News
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Egypt car market reversed course after prices plunged, supply rebounded
Egypt’s auto market sees price drops and supply rebounds after years of shortages and inflation, signaling stabilization and consumer relief.
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Cypriot natural gas from Cronos field set to link with Egypt by 2027
Cyprus plans to connect its Cronos gas field to Egypt by 2027, enhancing regional energy cooperation and facilitating gas exports to Europe.
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Association of Real Estate Developers seeks urgent meeting over threatened land deallocation on Northwest Coast
Developers push for dialogue as the government threatens land deallocation amid financial and regulatory challenges.
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Egypt records highest-ever electricity load at 38,800 MW
The figure surpasses both last year’s peak and this year’s previous high of 38,000 megawatts.
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Cypriot Cronos Natural Gas Field to be Connected to Egypt by 2027
These surveys are taking place in both the Cypriot and Egyptian exclusive economic zones, preparing to link the field to Egypt’s facilities.
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Egypt car market reverses course as prices plunge, supply rebounds
After years of soaring prices, shortages, and market distortions, Egypt’s automotive sector is witnessing a dramatic shift, with car prices falling.
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Scientists unveil secrets of Egypt’s most complex mummy without unwrapping
With state-of-the-art technology, scientists have revealed the mummy’s secrets “without having to unwrap it.”
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Agiba boosts Egypt's gas production with 4,100 barrels per day
This achievement strengthens Agiba’s strategy to increase output and accelerate the development of its concession areas.
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Egypt Leads North Africa in Copper Exports
While 52 out of 54 African nations export copper in some capacity, 98% of the continent’s copper export value is concentrated in just 10 countries.
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Egypt, Kenya and Nigeria bet big on urban mega‑projects
Africa’s fast-growing cities are defined by bold new projects, each aiming to address pressing urbanisation challenges.
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650,000 Mobile Phones Entered Duty-Free with Passengers in 2025
Through a systematic review of the exemption program, the NTRA uncovered 13,000 devices that had illegally benefited from the duty-free rule.
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Egypt, Huawei Advance AI Health Data Hub Plans Following China MoU
Huawei will also support Egypt’s development of smart medical cities, integrating AI and IoT to improve healthcare service delivery across the country
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From Shore to Fortune: The Economic Potential of Black Sand
Black sands in Egypt are formed as the Nile River carries heavy mineral-rich sediments from eastern and central Africa to the Nile Delta.
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Egyptian economy has promising investment chances
Egypt’s FM highlights promising investment opportunities, signaling market confidence.
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Shell invests in Mina West gas development in Egyptian Mediterranean Sea
Shell commits to developing the Mina West gas field, signaling strong energy sector confidence.
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Egypt’s Foreign Minister opens business forum in Senegal to boost trade
Egypt launches a business forum in Senegal to expand trade and economic cooperation.
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Egypt’s government plans to borrow from citizens through retail bonds
Egypt plans retail bonds for citizens, offering new savings tools and diversifying debt.
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Egypt Leads North Africa in Copper Exports
Egypt tops North Africa in copper exports, signaling growth in mining and industrial output.
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Flend Raises $3 Million to Expand Embedded SME Finance in Egypt
Flend secures $3M to scale embedded finance for SMEs, boosting digital lending innovation.
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MBRF organizes interactive seminar in Egypt attended by prominent journalists and media figures
MBRF hosts a seminar with top journalists, promoting media innovation and knowledge sharing.