News
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Installation of melt trap underway at El Dabaa 2
El Dabaa NPP will comprise four units with generation III+ VVER-1200 pressurised water reactors.
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Thales to provide Alexandria metro with modern solutions in Egypt
Under the scope of this new contract, Thales will provide its latest rail and AFC (Automatic Fare Collection) technologies.
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Methanex (MEOH) Provides Update on Egypt Methanol Operations
Shares of Methanex have gained 9% over the past year against a 14.7% decline of its industry.
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S. Korea's trade commission holds hearing on Egyptian white cement
The commission, meanwhile, also launched a separate probe into a patent infringement allegation on disposable surgical gowns imported from China.
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MEGAMIND negotiates EGP 4bn healthcare digitization project in Egypt
MEGAMIND, a digital healthcare solutions company, is in talks to digitize certain healthcare services in Egypt, with a project valued at EGP 4bn.
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Egypt one of the most popular destinations for the New Year holidays among Russians
The expert added that Georgia, Armenia, Tajikistan and Azerbaijan have witnessed a rise in bookings for the holidays.
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Meet the Egyptians on the 2023 Forbes Middle East 30 Under 30 List
This year’s roster showcases 145 individuals from 22 different nationalities, with Egyptians leading the list, comprising 44 outstanding achievers
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Egypt Announces Export of World's 1st Ammonia Shipment
The vision of the strategy aims to make Egypt one of the leading countries in the green hydrogen economy in the world.
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Egypt targets $3.9B foreign investments from SCZONE
This target comes after SCZONE garnered investments worth $1.3 billion in the first four months of the current fiscal year.
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Trade exchange between Egypt, COMESA countries increases to $5.431bn in 2022: CAPMAS
Egypt’s exports to COMESA countries reached $3.544bn in 2022, compared to $3.066bn in 2021, with an increase of 15.6%.
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Egypt's FDI increased by 120% during FY22/23: CAPMAS
The government aims to achieve a GDP of EGP 11.84 trillion and attract $11 billion in FDI during the fiscal year 2024/2023.
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Egypt's Black Friday: Will consumers embrace discounts despite inflation, boycott campaign?
One prominent factor driving the surge in Black Friday excitement among Egyptian shoppers is the growing demand for online shopping.
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Egypt, Bahrain sign 15 cooperation initiatives to strengthen bilateral relations
One of the key objectives outlined by Egypt and Bahrain is to enhance trade exchange by addressing obstacles that hinder market access.
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Telecom Egypt signs agreement to speed up internet in Egypt, Africa
Telecom Egypt signed an agreement with (ICANN) to install and operate the Managed Root Server (IMRS) in the Egyptian company’s Regional Data Hub.
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CBE reveals number of InstaPay users & volume of Egyptian transactions
The number of InstaPay users has now reached 6.2 million customers he said, who have made 300 million transactions.
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First Gulf-Egyptian Business Forum concludes with 11 recommendations
The forum concluded with several recommendations aimed at enhancing economic, trade, and investment cooperation.
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Egypt Prepares to Resume LNG Exports
The resumption is likely to boost supplies to Europe and increase bearish signals for prices on the continent.
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Trade Between Saudi Arabia & Egypt Hit USD 20.4 Billion in 2022
This marks a 40% increase compared to trade between Saudi Arabia and Egypt in 2021.
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Early Egyptian spring onions achieved great success this season
The Egyptian onion season traditionally runs from late October to mid-March.
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Central Bank of Egypt’s gold holdings increase by 6% in October
The gold holdings of the Central Bank of Egypt (CBE) increased by 6 percent to EGP 249.64 billion ($8.08billion) in October from EGP 235.64 billion.
