News
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Jeune Afrique names Egypt in top 3 of best-performing nations in Africa
Egypt ranks second in Jeune Afrique's 2025 African Performance Index, highlighting its governance, innovation, and influence strides.
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Banks inject EGP 82.1bn into low-income mortgage initiative until April 2025
22 banks and 8 mortgage firms disbursed EGP 84.6 billion to over 630,000 low-income beneficiaries under Egypt's mortgage initiative by April 2025.
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Egypt’s pharmaceutical sector gearing up to inject $80M to bolster local production
Egypt's pharmaceutical industry plans an $80M investment to add 20 production lines, aiming to reduce imports and boost exports by 2030.
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Majid Al Futtaim, Ennismore announce plans for Egypt’s first 25hours Hotel
Majid Al Futtaim and Ennismore to open Egypt's first 25hours Hotel in Cairo's Junction development, blending hospitality with cultural experiences.
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UK-Egypt partnership spurs private sector push for nutrition under Vision 2030
UK-Egypt collaboration engages the private sector to enhance nutrition initiatives aligned with Egypt's Vision 2030 goals.
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Accor expands Egypt portfolio with new Mövenpick signing in West Cairo
Accor to open a 220-room Mövenpick hotel in West Cairo by 2028, enhancing Egypt's hospitality sector and aligning with Vision 2030.
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Egypt strengthens regional cybersecurity leadership at CAISEC’25 Conference
Egypt showcased its cybersecurity advancements at CAISEC'25, reinforcing its regional leadership in digital security and infrastructure.
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FM reviews Egyptian efforts to promote investment atmosphere
Egypt's Foreign Minister highlights economic reforms and investment incentives to Moroccan business leaders, aiming to enhance bilateral trade ties.
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Egypt’s rising profile in medical tourism: a strategic initiative
The General Authority for Healthcare recently unveiled impressive achievements in its medical tourism project branded “We Care for You in Egypt."
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Egypt to launch QR-based visa-on-arrival pilot at Cairo airport
The scheme is designed to streamline payment and processing procedures, thereby alleviating congestion in the arrival area.
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Saudi Arabia and Egypt Finalize High-Speed Rail Link Plan
The link will span the Strait of Tiran through either a bridge or tunnel. Officials confirmed that technical planning is complete.
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Egypt Captures Attention at ITB China 2025 with Strong Tourism Growth
Youssef shared that Chinese arrivals to Egypt grew by 60,7% in 2024, with momentum continuing into 2025.
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Egyptian smartphone market leads as Africa’s top growing market in Q1 2025
According to a report by Canalys, Egypt led North Africa’s smartphone market in the first quarter of 2025.
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Fawry partners with CTM360 to boost cybersecurity
Fawry (FWRY.CA), Egypt’s leading e-payments platform, has partnered with Bahrain-based CTM360, a global leader in digital risk protection.
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Egypt's signs deal to export drugs to N.America, Europe
Egypt’s state-owned Holding Company for Pharmaceuticals (HoldiPharma) has signed a partnership with US-based Dawah Pharma.
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Egypt expands irrigation education and hyacinth recycling to boost green economy
A high-level meeting outlined the roadmap for establishing a new generation of technical schools focused on irrigation and water resource management.
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IMF concludes 5th review mission visit for Egypt’s EFF loan programme
Private investment rose significantly, from 38.5 percent of total investment in H1 FY2023/2024 to nearly 60 percent in FY2024/2025.
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Egypt to double Alexandria edible oil storage capacity to 150,000 tons
The project involves upgrading and expanding existing storage facilities in the Alexandria port complex, one of Egypt’s primary logistical hubs.
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IMF says Egypt making ‘substantial progress’ but needs more tax reforms
The IMF approved its fourth review of the programme in March, unlocking a disbursement of $1.2 billion.
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Egypt Greenlights Private Sector Renewable Projects in $388M Move Toward Energy Market Reform
The electricity will be transmitted through the national grid by the Egyptian Electricity Transmission Company, which will receive a transmission fee.