News
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Egypt pens $20bln deal to launch Jirian City in Sheikh Zayed
Facilities at the new city include shopping malls, international hotels, universities, a hospital, a media city, and world-class sports clubs.
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Driving trade transparency and efficiency in Egypt
How can streamlined trade processes unlock growth for Egypt? With UNCTAD’s support, the country is paving the way for a more transparency.
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Egypt’s economic rebalancing gains pace despite regional headwinds
Egypt’s economic rebalancing is gaining momentum, with signs of stabilizing inflation and falling interest rates.
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Egypt launches trial operation of Cairo Ring Road BRT first phase
Egypt initiates the first phase of Cairo's BRT system, deploying electric buses to enhance sustainable urban transit and reduce congestion.
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Egypt Accelerates Gas Output as BP Fast-Tracks Offshore Drilling
BP boosts Egypt's gas output by 200M cubic feet/day from the Raven field, ahead of schedule, aligning with Egypt's energy expansion strategy.
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Samsung Electronics targets increasing exports to Egypt by 30% in 3 years
Samsung plans to boost exports to Egypt by over 30% within three years, aligning with Egypt's strategy to become a regional manufacturing hub.
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Finance min. to announce new export support program next week
Egypt's Finance Minister Ahmed Kouchouk to unveil a new export support program, aiming to boost industry funding and streamline investor processes.
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Shell Egypt honours young innovators, supporting over 1,000 entrepreneurs
Shell Egypt, in collaboration with Flat6Labs, celebrates over 1,000 young entrepreneurs, fostering innovation and economic resilience.
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WaffarX, DGTERA to empower digital transformation in F&B in Egypt, Saudi Arabia
WaffarX and DGTERA collaborate to digitize Egypt and Saudi Arabia's F&B sectors, enhancing customer engagement through AI and fintech solutions.
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Egypt, Serbia discuss digital connection plan to facilitate labor mobility
Egypt and Serbia plan a digital platform to streamline labor mobility, aiming to open new markets for Egyptian workers and strengthen bilateral ties.
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Belavia Charters Begin Flights to El Alamein (Egypt)
Belavia launches charter flights to Egypt's El Alamein, offering new Mediterranean resort options with modern infrastructure and luxury hotels.
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Egypt denies court ruling threatens historic monastery
Egypt denies that a court ruling threatens the UNESCO-listed St. Catherine's Monastery amid concerns over land ownership and religious freedoms.
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Takaful and Karama one of Egypt’s most cost-effective ways to support vulnerable families
Egypt's Takaful and Karama program, launched a decade ago, has evolved into a comprehensive social protection system, supporting millions of citizens.
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Egypt, China discuss investment opportunities
Egypt and China explore expanding economic ties, focusing on sectors like automotive, textiles, and real estate, aiming to boost bilateral investments
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Egypt Boosts Energy Future with 40 New Oil and Gas Discoveries
Egypt announces 40 new oil and gas discoveries, adding 42 million barrels of oil and 1.3 trillion cubic feet of gas to reserves.
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Jeune Afrique names Egypt in top 3 of best-performing nations in Africa
Egypt ranks second in Jeune Afrique's 2025 African Performance Index, highlighting its governance, innovation, and influence strides.
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Banks inject EGP 82.1bn into low-income mortgage initiative until April 2025
22 banks and 8 mortgage firms disbursed EGP 84.6 billion to over 630,000 low-income beneficiaries under Egypt's mortgage initiative by April 2025.
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Egypt’s pharmaceutical sector gearing up to inject $80M to bolster local production
Egypt's pharmaceutical industry plans an $80M investment to add 20 production lines, aiming to reduce imports and boost exports by 2030.
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Majid Al Futtaim, Ennismore announce plans for Egypt’s first 25hours Hotel
Majid Al Futtaim and Ennismore to open Egypt's first 25hours Hotel in Cairo's Junction development, blending hospitality with cultural experiences.
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UK-Egypt partnership spurs private sector push for nutrition under Vision 2030
UK-Egypt collaboration engages the private sector to enhance nutrition initiatives aligned with Egypt's Vision 2030 goals.