News
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Egyptian fintech startup Yalla to expand into Saudi Arabia
Yalla aims to introduce its Super App, along with its "Yalla Card" solution providing daily financial and non-financial needs to users in Saudi Arabia
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Egypt's top 10 trading partners in the G20
Egypt, strategically located at the crossroads of Africa, Asia, and Europe, plays a crucial role in global trade.
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Egypt's zero-customs gold import initiative brings 1.5 tons in 4 months
Around 1.5 tons of gold have entered the Egyptian market since the start of the zero-customs gold import initiative in May.
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Egyptians express concern after beaches turn green in Port Said
Beaches at the eastern coastal area of Port Said have turned green, sparking concern amongst citizens as to the cause of the phenomenon.
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Egypt to finalize Gabal El-Zeit wind farm deal in October
Egypt received 5 offers for the wind farm in Gabal El-Zeit and the government gave the international investor two months to finalize his approval.
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SCZone Contracts with Dutch Alliance to Enhance Investments in Green Fuel Industry
The protocol includes expanding the work of these companies by pumping major investments within the economic zone.
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Gendi: We are keen on supporting cooperation between Egyptian scientists abroad
The minister said she discussed with Minister of Health and Population Khaled Abdel Ghaffar the needs of Egyptian doctors abroad.
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World Bank appoints Stephane Guimbert new country director for Egypt
The World Bank has appointed Stephane Guimbert as the new country director for Egypt, Yemen, and Djibouti, effective 1 August.
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ICT minister visits US to discuss ways of attracting foreign investment
The meetings aim to strengthen Egypt-US collaboration, transfer field-related knowledge, and discuss investment opportunities in the Egyptian ICT.
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Egypt Ranks World's Largest Exporter of Citrus Fruits
The state seeks to benefit from international companies in mechanization in order to increase productivity in the coming period.
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Storm Daniel to hit Egypt starting Monday, bringing active winds and low temperatures
There are chances of rainfall and thunder on the western coasts and the desert area of Matrouh and Salloum.
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SID to invest EGP 10bn in Egypt’s real estate market
The project is a commercial and administrative development that covers an area of 77,000 sqm in Palm Hills in October.
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Egypt’s Talaat Moustafa Group to build $10.6bln sustainable city in Riyadh
The new city will comprise around 27,750 villas and residential units and nearly 40 percent of the area will comprise large green spaces.
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Sisi to attend AIIB meetings in Egypt's Sharm El-Sheikh: Finance Ministry
Egypt's President Abdel-Fattah El-Sisi is scheduled to attend the inauguration of the Asian Infrastructure Investment Bank (AIIB) meetings.
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Egypt denies imposing US$1,000 fee on tourists
The Egyptian Cabinet has denied rumors shared online claiming it has imposed about US$1,000 on tourists coming to Egypt from various countries.
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Egypt's EEC to lead trade mission of 22 companies to Iraq
The mission aims to increase the sector’s exports and explore new opportunities in the Iraqi market.
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Food industry exports’ volume hits $2.635B: Trade Minister
The total volume of food industry exports reached $2.635B during the first 7 months of 2023 compared to $2.384B during the same period in 2022.
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Egypt's trade deficit drops by 47.7% YoY in June
Egypt's trade balance deficit dropped by 47.7 percent to $2.32 billion in June 2023, down from $4.43 billion in June 2022.
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Egypt’s international reserves climb for 12th month in a row, reaches $34.9B in August
On a year-on-year basis, CBE numbers indicate a climb of 5.39% in August compared to $33.14 billion during the same month in 2022.
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CX leader SYKES continues operation in Egypt as Foundever with growth plans & appointment of new country leader
Egypt office currently employs over 500 professionals working with more than 12 languages for leading clients in different sectors.