News
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Egypt’s EV ambitions: Opportunities, challenges on the road ahead
As the world pivots toward greener transportation, Egypt has been eyeing becoming a key player in the global electric vehicle (EV) market.
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El-Sisi Highlights Economic Challenges and Achievements at Global Conference
El-Sisi noted that the Egyptian government adopted a strategic approach based on balanced, integrated, and interconnected solutions.
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Gold breaks above $2,700 to record high
Gold prices hit a record high above $2,700 on Friday as traders piled into the safe-haven commodity at a time of heightened geopolitical uncertainty.
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Egypt Reaps USD 4.04 Billion from Agricultural Exports in 10 Months
Egypt’s agricultural exports exceeded 6.9 million tons between 1 January and 16 October of 2024, according to the Minister of Agriculture.
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Egypt is certified malaria-free by WHO
Egypt is the third country to be awarded a malaria-free certification in the WHO Eastern Mediterranean Region following UAE and Morocco.
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Egypt looking to issues new green bonds and Sukuk by end of fiscal year
This is part of a broader strategy to diversify financing sources and attract both investors and savers to the local debt market.
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Egypt raises fuel prices for 3rd time in 2024
Ministry of Petroleum and Mineral Resources announced Friday the third fuel price increase in 2024, affecting various octanes and diesel.
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The American University in Cairo launches cybersecurity specialization
Alongside launching a new cybersecurity specialization the AUC has embedded systems and artificial intelligence specializations.
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Egypt Advances 3 Spots in Global Fixed Internet Speed
Egypt remains the first in Africa and 70th in the world in the fixed Internet speed, with a speed of 76.38 megabits.
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Egypt’s EDA fills 95% of medicine shortage so far
The announcement was made during a meeting chaired by the Prime Minister Mostafa Madbouly to follow up on the availability of medicines.
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S&P Global affirms Egypt ratings At ‘B-/B’
The positive outlook reflects the significant steps the Egyptian authorities have taken over the last eight months to address imbalances.
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Egypt’s Suez Canal Authority unveils new yacht discounts
Egypt’s Suez Canal Authority (SCA) will introduce significant reductions in transit and mooring fees for yachts, with discounts ranging from 20 to 50%
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Al Mashat reveals FY2023/2024 economic indicators
This marks a decline from the previous year's growth rate of 3.8 percent, largely due to ongoing external shocks, and geopolitical tensions.
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"Egyptian-Belgian" Talks to Develop Investment, Boost Trade Exchange
The minister stressed the importance of joint work to increase the volume of trade between the two countries, which last year amounted to EUR 2.1bln
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Egypt's Domty receives $181mln acquisition offer
Arla seeks to voluntary delist Domty from the Egyptian Stock Exchange following the transaction.
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Omar Khairat to host concert at Cairo Opera House on Sunday
Veteran composer Omar Khairat is preparing for a huge public concert on Sunday, October 20, on the stage of the Fountain Theater.
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Grand Egyptian Museum announces trial operations of main galleries
The Grand Egyptian Museum’s (GEM) Main Galleries take guests on an extraordinary journey through millennia of history.
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El Gouna Film Festival screenings at Zawya
The seventh edition of the El Gouna Film Festival presents 14 selected films for screening at the Zawya cinema from October 27 to November 2.
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Egypt opens more galleries in long-awaited antiquities museum
Grand Egyptian Museum next to the pyramids of Giza was initially scheduled to open in 2012 but the launch was repeatedly pushed back due to cost.
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Iraq’s rehabilitation depends heavily on Egyptian firms
Egyptian companies can participate further in the available opportunities to develop the Iraqi infrastructure, according to Khalaf.