News
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Shell Egypt Invests USD 300M to Boost Gas Production in Egypt
Shell Egypt invests $300M to enhance gas production, collaborating with Petronas to drill new wells and expand offshore exploration.
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Scatec signs PPA for 1.1GW solar project in Egypt
Scatec signs a 25-year PPA with Egypt Aluminium for a 1.1 GW solar project, aiming to decarbonize aluminum production and comply with EU regulations.
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BP to help Egypt close gas supply gap with 160 million cubic feet daily
BP to help Egypt close the gas supply gap by producing 160 million cubic feet daily from new wells, reducing reliance on LNG imports.
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Batavia Biosciences Partners with VBC and MEVAC to Advance Localized Vaccine Manufacturing in Egypt
Batavia Biosciences partners with VBC and MEVAC to boost local vaccine production in Egypt, aiming to combat preventable diseases.
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Egypt to establish seven logistics corridors by 2030
Egypt plans to establish seven logistics corridors by 2030, aiming to enhance trade efficiency by connecting key production areas to major ports.
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Egypt to lease German gas regasification unit to bolster supply
Egypt plans to lease a German floating regasification unit to boost gas supply, addressing domestic production declines and meeting rising demands.
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Will CBE extend InstaPay’s fee waiver as deadline nears?
As the deadline nears, the financial sector watches if the CBE will extend the InstaPay fee waiver, crucial for digital transformation.
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Egypt's EFIC records $34mln consolidated net profit in 2024, announces dividends
Egypt's EFIC reports a $34M consolidated net profit for 2024 and announces dividends, reflecting strong financial performance and shareholder returns.
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FRA reports EGP 299bn in financing by entities under its supervision in Q4 2024
FRA reports EGP 299bn in Q4 2024 financing, highlighting robust capital market activities and non-banking financial services growth.
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IDSC gets new Board of Directors to improve effectiveness of government decision-making
Egypt's IDSC appoints a new Board of Directors to enhance government decision-making, using AI and data analytics for more effective public policies.
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Egypt's Industry Ministry launches mobile app to support investors
The new application aims to handle complaints and inquiries from investors in an easy-to-use manner.
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The ultimate guide to Ramadan tents & experiences for 2025
These 9 Ramadan hotspots are your ticket to great food, peak vibes, and at least one dramatic tanoura performance.
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Where and when to see the 2025 Lunar eclipse
The National Research Institute of Astronomy and Geophysics revealed the details of the first lunar eclipse in 2025.
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Egypt’s Chemical Industry Plans for Expansion
The sector encompasses a diverse range of subfields, including plastics, rubber, paper, detergents, paints, chemicals, fertilizers, and glass.
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These trends are shaping the future of B2B Commerce
The future of B2B commerce is full of opportunities. Find out what trends await you in the coming years.
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Egypt to lease German floating regasification units soon
Both sides agreed to organize a visit for an Egyptian delegation of specialists to Germany by the end of the month to finalize contractual terms.
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MSMEDA issues 130,000 licences for small enterprises over past decade
As part of these efforts, MSMEDA has deployed 37 business regularization committees this month through its offices in various governorates.
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Beko announces official launch of Hitachi brand in Egyptian market
Consumers in Egypt can look forward to a seamless blend of advanced technology, elegant design, and unmatched reliability
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KarmSolar, Daltex partner to triple energy capacity of Farafra Solar Grid
The grid’s scalability has made it a vital solution for Daltex, which oversees 40% of Farafra’s agricultural landscape.
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Egypt, UK trade reaches £4.7 Billion as Egypt strengthens economic growth
BII’s investment portfolio in Egypt amounts to approximately £547 million, spread across 64 companies.