News
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Egypt to bid for hosting 2036 Olympics
President Al-Sisi gave the green light for the bid, while Egypt is establishing the Egyptian City for Olympic Games in the New Administrative Capital.
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Fitch Solutions upgrades Egypt projections again
For the 3rd month in a row Egypt's real GDP growth projections for 2022 are updated to stand at 6.23 percent.
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Birth rates decline in Egypt
Egypt is keen on monitoring developments in population metrics and family planning, as part of its sustainable development goals and 2030 Vision.
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Forbes ME 30 under 30 is coming to El Gouna
The event will take place in El Gouna Conference and Culture Center between 24 and 26 November 2022.
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Economic growth reaches 6.6 percent in FY21/22
Inflation is at 15% affected by international events, while unemployment in Egypt at the end of the last fiscal year stood at 7.2%.
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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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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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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.
