News
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Egyptian Trading App EFG Hermes One Adds Five New Retail Funds
Egyptian trading app EFG Hermes One launches five retail mutual funds, expanding investment options for mass market and deepening capital markets
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Gold in Egypt tops global prices
Egyptian gold prices surge above global benchmarks amid geopolitical tensions and currency dynamics, reaching EGP 5,000+ per gram premium levels.
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Egypt and Myanmar: cultural tourism cooperation and heritage preservation
Egypt-Myanmar dialogue explores bilateral tourism collaboration, heritage site preservation partnerships, and cultural exchange programs
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Shakira will perform in Egypt at the Pyramids on April 7th
Nearly two decades later, she’s circling back.
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What stalled Egypt's monorail, and who pays?
The project has faced a string of obstacles since it was awarded in 2019 to a consortium led by the Canadian transport manufacturer Bombardier.
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El-Sisi discusses expanding renewable energy cooperation with China’s GCL
Egypt has been expanding its renewable energy sector to meet rising electricity demand and position itself as a regional hub for green energy.
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New oil well begins production in Egypt’s Gulf of Suez
Belayim Marine 133 commenced operations at an initial production rate of approximately 1,500 barrels per day.
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Egypt posts 157% rise in outsourcing exports, targets 30% annual growth through 2029
Egypt’s outsourcing service exports have grown by 157 percent to $5.14 billion by the end of 2025, up from $2 billion in 2021.
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What TMG’s Latest Mega-Developments Mean for Egypt’s Property Market
Its portfolio today includes new cities, coastal destinations and high-end hotels that reflect the group’s long-term approach to development.
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Qatar’s Al Mana Holding to invest USD 15.6 mn in biodiesel plant
Qatar’s Al Mana Holding is investing USD 15.6 mn to build a facility that will convert used cooking oil into biodiesel.
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Egypt, UK Discuss Boosting Exports, Investor Support
British companies are among the largest foreign investors in the Egyptian market, contributing to job creation, and export growth.
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Egypt accelerates canal digitisation, modern irrigation reform
A central focus of the meeting was the completion of the first phase of Egypt’s private irrigation canals digitisation project earlier this month.
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Finance Ministry and IDSC ink agreement to improve financial policies and digital services
The Ministry of Finance has signed a cooperation agreement with the Information and Decision Support Center (IDSC) to improve financial policies.
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Top 10 African countries with cheapest petrol prices in February 2026
Algeria offers petrol at $0.362, around ₦500 per litre, supported by government subsidies and a strong oil and gas sector.
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Egypt Targets 100,000 Factories by 2030
Egypt currently has tens of thousands of operating factories, and the government is working to accelerate the pace of industrial licensing and land.
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Egypt ranks 3rd among Africa top 10 solar energy markets in 2025
The energy sector is one of five priority sectors in Egypt’s new economic development narrative, which aims to raise real GDP growth to 7.5 percent.
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Egypt participates in Scandinavia’s largest travel fair in Denmark
The booth drew strong turnout from visitors and diplomats, highlighting growing Danish interest in Egypt as a cultural and winter destination.
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Egypt tops global women’s rights reforms, but weak enforcement curbs growth
On average, economies have in place fewer than half of the policies and institutional mechanisms required to ensure proper implementation.
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Egypt completes 42 sanitary landfills under national solid waste overhaul
The projects include the construction of fixed and mobile transfer stations, as well as environmentally compliant sanitary landfills.
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Egypt forms committee of scientists to drive research-led industrial development
The Ministry of Industry is forming a committee of local and international scientists to promote industrial development driven by scientific research.