News
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Egypt strawberry exports to Germany hit five-year high
Spain, Greece, and the Netherlands dominate Germany’s strawberry import market, supplying around 90% of total imports.
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Egypt’s Abu Mena Monastery removed from UNESCO danger list
The List of World Heritage in Danger highlights threats to important sites and aims to rally international support to help protect them.
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Egyptian authorities race to contain fallout from fatal telecom fire
The response came after a blaze late on Monday at the Ramses Central building killed four workers and injured at least 22 others.
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Egypt's SCA explores maritime, logistics cooperation with Thailand
Sirikul affirmed Thailand’s interest in deepening cooperation, particularly in port services, canal operations, and training.
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Egypt to turn Port Said Shipyard into global maritime hub
Rabie underscored the Authority’s ambition to foster meaningful cooperation with top-tier international players in the maritime services sector.
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Developing countries require about $5.9 trillion by 2030 to meet their NDCs
Additionally, he highlighted that adaptation costs alone range between $140 and $300 billion annually for developing countries.
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EGPC Reviews Strengthening Petroleum Supply Chain
This is part of an integrated plan aimed at fostering more conscious engagement with the system’s human, operational, and procedural components.
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Catalyst Partners Middle East approves $56mln share swap deal to acquire Qardy, Catalyst Holding
Qardy operates in digital financial solutions, while Catalyst Partners Holding is involved in non-banking financial services.
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Irrigation Min Stresses Importance Of Technical Cooperation Among African Countries in Water Field
The minister underscored the importance of ongoing efforts to develop joint projects aligned with the shared priorities with Namibia.
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Egypt’s Nawy Acquires Majority Stake in Dubai’s SmartCrowd
By acquiring SmartCrowd, Nawy gains immediate access to the GCC market while integrating regulated fractional investment services into its portfolio.
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Egypt’s Inflation declines to 14.4% in June 2025
CAPMAS attributed this easing of inflation to a decrease in the “Food and Beverages” category, which dropped by 1.1 percent.
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Egypt’s electricity, public enterprises ministers discuss expanding renewables in energy-intensive industries
A key item on the agenda was the planned solar power project to supply electricity to the aluminum complex in Nagaa Hammadi.
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Cairo data centre fire kills four, takes down Egypt's Internet
The blaze, likely caused by an electrical fault, triggered outrage in parliament, with MPs calling the government response a "catastrophic failure".
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Egyptian Parliament Approves Sukari Gold Mine Agreement with StenaMin for 30-Year Term
StenaMin, a company established under Egyptian law, will bear all investment and operational costs of the project, without any financial obligations.
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CBE temporarily raises daily withdrawal limit to EGP 500,000
This exceptional measure comes in response to ongoing disruptions in telecommunications services, which have affected the regularity of operations.
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Aria Ventures launches $1m fund to boost deep-tech investment in Egypt
Aria Ventures, a specialised venture studio focused on building startups, has announced the launch of a EGP50 million (US$1 million) fund.
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Egypt Commits to Green Energy With Major Solar and Wind Projects
Renewables, primarily solar, wind, and hydropower, accounting for just 11.5 percent of electricity generation as of last year.
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Egypt to restart Delta Fertilizer plant with €100 million investment
Egypt's Chemical Industries Holding Company plans to invest €100 million to reopen its Delta Fertilizer plant in Talkha.
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Tahoun Law Firm launches Egypt’s 1st smart digital platform for legal services
It will help the company to accelerate the registration process and access affordable and specialized legal services or understand complex contract.
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Egypt’s Blu EV Plans $100 Million Investment in Morocco’s Electric Mobility Market
The investment could also boost local job creation and encourage other companies to explore Morocco’s growing green economy.