News
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Over 80% of Egypt’s gold fund investors under 40: FRA chairman
This reflects a growing shift among younger generations toward modern savings and investment tools.
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Egypt Launches National Clean Hydrogen Program
A key component of the initiative includes the establishment of a Green Hydrogen Center of Excellence at the SCZONE headquarters in Ain Sokhna.
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Egypt exports 237,000 tons of food, led by 60,000 tons of citrus
The shipments covered around 760 food products, including fruits, vegetables, and other food items.
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Coca-Cola Hellenic Egypt to open new Alexandria production line in June
The discussions took place during a meeting between Hashem and Adnan Topic, General Manager of Coca-Cola HBC Egypt.
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$600 Million Alexandria Petroleum Products Storage Facility Plans Unveiled by Egypt
This information on the Alexandria Petroleum Products Storage Facility was reported by a Saudi news website on Monday.
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Egypt’s gas import bill jumps 45% to $3.5 billion
The import bill rose by about $1.1 billion between January and April 2026, reaching $3.5 billion, compared to $2.4 billion last year.
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Egyptian ZeroTech enters Apple’s MFi programme with locally made chargers
Egypt’s ZeroTech Electronics has entered Apple’s Made for iPhone/iPad (MFi) programme after securing certification for its locally chargers.
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30 cents for an apartment with a view? Egypt says no more as it ends old rent law
The so-called "old rent" rule, which fixes the amount and allows it to be passed down through generations.
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Egypt Reaches 11 Million Licensed Vehicles in 2025
Cairo holds 25.7% with 2.84 million vehicles, followed by Giza at 1.6 million and Alexandria at 780,500.
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Government to ease Egypt’s early shop closing hours
With the start of the weekend these hours will be extended, with shops closing at midnight on Thursdays and Fridays.
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Local Demand on Methanex Egypt Output Up Tenfold in 15 Years
The company has exported over 12 mmt to European and Asian markets since its inception, securing consistent foreign currency inflows.
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NTRA discusses rising prices for prepaid recharge cards and data packages
Ibrahim indicated that the discussions regarding increasing telecommunications service prices are still under review.
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New real estate fees ignite pricing pressure in Egypt
Egypt’s move last week to impose partnership fees on real estate projects is adding fresh cost pressures across the sector, raising expectations.
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Egypt, Cyprus Sign Strategic Partnership
The move signals a mutual intention to deepen collaboration across a range of sectors, including trade, investment, tourism, labor, and energy.
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Mobile internet consumption in Egypt rises 12%: NTRA
The National Telecommunications Regulatory Authority issued a report on Saturday outlining internet usage indicators over a 24-hour period in 2026.
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Egypt allocates EGP 35 bln for construction and development projects in Sinai
Egypt has allocated a total of around EGP 35 billion (around $665.2 million) in public investments for the construction and development of Sinai.
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Archaeologists uncover massive Ramses II statue in Sharqiya
Studies have proven the site contains a group of temples dating back to different periods of ancient Egyptian history.
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Hynfra triples initial investments in Ras Banas green ammonia facility
The project under the Egypt Amun Green Ammonia JV, had an initial investment ticket of USD 1.6 bn for the phase back in 2024.
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Egyptian Hassan Allam, Saudi Al Bawani consortium awarded $490 mln Diriyah museum contract
Hassan Allam Holding and Saudi Arabia’s Al Bawani Holding have been awarded a $490 million contract to construct the Saudi Museum of Contemporary Art.
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Cairo to host IATA Ground Handling Conference in 2026 focused on AI-driven aviation operations
The International Air Transport Association (IATA) will hold the 38th edition of its Ground Handling Conference (IGHC) in Cairo, Egypt, from May 19–21