News
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Egypt’s unemployment to drop from 6.2% in 2025 to 4.4% by 2034
The population is projected to grow from 114.5 million in 2024 to 132.34 million by 2034, that's more than 17.8 million people in a decade.
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USD still below EGP 48 mark at Egyptian banks on Thursday
USD holds steady below the EGP 48 mark across major Egyptian banks, trading in the 48.45-48.55 range on Thursday.
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Trump Tariff: India’s textile loss is gain for Pakistan, Bangladesh, Turkey, Vietnam, Egypt & Italy Indian exporters are
Trump tariffs create textile export opportunities for Egypt as Indian exporters adopt a wait-and-watch policy amid trade uncertainty.
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Egypt implements EGP 12.7bn water, wastewater projects in Northwest Coast in 2024
Egypt completes EGP 12.7B water/wastewater infrastructure projects in the Northwest Coast, with 71 projects creating major opportunities.
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Saudi - Egyptian meeting discusses shared visions for strategic relationship
The Saudi-Egyptian Supreme Coordination Council meets in Riyadh to discuss strategic partnership and joint action plans between the nations.
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Egypt’s military production, petroleum ministries drive projects to boost citizens’ economic gains
Egypt's military production & petroleum ministries partner on gas meters & bus conversion projects, converting 2,262 buses to natural gas.
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Egypt has secured $27.5 bln in World Bank financing since 1959
Egypt has secured $27.5B in World Bank financing across 201 projects since 1959, with 13 active projects worth $6.5B currently underway.
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Food Industries Chamber backs gov’t plan to boost exports
Egypt's food industry backs the government plan to boost exports via modern industrial complexes, targeting growth beyond current $11B exports.
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WRK+ is Cairo’s workspace engineered for innovation
WRK+ launches innovation hubs across Cairo locations, creating a collaborative workspace ecosystem for startups and corporates.
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Egypt to host 3rd Global Conference on Population, Health and Human Development in November
Egypt hosts the 3rd Global Health Conference in the New Capital Nov 10-13, focusing on universal healthcare, AI innovation, and development.
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Fitch Solutions projects Egypt’s GDP to reach $829.2B by 2034
Fitch forecasts Egypt's GDP to surge from $395.5B in 2026 to $829.2B by 2034, rebounding to $324.5B by end-2025 after a recent decline.
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Egypt, JBIC explore deeper cooperation through samurai bonds and industrial investments
Egypt's PM and JBIC Governor discuss issuing samurai bonds and a Japanese industrial zone in the Suez Canal Economic Zone to boost exports.
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Egypt, India discuss expanding economic, investment cooperation
Egypt and India explore enhancing trade and investment ties, focusing on sectors like industry, pharmaceuticals, and infrastructure.
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Madbouly urges Toyota Tsusho to boost investments in Suez Canal Economic Zone
Egypt’s PM invites Toyota Tsusho to expand investments in the Suez Canal Economic Zone, highlighting incentives and strategic access to global markets
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Egypt builds strategic rail link to connect ports with industrial heartlands
Egypt speeds up construction of the 63.5 km Rubeiki,10th of Ramadan Belbeis rail link, connecting industrial hubs to key seaports.
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Coral Bridge subsea cable connects Egypt and Jordan after 25 years
Egypt and Jordan complete the Coral Bridge subsea cable, 15 km of high-speed, low-latency fiber, enhancing regional digital integration.
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Egypt’s furniture exports expected to hit $350mln by year-end
Egypt’s furniture exports are projected to top $350M by the end of 2025, turbocharged by AI design tools and advanced manufacturing techniques.
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Egypt boost economic relations with Japan at TICAD 9
At TICAD 9, Egypt invited Japan to invest in a new industrial zone and deepen green energy and desalination tech ties.
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Saudi Crown Prince, Egyptian president discuss regional developments
Egypt will host the first AI Everything MENA summit (Feb 10‑12, 2026), bringing together policymakers, investors, tech firms, and startups.
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Remnants of 2,000-year-old sunken city lifted out of the sea off Alexandria
Egypt recovers Ptolemaic and Roman statues, sphinxes, and dock remnants from the sunken city of Canopus—boosting heritage tourism.