News
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Egypt launches Integrated National Financing Strategy
Al-Mashat emphasized that this strategy represents a collaborative effort between the Egyptian government and the UN.
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Egypt to host GAMERGY, one of the biggest esports events worldwide
GAMERGY is a pioneering esports event tailored for video game fans of all ages and backgrounds.
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Mastercard collaborated with Entreprenelle to empower female entrepreneurs in Egypt
The workshops focused on critical areas such as E-commerce and acceptance solutions, boosting SME resilience with digital solutions.
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Henkel Egypt Announces Strategic Partnership with “INJAZ Egypt”
Henkel Egypt will support middle school students by providing educational programs entitled “Discover Yourself” and “Me & My Community".
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Egypt to sell United Bank stake in IPO by Q1 2025
United Bank’s total assets increased from 72 billion Egyptian pounds in 2021, to 106 billion pounds in June.
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Egypt strikes new deal with Israel to increase gas imports by 20 percent
Despite aiming to become an energy 'hub' in the wake of discovering its vast gas reserves, Egypt has become increasingly dependent on gas imports.
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Investments of SCEZ’s industrial zones hit $6 bln within 2 years
The SCZONE has succeeded in achieving remarkable trading rates, despite the various regional and global circumstances.
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Applications Open for 6,200 Jobs in Egypt’s Dabaa Nuclear Project
The Dabaa nuclear power plant project is on track, with expectations that 30 percent of the work will be completed by year’s end.
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Boosting industry in Egypt: What does the sector really need?
Fattouh sees that Egypt needs to support industries related to raw materials and production supplies.
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SCZone witnesses $30M groundbreaking ceremony for Chemtics Egypt Chemicals project
The Chemtics project unfolds in two phases, with the first phase scheduled for completion and the start of production by May 1, 2025.
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Mauritian delegation in talks with Egypt on establishing e-waste recycling project
Co-founder of Greentech Group Basil Botha said a Mauritian delegation is in discussions with Egypt to establish an electronic waste recycling project.
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Nestlé, EEA & engazaat to Create Platform for Green Startups in Egypt
The platform will promote environmental awareness, encouraging businesses to adopt clean technologies and green supply chains.
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NCTS, e& Egypt to improve telecommunications sector
NCTS is responsible for managing the commercial capacity of the Tiba 1 satellite and is the sole company authorized by the NTRA.
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Egypt to sell United Bank stake by end of March, c.bank says
Egypt's central bank aims to sell shares in state-owned United Bank in an initial public offering (IPO) on the stock exchange by the end of March.
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AE Media Production to acquire 60% share of the real estate market in East Cairo
AE Media Production announced its success in cooperating with success partners from major real estate development companies.
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Egypt to reportedly return to international bond market sometime this FY
Egypt’s last Eurobond issuance was back in 2021 when it joined “a rush of emerging-market governments taking advantage of low borrowing costs.
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Egypt expects budget deficit at nearly EGP 1.3 tln in FY2024/2025
Egypt's budget deficit is expected to reach EGP 1.245 trillion, equivalent to 7.3 percent of the country’s GDP, for the current FY2024/2025.
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Egypt test runs its new monorail
The new trains are part of a £2.3 billion contract for Alstom to construct and run a 61-mile-long monorail network in the Egyptian capital.
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Egypt to offer Ras Banas among 5 spots on Red Sea for major investment projects
This falls within the government’s efforts to attract foreign direct investment to create job opportunities and boost the economy.
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Egypt’s GoBus Expands into the Saudi Market
The introduction of new buses is part of GoBus’s strategy to improve mobility in Saudi Arabia.