News
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33 percent of work on Al Dabaa nuclear power plant completed
Egypt completes 33% of Al Dabaa nuclear plant construction, targeting 42% by year-end with $28.5B project funded by Russian loan.
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Eni to invest $8 bln in Egypt as it expands role in East Med Gas Hub
Italian energy giant Eni plans $8B investment in Egypt over 5 years, focusing on gas/oil production and East Mediterranean hub integration.
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Egyptian remittances hit record $23.2 billion in first seven months of 2025 Photo of Egypt Independent Egypt Independent
Egyptian remittances hit record $23.2B in first 7 months of 2025, up 49.7% from $15.5B, with July reaching historic $3.8B monthly high.
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Egyptian Exports Rise 6.5% to USD 45.3 Billion in 2024
Egyptian exports rise 6.5% to $45.3B in 2024, driven by 14.4% non-oil growth, with Saudi Arabia leading at $3.5B destination.
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Egypt, JICA sign ODA loan agreement for Greater Cairo Metro Line 4 project
JICA signs loan agreement with Egypt for Cairo Metro Line 4 Phase 1 construction, aimed at reducing traffic congestion and air pollution.
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MNT-Halan Rolls Out Egypt’s First Secured Digital Lending Solution
MNT-Halan launches Egypt's first secured digital lending by non-bank, offering up to EGP 500K credit while earning portfolio returns
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Orange Egypt Unveils Nation’s First Digital Gold Trading Platform via Mobile Wallets
Orange Egypt launches nation's first digital gold trading platform via mobile wallets, partnering with mnGm for EGP 5 minimum investment.
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LNG Carriers Pile Up Near Egypt Terminals as Demand Craters
LNG carriers pile up at Egypt terminals as demand drops faster than expected, highlighting scheduling issues with volatile import needs.
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AVEVA Day Egypt to spotlight how AI and digital technologies are supporting industrial transformation
AVEVA hosts Egypt event Oct 1st showcasing AI and digital technologies reshaping industrial landscape, focusing on digital twins and efficiency.
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Archaeologists have uncovered a sunken ancient Egyptian port. Is it connected to Cleopatra?
Archaeologists uncover sunken ancient Egyptian port linked to Cleopatra search, featuring underwater structures and maritime artifacts.
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Shops & malls across Egypt to close at 10 PM from today
The Ministry of Local Development directed governorates to enforce winter trading hours under Decision 456 of 2020 as summer hours end on September 25
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Egypt extends stay for 5-year visa holders to 180 days
This card ensures that visitors can remain in Egypt for full duration of their stay, even if they leave and re-enter the country within that period.
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MNT-Halan Launches Egypt’s First Secured Digital Lending Solution
Customers approved through the Halan App or at any Halan booth can enjoy zero interest and no fees on Halan Card transactions for up to 45 days.
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Ecomondo 2025: The Conferences not to Be Missed
The Forum Africa Green Growth: International Cooperation and Partnerships with Mediterranean and Africa will also be back at Ecomondo 2025.
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Cairo airport sees strong passenger growth in August, Egypt wins sustainability awards
Flight traffic also increased, with 20,050 flights in August, compared to 18,729 in July and 19,049 a year earlier.
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Egypt accelerates investment reforms to boost competitiveness
Egypt’s pivotal geographic role in connecting East and West and emphasized the country’s growing potential as a regional investment hub.
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Egypt’s East Port Said ranked 3rd globally in World Bank port performance index, 1st in MENA
The CPPI measures efficiency at 405 container ports globally based on vessel turnaround times and operational performance.
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Singapore to assist Egypt to digitalise port
West Port Said, one of the country’s main ports, occupies 2 sq km and is situated on the northern entrance of the Suez Canal.
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Zuckerberg: Instagram Reaches 3 Billion Monthly Active Users
This achievement marks a significant milestone for the photo-sharing app, which Meta acquired in 2012 for $1 billion, according to CNBC.
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Sky Realty raises stake in Bonyan to 82.19%
The filing showed no changes in related-party ownership, which remained at 0.000006%.