News
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Egyptian pound climbs over EGP 51 against US dollar for 1st time since March
The US dollar reached its highest level on Monday against the Egyptian pound since March of this year, reaching EGP 51.14, according to the CBE.
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Emirates NBD Egypt Grants EGP 2.5 billion in Credit Facilities to Arabian Construction Company (ACC)
This strategic partnership aims to bolster ACC’s ongoing and future projects in Egypt and the GCC region, reinforcing the shared commitment of both.
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Egypt's ready-made garment exports surge by 17%
This growth has been fueled by a surge in foreign investments from countries like China, Vietnam, Turkey, and India.
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CBE launches new service allowing instant global money transfers to Egypt
The Central Bank of Egypt (CBE) launched a new service on Monday that allows instant money transfers from anywhere in the world to Egypt.
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Egypt invests in terminal at Cairo Airport
The Arab country is moving forward with the development project for Terminal 4 at Cairo International Airport, applying advanced technologies.
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Paymob enables Apple Pay acceptance for its merchants in Egypt
The milestone marks a significant transformation in the country’s digital payments landscape following the recent launch of Apple Pay in Egypt.
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All you need to know about "Your Home in Egypt” Initiative
This initiative is exclusively designed for Egyptians residing abroad, allowing them to purchase residential units in Egypt.
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Egypt seeks to reclaim 4 million feddans to enhance food security
The aim is attaining self-sufficiency and strengthening its position as a major supporter of food security in the region
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Google to launch Google Wallet app in 16 countries including Egypt in 2025
Google announced Saturday that it will launch its Google Wallet app in 16 countries, including Egypt, in 2025.
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Egypt to Streamline Customs Clearance with Bahrain, UAE Agreements
El-Kilany revealed that similar agreements with other nations are also in progress, beginning with Bahrain and then the UAE.
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Egypt among biggest 10 African countries having biggest fleets of commercial planes
Egypt came among the biggest 10 African countries that have the biggest fleet for commercial planes.
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Enhancing financial stability, resilience of Arab banking sectors is crucial
Governor of the Central Bank of Egypt Hassan Abdallah emphasized the importance of enhancing the financial stability and resilience of the Arab banks.
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Egypt prioritizes power grid modernization, renewable energy expansion
Ongoing efforts to upgrade the grid are essential for absorbing additional capacities from renewable energy sources.
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Egypt eyes establishing 450-factory complex in south Port Said industrial zone
Egypt is eyeing establishing a new 73.3-acre industrial complex with 450 factories in the extension of the industrial zone south of Port Said's Raswa.
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Sun illuminates Qasr Qaroun Temple in Fayoum
The light then deviates to right to illuminate the right chapel which is supposed to have the statue of sobek god (the crocodile).
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Consumer Protection Agency unveils “Regulated E-Commerce” initiative
El-Segini pointed out that e-commerce in Egypt has witnessed significant growth in recent years.
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European Commission approved to disburse €1 billion for Egypt
The EU’s decision follows Egypt’s fulfillment of policy commitments under the ongoing MFA and its efforts to unify its exchange rate.
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Denimsandjeans Egypt will host Hugo Boss, Guess and Turkish players on stage
The first edition of Denimsandjeans Egypt is nearing, as it will take place on 2 and 3 February 2025 at IHG Citystars, Cairo.
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Successful trials for blueberry growing in Egypt
According to the grower, several companies are turning their attention to blueberries, and production tests are multiplying in the country.
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Premium HealthCare’s EGM approves over $33mln acquisition deals
The EGX-listed firm will fully acquire five companies for a total value of EGP 1.46 billion.