Latest news
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Egypt's Ras El Hekma deal pushes COMESA FDI inflows up 154% to $65B in 2024
COMESA sees FDI soar 154% to $65B in 2024; Egypt’s Ras El-Hekma mega-project is credited as the main driver.
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Majid Al Futtaim teams up with Lime Consumer Finance for flexible financing options in Egypt
Majid Al Futtaim partners with Lime to offer instant financing & installments at malls, pushing Egypt toward cashless retail.
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Egypt signs first license agreement to produce sustainable aviation fuel
Egypt signs first SAF license; Alexandria plant converts used cooking oil into 120,000 t SAF/yr.
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Egyptian E-Commerce Platform Taager Launches in Morocco
Egypt’s Taager expands to Morocco; end-to-end e-commerce platform opens Casablanca ops to tap booming online retail
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Egypt’s trade mission to Malaysia strengthens Southeast Asian presence
Egypt sends 15 fruit & veg exporters to Kuala Lumpur to deepen its presence in SE-Asia produce markets.
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Egypt’s national team for people with special needs wins World Karate Championship
Egypt’s para-karate team wins 4 golds, 1 silver, and 4 bronze; tops medal table for third straight para-title.
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Could Egypt’s economy really grow by two-thirds?
A new World Bank outlook puts Egypt on a long growth runway, estimating average real expansion of around 6% a year over the next quarter-century.
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Egyptian companies dominate ready-made garment exports
Between 2023 and 2025, the sector experienced a notable boom in both the composition of exporters and export performance
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Cairo metro line 1 gets 55 new trains
Cairo’s oldest metro route will also upgrade signalling systems and extend its service north to Shebin El-Qanater.
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7 things to know about Volkswagen’s $240m electric car push in Egypt
Egypt is no longer asking companies to sell into the market. It is asking them to build inside it.
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Hackers found a new way into your inbox
Cybersecurity has become a constant race. As detection improves, attackers innovate. Not with louder messages, but with smarter engineering.
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Egypt rewires its state sector: What the overhaul means for investors
For business owners and investors, the message is clear: the structure of competition in Egypt is about to change.
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Egypt to implement second tax incentives package by June 2025
The new benefits include White List, Excellence Card, priority access to specialized services, and additional incentives for compliant taxpayers.
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Cairo-Alexandria freight railway awarded to Egyptian-French consortium
The project is scheduled for launch midway through 2026 and slated for completion in 2030.
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Egypt external debt hits $168 bln in 2023
Egypt’s total external debt increased to $168.06 billion in 2023, up from $163.09 billion in 2022.
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New rental tiers leave 1.6 million old-rent tenants in Egypt in limbo
About 1.6 million households live in units under the old rent system, accounting for approximately 7% of all households in Egypt.
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UK firm to build $2.4bn fertiliser plant in Egypt
A UK company plans to invest nearly $2.4 billion in a fertiliser plant in Egypt that will use household waste as feedstock.
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A USD 2.4 bn waste recycling plant in Giza?
PLUS- Telecom Egypt expects to fully settle its outstanding debts over the next four to five years.
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Thales and AIO Strengthen Partnership to Boost Egypt’s Technological Sovereignty
The reinforced partnership is aimed at transforming Egypt into a regional technology hub, capable of supporting and exporting high-value.
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CBE flags resilient external position of Egypt economy
The services surplus grew by 5.4 percent to $15.1 billion, supported by tourism revenues, which climbed to $16.7 billion on the back of 17.4m visitors