News
-
Hospitality investment needs greater backing from financial institutions
Egypt has demonstrated resilience in managing exchange rate and interest rate fluctuations, boosting investor confidence.
-
President El-Sisi briefed on Suez Canal transit rates for 2025/2026 FY
An update about transit rates for the 2025/2026 fiscal year, along with the progress and timelines of launching new marine units in the coming period.
-
Norway’s Scatec eyes $5bn investment to boost Egypt’s green economy
They discussed expansion plans worth $5bn in renewable energy, desalination, and data centers over the next two years.
-
Irrigation Minister Participates in 1st Saudi Water Week in Jeddah
This reflects the shared interest in exchanging expertise and learning about the latest practical solutions in the water sector.
-
Tiktok, RiseUp Summit launch growth initiative for Egyptian startups
TikTok Business has announced a partnership with Cairo-based RiseUp Summit to launch a joint initiative to support and empower startups in Egypt.
-
Egypt urgently acts to contain oil spill in Lake Nasser
The oil slick was caused by a fuel and oil leak from the barge’s fuel tank and engines in a slush area of the loading port on Lake Nasser.
-
Gold down EGP 985 in June as local market tracks global decline more closely
The report attributes the decline to weaker global gold prices, a stronger Egyptian pound, and a sharp contraction in the local market premium.
-
Egypt holds firm as Africa's 2nd-largest economy in 2026
Egypt’s extensive structural adjustments and infrastructure investments continue to anchor its position as a primary engine of continental growth.
-
Map of World's Largest Mineral Reserves
At the center of the global minerals map is China, which controls approximately 52% of global rare earth element reserves.
-
Egypt to build wind turbine manufacturing plant and large wind farm with Chinese involvement
The authorities hope to reduce imports and strengthen the country’s export potential by manufacturing its own renewable energy equipment
-
Axens and Green Sky Capital to develop SAF plant in Egypt
The 200,000 tonnes/year facility was set to become the first SAF production plant in Egypt and across Africa, Axens said on 3 June.
-
Rolls-Royce taps Cairo as North Africa ultra-luxury hub
British marque is bypassing the broader auto market’s struggles, positioning its new Cairo outpost as a launchpad to serve untapped regional demand.
-
Dana Gas reports drilling success in Egypt, four more wells planned for 2026
The result also opens up an additional 12 Bcf of potential gas resources across the license area, which the company said it will pursue.
-
Egypt, Italy tour operators, airlines discuss boosting tourist flows
Fathy discussed joint marketing campaigns, familiarization trips for Italian operators, media representatives and influencers, and expanded flights.
-
Egypt launches initiative to unlock €14 bln in EU Horizon Europe funding for private sector
The immediate focus of the initiative centres on the newly structured 2026–2027 Work Programme, which commands a massive 14 billion euro budget.
-
Industry Minister announces unused land will be withdrawn and offered again to serious investors
Thia comes as part of a package of decisive measures to correct the course of the industrial sector and maximize the utilization of resources
-
Egypt EETC, Heca Data ink MoU for new data centre
The MoU covers expected electrical loads, implementation phases, possible alternatives for electricity supply, other energy solutions.
-
Egypt Introduces Smart Licenses for Tourist Guides
The new licenses are linked to electronic gates at archaeological sites and museums, allowing licensed guides to enter more quickly.
-
How E-Commerce Became One of Egypt’s Fastest-Growing Industries
As one of the largest consumer markets in the Middle East and North Africa, Egypt benefits from a demographic that skews toward younger age groups.
-
Egypt to Host 3rd Edition of Global Entrepreneurship Festival (GEF)
It will bring together leading entrepreneurs, investors, economic policy makers and innovators From Africa, the Middle East and globally.