News
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Egypt signs vaccine production agreement with UAE’s Al Qalaa, China’s Red Flag
The partnership aims to position Egypt as a regional hub for vaccine manufacturing and exports—particularly to African and Arab markets.
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Egypt launches nationwide price reduction initiative
As part of broader efforts to stabilize domestic markets and ease pressure on citizens, the Egyptian government has launched a nationwide initiative.
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Egypt’s trade deficit shrinks by $740M in May 2025
This growth was driven by significant rises in key export sectors, with ready-made garments surging by thirty-two point eight percent.
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Government initiatives, devalued currency help Egypt’s hotel industry flourish
The investment and development push has been in the making for Egypt's hospitality industry for the past several years.
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WEPCO Increases Onshore Gas Production from Egypt’s Western Desert
The new well was drilled at a depth of 5,000 meters from the lower Kharita formation, a geological formation commonly found in the Western Desert,.
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Egypt, Uganda strengthen water cooperation, address Nile governance
The meeting was also attended by Uganda’s Minister of State for Foreign Affairs, Henry Oryem, and Minister of State for Environment, Beatrice Anywar.
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EGX launches trading in National Printing shares after EGP 450m offering
The offering included 21,171,040 shares allocated to 3,359 investors.
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Egypt’s foreign reserves climb by $336M to Reach $49.036B in July 2025
This marks an addition of $336 million, according to data released by the Central Bank of Egypt (CBE).
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UAE's NRTC acquires Egypt’s Al Hashemeya Farms
UAE-based NRTC Food Holding LLC, a leading fruit and vegetable trading company in the Gulf Cooperation Council (GCC), has acquired Al Hashemeya Farms.
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TikTok Given 3-Month Deadline to Abide by Egyptian “Social and Moral Standards”
The House committee has been in talks with the NTRA for a year now, aiming to explore new mechanisms of regulation.
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B2B opens a new window into Egypt’s real estate market through the gateway of Oman
B2B decided to take a different path by turning its focus to the Omani market, which it views as a promising destination.
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El-Sisi Approves Old Rent Law Amendments
For mid-range and economic zones, rents will increase to ten times the existing rate, with a minimum of EGP 400 in economic areas.
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Egyptians abroad can easily invest in stocks, funds via apps
The conference, which was opened by Prime Minister Mostafa Madbouly, was organised by the ministries of foreign affairs and emigration.
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Egypt's $10 Billion Green Gamble
Egypt aims to source 42% of its electricity from renewables by 2030, up from current capacity of 7.8 GW.
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Egypt’s Stock Market Hits Record, Poised for Further Gains on IPO Activity
This is driven by strong investor sentiment and optimism over upcoming listings, with analysts eyeing a move toward the 36,000-point level.
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Egypt imports 345,000 tonnes of food, agricultural products in one week
According to a report issued by the Authority’s media centre, the imports included wheat, various oils, local fava beans, and soybeans.
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Egypt issues another warning to Ethiopia over GERD
Sewilam’s remarks came during a phone interview with Ahmed Moussa’s TV show “Ala Massoulity” (On My Responsibility) on Saturday.
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Egypt’s Chemical Exports Climb to $4.6 B in H1 2025
Exports to these top ten markets rose to $2.719 billion in H1 2025, up from $2.13 billion in the same period last year.
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Citigroup Surprises Markets: Gold on Track for a New Historic High
This marks a notable reversal from the bank’s projections in June, when it anticipated that gold prices could fall below $3,000 per ounce.
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CBE hosts Kenyan delegation to share cybersecurity expertise
The Central Bank of Egypt (CBE) welcomed on Sunday a high-level delegation from the Central Bank of Kenya (CBK).