News
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Ministers of Industry, Investment discuss advancing Egypt’s iron, steel sector
Egypt's ministers discuss strategies to advance the iron and steel sector, focusing on modernization and increased production capacity.
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Egypt and Jordan Strengthen Ties in Space Technology Collaboration
Egypt and Jordan enhance cooperation in space technology, aiming to boost innovation and technological advancements in the region.
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Egypt hosts 2nd edition of Freelancers Forum to boost digital economy
Egypt's Freelancers Forum aims to enhance the digital economy by supporting freelancers and promoting digital entrepreneurship.
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Planning Minister partakes in WFP roundtable on debt swaps for development
Egypt's Planning Minister participates in a WFP roundtable discussing debt swaps for development, aiming to enhance economic growth and sustainability
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Gold prices in Egypt fall on Thursday
Gold prices in Egypt decline, reflecting market adjustments and economic factors influencing precious metal investments.
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Egypt banks announce Eid al-Fitr holiday dates
Egypt's banks will be closed from March 30 to April 1, 2025, for Eid al-Fitr, resuming operations on April 2, 2025.
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No discoveries were made beneath Pyramid of Khafre
Renowned Egyptian archaeologist Zahi Hawass rejected viral claims of pillars and structures beneath the Pyramid of Khafre.
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How Ramadan became the TV drama season in Egypt
With Ramadan being such a central part of Egyptian culture, it’s important to understand how the deeply embedded tradition of Ramadan TV series.
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In Egypt, AgriCan’s robots make farming smarter, one field at a time
Wheeled robots glide silently between rows of strawberry plants on Abdel Rahman Abdel Karim’s farm in Egypt’s Nile Delta.
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Egypt’s economy expands 4.3% in second quarter
The improved performance reflects the government’s fiscal and monetary adjustments alongside a reduction in public investment.
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Labor Minister announces extension to Eid al-Fitr holiday
Minister of Labor Mohamed Gobran announced on Tuesday that the Eid al-Fitr holiday has been extended.
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Egypt targets 19% increase in revenues in upcoming FY2025/26
Egypt eyes revenues amount to EGP 3.1 trillion, reflecting an annual growth rate of 19 percent, while expenditures are expected to reach EGP 4.6 tril.
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Egypt and France Advance Transport Projects in Cairo
Egypt and France Boost Collaboration on Cairo Metro and Alstom Projects. This is reported by the railway transport news portal Railway Supply.
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Egypt Approves FY2025/2026 Draft Budget
The proposed budget reflects the government's efforts to strike a balance between expanding social support and maintaining fiscal responsibility.
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Egypt’s deficit stretched by high imports and regional tension
Key factors for the massive deficit include a surge in imports and lower Suez Canal revenues due to regional tensions.
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166 ships reroute to Egypt's Suez Canal since February
The Suez Canal Authority (SCA) said Tuesday in a statement that 166 ships have switched back from the Cape of Good Hope route to the Suez Canal.
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PM attends signing of $1.65 bln metal industries complex deal
The project will be built in two phases over five years on 3.75 million square meters. It includes nine factories and two service centers.
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Strategic Partnership between Talaat Moustafa Group and Alameda in healthcare
Scheduled to open in 2027, the hospital, with a projected investment exceeding 5 billion Egyptian pounds, aims to deliver unparalleled service.
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Egypt on the way to another inevitable fuel price hike
Amid the mounting economic pressure resulting from the implications of global and regional geopolitical tensions and under a commitment to reforms.
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Egypt Partners with IFC to Introduce Public Private Partnerships at 11 Airports
As a pilot project, IFC will act as Lead PPP Transaction Advisor for Hurghada International Airport.