News
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EU companies to sign 40 billion euros' worth of deals with Egypt
Von der Leyen was speaking at the EU-Egypt Investment Conference in Cairo, where she also held talks with Egyptian President Abdel-Fattah el-Sissi.
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Egypt Suez Canal Revenue Rises 12.4% in October
Egypt's Suez Canal reported $551 million in revenue for the month of October, the canal authority's chairman, Osama Rabie, said on Tuesday.
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IHG Hotels & Resorts all set to launch Holiday Inn Express brand in Egypt
The longstanding partnership with Arkan Palm for Real Estate Investment sees IHG’s expansion in Egypt with the new 200-keys Holiday Inn Express West.
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Egypt fulfills $25 billion debt obligations, representing 7 percent of GD
The IIF statement was based on a virtual meeting attended by 100 speakers and participants to discuss Egypt’s economic situation.
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Natural gas shortage drives 54 percent surge in Egyptian fertilizer prices
Month-on-month prices reached up to $416.57 per ton in June, compared to $270.83 per ton previously.
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Novotel Sidi Abd El Rahman
Accor signs new Novotel property on Egypt’s North Coast
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Egypt’s FDI inflows drop 13.7 percent in 2023, North Africa sees 12 percent drop: Report
A major FDI push in Africa is the increase in mega greenfield projects with six projects each at a value of over $5 billion.
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Egypt, EU sign four financing deals at €300 mln on sidelines of investment conference in Cairo
The second agreement is titled: "EU support to youth employment and skills in Egypt program" at a total of €25 million.
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Egypt, EU Consortium to Invest €7 Billion in Green Hydrogen Initiative
The conference featured the signing of a crucial cooperation agreement focused on the production of green hydrogen and its derivatives.
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Egypt’s edtech revolution: Transforming the future of learning
Egypt, a nation steeped in ancient wisdom and cultural heritage, is undergoing a remarkable transformation.
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Over 200 cultural events planned across Egypt to mark June 30 anniversary
The events will take place in Cairo and across various governorates throughout the week leading up to and following June 30th.
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EgyptAir ranks among Skytrax’s top 100 airlines globally
EgyptAir is now ranked among the top 100 airlines in the world according to the Skytrax global classification for 2024.
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Farmers syndicate expects 25% hike in agriculture crops prices
Farmers Syndicate Head Hussein Abdel-Rahman has expected a 25 percent increase in the prices of summer agriculture crops, including fruits and vegs.
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Egypt’s PM Mostafa Madbouly targets $100 billion exports by 2030
The meeting emphasized on several ways to make Egyptian products more competitive and increase their market share.
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The first NBA school in Africa to launch in Egypt
The NBA Basketball School will be located at Uppingham School Cairo, in New Giza.
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Egypt cuts back on longtime bread subsidies
Egypt has increased the fixed price of subsidized bread from 0.05 Egyptian pounds ($0.0010) a loaf to 0.20 Egyptian pounds ($0.0042).
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Fertilizers giant MOPCO suspends operations over gas supply shortage
State-owned Misr Fertilizers Production Company (MOPCO) said on Tuesday it has suspended operations at its three plants.
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Excavations in Aswan uncover 33 ancient tombs
It adds new history to the Aga Khan region, especially as several of the tombs contain the remains of mummies and funerary tools.
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Greece-Egypt investment relations on positive course
Sofia Efraimoglou, the president of the Athens Chamber of Commerce and Industry said Greek businesses are highly interested in the Egyptian market.
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Global Perspectives—Printing Industries in Egypt
Each edition of the drupa daily featured a Global Perspectives article that looked at the state of the printing industry in a specific nation.