News
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EU apple campaign boosts demand and trade ties in Egypt
The 'Time for Apples from Europe' campaign has had a huge impact on the perception of European apples in Egypt.
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InstaPay to apply charges starting 1 April
IPN offers a convenient and efficient alternative to cash payments, providing 24/7 instant transfer services to all bank customers.
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Orascom Construction + Spanish partner to build USD 2.6 bn Saudi power plant
The 3 GW combined-cycle gas-fired power plant will be equipped with carbon capture technology and a 380 kV electrical substation.
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Sterlite Power Proposes $5-6 B Project to Establish Green Hydrogen Electricity Grid in Egypt
The project will enhance the power transmission infrastructure and support Egypt’s plan to transition towards clean energy.
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Health Minister: Gov’t discusses steps to facilitate foreign investment
Discussions included creating a unified electronic system for brand registration and establishing free zones to facilitate foreign investment.
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Egypt to suspend imports of phones with unpaid fees starting April 7
The NTRA urged users to promptly pay their mobile phone fees within the specified deadline.
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Discussions on construction timeline for Alstom’s industrial complex in Borg El Arab
Al-Wazir emphasized Egypt’s commitment to enhancing its partnership with France, underscoring the importance of collaboration in both sectors.
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Egyptian Ezz Steel to challenge EU anti-dumping duties on hot-rolled steel
Steel producers in various countries subject to provisional duties have until April 4 to file their objections.
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Egypt’s NTRA Sets Deadline for Imported Mobile Phone Customs Fees
NTRA emphasized that users must pay a customs duty of 37.5 percent on their imported phones by 7 April, 2025.
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Citrus fruits top list of exported fruits in Egypt, recording 65K tons last week
The number of exported fruit varieties reached 34 types, representing approximately 86,000 tons, according to the Agricultural Quarantine Authority.
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Chinese-made, Egypt-assembled: Shoe imports to Türkiye soar 12-fold
The surge has raised concerns among industry leaders, who warn that manufacturers are exploiting free trade agreements (FTAs).
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MCS, IDSC launch 1st cybersecurity journalism training programme
This initiative, designed to support the media's role in raising cybersecurity awareness, is being conducted in collaboration with 30N Group.
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Egypt’s Agriculture Minister Pushes For Local Vaccine Production
Minister stresses technology localization to reduce imports and enhance exports in veterinary vaccines.
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Egypt approves establishing metro parts free zone in Borg Al Arab
It will consist of two factories on a 40-feddan site, with one focused on producing spare parts for Metro Line 6 and the other on cable manufacturing.
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Geopolitics, infrastructure and port congestion impeding Egypt’s project cargo sector
Last year presented a complex landscape for global logistics, marked by supply chain disruptions, inflationary pressures, and fluctuating fuel prices.
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German Development Bank allocates extra funds for Egypt's clean energy projects
The German Development Bank ("KfW Bank") plans to provide financial assistance of 52 million euros to the Egyptian Ministry of Electric Power.
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Egypt to Launch 5G by 2025
The introduction of 5G is expected to strengthen Egypt’s ICT sector, boost competitiveness, and attract increased investment in the digital economy.
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Egypt CBE sells T-bills worth EGP 141.2 bln
The Central Bank of Egypt has announced a significant treasury bills (T-bills) sale, totalling approximately EGP 141.2 billion (almost $3 billion).
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SCZone introduces new digital services designed specifically for investors
SCZone launches new digital services to streamline investment processes, enhance efficiency, and attract more foreign direct investment.
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GAFI, Mashreq Bank ink deal to attract foreign, local investments
GAFI and Mashreq Bank ink a deal to boost cooperation, attract foreign and local investments, and enhance Egypt's business climate.