News
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Old Kingdom tombs with 160 pottery vessels discovered at Qubbet el Hawa, Egypt
Archaeologists working at Qubbet el Hawa in Aswan have uncovered a new group of rock-cut tombs dating to the Old Kingdom, around 2686 to 2181 BCE.
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Movingfert breaks ground on $40 mln phosphate plant in Upper Egypt’s Keft Free Zone
Fertilizer producer Movingfert has started developing a $40 million phosphate manufacturing plant in the Keft Free Zone in Upper Egypt.
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Damietta Port to get EGP 8 bn for new grain and multipurpose terminals ahead of international management tenders
Once the projects are completed, international alliances will be invited to participate in a global management and operation tender.
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Transport min. inspects Kom Abu Radi railway workshops in Beni Suef
During his visit, Wazir inspected various production sections and reviewed a number of railcars that have undergone full refurbishment.
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Egypt exempts Americans and Europeans from visa requirements
Most Europeans, Americans, and Canadians receive a visa on arrival, $25 for 30 days.
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The new rules of survival for Egypt’s fertilizer industry giants
As the market enters a price stabilization phase, companies are becoming more sensitive to pressure from international buyers.
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Egypt to activate electronic link between agencies to speed up investor services
Egypt is building an integrated electronic system to streamline the approval of company board minutes and accelerate capital increase procedures.
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Exploring Africa’s poultry powerhouses – a spotlight on Egypt
Egypt’s poultry sector continued to stand out as the leading producer on the African continent in 2025.
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China's Himile plans $100mln tire mold factory in Egypt
The move aims to strengthen the country’s role as a regional hub for automotive component manufacturing.
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Egypt to build fourth terminal at Cairo International Airport
Egypt's Civil Aviation Minister Sameh El-Hefny says the new Terminal 4 will boost capacity and transform Cairo's airport into a regional hub.
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How the Egyptian Tourism Authority is Winning Over Travelers at Major Exhibitions
The move marks a strategic step in expanding Egypt’s visibility and tourism potential in Central and Eastern Europe.
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Sukari gold Produces 500,000 ounces in 2025
The total production of the Sukari gold mine in 2025 came at 500,000 ounces, compared to 481,000 ounces in 2024.
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Egypt moves to offer up 62 hospital investment projects to private sector
Investment prospects include Galala Hospital, Sheikh Zayed Specialized Hospital, Agouza Hospital, and New Alamein Hospital.
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Gulf Insurance Group to open microinsurance company in Egypt
In addition to GIG Egypt, Ahalina’s shareholder base will include a local microfinance company as well as several other investors.
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Reforms clear path for $2.3bn IMF disbursement
The anticipated disbursement comes as the IMF evaluates Cairo’s commitment to sweeping institutional reforms and expanded social safety nets.
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Egypt’s bid to anchor a Cairo to Cape Town African trade highway
Egypt is laying stretches of a 10,000-kilometer project to reconnect the continent from the Mediterranean to the Cape.
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Egypt ranks 3rd among Africa top 10 solar energy markets in 2025
Egypt adds 500 MW of photovoltaic capacity in 2025, securing third place among Africa's top 10 solar markets, per World Energy Council data.
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El Sisi reviews banking sector performance, monetary stability with CBE governor
Foreign reserves hit a record $52.6B, net foreign assets reach $25.5B, S&P upgrades Egypt to B, historic financial recovery marks macro stability.
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Egypt reforms bring 5th and 6th review of EFF loan agreement closer
Egypt's reforms advance the combined fifth/sixth EFF review of $8B loan and first RSF review of $1.3B facility, IMF Communications Director confirms.
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Egypt to inject $4 billion into oil refinery overhaul to cut fuel import bill
Six refinery modernization projects worth $4B aim to boost capacity from 600K to 840K bpd, slashing fuel imports and enhancing energy security.