News
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For the 1st time in 10 years: Luxor fully booked
Luxor hotels were fully booked for the 1st time in 10 years for a dazzling event on the 3Km long Rams road connecting Luxor and Karnak temples.
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Egypt to push for sustainable cloud transformation
Egypt succeeded in bringing in fresh narratives, innovative ideas and awareness on key areas such as Development of AI and Cloud Computing.
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Bypa-ss receives $1m funding
The app can change the healthcare system in Egypt, facilitating the exchange of medical information between patients and health professionals.
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Egypt digital status: October statshot
E-commerce in Egypt makes 1.8% of the GDP. Mobile internet speed is among the lowest in the world at 24.4 Mbps, while fixed internet is at 44Mbps.
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Egypt to host Creative Industry Summit
The event is in partnership with Heartwork, an innovation business hub by Mountain View and Balaconaha creative platform based in KSA.
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Intelligent Cities Exhibition kicks off 27 October
Intelligent Cities have become essential to achieve better quality of life for current and future generations.
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Cityscape Egypt sets new records
19,489 prospective buyers and investors flocking to the Egypt International Exhibition Center in Cairo searching for real estate opportunities.
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Egypt working to attract Thai investors
The Thai Ambassador praised the promising business environment in Egypt, especially in the agricultural and solar power sectors.
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Egypt AFDB discuss plans until 2026
The bank recently announced that 15% of its lending will be allocated for regional integration, general capital increase and involving private sector.
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Towards Stronger UK-Egypt relations
Newly appointed UK Ambassador expresses Britain’s readiness to encourage investments in Egypt, especially after Brexit.
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Egypt inaugurates world’s largest water treatment plant
The mega plant treats agricultural waste water and prevents its mixing with seawater, and has a daily production capacity of 5.6 million cubic meters.
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Egypt taxes bloggers and Youtubers
Content creators who made/make EGP 500,000 annually will be obliged to add VAT (value added tax) to their tax files.
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Egypt's 500 Top Companies
A new edition of "Egypt's Top 500 companies" is released by Egypt Business Directory. On 180 pages the most important Egyptian companies are listed.
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Egyptian MNT-Halan secures $120M investment
It has 4 million customers in Egypt, 1 million active users and it became the fastest growing lending service to people who are not served by banks.
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Egypt top country in mergers and acquisitions
Egypt ranked third after the US and the UK in terms of M&A deal volume and first in outbound deals.
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Trade exchange between Egypt UAE at $1.6 bln
The UAE Minister of Economy Abdulla Bin Touq Al Marri held meetings with several Egyptian ministers to discuss further cooperation.
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Egypt to invest EGP 43bln in power sector
The power sector is a good indicator for the development of the whole economy as all the other sectors depend on it for their operation.
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Egypt to launch 4 scientific satellites
The move is a step in Egypt’s plan to enter the field of space science, develop remote sensing and space studies with Egyptian hands and technologies.
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Top 6 Fitch predictions about Egypt economy
The American credit rating agency stated that the Egyptian economy is among a few to managed to achieve an annual growth despite the COVID-19 pandemic
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Egypt Digital July 2021
Read the top 10 takeaways from the Digital 2021 July edition about the digital status of Egypt.
