Latest news
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Rolls-Royce makes historic Egyptian debut after 121 years
James Creighton, Regional Director for Rolls-Royce Motor Cars Middle East and Africa, emphasized Egypt’s significance as a key market.
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7 facts about Cairo Airport’s new Terminal 4
Cairo International Airport is set to undergo a major transformation with the launch of Terminal 4, a smart, tech-driven expansion.
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Can Egypt’s chemical sector drive its economic comeback?
At the heart of this push is the chemical and fertilizer industry, now expected to generate over $11 billion in export revenue by the end of 2025.
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Egypt bets big on industry and jobs
Egypt approved over $216 million in new private-sector investments aimed at generating more than 15,000 jobs.
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Are Egyptian brands ready for the new rules of AI search?
The click is no longer the most important metric in digital marketing. What matters more today is whether your brand or content appears in AI answers.
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Egypt’s First Nuclear Reactor to Power Up in 2028
Madbouly confirmed that the plant will consist of four reactors with a total capacity of 4,800 megawatts.
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Egyptian Pound undervalued: Economist's Big Mac Index 2025
The Egyptian pound remains significantly undervalued, according to the Economist’s July 2025 Big Mac Index.
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EUR 100 Million Debt Swap With Germany to Fund Projects in Egypt
The total volume of German debt allocated for conversion now exceeds EUR 340 million.
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Tourism Ministry denies confirming November 4 as opening date for GEM
It explained that the official opening date of the GEM will be announced in due course through official channels.
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Emirati Dana Gas launches $100 mln investment programme
UAE’s Dana Gas, the Middle East’s largest regional private sector natural gas company, has launched a $100 million investment programme in Egypt’.
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Egyptian expat remittances jump to $26.4 billion in 9 months
According to the bank, total remittances reached around $26.4 billion, up from $14.5 billion during the same period last year.
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Shell Egypt Greenlights Development of West Mena Gas Field in Mediterranean
It is located in the North East El-Amriya offshore concession in the Mediterranean Sea.
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Egypt's PM Welcomes Global Luxury Brands to Explore Investment Opportunities
This aims to position Egypt as a regional hub for high-end retail and attract new foreign direct investment in the fashion and lifestyle sector.
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Egyptian Remittances Soar to $32.8B: CBE
On a monthly level, May 2025 recorded a twenty-four point two percent year-on-year increase, with inflows hitting $3.4 billion.
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Egypt’s current account deficit narrows by 22.6% in 9 months of FY24/25
Egypt’s current account deficit narrowed by 22.6 percent year-on-year during the first nine months (July 2024–March 2025 ) of FY2024/2025.
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Egypt’s seeks to borrow EGP 150 billion from Gulf
The authority is actively engaged in approximately 14 projects, including the light rail train, the monorail, and the fourth metro line.
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Egypt gold exports surge by 194% to $3.93 bln in H1 2025
Egypt’s gold and precious metals exports surged by 194 percent year-on-year in the first half (H1) of 2025 to a record $3.93 billion.
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Sumou Holding to Establish Real Estate Investment Fund in Egypt
The group’s goal to expand from eight countries to thirty, positioning Egypt as a central hub in this ambitious growth plan.
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LemFi Expands to Egypt, Tapping Into $29.6B Remittance Corridor
Egypt is one of Africa’s largest recipients of remittances, pulling in a record $29.6 billion in 2024.
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Swiss player marks LNG milestones with delivery in Germany and supply role in Egypt
Geneva-headquartered energy and commodity trading company BGN has recorded two events it deems important in the LNG segment.