News
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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.
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What are the top 100 countries for remote workers?
Remote-working seems to be not just an international trend, but rather a new way of working that is here to stay. Where is Egypt from the top places?
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Egypt considering a railway with Sudan
The railway will facilitate carrying Egyptian trades and goods to all of Africa and the deal will enable studying the feasibility of creating it.
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Telecom Egypt to launch EG-IX internet traffic center
The traffic exchange center will be hosted in the regional data center of Telecom Egypt, the biggest international center of its kind in Egypt
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WHO to help Egypt establish comprehensive health insurance
The WHO will offer recommendations based on international standards and experience that will help Egypt upgrade its system.
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CABLEXX 2022 Kicks Off 28 March in Cairo
CABLEXX is the most exclusive event dedicated to deploying advanced infrastructure to accelerate digital transformation.
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India may be the new wheat exporter to Egypt
Egypt is one of the biggest wheat importers in the world and has received offers from about 15 countries regarding its wheat needs.
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3 ways the Russia-Ukraine conflict can affect Egypt economy
Russia and Ukraine are the major suppliers of wheat and tourism to Egypt, But Egypt might have an opportunity to enter the European oil and gas market
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Egypt preparing to use ACI in airports
The Advanced Cargo Information system is coming to airports was successfully applied in sea ports.
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Digital 2022: Half of Egypt is now on social media
Instagram surpasses Facebook as the 2nd most popular social media platform, while WhatsApp is still number 1.
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SOKNA, Egyptian end-to-end funeral services platform raises $1M
20 hospital and corporate deals signed to date, more than 2,500 cases performed, with a plan to expand across more cities.
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Egypt to establish domestic credit rating companies
Previously the rules stated that in order for a national company to be established, a global credit rating company should be a shareholder.
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Cashless transactions through Fawry increase by 232%
At the end of 2021 Fawry recorded an active daily users’ base of almost 2.5 million users.
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Dell launches AI initiative with 5 Egyptian universities
There will be a competition at the end of every academic year for the top 3 student projects in AI applications.
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Egypt medicine industry is booming
For the first time ever, Egypt's medicine exports have increased by 35%
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World Youth Forum launches in Sharm El-Sheikh
The 4th version of the international forum launched on 10 January in the red sea city of Sharm El-Sheikh, Egypt and will conclude on the 13th.
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Suez Canal records highest revenue ever
In 2021, the Suez Canal recorded revenues of $6.3 billion, this represents an increase of 12.8% compared to 2020.
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NowPay partners with food and beverage giants in Egypt
Egypt’s leading financial wellness platform announced partnership with names like McDonalds, KFC, Pizza Hut, Kraft Heinz, Americana Group and Edita.
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New coordination council between CBE, government
President AbdelFattah El-Sisi issued resolution 584 to form the council chaired by the prime minister, bank governance and some other ministers.
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Egypt to rejoin JP Morgan’s index
The move is expected to trigger around $1 billion investments in government equity thus reducing the cost of government debt and raise its efficiency.
