News
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South Africa and Egypt discuss establishment of specialised clinics for medical tourism in both countries Text copied fr
Egypt is looking to cooperate with South Africa in the fields of medical tourism, investment in healthcare, and sharing expertise in healthcare.
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Egyptian Cabinet sets fixed cotton prices for the 2024/2025 season
Under the new pricing scheme, a medium-staple quintal of cotton in Upper Egypt will be set at LE 10,000.
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Shalateen Mineral Resources Company increases gold deposits to CBE by 14%
The company announced that it will deliver a ton of gold with a purity of 99.9 percent by the end of this year to the Central Bank of Egypt.
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ADNOC withdraws from Wataniya deal, TAQA Arabia among final offers
The Abu Dhabi National Oil Company (ADNOC) pulled out from the process of bidding on Egyptian Wataniya Petroleum, just as the deal was almost closed.
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Amid Climate Change Challenges, Egypt’s Corals Demonstrate Surprising Resilience, Biologist Says
Egypt is rich in marine wildlife, with 1000 species of fish, 800 species of marine molluscs, 1000 species of crustaceans.
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Egypt’s outdoor advertising market grows by 20% in 2023, reaching EGP 3.9bn
The market’s strength was driven by multiple factors, including sector diversification, regional expansion, and data-driven decision-making.
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Egypt to boost economic cooperation with Germany's Bavaria
This encounter took place during Shoukry's participation in the 60th Munich Security Conference 2024.
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Emigration ministry presents alternative tracks to increase dollar transfers from Egyptian expats
The ministry is keen on effective and continuous communication with the Egyptians and Egyptian investors abroad to solve their problems.
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Egypt Post to inject LE 6B in direct investments during 2024
Farouk emphasized Egypt Post’s goal of achieving a 30 percent increase in net profits in 2024, targeting LE 5 billion.
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Egypt-Italy: green light for Maire Tecnimont's nitric acid and ammonium nitrate factory
The turnkey project includes a plant with a production capacity of 600 tons per day of nitric acid and 665 tons per day of ammonium nitrate.
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Egypt plans for $100B in annual exports with new industrial strategy
Samir announced in an interview with Asharq Bloomberg that the strategy will be finalized by the end of February.
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Egypt establishes new logistical zone in Rafah: Former official
Salem explained that thousands of vehicles there have endured difficult conditions due to the long distance from al-Arish Airport or al-Arish Port.
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Egypt Kuwait Holding to open wood factory with $120M investments
Al Kharafi announced that his company will open a MDF wood manufacturing factory with investments amounting to $120 million.
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Egypt's unemployment rate reaches record low of 6.9% in Q4 2023
The unemployment rate was 7.1 percent in the third quarter of 2023 and 7.2 percent in the corresponding quarter of 2022.
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Egyptian banks’ high-yield saving certificates garner record EGP 642 billion in 6 weeks
According to the reports, the National Bank of Egypt (NBE) attracted EGP 450 billion and Banque Misr collected EGP 227 billion.
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Air Arabia Egypt launches new route to Istanbul
The airline will operate three weekly flights between Cairo and Istanbul, utilising its Airbus 320 fleet starting 2 April.
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Eastern Company explains reasons behind tobacco price increase in Egypt
He noted that 95 percent of cigarette components are imported and that the price of cigarette filters has increased by about 400 percent.
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Turkish-Egyptian hospital to be established in Cairo
A Turkish-Egyptian hospital will be built in the new administrative capital east of Cairo, Egyptian Health Minister Khaled Abdel Ghaffar has revealed.
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New Garden City: A Testament to Egypt's Vision for Urban Planning
New Garden City, a cornerstone of Egypt's New Administrative Capital, is a harmonious blend of classical and modern architecture.
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Egypt, Brazil strengthen ties with signing of agreements and centennial celebration
They signed MOUs for cooperation in the fields of science, technology, and innovation.