News
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LG Egypt launches a new phase of its “Better Home” initiative in Al Beheira to improve living conditions
LG Egypt expands its CSR “Better Home” initiative, donating appliances to improve living conditions for vulnerable families in Al Beheira villages.
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Egypt launches platform to map its progress toward 2030 SDGs
It aims to support data-driven decision-making and help align national and local efforts with Egypt’s Vision 2030 development strategy.
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8.7 million tourists visited Egypt in H1 of 2025
Tourism revenues reached USD 12.5 billion from July 2024 to March 2025, reflecting a 15.4 percent increase from the previous year.
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Egypt now Mena's third-largest construction market
Egypt’s construction market has grown into one of the largest in the Middle East and North Africa, with future projects valued at $565.5 billion.
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Egypt Adds 4,100 Barrels of Oil per Day to Its Production
Egypt’s Petroleum Ministry on Monday announced it will add an estimated 4,100 barrels of oil equivalent per day (boe/d) to its production capacity.
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Egypt edges closer to national maritime decarbonization plan
This is a a technical cooperation kickstarted by the IMO to help developing nations slash GHG emissions from shipping, in line with the 2023 IMO GHG.
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Chinese automaker Chery launches 5 new models in Egypt
During an event at the Abdeen Palace Museum, the automaker launched Arrizo 5 FL, Arrizo 8, Tiggo 7 Pro Max, Tiggo 8 Pro Max, and Tiggo 9 PHEV.
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Visa Report Highlights Surge in Digital Payment Adoption Among Egypt’s SMEs
Egypt’s SMEs represent a positive future for digital payments as more businesses recognize their contribution to customer convenience, retention.
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Egypt’s Suez Canal Economic Zone revenues jump 38% YoY despite traffic downturn
The increase aligns with SCZONE’s objective to attract regional businesses by offering streamlined access to local markets and talent.
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Egypt to gain $10m winter entertainment hub
The hub will host a series of international concerts aimed at attracting local and international visitors, according to project leaders.
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Egypt’s cinematic legacy: the birth of Mollywood
Today, under a series of transformative initiatives, the country is poised to revive its legacy by launching “Mollywood”.
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Village in Egypt’s Nile Delta perfumes the world with Jasmine scent
The jasmine harvest season in Egypt spans a long period, typically beginning in mid-April or June and continuing until November or December each year.
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Egypt disburses EGP 5 bln in overdue export subsidies to 2,000 companies
Egypt’s Ministry of Finance will disburse EGP 5 billion on 7 August to 2,000 exporters, marking the first instalment of a new settlement mechanism.
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Egypt secures $1.8 bln trade finance from ITFC to support energy, food needs
Egypt secured $1.8B from ITFC in 2025 to finance vital energy and food imports, supporting economic resilience amid rising global commodity prices.
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Egypt’s electricity grid records highest-ever load at 38,800 MW
Egypt’s power grid hit a record demand amid summer heat, highlighting urgent infrastructure upgrades and renewable energy expansion.
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Midar partners with Adeer to develop Boulevard project in Mostakbal City with EGP 70bn investment
Midar and Adeer launch an EGP 70B mixed-use development, marking a major Egyptian-Saudi real estate partnership.
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Agiba boosts Egypt's gas production with 4,100 barrels per day
Agiba Petroleum raises Egypt’s gas output by 4,100 barrels per day, supporting national energy security and production capacity.
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President al-Sisi emphasizes role of petrochemical industries to maximize resources
President al-Sisi highlights petrochemical and mining sectors as key to value-added production, exports, and job creation.
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Egypt Plans More LNG Deals, Driving Global Competition for Fuel
Egypt’s push for additional LNG imports with Shell and TotalEnergies increases global competition amid rising domestic demand.
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Arab Fund Signs First Private Sector Deal in Egypt with NBE
The Arab Fund invests $50M via NBE to support MSMEs, marking a strategic shift from infrastructure to entrepreneurship finance.