Latest news
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Debt servicing uses up 83% of Egypt’s revenues in first 6 months of FY25/26
Debt servicing consumes 83% of total budget revenues during July-January period per Finance Ministry report.
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Egypt eyes expanding QIZ membership as talks open to reduce Israeli content requirement
Egypt negotiates to cut the QIZ Israeli component from 10.5% to 5-8%, targeting $15B annual exports as Turkish firms relocate amid US tariff shifts.
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Israel suspends gas exports to Egypt amid regional war escalation
Israel halts gas exports to Egypt Saturday following US-Israeli strikes on Iran, disrupting energy supplies and forcing alternative sourcing.
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CBE highlights strong monetary easing transmission across money, debt markets
CBE reports successful 200 bps rate cuts transmitting effectively across markets, supporting credit growth while maintaining inflation control.
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Egypt signs telecom agreements to boost mobile services, attract investment
Egypt finalizes telecom infrastructure agreements expanding mobile coverage and data services, aiming to attract billions in sector investment.
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Egypt achieves 91% localisation of pharmaceutical market through high-tech generics
Expert confirms Egypt reaches 91% pharmaceutical self-sufficiency through locally-produced high-tech generics, reducing import dependency.
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Egyptian Trading App EFG Hermes One Adds Five New Retail Funds
Egyptian trading app EFG Hermes One launches five retail mutual funds, expanding investment options for mass market and deepening capital markets
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Gold in Egypt tops global prices
Egyptian gold prices surge above global benchmarks amid geopolitical tensions and currency dynamics, reaching EGP 5,000+ per gram premium levels.
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Egypt and Myanmar: cultural tourism cooperation and heritage preservation
Egypt-Myanmar dialogue explores bilateral tourism collaboration, heritage site preservation partnerships, and cultural exchange programs
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Shakira will perform in Egypt at the Pyramids on April 7th
Nearly two decades later, she’s circling back.
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7 things to know about AI in marketing in 2026
Understanding how AI is reshaping marketing is critical. It is not just improving efficiency, it is redefining how competitive advantage is built.
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Egypt’s industrial push explained: what 100,000 factories really means for investors
Egypt wants the kind of factories that are: exportable, integrated, and increasingly technology-backed.
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How Egypt became an African solar power leader
Egypt is positioning itself not just as a domestic energy producer but as a regional energy platform serving Africa, Europe, and the Middle East.
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Egypt’s agriculture at a turning point
Interview with Alaa Farouk, Egypt’s Minister of Agriculture and Land Reclamation at Fruit Logistica, Berlin. Egypt was represented with 102 exhibitors
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What stalled Egypt's monorail, and who pays?
The project has faced a string of obstacles since it was awarded in 2019 to a consortium led by the Canadian transport manufacturer Bombardier.
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El-Sisi discusses expanding renewable energy cooperation with China’s GCL
Egypt has been expanding its renewable energy sector to meet rising electricity demand and position itself as a regional hub for green energy.
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New oil well begins production in Egypt’s Gulf of Suez
Belayim Marine 133 commenced operations at an initial production rate of approximately 1,500 barrels per day.
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Egypt posts 157% rise in outsourcing exports, targets 30% annual growth through 2029
Egypt’s outsourcing service exports have grown by 157 percent to $5.14 billion by the end of 2025, up from $2 billion in 2021.
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What TMG’s Latest Mega-Developments Mean for Egypt’s Property Market
Its portfolio today includes new cities, coastal destinations and high-end hotels that reflect the group’s long-term approach to development.
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Qatar’s Al Mana Holding to invest USD 15.6 mn in biodiesel plant
Qatar’s Al Mana Holding is investing USD 15.6 mn to build a facility that will convert used cooking oil into biodiesel.