News
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New tourist walkway links the Giza pyramids to the Grand Egyptian Museum
These include the creation of green landscapes and a tourist walkway covering two kilometers with a width of about 500 meters.
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Six Egyptian Agritech Startups at the Forefront of Innovation in Agriculture
Despite these growing threats, the agricultural sector has been undergoing a transformation with the infusion of technology.
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Egypt, DMG MORI probe boosting cooperation in manufacturing sector
This came within the framework of the Egyptian president’s directives to transfer and localize the latest manufacturing technologies and industry 4.0
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China and Egypt economic cooperation of great importance: Ambassador
Heiba has been amazed by the high-quality development of China and considers it definitely something Egypt is looking forward to.
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Smartwings launches new Prague-Cairo service
Czech carrier Smartwings launches a new service between Prague and Cairo starting later this year in November.
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India, Egypt discuss a wheat-for-fertilisers deal after Prez Sisi sought grain
The discussions on the deal began when Egyptian President Abdel Fattah El-Sisi raised his country’s need for the grain during a meeting with PM Modi.
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TFSE’s authorized capital doubles to LE 400: Prime Minister
Madbouly decided to increase the authorized capital of Egypt’s TFSE by LE 200 billion in a 100 percent increase.
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Ostool unveils expansion plans
Growth plans in the offing: “The company aims to expand in the Gulf region,” Badrawi mentioned without disclosing further details.
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Egypt’s Pending Membership Of BRICS – An Overview
Egypt’s membership in BRICS, multilateral trade with main BRICS members, the consequences and effects of membership, and trade and investment prospect
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Egypt’s New Capital-City Megaproject
First announced in 2015, Egypt’s new, as-yet-unnamed capital city has been under construction for years.
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Egypt gives approval for fourth unit of Dabaa nuclear plant
Rosatom, said it won approval from an Egyptian regulator to start building the country's first nuclear plant.
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Egypt grants golden license to Samsung for mobile phone factory
The Egyptian Cabinet has granted Samsung Electronics Egypt a golden licence to build and operate a mobile phone factory in Beni Suef.
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Six new stations on Cairo Metro Line 3 to be inaugurated in October
The Ministry of Transport is preparing to inaugurate six new metro stations on Cairo Metro Line 3 during October.
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Cabinet announces upcoming issuance of Samurai bonds
The Samurai bonds are yen-denominated bonds issued in Tokyo by non-Japanese firms and run under Japanese regulations.
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Afreximbank approves $400mln loan for phosphatic fertilizers project in Egypt
The financing will be dedicated to the phosphatic acid production project implemented by El Wady for Phosphate Industries and Fertilizers.
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Egypt mulls exiting 83 percent of state-owned agriculture sector
The Egyptian government is planning to exit 83 percent of its 26 companies in the agricultural sector.
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Cairo-Tokyo line to resume flights in September
EgyptAir is scheduled to restart its direct route from Cairo to the Japanese capital, Tokyo, starting in September, with a weekly flight.
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Indorama aims to establish $700M factories in Egypt
The petroleum minister said there is a chance for partnership with Indorama, noting that the raw materials for the two factories are available.
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SDX Energy agrees to sell Egyptian assets to multinational buyer
SDX said the disposal will leave it well-positioned for its planned diversification into Morocco's energy transition sector.
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Egypt allocates land for new wind farm in Sohag to cut carbon emissions
The farm is estimated to reduce carbon emissions by 6.8 million tons annually, added Shaker.