News
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Agriculture Ministry: Egypt reached 90% self-sufficiency in sugar
He added that next year, the country is expected to achieve full self-sufficiency—100%.
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The best 3-day Cairo itinerary for first-time visitors
These three days offer just a glimpse of its treasures, but enough to leave you with unforgettable memories.
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Egypt vows no power cuts this summer
The deployment of three regasification vessels is a temporary solution until Egypt’s full natural gas production capacity is restored.
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Egypt leads Africa’s pharmaceutical sector with largest market
Egypt’s pharmaceutical exports currently reach more than 150 countries worldwide and have expanded into new markets in Africa and the Arab world.
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Egypt completes second $1bln sovereign sukuk issuance amid regional tensions
Egypt’s Ministry of Finance has completed its second sovereign sukuk issuance, returning to international markets with a $1 billion Shariah-compliant.
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TUI Group pushes ahead with expansion in Africa
TUI Group is pursuing ambitious plans on the African continent. The focus is on the hotel market.
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MNT-Halan’s Tasaheel closes Egypt’s first SME-focused issuance worth EGP4.7bln
This transaction aligns with Tasaheel’s strategy to provide financial solutions that promote financial inclusion and drive economic growth.
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Egypt to resume gas supply to factories on Friday after brief halt
Egypt’s prime minister, Mostafa Madbouly, said on Wednesday that gas supplies to factories affected by recent shortages will resume on Friday morning.
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EgyptAir resumes flights to Gulf countries
Bahrain, Qatar, and Kuwait also announced on Monday evening the temporary closure of their airspace following Iran’s attack on US bases in the region.
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Russia Shifts Egypt’s Dabaa Nuclear Loan Repayments to Ruble
Rosatom is collaborating with local suppliers in the project, with the goal of reaching a local content share of 20–25% in 2028.
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Egypt awards int'l energy companies 6 exploration blocks to boost investment
Egypt awarded six new exploration blocks to top international energy companies, expecting to attract $245 million in fresh investment
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Juhayna sees 37.3% YoY lower consolidated profits in Q1 2025
The quarterly earnings were lower by 37.36% year-on-year (YoY) than EGP 478.333 million.
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HMZ Group launches ‘Joint’ furniture manufacturing arm with $4m Investment
The launch coincides with the inauguration of the Joint Plant, a state-of-the-art factory located in the 6th of October Industrial Zone.
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EgyptAir suspends flights to Gulf region
EgyptAir announced the temporary suspension of flights to the entire Gulf region, with the exception of Jeddah, Medina, and Qassim in Saudi Arabia.
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Egypt’s President reviews energy plan, stresses renewables and localisation
The discussion covered the development of Egypt’s energy mix, the use of renewable energy and storage batteries.
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Egypt’s agricultural sector sees strong growth with 5.2M tons exported in H1 2025
Minister of Agriculture and Land Reclamation, Alaa Farouk, had previously announced that by the end of May, exports had already hit 4.8 million tons.
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Egypt key in ADNOC Distribution regional expansion strategy
In 2023, ADNOC Distribution acquired 50 percent of TotalEnergies Marketing Egypt (TEME), underscoring a belief shared by both of our companies.
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Beltone Leasing mobilizes 20 million USD to support sustainable loans in Egypt
The financing is evenly split between the two funds, each providing 10 million USD.
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Egypt signs contract with China’s Hantong Shipyard to build 2 KAMSARMAX vessels
Each of the two ships will have a total tonnage of 82,000 tons, with a length of 229 meters, width of 32.26 meters, and draft of 14.5 meters.
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Aria Ventures launches $1 million fund to bolster deeptech investment in Egypt
Aria Ventures operates as a venture studio, concentrating on Deep-Technology innovation across diverse sectors.