News
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Egypt Cautiously Optimistic Suez Canal Traffic Will Revive, Minister Says
A return to normality for the Suez Canal would be welcome news for Egypt as it looks to emerge from its worst economic crisis in decades.
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Spotted hyena found in Egypt for the first time in 5,000 years
A spotted hyena (Crocuta crocuta) has been found in South Eastern Egypt, the first recorded instance of the creature in this region for 1000s of years
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Egyptian dinosaur identified from images of fossil destroyed in World War II
A new species of large carnivorous dinosaur found in what is now Egypt has been identified from fossils which no longer exist.
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Egypt targets 16GW renewable energy in 2029
Most of the increase in the next few years will come from solar power projects, which will add around 5,800 MW, the source said.
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Egypt increases Cairo Airport capacity to 40 million passengers annually
Key priorities include adopting international standards to attract more air traffic, upgrading radar systems, and enhancing airport services.
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FRA forms advisory group to strengthen Egypt's voluntary carbon market
The formation of this advisory group follows the FRA’s successful launch of Egypt and Africa’s first voluntary carbon market in August 2024.
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Saturday to be paid holiday in Egypt for January 25 Revolution
According to the decision, the progress of school exams (if any) will be exempted according to the dates specified by the relevant authorities.
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TIGARA project holds 1st meeting to promote sustainable industrial growth in Egypt
As part of its 2024-2027 government programme, Egypt seeks to localize its industry and strengthen its industrial capabilities.
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Egyptian Tax Authority head highlights continued commitment to digitalization of tax systems
ETA is making significant efforts to enhance its digital services and streamline the tax return process, particularly during the tax filing season.
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SIDEUP expands to Oman following success in Egypt and Saudi Arabia
The company plans to open its regional branch in Muscat in early 2025, offering smart services to businesses and enhancing e-commerce and shipping.
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Egypt, Switzerland forge stronger economic ties with Joint Economic Committee
The Joint Economic Committee is designed to bolster trade, attract investments, and identify new market opportunities.
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Egypt announces astounding new archaeological discoveries
On Wednesday, January 8, Egypt announced to the world one of the most significant archaeological discoveries in Luxor.
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IDG targets EGP 3bn investments in industrial zones by 2025
The company plans to accelerate land development and infrastructure improvements in key areas such as 6th of October City, Alamein, and East Port Said
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Egypt considers raising minimum wage for private sector to $139
This adjustment would bring the minimum wage to between EGP 7,000 and EGP 7,200.
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TikTok Trends and Their Effect on Consumer Spending in Egypt
From viral desserts to the revival of nostalgic products, Egypt’s market is experiencing a transformation powered by TikTok moments.
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Cairo Metro now offering 50% off discount on all Green Line trips
This partnership aims to enhance the connectivity between transportation modes and provide a smooth transportation experience for passengers.
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Suez Canal to fully operate as major shipping lines resume transits
The Suez Canal is fully prepared to operate at maximum capacity, as global trade gradually return to normal.
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Al Futtaim Opens Two New Carrefour Stores in Aswan and the NAC
Over the next six months, proceeds from the Aswan store’s ‘Round Up Your Bill’ initiative will be donated to support the Magdi Yacoub Heart Foundation
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New price increase to non-subsidized bread in Egypt
Sabry explained that the cost of a ton of popular flour has increased by about LE400, with an increase rate estimated at about 10 percent.
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JA Solar and CEEC secure 1.25GW module deal for PV storage in Egypt
JA Solar will be the exclusive supplier of high-efficiency n-type photovoltaic modules for the project.