News
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Egypt’s free zones expand with 152 new projects in 2025, total reaches 1,243
According to government data, Egypt currently has 231 public and private free zones that are either operational or under development.
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Egypt advances €2.05bn Beni Suef power plant supplying 15% of national electricity capacity
The plant, one of Egypt’s largest electricity generation facilities, was developed at a total cost of €2.05bn in addition to EGP 43m.
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Egypt sets out plan to triple garment exports in five years
Exports are expected to hit $4.4 billion this year – an increase of 22 percent or nearly $1 billion on 2025.
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Egypt’s citrus exports exceed 2.2 million tons in 2025
The total value of agricultural exports, including fresh and processed products, surpassed US$11.5 billion in 2025.
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Egypt signs power purchase agreements for 5.6GW of new solar and wind
Egyptian Electricity Transmission Company (EETC) has signed PPAs for 5.6GW of new on-grid solar and wind capacity.
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Arcius Energy to Drill Two Offshore Gas Wells in Egypt
The initiative is aimed at strengthening exploration and upstream activities in Egypt.
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Egypt uncovers fifth-century monastic guesthouse in Beheira
The building, unearthed within the Al-Ruba’iyat area, is believed to reflect early developments in monastic architecture and communal religious life.
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Egypt Receives Valaris DS-12 Drilling Ship to Launch New Mediterranean Gas Wells
The ministry said the vessel’s deployment is part of a broader program to drill four new gas wells in cooperation with BP and Arcius Energy.
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Finance Minister: Basic needs, social protection top fiscal agenda
Kouchouk stressed that the current priority is to secure sufficient and sustainable financial resources to meet citizens’ basic needs.
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Egypt drives record foreign investment surge across COMESA region
The report reveals that total FDI inflows into the 21-member bloc reached an unprecedented US$65 billion in 2024.
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Egypt Pays Its Share of the War’s Cost
In this context, Egypt has seen successive increases in gasoline and diesel prices, amounting to three Egyptian pounds per liter.
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Egypt Launches Africa’s Largest and Longest Monorail
The inauguration unveiled a high-capacity transit link linking Cairo’s Nasr City to the New Administrative Capital.
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Expert warns of $200 oil in ‘greatest energy crisis in history’
Salameh explained that a six-month blockade could drive prices to between $150 and $200 per barrel.
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Food prices begin rising in Egypt as regional tensions fuel inflation fears
Experts are warning that higher fuel costs and supply chain disruptions could trigger a new wave of inflation if the crisis persists.
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Egypt says it will pay $1.3 billion in arrears to oil companies by June
Egypt had accumulated about $6.1 billion in arrears to foreign oil companies by June 30, 2024 due to a prolonged foreign currency shortage.
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Egypt, Indonesia set for close race as world’s top wheat importer in 2025/2026
USDA forecasts both countries will import about 13 million tons as demand stays high.
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Egypt becomes critical aviation corridor between Europe and Asia amid major global flight disruptions
The minister stated that between 4,000 and 5,000 flights are being canceled daily across the region since the onset of the crisis.
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Egypt ramps up national drive to document intangible heritage, eyes UNESCO listings
National registration is no less important than international listing, but rather the foundation for safeguarding heritage and ensuring preservation.
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Should I book travel now? What the Iran war means for your plans
“We’re recommending that people book whenever they can, for the rest of the year, now,” he tells CNN Travel.
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Egypt Unveils Major Real Estate Tax Relief Measures
The minister revealed that the tax exemption threshold for primary residential properties has been raised to EGP 8 million.