News
-
Egypt planning for major wheat import savings
The proposals could save the government millions of dollars but face opposition from bakers and millers who could lose out financially.
-
Vodafone Egypt, ELSEWEDY ELECTRIC sign deal to manufacture telecommunications equipment
Vodafone Egypt has announced a strategic partnership with ELSEWEDY ELECTRIC to manufacture advanced telecommunications equipment.
-
Egypt's container terminal expansion amidst Red Sea crisis
In 2023, the Egyptian container ports handled approximately 8.37 million TEUs, with the lion's share of 88% being processed through key ports.
-
Why Egypt is the next destination for denim insiders
The denim industry has a new must-go destination where everyone can find solutions for denim fabric and garment manufacturing.
-
Sahara Expo showcases climate-smart agriculture solutions
With Egypt creating an economic reform to attract foreign investment and support market access, the Dutch presence proved timely.
-
Three ways for Egypt to fulfil its marine aquaculture potential
Egypt has huge potential to increase its production of marine species, in sea cages, coastal ponds and well-based inland farms.
-
Cemex Egypt launches decarbonisation equipment at Assiut cement plant
Cemex Egypt has inaugurated new decarbonisation equipment at the Assiut cement plant, aligning with its ‘Future in Action’ sustainability strategy.
-
Egypt's Private Sector Faces Contraction As Costs Rise Again
Egypt's Purchasing Managers' Index (PMI) sank to 48.8 in September, slipping under the neutral 50 mark and underscoring new hurdles for the sector.
-
IMF to commence 4th review of Egypt’s EFF loan programme in November
Egypt met all the commitments required for the third review of its $8 billion loan programme with the IMF in July.
-
bp Outlines Plans to Accelerate E&P Operations in Egypt
He also highlighted the new incentive package recently introduced by the petroleum sector, aimed at increasing oil and natural gas production.
-
Top investors to look out for at Techne Summit Alexandria 2024
From October 5th to the 8th, leading regional tech investors will be on the hunt in Alexandria for this year’s rising startups.
-
4,000-year-old chamber unearthed in Assiut
A joint Egyptian-German archaeological mission from Sohag and Berlin Universities has unearthed the burial chamber dating back up to 4,000 years.
-
Google to transition payments in Egypt to EGP starting May 2025
In a significant shift for digital content creators in Egypt, Google announced that starting 1 May 2025 it will transition payments for service.
-
Egypt to reduce inflation rates to 10% by end of 2025
Recent developments have led to the canal losing over 60 percent of its revenues, translating into a loss of around $600mln monthly.
-
El Dabaa / Rosatom Begins Installation Of Unit 2 Inner Containment
The inner containment is a critical safety component, designed to prevent radioactive leakage into the environment in the event of an emergency.
-
Egypt to invest €40 mln in Robeiki City expansion
LEONI Egypt aims to boost its exports from Egypt by 50 percent, increasing the value of exports to €240 million annually by 2025 and 2026.
-
Indian Investments to Surge to $5B in Egypt by 2025
With these new ventures, Indian investments in Egypt are projected to reach around $5 billion by next year, an increase from the current $3.5 billion.
-
Big investment between Egypt, France in maritime transport
The Minister explained that there is a huge opportunity for partnerships between the two countries in sectors of investment and trade.
-
Egypt considers localising electrolyser manufacturing
Other companies represented at the meeting include Norway's Scatec which has renewable energy and hydrogen projects in Egypt.
-
Egypt's GASC strikes deal on direct monthly wheat supplies
Egypt is one of the world's biggest wheat importers and uses the purchases to make heavily subsidised bread.