News
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Cairo Solar aims to build two renewable energy plants in Dabaa
The two facilities are expected to have a capacity of 1.000 kilowatts each.
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Teaser released for the opening of Grand Egyptian Museum on July 3
All preparatory work is underway, both inside the GEM and in the surrounding area.
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Egyptian foreign trade surges in H1 of FY2024/2025 as imports climb
Trade activity with Egypt’s top 14 partners made up 67.9 percent of the total foreign trade, amounting to $44.109 billion.
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Egypt Achieves 3.1 Percent Primary Surplus Highest Since 2005
Kouchouk emphasized that Egypt’s economy is showing clear signs of improvement, with the private sector playing a leading role in the recovery.
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Egypt seeking FDI boost with tourism sector investment opportunities
This aligns with Egypt’s goal of attracting 30 million tourists annually by 2028, aiming for a 25 percent to 30 percent year-over-year increase.
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Egypt’s appetite to buy LNG impacts global market
It is already seeking a high number of cargoes this year, as well as planning further imports between now and 2028.
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Sisi Allocates 174M sqm of State Land to Support Debt Reduction and Sovereign Sukuk Plans
According to data reviewed by Al Arabiya Business, Egypt's external debt declined by $111 million in Q4 2024, settling at $155.09 billion by year-end.
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Ministry of Health Activates Summer Healthcare Plan Across North Coast
Mobile clinics, inspections and upgraded hospitals mobilised to meet seasonal tourism surge.
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Egypt launches first comprehensive study on investment in Africa
Egypt’s investments in Africa currently exceed $14 billion, according to previous remarks by Foreign Minister Badr Abdelatty.
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World's biggest beet sugar factory in Egypt to be powered by Hitachi
By 2050, Egypt's population is forecast to grow massively from 100 million (2019) to *160 million people.
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Banking sector sees local liquidity climbing in April
The money supply declined slightly, reaching LE 3.170 trillion in April, compared to LE 3.209 trillion in the previous month.
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Egyptian Airports March 2025 Skyrocket
Compared to the same time last year, passenger numbers skyrocketed by nearly 52%, reaching over half a million travelers—500,932 to be exact.
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WHO warns of new ‘Nimbus’ Coronavirus strain
In an official statement, the WHO confirmed that the “Nimbus” variant is currently under monitoring, and does not pose an additional health risk.
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African startups hit $1 billion in funding for 2025 as Egypt leads in May
Between June 2024 and June 2025, African startups have collectively raised $2.5 billion.
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Islamic New Hijri Year falls on June 27
Searches for holiday dates topped Google searches, with Egyptians eager to learn the remaining official holiday schedule for the coming months.
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Egypt inaugurates Qaitbay Citadel Visitor Center
The center was set up within one of the halls of the main tower of the Qaitbay Citadel, in cooperation with the French Center for Alexandrian Studies.
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EBRD supports Egypt with first private-to-private electricity contracts
This deal introduces competition into the electricity sector, expands consumer choice and promotes private investments in renewable energy.
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Maritime traffic through Red Sea increases by 60%
This marks a notable improvement from the 20 to 23 ships seen each day during the low point in August of the previous year.
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Egypt targets 30 million tourists by 2031 under new investment plan
Egypt targets 30 million tourists by 2031 under a new investment plan for its tourism and antiquities sectors.
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Silver bullion booms in Egypt amid global hype
Once seen as little more than an ornamental accessory, silver is rapidly emerging as Egypt’s latest investment craze.