Latest news
-
Why is it getting harder for advertisers to get customers' attention?
Three studies show how dramatically the advertising market is changing. The battle for attention is becoming increasingly expensive.
-
How climate change could make Egypt's coffee cultivation a reality
One Egyptian experiment has successfully cultivated coffee beans, but analysts believe environmental factors are still unfavorable for localizing.
-
Royal Jewelry Museum displays golden chessboard of King Farouk I
The Royal Jewelry Museum displays the possessions collected by the family throughout its rule reflecting their luxurious lifestyle.
-
Egypt's oil and gas sector attracts global giants: Key updates
This article will help you understand in a nutshell the latest updates in Egypt's growing oil and gas sector.
-
Egypt sells prime land to foreign investors in USD to boost economy
Egypt has approved the sale of land plots in eight major cities to 34 foreign companies, with all transactions priced in US dollars.
-
Unlocking the power of cross-channel marketing in Egypt: maximizing reach and customer loyalty
It’s crucial to deliver consistent messages across different platforms, this is the essence of cross-channel marketing, vital for businesses in Egypt.
-
Rents rise by 24%, East Cairo at forefront of demand
A significant revelation at the event was the 24% year-on-year surge in rental costs throughout Greater Cairo.
-
Shell discovers two new gas fields in Egypt
El Molla emphasized that Shell is a strategic partner for the petroleum sector and has been operating in Egypt for over 110 years.
-
Egypt to set 4 eco-friendly investment zones, with investments of LE 5B
This initiative is expected to create 759 investment opportunities and generate approximately 10,000 job openings.
-
Egypt finances health sector by LE 115B to support health insurance
The Egyptian government has set a target to increase the health sector budget to LE 125 billion by the end of June 2024.
-
CBE to decide on key interest rates Thursday for last time in FY2023/24
This is amid expectations that it will maintain the current interest rates as inflation rates have started to take a downward path the last 2 months.
-
Philip Morris International acquires 14.7% in Egypt's Eastern Company
Eastern Company is Egypt’s largest cigarette manufacturer, with a portfolio that also includes cigars and pipe tobacco, among other products.
-
Telecom Egypt signs deal to secure $200mln medium-term loan from Banque Misr UAE
The five-year amortizing loan will be settled from the collection of Telecom Egypt's foreign currency revenues.
-
Egyptian merchandise exports reach $13bn in first 4 months of 2024
Egyptian merchandise exports reached $12.91 billion during the first four months of 2024, reflecting an annual 10 percent increase.
-
Egypt’s Bahr El-Baqar Wastewater Treatment project wins Abdlatif Y. Al-Hamad Development Award
This is the second Egyptian project to win that award after the South Helwan Electricity Generating Station won that award in last year’s editions.
-
Egypt’s Wepco mulls USD 420 mn expansion of oil storage infrastructure at its Al Hamra Terminal
Wepco is planning to process 95 mn barrels of oil during the next fiscal year — an average of 260k barrels per day.
-
Egypt receives 7 local, international offers to acquire Wataniya
The government is currently working on evaluating the offers to decide upon the best one, Elsaid pointed out.
-
Egypt’s SCZONE secures $3.23 billion in new contracts over 10-month period
SCZONE chairman revealed that the contracts in the industrial zones and ports reached 144 projects, creating more than 25,000 direct and indirect jobs
-
Huawei launches MENA’s first public cloud in Egypt
Huawei Cloud launched its Cairo Region on Tuesday, becoming the first company to launch a public cloud services suite in Egypt, the first in the MENA
-
Egypt's EFG Hermes acquires minority stake in Danish fintech Kenzi Wealth
The acquisition of a minority stake in Kenzi Wealth represents EFG Hermes’ significant commitment to driving innovation in the fintech sector.