News
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Egypt to establish first integrated natural silk production centre in New Valley
Egypt establishes first integrated natural silk production centre in New Valley's El Kharga, spanning 250 feddans for silk localization.
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Egypt’s Amer Group to invest over $104mln in new Porto Sokhna Phase
EGX-listed Amer Group's subsidiary secures tourism license for Polotano, the latest phase of the flagship Porto Sokhna development project.
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Egypt Proptech Challenge Launches Global Competition at Cityscape 2025
Egypt PropTech Challenge 2025 launches at Cityscape with 500 Global, featuring startup competition across three rounds for real estate tech.
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Egypt Construction Sector Grew 20% in 2024
Egypt's construction sector grows 20% in 2024 with EGP 56B in new investments, including the $35.7B Ras El Hekma development deal.
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Egypt’s Garment Industry Gains Momentum With Strong Export Growth
Egypt's garment exports surge 26% to $2B in the first 7 months of 2025, targeting $3.5B annually with strong FDI from Turkey, Vietnam, and China.
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Ras Ghareb wind farm set to power Egypt’s net zero goals
EBRD approves $74.1M financing for 200MW onshore wind farm in Egypt's Ras Ghareb region, supporting renewable power expansion.
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Egypt Mobile Manufacturing To Reach 9 Million In 2025
Egypt's mobile phone production is set to reach 9M units in 2025, up from 3.5M last year, with 14 factories and export plans starting.
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Egypt’s gasoline prices to increase by 15-25 percent starting in October
Egypt's gasoline prices are to increase 15-25% in October as part of IMF commitments, moving towards a flexible energy pricing structure.
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Egypt emerging as regional cybersecurity powerhouse
Gigamon CEO calls Egypt an emerging regional cybersecurity hub and explores AI-powered cybersecurity investment opportunities in the local market.
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Egypt, Spain agree on strategic partnership for inclusive growth 2025–2030
Egypt and Spain sign the landmark 2025-2030 Partnership for Development Agreement, marking the first initiative of its kind between the nations.
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Egypt and Belarus expand trade through exchange platform
Egypt and Belarus create electronic trading bridge through commodity exchange platform to increase mutual trade turnover and cooperation.
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Uptown 6 October reaffirms commitment to quality standards with ISO certification
Uptown 6 October Real Estate Development obtains ISO 9001:2015 certification, cementing its position as a leading Egyptian developer.
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Egypt launches first integrated system to recycle beverage cartons
Egypt launches its first integrated beverage carton recycling system, targeting 700 tonnes of collection in 3 years with blockchain tracking.
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Disappearance of Ancient Gold Bracelet in Cairo Museum Sparks Investigation
As part of the inquiry, individuals who had access to the artefact have been questioned, their phones have been confiscated for further examination.
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The Great Pyramid of Khufu still holds its secrets
It seems we are on the verge of uncovering new and astonishing secrets from the Pyramid of King Khufu, approximately 4,500 years after construction
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Egypt targets 7.7% AI contribution to GDP by 2030
Egypt aims to raise the share of artificial intelligence (AI) in GDP to 7.7% by 2030, Minister of Communications and Information Technology said.
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Egypt Selects 33 Startups for Third Cohort of Creativa Incubation Program
This initiative reflects Egypt’s ongoing commitment to fostering entrepreneurship and innovation in the technology sector.
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EBRD supports rollout of inter-city electric bus fleet in Egypt
€10.6 million loan will fund purchase of up to 30 new buses, six electric micro-buses and three other electric vehicles.
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Emirates NBD Egypt, Talaat Mostafa Group collaborate to launch exclusive co-branded Mastercard credit cards in Egypt
This collaboration offers a secure and convenient digital payment experience, complemented by a loyalty program designed to meet their needs.
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Egypt launches seismic survey project in Mediterranean to boost domestic gas output
The main objective of the initiative is to support new drilling campaigns and boost domestic gas output.