News
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US dollar rises globally, other currencies fluctuate
US dollar rises after weak jobs data as traders anticipate Fed rate cuts; other currencies fluctuate amid shifting global economic and policy signals.
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Digified Approved to Offer AI-Powered Digital ID Services in Egypt
Digified gets FRA approval for AI-powered digital ID and e-contracts, enabling paperless, legally binding onboarding for Egypt’s financial firms.
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Grand Egyptian Museum Opens on 1 November
The vision for the GEM was initially introduced in 1992, with a location secured just two kilometers from the famed Giza Pyramids.
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Egypt launches first bachelor's programme in banking sciences
Egypt will roll out its first-ever bachelor's degree in banking sciences starting in the 2025/2026 academic year.
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Tiktok Removed 2.9 Million Videos in Egypt in 2025
TikTok also banned 347,935 LIVE hosts and interrupted 587,246 livestreams for Community Guidelines violations.
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e-Tax has received approval to build Egypt’s digital tax platform
. The new Case Management platform will serve as a cornerstone in modernising tax administration, enabling real-time monitoring of tax cases.
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Tourism in Egypt Thrives: Now, Major Hotel Developments in Cairo and Sharm El-Sheikh
With big money coming in and plans to attract even more visitors, Egypt has bounced back from the COVID-19 hits.
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Egypt approved to join Türkiye's 5th-generation KAAN fighter jet program
Although Arab media outlets have widely reported the news, the report has not yet been confirmed in any way in Türkiye.
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Egypt 2025. Motorcycles Market Is Growing Up Since 3 Years. First Half Sales +48%
Differently from the most of African market, the motorcycles sector is not the primary mobility vehicles in Egypt.
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Egypt allocates $123.6mn for first phase of strategic Libya land connection
The total cost for the Egyptian section of the project is expected to reach EGP24bn upon full completion.
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Egypt, Vietnam Forge New Path for Economic Collaboration with Strategic MoU
Both countries reaffirmed their commitment to sustainable development, seeking to foster stronger ties of friendship and cooperation.
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Bim to open 550 new stores in Egypt by 2026
The expansion is backed by foreign direct investments estimated at around $40 million, according to media reports.
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Agricultural Exports in Egypt Reaches Highest Level in Years
Agricultural export in Egypt has reached an all-time high of 6.24 million tonnes as of July 2025, an increase of 575,000 tonnes from last year.
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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.