News
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Systematic Education Students in Governmental Sector's Training Institutions Increase 17%
The largest number of these institutionsis in Cairo, reached 107 institutions, representing 20.9% out of the total number of institutions.
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Egypt’s strategic stock of rice covers up to 3 months: Cabinet
The cabinet media center contacted officials of the supply and agriculture ministries of who also denied the news.
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Nile crayfish becomes opportunity in Egypt
For long considered a nuisance for fishers on the Nile River, as it cut their nets, the crustacean became an export product of the Arab country.
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Iran, Saudi Arabia, UAE, Egypt to become full members of BRICS+
Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE have officially been invited to join the BRICS group of emerging economies.
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Four key benefits for Egypt as a member of BRICS
There are deliberations on applications from five countries seeking to join the bloc: Egypt, Saudi Arabia, the UAE, Algeria, and Bahrain.
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Egypt Ranked 109th Globally in E-commerce Readiness Index
Egypt comes first among the Arab countries in terms of the percentage of e-commerce exports compared to total merchandise trade.
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$6M loan granted to support young Egyptian entrepreneurs under EBRD’s YiB program
EBRD’s Youth in Business Program (YiB) is dedicated to supporting privately owned microenterprises or young entrepreneurs under the age of 35.
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Egypt cooperates with Microsoft to set digital transformation roadmap
Egypt's Information and Decision Support Center (IDSC) has signed an MoU with Microsoft to set a roadmap for digital transformation.
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Madbouly calls for operating shipping routes linking Egypt with African countries
The meeting also touched on the possibility of cooperating with the Egyptian private sector to support various types of food industries.
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Nigeria, Algeria, and Egypt to dominate Africa’s gas supply market from 2023 to 2027
This is according to data from the African Energy Chamber in its August 2023 State of African Energy report.
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Islamic finance in Egyptian market exceeds EGP 600bn in 1H 2023: El-Beltagy
El-Beltagy added in a report issued Tuesday, that the volume of Islamic banking accounts for 5% of the Egyptian banking market.
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Egypt financial authority introduces new rules easing startup financing
The Egyptian Financial Regulatory Authority (FRA) has introduced new regulations for the financial evaluation of startups.
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Will Egypt postpone the school year due to EG5?
The two cases infected with the new variant suffer from symptoms of known respiratory infections.
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Egypt's real estate market to attract $120B in investments from Middle East Sovereign Wealth Funds
According to the report, The UAE already invested in 71 real estate projects in Egypt, amounting to $5.6 billion in 2021.
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EgyptAir Plans to Increase Aircraft Fleet
The meeting also discussed the executive position of a number of projects that are being established in the civil aviation sector.
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Emaar Hospitality eyes massive expansion across Egypt
The new Address Beach Resort Marassi is now open, one of 10 hotels Dubai’s Mohamed Alabbar wants to open across Egypt.
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Egypt begins new terminal construction works in Port Said
The construction of a new terminal in East Port-Said Port in Egypt, the northern entrance to the Suez Canal, has officially commenced.
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IFC: Egypt to Lead African Countries in Digital Economy by 2025
Egypt would lead African countries in the digital economy alongside Morocco, Nigeria, South Africa and Kenya by 2025.
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CIHC considers selling 30% or less of its shares in Eastern Company
The Chemical Industries Holding Company (CIHC) received offers from investors who are interested to buy 30 percent or less of its shares.
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Irrigation minister invites Dutch officials to tour of Egypt’s water projects
Minister of Water Resources and Irrigation Hani Swelim praised the long-standing cooperation between Egypt and the Netherlands especially in intl fora