News
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AUC students assemble 6,000 Ramadan food packs for families in need
American University in Cairo students prepare 6,000 Ramadan charity food packages for underprivileged families.
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Foreign investors withdraw $2 billion from Egyptian markets amid regional tensions
Foreign investors pull $2B from Egyptian markets as Iran-Israel conflict escalates, pressuring stocks and bonds.
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Egypt boosts gas production with new Mediterranean, Western Desert wells
New Mediterranean and Western Desert gas wells come online, boosting domestic production and reducing import dependency.
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First-half results for FY 2025/26 show strong financial performance
Finance Ministry reports strong H1 FY2025-26 performance with improved revenues and deficit reduction progress.
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Egypt to add 2,500-MW of renewable energy to national grid by next summer
Egypt plans 2,500 MW renewable capacity addition by summer 2026, advancing clean energy transition goals.
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Egypt forms working group to review automotive development program
Ministry forms committee reviewing automotive development program, exploring new incentives to boost local manufacturing.
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Egypt backs biodiesel production using UCO with new recycling plant
Egypt launches used cooking oil recycling plant for biodiesel production, advancing circular economy and fuel diversification
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Egypt's cabinet approves aerial survey deal with X-Calibur to explore mineral-rich areas
Cabinet approves X-Calibur aerial survey contract to map mineral deposits, unlocking mining sector investment potential.
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Suez Canal Bank launches ‘Sekket Rezk’ initiative to empower care home youth
Suez Canal Bank launches Sekket Rezk program providing financial literacy and entrepreneurship training for care home youth.
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The Fintech Startup Bankrolling Egypt’s Economic Backbone
Fintech Flend provides supply chain financing to SMEs, supporting Egypt's small business ecosystem growth.
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EGYPTAIR denies Gulf-Cairo ticket price hikes, cites 5% seat limit for new sales
EgyptAir denies price gouging allegations, explains Gulf-Cairo route constraints due to 5-seat new booking limits.
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Egypt retains safe travel status as US updates travel advisory
As aviation hubs in the Gulf face disruptions, Egypt’s continued status as a relatively secure environment is expected to solidify its position.
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Adidas taps Egyptian billionaire Nassef Sawiris to lead supervisory board
German sportswear maker Adidas AG plans to elect Egyptian billionaire Nassef Sawiris as chairman of its supervisory board.
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Egypt wagers on logistics corridors to slash the inland freight premium
Central to the state’s plan to develop the country’s agricultural and industrial sectors are seven logistics corridors spanning the country.
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Egypt secures strategic fuel reserves until 2028
Egyptian government has moved to reassure both markets and citizens of its long-term energy security.
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In February, Europe rejected six citrus shipments from Egypt, Turkey, and Brazil
The four citrus shipments from Egypt were rejected due to chlorpyrifos.
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Egypt accelerates rehabilitation of Raml Tram to boost capacity, cut travel time
The 13.2-kilometre line extends westward from Victoria Station through key districts until Raml.
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South Red Sea Shipyard: Egypt’s growing yacht construction and refit capability
This is particularly relevant in a regional context where discussions around yacht construction in the Middle East often focus on the UAE.
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Unilever expands Ramadan outreach
Unilever Egypt has launched Knorr’s Ramadan 2026 campaign, “Knorr 7aletha”, aiming to engage more than 10 million Egyptians.
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Egypt’s Mountain View allocates $498mln for 2026 construction drive
Developer targets delivery of 3,000 homes as it accelerates project execution.