News
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Sudan and Egypt Accelerate Mega Electricity Interconnection Project
Sudan and Egypt are joining forces to boost the electricity interconnection project in Port Sudan.
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Egypt increases fees for issuing passports
The increase is estimated at LE750 and reaches LE1,000, in addition to other fees, for a regular passport, but not an urgent one.
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Egypt's Foreign Direct Investment Soars to a 15-Year High, Cementing Economic Growth
Explore Egypt's economic milestone as net FDI reaches $10 billion in 2023, showcasing the country's allure to global investors and strategic reforms.
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Seacom faces subsea cable disruption, impacting Kenya and Egypt
Per the company, the disruption only affects the cable segment that runs from Mombasa, Kenya, to Zafarana, Egypt.
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Egypt's Leap Towards Fiscal Discipline: Implementing a Unified Finance Law
Discover how Egypt is redefining its fiscal landscape with the introduction of a medium-term budget framework and a focus on performance-based budget.
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Navigating the Web: Egypt Leads Africa in Internet Speed, Nigeria Trails at 23rd
Discover how Egypt leads in internet speed in Africa while Nigeria lags behind, shedding light on the challenges of digital access and the potential.
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MP demands stricter measures for ride sharing app drivers in Egypt
This comes after a young woman in Shorouk accused a car driver of trying to harass and kidnap her.
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Goldman Sachs expects Ras El Hekma deal to end Egypt’s foreign exchange crisis soon
The bank stated that the deal’s investments surpassed its previous forecasts, citing the prompt execution of the deal.
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Egyptian, Japanese firms to co-produce atmospheric water generator
This extension builds upon the long-term agreement signed in May 2021 and is funded by the Japan International Cooperation Agency (JICA).
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Progress in Discussions between Egypt, IMF on Loan Program is Excellent
Significant progress in IMF-Egypt talks on $3 billion loan program, according to IMF spokesperson Julie Kozack.
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Egypt targets Danish investments in infrastructure, IT
In March 2023, the Suez Canal Authority and Denmark's Maersk signed a new agreement to boost joint cooperation in the fields of training.
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EDGE and CLIFF - The Ark’s Latest and Most Robust Projects in New Cairo
The grand reveal was introduced during a spectacular launch event on The Ark’s site in attendance of Eng. Mohamed Amin El Dokhmesy.
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Egypt and OECD Forge Ahead: Strengthening Ties for Economic Resilience and Growth
The relationship between Egypt and the Organization for Economic Co-operation and Development (OECD) extends over 15 fruitful years.
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Fawry cooperates with LA Market to empower local brands in Egypt
As the first choice in the electronic payments market, "Fawry" seeks to support women empowerment initiatives within the region.
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Egypt's PM initiates gradual release plan for $1.3B goods in customs with focus on essential commodities, medicines
The total value of foodstuffs, medicines, and animal feed currently held in customs, amounting to approximately $1.3 billion.
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SCZone Explores Opportunities with European Partners
Especially to complete huge projects by preparing infrastructure and facilities with international specifications in ports and industrial zones.
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Egypt announces $35 billion UAE investment on Mediterranean coast
The development of the Ras El Hekma peninsula and could eventually attract as much as $150 billion in investments.
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Enormous new Turkish investments enter Egypt’s ready-made garment sector
10 Turkish investors in the spinning, weaving and clothing sector opted to enter the Egyptian market due to its strong capabilities.
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Egyptian investors consider pumping $380 million to produce sustainable aviation fuel
This fuel is derived from a variety of ingredients ranging from waste oils and fats to sugar crops and some trees and grasses.
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EBRD to provide US$50 million loan for support small, medium enterprises in Egypt
This package contributes to increasing access to financing for small, medium and micro enterprises and expanding their reach to new clients.