News
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Accor expands Egypt portfolio with new Mövenpick signing in West Cairo
Accor to open a 220-room Mövenpick hotel in West Cairo by 2028, enhancing Egypt's hospitality sector and aligning with Vision 2030.
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Egypt strengthens regional cybersecurity leadership at CAISEC’25 Conference
Egypt showcased its cybersecurity advancements at CAISEC'25, reinforcing its regional leadership in digital security and infrastructure.
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FM reviews Egyptian efforts to promote investment atmosphere
Egypt's Foreign Minister highlights economic reforms and investment incentives to Moroccan business leaders, aiming to enhance bilateral trade ties.
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Egypt’s rising profile in medical tourism: a strategic initiative
The General Authority for Healthcare recently unveiled impressive achievements in its medical tourism project branded “We Care for You in Egypt."
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Egypt to launch QR-based visa-on-arrival pilot at Cairo airport
The scheme is designed to streamline payment and processing procedures, thereby alleviating congestion in the arrival area.
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Saudi Arabia and Egypt Finalize High-Speed Rail Link Plan
The link will span the Strait of Tiran through either a bridge or tunnel. Officials confirmed that technical planning is complete.
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Egypt Captures Attention at ITB China 2025 with Strong Tourism Growth
Youssef shared that Chinese arrivals to Egypt grew by 60,7% in 2024, with momentum continuing into 2025.
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Egyptian smartphone market leads as Africa’s top growing market in Q1 2025
According to a report by Canalys, Egypt led North Africa’s smartphone market in the first quarter of 2025.
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Fawry partners with CTM360 to boost cybersecurity
Fawry (FWRY.CA), Egypt’s leading e-payments platform, has partnered with Bahrain-based CTM360, a global leader in digital risk protection.
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Egypt's signs deal to export drugs to N.America, Europe
Egypt’s state-owned Holding Company for Pharmaceuticals (HoldiPharma) has signed a partnership with US-based Dawah Pharma.
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Egypt expands irrigation education and hyacinth recycling to boost green economy
A high-level meeting outlined the roadmap for establishing a new generation of technical schools focused on irrigation and water resource management.
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IMF concludes 5th review mission visit for Egypt’s EFF loan programme
Private investment rose significantly, from 38.5 percent of total investment in H1 FY2023/2024 to nearly 60 percent in FY2024/2025.
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Egypt to double Alexandria edible oil storage capacity to 150,000 tons
The project involves upgrading and expanding existing storage facilities in the Alexandria port complex, one of Egypt’s primary logistical hubs.
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IMF says Egypt making ‘substantial progress’ but needs more tax reforms
The IMF approved its fourth review of the programme in March, unlocking a disbursement of $1.2 billion.
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Egypt Greenlights Private Sector Renewable Projects in $388M Move Toward Energy Market Reform
The electricity will be transmitted through the national grid by the Egyptian Electricity Transmission Company, which will receive a transmission fee.
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ICT sector fastest-growing contributor to Egypt economy
The sector now boasts an annual growth rate of 16 percent, making it a cornerstone of Egypt’s economic development strategy.
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“Valu” Announces its Intention to Float on The Egyptian Exchange
The ratio of the number of Valu shares that will be allocated to the shareholders of EFG Holding is 1 Valu share per 3.3273 EFG Holding shares.
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Giza Palace Cairo Sets a New Standard for High-End Hospitality in Egypt
Located in the vibrant heart of West Cairo, Giza Palace is destined to become a prime destination for both international visitors and local residents.
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Egypt, Germany sign EUR 118 mn financing agreement
The EUR 118 mn financial cooperation agreement dedicated to supporting the education and energy sectors.
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Egypt’s PM meets Samsung, stresses importance of localising advanced tech industries
Egypt is open to providing exceptional incentives, particularly those that produce large quantities with a high local component and export rates.