Latest news
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Egypt’s central bank slashes key interest rates by 225 bps
Egypt’s central bank cuts interest rates by 225 bps for the first time in 5 years to boost growth amid easing inflation and economic reforms.
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Egypt plans to establish two integrated textile cities
Egypt will build two textile hubs, attract $3.5B in investment, create 400K jobs, and boost Upper Egypt’s industrial landscape.
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Steel And Cement Prices Drop In Egypt Amid Market Changes
Ezz Steel cuts rebar prices, lowering construction costs and offering a potential boost to Egypt’s real estate and development sectors.
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Egypt Targets 10 mln Ton Wheat Harvest
Egypt aims for 10M tons of wheat in 2025, up from 9M, through expanded land use and crop yield improvements to reduce import reliance.
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Al Ahly Sabbour Developments launches the 1st phase of “The Mornings” – Egypt’s first ‘Own-to-Rent’ concept
Al Ahly Sabbour unveils ‘The Mornings’ in New Cairo—Egypt’s first own-to-rent model blending smart design with investment potential.
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Sphinx Airport provides groundbreaking new service for the deaf and mute
The service involves issuing an identification card bearing the “Service for Deaf & Mute” logo and a sign language symbol.
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French fashion house Jacquemus shoots campaign in Egypt
In recent years, Egypt has become a popular spot for top fashion houses to reveal new collections.
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The 50 top AI mobile apps every Egyptian marketer should know
MarketingProfs analyzed Andreessen Horowitz data to reveal a list of 50 most‑used generative‑AI apps. Here it is with tips for Egyptian marketers.
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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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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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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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All you need to know about Egypt's FY2025/26 budget
The plan focuses on transformative investments in the electricity and renewable energy sectors, urban development, and essential services.
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Hisham Talaat Moustafa among the Middle East's top real estate leaders in 2025
The Managing Director of Talaat Moustafa Group Holding is one of the most influential real estate company leaders in the Middle East for 2025.
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Egypt’s largest wind farm begins operations ahead of schedule
The largest operational wind farm in Africa is being developed by the Red Sea Wind Energy consortium under a 25-year build-own-operate scheme.
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Hungarian Company to Build Optical Fibre Cable Linking Egypt with Europe
The agreement reached between Europe and Egypt which will provide internet access to six million more households in the country.
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Egypt sets record for mango exports to Turkey this season
The reduction in Peruvian mango supplies to Turkey enabled Egypt to further strengthen its market position.
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Suez Canal Revenues Plunge 61 Percent due to global escalation
The number of ships passing through the canal was cut in half, with only 13,213 vessels recorded in 2024 compared to 26,434 the previous year.
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Alstom to Build Two New Plants for Train and Component Production in Egypt
Alstom is investing in two plants in Egypt to produce trains and components. This is reported by the railway transport news portal Railway Supply.
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Trade between Egypt and Saudi Arabia reaches US$15.98 billion in 2024
This figure represents a 29 per cent increase compared to the previous year, as reported by Sada El-Balad, a partner of TV BRICS.
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Mapei opens new plant in Egypt
Mapei Group has 220 employees. It has been present in the country since 2002 through its subsidiary Vinavil.