Latest news
Find the latest business news and reports here.
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Consumers in Egypt embrace digital payments
88% of consumers in Egypt have used at least one emerging payment method in the last year, with usage expected to further increase.
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Egypt Energy Exhibition and Congress gets support from 2 ministries
Statistics indicate that renewable energy has a central role in Egypt's Vision 2030.
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Homzmart marks their total investments up to ~$40 Million
The investment comes after the company’s solid expansion to KSA earlier this year, accessing a $15 billion market, growing at 10% CAGR per annum.
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UK and Egypt discuss green partnership
The Bank of England and the National Bank of Egypt got together to discuss the global climate crisis and its impact on the economy.
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Project: An independent fire extinguishing system
Implementation of an independent fire extinguishing system, also supply of empty wooden spools of different sizes under two contracts.
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Project: Rehabilitation of canals
Beheira Governorate: Rehabilitation and lining of different canals with different lengths under two contracts
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Project: Supply of a solar-powered irrigation system
Nagaa Hammadi: Supply and installation of a solar-powered irrigation system for an area of 100 acres
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Oil prices won’t affect bread price
GASC reassures Egyptian citizens that it will bear the difference in the cost of bread, prices remain the same to consumers.
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10 things to know about the new EGP10 banknote
The Central Bank of Egypt launched, this July, a plastic 10 Egyptian pounds banknote. Here is everything you need to know about it.
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NBE to open a subsidiary in South Sudan
The move is part of NBE’s strategy to establish itself internationally and strengthen its operations outside of Egypt.
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Pylon wins Egypt entrepreneur award
Pylon’s focus is on creating sustainable solutions for the planet and to achieve 1 Gigaton of total CO2 emissions reduction by 2035.
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Egypt lifts COVID-19 entry restrictions
A review of the national and international situation and the steps taken globally were evaluated before the cabinet reached its decision.
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Egypt exports 3.5 million tons of agricultural products
The numbers are between January and June. Citrus and potatoes are on the top of the exports list.
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Will Egypt supply gas to Europe?
The European Union is working on decreasing its reliance for gas imports on Russia, and Egypt can be the solution.
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Egypt Fashion Week holds a pre-launch event
The first edition of Egypt Fashion Week blended a celebration of Egyptian civilisation, a synopsis of the present and the vision for the future.
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Egypt pushes forward on clean energy
5.2 square kilometres dedicated to renewable energy projects with a project time frame of 8 to 10 years.
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NSK reduces machine tool quadrant glitches
In sectors such as mould and toolmaking, manufacturers demand ever-higher levels of accuracy and surface finish.
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Egypt has 85 projects to adapt to climate change
The projects are under the portfolio of the Ministry of International Cooperation, with a total cost that reaches close to $12 billion.
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Egypt considering new wheat exporters
The country had agreed with India, but after a heat wave caused a lot of damage, India issued a ban on exporting.
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What are the top 100 countries for remote workers?
Remote-working seems to be not just an international trend, but rather a new way of working that is here to stay. Where is Egypt from the top places?