News
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Mohamed Fekry appointed Vice Chairman of Beta Real Estate Development
Beta Real Estate names Mohamed Fekry Vice Chairman, signaling a new era of innovation.
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Egypt Grants Golden Licenses to 3 Strategic Projects Across Various Sectors
Egypt issues golden licenses to 3 strategic projects to fast-track investment and exports.
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Egyptian, Belarusian officials discuss drug registration, market access
Egypt and Belarus explore pharma cooperation to ease drug registration and boost exports.
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Egypt approves €7M EU grant under green facility program
Egypt secures a €7M EU grant to support its green transition and renewable energy goals.
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You can now book Khufu's Bistro "At Night" this summer
Khufu’s Bistro launches after-dark dining with two dinner slots by the pyramids. Limited seats, big views, and a rare Giza night you’ll want to book.
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Egypt welcomes 8.7 million visitors in first half of 2025
The sharp rise in visitor numbers aligns with the government’s target of achieving an overall 14 percent growth in tourist arrivals by the end of 2025
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Egypt’s mineral revenues rise 131% to $446m on strong gold output
The gains were attributed to higher production volumes and stronger export performance, according to his statement on Facebook.
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Nile Plastic Recycling Company expands with $15 mln investment
The expansion is expected to create 500 new direct job opportunities and produce 20,000 tons of processed plastic waste annually.
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One of the world’s largest car carriers transits Suez Canal
The car carrier is 219 meters long, 37 meters wide, and has a draft of 10 meters. It has a capacity of 9,442 cars and was carrying 7,000 on board.
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Egypt Inks Deal with Chinese Shipyard to Build Two New Bulk Cargo Ships
The vessels are expected to be delivered in September and November 2028.
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Egypt weeks away from upping its security of gas supply with another FSRU
This comes months after the FSRU Energos Power came to Egypt, as part of a set of four units EGAS booked to bolster energy security.
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Marriott to open new hotel in North Coast of Egypt
Plans for the hotel include 180 guestrooms along with a variety of dining and leisure facilities.
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Egypt looks to Asia in hopes of boosting Suez Canal car carrier traffic
Suez Canal officials say they expect traffic from the shiptype to jump by a fifth in the second half.
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Egypt Grants Golden Licenses to 3 Strategic Projects Across Various Sectors
The facility is expected to produce approximately 3,800 tons of linen yarn annually, supporting Egypt’s broader export strategy in the textile sector.
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Egypt welcomes Trump’s call for ‘just agreement’ to dispute over Nile dam project
‘Egypt also appreciates President Trump’s keenness on reaching a just agreement that safeguards the interests of all parties .
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CBE reinstates daily cash withdrawal limit, effective Tuesday
Banks have also been instructed to ensure the smooth implementation of the decision and adherence to the set regulations.
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Egypt allocates EGP 5 Billion in new budget to boost small business sector
Egypt allocates EGP 5B in new budget for MSMEs, aiming to boost private sector, formalize businesses, and support young entrepreneurs.
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Egypt’s property developers surges to 1,910 in 2025
Egypt's property developers surge to 1,910 in 2025, driven by government support and vast untapped land, signalling robust sector growth.
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Egypt-Greece trade ties are excellent and growing stronger
Egypt-Greece trade booms towards €2B, with energy, renewables, and the GREGY Interconnector driving strong bilateral economic ties and investment.
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Egypt establishes Real Estate Market Regulation Unit to oversee sector transparency
New Real Estate Market Regulation Unit launched to boost transparency, protect buyers, and formalize developer/broker relationships in Egypt.