News
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MAFI inks contracts for USD 300 mn agri-food industrial complex in Egypt’s Sadat City
The complex in Elsewedy Industrial Development’s industrial park is slated to be the largest in the Middle East and could create as many as 7k jobs.
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Egypt’s telecoms companies increase tariffs by 10-15%
Egyptian telecommunications companies have recently increased the prices of mobile recharge cards and selected prepaid plans by 10 to 15 percent.
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Government's electronic payment yields Reach LE8.1T in 53 months
The Finance Ministry's statement clarified that the growth rate of electronic payment services for state employees reached 12 percent.
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Will Inflation Decline in Egypt during 2024?
The annual core inflation rate in Egypt slowed last November to 35.9%, compared to 38.1% in October 2023.
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Egypt raises price of Cairo metro tickets by up to 20%
Egypt's transport ministry raised the price of tickets on the Cairo metro by up to 20% on Monday, officials in metro stations said.
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39 Egyptian companies take part in fifth edition of Libya Food Exhibition
Egyptian companies would attract thousands of visitors and those interested in the field of food and packaging.
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Egypt signs €135M deal with EIB for sustainable green industry project
The project aims to support the green transformation in the industrial sector by implementing climate change and environmental sustainability measures
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Marsa Alam Airport receives 121 European flights until Friday
The flights will arrive from about 13 European nationalities, led by Germany, Poland, the Czech Republic, Belgium and the Netherlands.
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With $125M investment… Egypt places 1st well of 'North Safa' field on production map
The first phase of early production in the 'North Safa' field was executed by an Egyptian consortium, comprising "Eni, Petrojet, and Marine Petroleum.
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Get to Know Egyptian Pound Value against BRICS Currencies in 2024
In the following report, we present the price of the Egyptian pound against the most important currencies of the BRICS countries.
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Egypt looks to culture to strengthen ties with BRICS group
Egypt ranked 31st globally in 2022 in the Global Soft Power Index, an increase of 3.3 points on the previous year.
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Egypt to host conference on promoting yachting tourism on Wednesday
Egypt's Ministry of Transport will hold a conference on Wednesday in the New Administrative Capital to explore ways to enhance yacht tourism.
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Egypt’s desert shrimp farming pioneer
Egyptian desert has the potential to be a successful shrimp producing region.
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Egypt ranked 3rd among Mover countries
A country’s future growth is dependent on a range of factors, including how prepared it is to weather challenges posed by the global economy.
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Egypt’s ‘Abou Tarek’ among 100 most iconic restaurants around the world
The “TasteAtlas” website, which ranks the 100 most iconic restaurants around the world, included the Abou Tarek Restaurant for Koshary at #64.
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Debt interest increases Egypt's budget deficit to LE 652.6B within 4 months
The budget deficit percentage of the gross domestic product (GDP) rose to 5.51 percent, compared to 3.37 percent last year.
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Egypt commits to enhancing wage levels in 2024
The Egyptian government is set to continue improving wage levels in 2024 to alleviate the financial burdens faced by citizens since COVID.
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Comprehensive Health Insurance System to cover new governorates by 2024: Finance Minister
The system aims to provide comprehensive and integrated healthcare for all Egyptian families.
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Over $2B investment in 9 key Egyptian industrial projects during 2023
The ministry's achievements throughout 2023, emphasizing its commitment to developing the Egyptian industry and boosting exports to global markets.
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Egyptian government approves new facilities for industrial licences
The Saturday decree increased the construction ratios for industrial projects from 40% to 65-70% of the total land area.