Latest news
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Egypt sees 1.3 mln new jobseekers annually as economy creates only 500k jobs
The World Bank reports Egypt faces an employment gap with 1.3M youth entering labor market annually while only 500,000 jobs are created per year.
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Egypt hosts largest Economic Forum of the Parliamentary Assembly of the Mediterranean
Egypt hosts the Parliamentary Assembly of the Mediterranean Economic Forum with 42 Euro-Mediterranean countries on November 28-29.
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Standard Chartered, AUC Venture Lab graduate 1st cohort of Egypt’s Women in Tech programme
Standard Chartered, AUC Venture Lab, and Village Capital graduate first Women in Tech programme cohort under bank's Futuremakers initiative in Egypt.
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Australia returns 17 rare Pharaonic artefacts to Egypt
This reflects the depth of cultural cooperation and Australia’s steadfast commitment to combating the illegal trafficking of antiquities.
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Egypt’s El-Dabaa nuclear plant getting ready
For a country facing steadily rising power demand from population growth, industry, and infrastructure expansion, the project is central to energy.
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8 things to know about Egypt’s latest reform-driven GDP report
Egypt is embedding more than 60 structural reforms directly into its GDP indicators for the first quarter of fiscal year 2025/26.
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Egypt’s employment challenge, explained
Each year, roughly 1.3 million young Egyptians enter the labour market. The economy, however, is generating far fewer formal jobs.
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Giza Governorate begins voluntary swap of Tuk-tuks for Qute cars
Participation is optional, with tuk-tuk owners applying for the swap through designated channels.
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What global ad cuts mean for Egyptian brands
Not every region is slowing down.The Middle East continues to stand out as one of the few areas where confidence remains relatively strong.
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Largest Ever Gold Mine Found in Egypt
A 3,000-year-old gold mining operation uncovered in Egypt’s Sukari Mountains reveals hidden secrets about the ancient world.
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Egypt, Algeria seek $5 bln trade growth
The two sides were looking to develop “large-scale projects” that meet domestic needs while opening export opportunities to markets.
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Can Stabilisation Lure Foreign Capital Back?
After several turbulent years marked by currency shortages, surging inflation and delayed reforms, Egypt’s macro outlook has begun to shift.
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Egypt to Launch Unified Card for Public Transport
By making public transport easier and smarter, the system nudges people away from private cars, easing congestion and reducing emissions.
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China invites Egypt to join tariff-free export initiative for 53 African nations
China has invited Egypt to join President Xi Jinping’s initiative that grants full tariff exemptions for exports from 53 African countries.
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Egypt sees a massive drop in egg prices
New farms entering operation in Egypt have pushed egg prices down by nearly 35% during the last several months.
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NUCA, Horizon Egypt seal EGP 15 B deal for landmark New Cairo development
Majid bin Saeed bin Rashid Al-Nuaimi, Chairman of Horizon, highlighted New Cairo’s strong economic fundamentals, modern urban planning.
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Egypt pushes local production in automotive sector
Minister of Industry and Transport Kamel El-Wazir held a meeting with representatives from 23 local bus and vehicle component manufacturers.
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Suez Canal targets $10.2B in revenues next year
Rabie emphasized that the return of these two major global carriers is expected to encourage other shipping companies to follow suit.
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El-Khatib reviews export burdens refund program’s budget
El-Khatib reviewed the program’s budget, which totals EGP 45 billion, including EGP 38 billion allocated to various export sectors.
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Egypt emerging as one of the world’s highest-potential digital trade markets
Egypt’s corporate sector is undergoing a fast-paced digital transformation that is reshaping how businesses engage with global supply chains.