News
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Egypt’s agricultural exports rise to 6.8 million tons so far
Egypt’s agricultural exports hit 6.8M tons in 2025, led by citrus, potatoes, and onions, up 650K tons from 2024, boosting global market reach.
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CAPMAS: Egypt’s population hits 108 million
Between November 2024 and August 2025, Egypt registered around 5,165 births per day.
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Borg El Arab airport renamed “Alexandria International Airport”
The airport’s official code will be updated with the International Civil Aviation Organization (ICAO) from HEBA to HEAX.
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HSBC Egypt launches real-time Treasury API for businesses
HSBC Egypt launches a real-time Treasury API, enabling businesses to automate cash management, payments, reconciliation via ERP systems
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Egypt records highest-ever primary surplus in FY24/25 at 3.6%
Egypt achieves a record 3.6% primary budget surplus in FY24/25, driven by 4.7% GDP growth, private investment, and tax revenue surges.
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Ezdehar Management acquires Egyptian snack maker Kemet
Ezdehar buys a majority stake in Kemet, planning capacity upgrades, product innovation, and expansion into regional and export markets.
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Egypt mulls converting Helwan Iron and Steel site into textile complex
Egypt considers converting Helwan steel site into a textile & garment complex to attract foreign investment and boost local value-added production.
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Egypt: New Labor Law Forthcoming August 19, 2025
Egypt prepares a new labor law to modernize employment rules, enhance worker protections, and improve processes for foreign hiring.
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Egypt Becomes a Global Travel Magnet with Hurghada and Sharm El-Sheikh at the Top of The World’s Favorite Destinations
International arrivals surged 21% in Q1 2025, pushing tourism spending past $15B, with Hurghada and Sharm topping global summer destination lists.
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Viking takes delivery in Egypt of new Nile River cruise vessel Viking Amun
Viking receives its newest Nile cruiser, the Viking Amun, expanding its fleet and boosting tourism options on the Pharaohs & Pyramids route.
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Nobu opens its first restaurant in Egypt on the North Coast
Nobu debuts at OGAMI in Ras El Hekma, offering signature Japanese-Peruvian fusion cuisine, targeting high-end tourism and lifestyle segments.
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Egypt sets sights on Türkiye's Kaan fighter jet program
Egypt eyes joining Türkiye’s Kaan fifth-generation fighter jet program to enhance defense capabilities and regional air power influence.
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After 12-Year Hiatus, Egypt’s Alexandria Biennale Will Return in 2026
The Alexandria Biennale returns after a hiatus, showcasing contemporary Arab and African art while fostering international cultural exchange.
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Egypt, Japan sign 12 agreements to boost investment, trade ties
Egypt and Japan signed 12 agreements and memoranda of understanding on Monday on education, renewable energy, industrial development, green economy.
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Egypt Registers Record Primary Surplus of 629 billion pounds
This is equal to 3.6% of the country's gross domestic product.
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Egypt’s Technotex aims to boost garment exports
The Technotex Garment Factory in the Second Industrial Zone of 15th of May City, according to a Cabinet statement.
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Government source elaborates on Egypt’s 50% customs duty on iPhones
A high-ranking government source confirmed that the customs duty on iPhones has not changed.
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Why is the Egyptian pound gaining ground? Experts weigh in
Strong inflows from tourism and remittances, and renewed optimism ahead of key International Monetary Fund (IMF) reviews in September.
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$183B New Alamein City in Egypt Set to Rival Mediterranean Hotspots
Nestled along the sparkling north coast, New Alamein City of Egypt is a bustling metropolis poised to take on Greece, Italy, and Spain.
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Egypt targets top-50 spot in WB's 2026 Business Ready report
Egypt is working to position itself among the world’s top 50 economies in the World Bank’s upcoming Business Ready (B-READY) report for 2026.