News
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Aswan set to become a solar power hub
ACWA Power, a Saudi utility developer, has signed a $123 million financing agreement for the development of a 200 MW solar power plant in Aswan.
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Everything you need to know about upcoming economic reforms in Egypt
Since 2016, Egypt embarked on a journey of economic reform supported by the IMF. Here's everything you need to know about it up until now.
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This Week's Digital News: Security First
In this week's digital news we discuss the war on passwords, how Samsung banned ChatGPT, Google verification and why police is training robots.
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Why is Egypt considering alternatives to the Dollar in trading commodities?
The idea is to import goods from these countries and pay in their local currency, rather than using dollars for the trade.
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Egypt efforts to reduce emissions started showing results
Egypt's efforts to reduce emissions and increase energy efficiency can have a big positive impact on the environment and economy.
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AI is creating new business models
In this week's digital news podcast, our CEO Dr. Torsten Schwarz discusses how AI is bringing new business models.
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Food Africa and pacprocess MEA to launch in December with an even larger area
Following the success of Food Africa and pacprocess MEA last year, concrete plans to expand this year’s duo of trade fairs have begun.
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Why is Egypt going back to Daylight Saving?
After years of canceling daylight saving time, Egypt will apply it on 28 April. What are the reasons that made the government decide this?
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Messe Düsseldorf becomes more active in Egypt
Messe Düsseldorf is a German events management company, it has been active in Egypt since 2019.
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5 Ways the Conflict in Sudan Can Affect Egypt Economy
As a neighbor of Sudan with strong historical and cultural relations, how can this conflict affect Egypt’s economy? Here are 5 possible ways.
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Egypt dominates Forbes Top 30 Fintech Companies 2023 List
8 Egyptian Fintech companies are on Forbes' list of 30 top Fintech companies in 2023, here they are with a brief history of each.
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10 things you need to know about digital registry of Egypt
Ministry of Supply, Visa, and CIB partnered together to create a digital registry of Egyptian businesses as well as an identification system.
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10 things you need to know about financial inclusion in Egypt
CBE released a report last Saturday highlighting the important figures regarding financial inclusion in Egypt, here are 10 facts from the report.
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Bid announced for exploring and exploiting gold mines in Egypt
Interested companies can access this information starting from April 10th, 2023, through SMCR's website or head office.
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Amazon.eg Announces Eid Sales
Savings up to 50% and additional discounts and installment plans with Banque Misr, Alexbank, and Vodafone cash.
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Uber transported tourists from 86 nationalities in Egypt
The growth in tourism across the MENA region and big events like the World Cup helped increase the earnings of drivers in 2022.
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10 things you need to know about Egypt Express Electric train
The high-speed electric train system will represent a significant leap in transportation in Egypt and serve the transportation of goods and people.
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Etisalat, Banque Misr, and Amazon offer joint digital services in Egypt
This collaboration with Etisalat Egypt by e& is a demonstration of Amazon Payment Services’ position in Egypt to continuously build partnerships.
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Everything you need to know about the joint Arab electric vehicle
Egypt, Jordan, Bahrain, and UAE are discussing the possibility of producing a join Arab electric car.
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10 Things you need to know about Hutchison project for Egyptian ports
Egypt and Hong Kong-based Hutchison, announced a $700 million agreement for the Abu Qir terminal, here are 10 things you should know about the deal.