News
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Akam Al Rajhi partners with U Hotels to launch second D.O.S.E Hotel in North Coast
Akam Al Rajhi and U Hotels expand Egypt’s luxury tourism with a second D.O.S.E. hotel, boosting the North Coast’s hospitality appeal.
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Egypt’s financial outlook shifts to stable at S&P, ’B-/B’ ratings confirmed
SP‑BB upgrades Egypt’s outlook to stable amid fiscal reforms, boosting investor confidence and highlighting market stability.
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Petroleum Ministry: No further price adjustments will be made for at least 6 months
Egypt’s Petroleum Ministry confirms no further fuel price adjustments, aiming to stabilize the market amid economic shifts and ease consumer pressure.
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Egypt announces 3 new oil, gas discoveries in Western Desert
Egypt unveils three significant oil & gas finds in the Western Desert, boosting energy prospects and enhancing resource reserves
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Egypt Leads the Charge in Airport Modernization with Cairo Airport’s Stunning Transformation Featuring New Terminal 4
Cairo Airport unveils Terminal 4 featuring advanced tech and record-breaking passenger growth—transforming Egypt’s air travel landscape.
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Egypt Embraces Instant Mobile Money Transfers with e & Egypt’s New Service
e‑Egypt launches its instant mobile money transfer service, advancing fintech innovation and enhancing digital payment efficiency across the nation.
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Egypt Raises Fuel Prices Again in Latest Subsidy Cut
Amid subsidy cuts, Egypt hikes fuel prices, aiming to reduce fiscal burdens and recalibrate market dynamics in a challenging economic climate.
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Egypt's Mining Sector Seeks Growth Through Barik Gold Partnership
A new partnership with Barrick Gold is set to boost Egypt’s mining output, driving investment and expanding the nation’s precious metal sector.
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Egypt Sets New Standards For International Aviation Events With The Successful Rally Siwa Sands 2025
Rally Siwa Sands 2025 blends aviation innovation and motorsport thrills, setting fresh benchmarks for global air travel events and networking.
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Egyptian banks offer fee-waived, no-minimum accounts through April for financial inclusion drive
Egyptian banks launch a fee-waived, no-minimum-balance account drive in April, enhancing financial inclusion.
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Private sector’s role in Egypt’s economic growth took center stage at the Narrative Summit 2025
At Narrative Summit '25, Egypt’s private sector highlighted its pivotal role in driving economic growth and fostering innovation.
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Giza Pyramids launches trial run of new visitor services project
The Ministry of Tourism and Antiquities is overseeing the rollout of services such as a new entrance and electric shuttles.
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Why Egypt is the perfect location for season 4 of The White Lotus
Whether told through Western or Arab lenses, Egypt’s layered history and charged settings have proven irresistible for tales of secrets.
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US Tariffs on Egypt’s Exports May Be Lifted
Egypt eyes attracting Chinese, Turkish, and Vietnamese manufacturing to boost exports amid tariff changes.
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Egypt signs contract with France’s Alstom to build railway industrial complex
The deal includes the development of two factories: one focused on electrical systems and railway components.
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Fees for money transfers through Applications of 3 Banks
This step comes after InstaPay imposed a transfer fee of 0.1 percent of the transaction amount, with a minimum of 50 piasters and a maximum of LE20.
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Vodafone tops nPerf 2025 list for best fixed internet performance in Egypt
Vodafone Egypt, the country's largest mobile operator, was ranked first for best fixed internet performance in Egypt in 2025 by nPerf.
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The EGX and pound falls again amid additional US tariffs
The drop in the pound was mirrored by a steep decline in the Egyptian Exchange (EGX), where the main indices fell by between 1.86% and 3.65%.
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Egypt secures €262 million from France, EU for water and energy infrastructure projects
The deals were signed during French President Emmanuel Macron’s state visit and the announcement of a new partnership between Egypt and France.
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Egypt's TSFE, NSPO enlist consulting firms to restructure 5 army-affiliated companies ahead of IPO
According to the agreements, the offering of some of these companies is expected to be completed by 2025.