News
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Forbes Tower in Egypt’s NAC aims to revolutionize green skyscrapers
The project is expected to have direct investments of approximately $1 billion and represents one of the world’s best architectural designs.
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Egypt spends LE9B on introducing waste management system
Models of integrated waste management have been set up in each of Cairo, Alexandria, Kafr El Sheikh, Damietta, Port Said, and Ismailiyah.
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Egyptian Startup OneOrder Raises $16 Million in Series A Financing
According to Woda CEO Steven Cui, they are the first local business to supply telecom towers to Safaricom Ethiopia.
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Egypt’s Tourism Industry Is Promising Growth with Visa-Free Access to 9 Countries
Egypt’s tourism is booming with visa-free access to 9 countries, including key GCC nations, enhancing travel and international relations.
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Egyptian ministers discuss rollout of new minimum wage hike
El-Said reiterated the government's backing for export industries and commitment to international labour standards.
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Egypt ready to deliver training to Chadian public employees
President Abdel Fatah El-Sisi received his Chadian counterpart Mahamat Deby at Al Itihadyah presidential palace to discuss bolstering biletarl ties.
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Abu Dhabi Tourism Investments announced readiness of the Mövenpick Sharm El Sheikh hotel
The Mövenpick Sharm El Sheikh hotel is ready after completing the first phase of renovation and development with investments of 2 billion pounds.
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Chips and solar panels made in Egypt?
Madbouly gov. will launch a tender to select an international consultant who will be develop a strategy to localize the chip and PV cells industry.
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Egypt swelters under heat wave amid discontent over rolling power cuts
Egypt's government has introduced rolling power cuts aimed at saving fuel to keep power stations running.
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Egypt to block unlicensed digital and satellite platforms
The decision aims to create a conducive environment for attracting more investments in the field of e-commerce.
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Egyptian trade with G7 countries shrunk by 17% last year
Egyptian exports to the G7 countries saw a significant decline of 9.7% compared to the previous year, totaling about $8.6 billion in 2023.
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Marriott to launch new Tribute Portfolio hotels in Egypt
The new hotels is set to open in 2027 and 2029 respectively in West Cairo and the North Coast.
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Egypt to Launch Electronic Platform for Medical Tourism
The platform, set to launch soon, is geared towards facilitating medical treatments and hospitalization for tourists.
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HSBC to back fintech in Egypt with $31 million fund
HSBC Egypt is planning to launch a fund worth EGP 1.5 billion ($31.5 million) to back the fintech sector in the North African country.
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Spanish Development Agency funds 20 programs in Egypt
Support fields include women empowerment, water resources, supporting private sector, as well as developing the skills of women in Upper Egypt.
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The U.S Commits to Egypt’s Creative Industries
The U.S. officials hosted a roundtable discussion with creative industry private sector representatives and Egyptian government officials.
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U.S. pledges $130 million to support Egypt’s development efforts
This partnership will contribute to stimulating Egypt’s private sector participation in diverse projects.
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Abu Dhabi Ports Group signs concession agreements to strengthen Egypt’s tourism sector
The agreement is to develop, operate and manage three cruise terminals at Safaga, Hurghada, and Sharm El Sheikh ports.
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ITFC anticipated to disburse $200mln tranche to EGPC
EGPC will use the tranche to fund the purchase of petroleum derivatives and petrochemicals.
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5 Visa-Free Destinations You Can Visit With Your Egyptian Passport
The Egyptian passport allows holders 17 visa-free destinations, and 32 others with visa acquisition upon arrival.