions to modernize its aviation sector.
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5 things to know about the Suez Canal’s new 15% fee cut for mega ships
Here’s what you need to know about the decision, its context, and what it means for Egypt’s economy.
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Egypt to import 13,000 cars from Morocco: What does it mean for local industry?
Morocco has announced plans to export 13,000 vehicles to the Egyptian market over the next two years.
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A new era of Egypt-Greece cooperation begins
The announcement came during President Abdel Fattah El-Sisi’s official visit to Athens on May 7.
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7 key facts about Egypt’s 500 reforms to drive private sector growth
The effort, led by the (IDSC) and aligned with the State Ownership Policy Document, aims to shift the economy toward a private sector-led model.
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Egypt launches EGP 1.7bn recycling projects
Egypt has launched two major recycling initiatives worth EGP 1.7bn, marking a significant step toward greener industry and reduced import reliance.
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Vital supply: Egypt, Japan partner on blood bag plant in SCZone
Egypt has signed a major agreement with Japan to establish a blood bag manufacturing facility in the Suez Canal Economic Zone (SCZone).
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What’s changing? 7 key facts about Egypt’s old rent law amendments
After decades of debate, Egypt is moving to revise the controversial old rent law, impacting millions of tenants and landlords.
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6 things to know about Egypt’s coming unified business tax
Egypt’s government is racing to swap a bewildering mosaic of agency-level service fees for a single, profit-based levy.
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How can chia, quinoa and amaranth cut Egypt’s cooking-oil imports?
Chia plants there grew 7.6 percent taller and delivered 8.6 percent more seed than in the other governorates.
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58 short facts about Egypt's 2025/26 budget
The 58 facts below show where the money is going, the ambitions behind each line item, and how the plan compares with the current year.
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Banks double down on social impact as CSR funding nears EGP 4 billion
Fresh data from the Central Bank of Egypt (CBE) show that the sector channelled EGP 3.9 billion into community projects during 2024.
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Suez Canal revenue collapse underscores global shipping volatility
Canal revenues shrank to $3.9 billion in 2024, down from a record $10.25 billion in 2023.
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Egypt seals landmark agreement with U.S. firm to revamp railway
The contracts, signed Wednesday in Cairo, are expected to reshape Egypt’s rail network by modernizing 100 locomotives.
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5 key highlights from Macron’s visit to Egypt
The visit ushered in a wave of high-impact agreements and investment projects, chief among them a landmark €7 billion green hydrogen deal.
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How Trump’s new tariffs could reshape Egypt’s economy
Egypt can turn a moment of global protectionism into a launching pad for economic transformation.
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Trump imposes new trade tariffs on Egypt
A sweeping shift in U.S. trade priorities puts Arab allies in the crossfire, raising questions about long-term economic impact and diplomatic fallout.
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Egypt’s new budget promises pay raises for public workers
The FY2025/26 plan boosts salaries, raises minimum wage, and opens hiring across education and healthcare, but can it balance growth with rising cost?