Latest news
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Cairo metro line 1 gets 55 new trains
Cairo’s oldest metro route will also upgrade signalling systems and extend its service north to Shebin El-Qanater.
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7 things to know about Volkswagen’s $240m electric car push in Egypt
Egypt is no longer asking companies to sell into the market. It is asking them to build inside it.
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Hackers found a new way into your inbox
Cybersecurity has become a constant race. As detection improves, attackers innovate. Not with louder messages, but with smarter engineering.
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Egypt rewires its state sector: What the overhaul means for investors
For business owners and investors, the message is clear: the structure of competition in Egypt is about to change.
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Egypt to implement second tax incentives package by June 2025
The new benefits include White List, Excellence Card, priority access to specialized services, and additional incentives for compliant taxpayers.
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Cairo-Alexandria freight railway awarded to Egyptian-French consortium
The project is scheduled for launch midway through 2026 and slated for completion in 2030.
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Egypt external debt hits $168 bln in 2023
Egypt’s total external debt increased to $168.06 billion in 2023, up from $163.09 billion in 2022.
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New rental tiers leave 1.6 million old-rent tenants in Egypt in limbo
About 1.6 million households live in units under the old rent system, accounting for approximately 7% of all households in Egypt.
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UK firm to build $2.4bn fertiliser plant in Egypt
A UK company plans to invest nearly $2.4 billion in a fertiliser plant in Egypt that will use household waste as feedstock.
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A USD 2.4 bn waste recycling plant in Giza?
PLUS- Telecom Egypt expects to fully settle its outstanding debts over the next four to five years.
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Thales and AIO Strengthen Partnership to Boost Egypt’s Technological Sovereignty
The reinforced partnership is aimed at transforming Egypt into a regional technology hub, capable of supporting and exporting high-value.
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CBE flags resilient external position of Egypt economy
The services surplus grew by 5.4 percent to $15.1 billion, supported by tourism revenues, which climbed to $16.7 billion on the back of 17.4m visitors
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Ministry of Health issues critical warning on drugs that can lead to jail abroad
This warning comes because these medications are included in the international monitoring schedules of the World Health Organization and Interpol.
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Greek business delegation in Cairo explores new trade, investment opportunities
A high-level Greek business delegation visited Cairo for talks aimed at expanding bilateral trade and investment cooperation.
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Egypt minimum wage faces strains amid deeper structural issues
Egypt’s newly raised minimum wage of EGP 7,000 was meant to ease pressure on workers, but uneven enforcement and soaring inflation.
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Egypt aims for LE 350 bln in investments in gas, oil by 2030
The document explains that the plan aims to stimulate private investment by developing bidding systems, simplifying procedures.
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JTI to add a new EUR 5 mn cigarette production line to its Egypt operations next quarter
The company is negotiating with the General Authority for Investment and Freezones to acquire land adjacent to the Nakhla Tobacco Company.
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Egypt's net foreign assets surge to $22.6B in October
Total foreign assets in the banking system also increased, climbing to EGP 4.4 trillion by the end of October.
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Egypt launches major quality sweep of bottled water
He stressed that Egypt’s regulatory system is tightly controlled and disciplined, noting that it is assessed annually by the Food and Agriculture Org.
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Egg prices collapse in Egypt as production outpaces demand
Surge in national egg output brings relief to consumers while straining poultry farmers financially.