News
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Representing Africa at AIIB, Egypt aims to strengthen Africa-Asia ties, Maait
Set for September 25-26, the annual meetings will be hosted in Sharm El-Sheikh, marking the first time the event is taking place in Africa.
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Egypt's GAFI approves establishing $16.2 bln industrial city in Giza
Established in 2019, GV Investments Group is based in Egypt and operates in real estate, as well as industrial and service sectors.
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Egyptian government primarily approves establishment of 'Tarboul' investment zone
The request submitted by GV Investment Group to establish an investment zone called Tarboul was primarily approved by the Egyptian government.
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Egypt announces new oil discovery in Gulf of Suez
The new discovery was made by Egypt's Cheiron through exploration well GNN-11, currently producing more than 2,500 barrels a day, the ministry said.
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Hurghada, Marsa Alam airports receive 168 flights
The Hurghada and Marsa Alam international airports on Sunday received 168 flights carrying about 24,000 tourists of various nationalities.
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President Abdel Fattah El Sisi Highlights Egypt’s Potential In Green Hydrogen Production
President Abdel Fattah El Sisi emphasized Egypt’s favorable prospects in the realm of green hydrogen production.
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Egyptian National Railways launches online service for ticket reservation
The Egyptian National Railways (ENR) announced Monday that railway tickets can now be booked online.
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Egypt’s unemployment rate drops slightly to 7% in Q2
The data indicated that the male labor force numbered more than 25.5 million, while the female workforce comprised over 5.4 million.
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US Embassy's Cairo Centre opens doors for beginners to explore web development
The US Embassy is American Centre in Cairo (ACC), in collaboration with DNAAYA company, is offering an opportunity to set foot in web development.
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Egyptian academic year 2023 for schools, universities starts September 30
The mid-year vacation begins on January 27, 2024 and lasts for two weeks, ending on Thursday, February 8, 2024.
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Egypt, India cooperate to establish international training centre
Minister of International Cooperation Rania Al-Mashat met Tuesday with Ambassador of India in Egypt Ajit Gupta.
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Climate and production costs reduced volumes by 20%
Despite growers' plans at the end of the previous campaign to increase volumes this season, unfavorable weather conditions led to a drop in yields.
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Trade Minister amends law No.118/1975 on import, export
The Minister issued another decree regarding the formation of a committee to set standards and controls for the integrated risk management system.
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Emaar Misr, Emaar Hospitality Group inaugurate Address Beach Resort Marassi with EGP 5bn investments
This step resonates with Emaar’s vision pertinent to developing Egypt’s North Coast, and upgrading the hotel and hospitality sector in it.
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Economic crisis continues to take toll on Egyptian stocks as investors ask for risk premium
HSBC Bank said in a report that investors are still concerned about investing in Egypt, as the past four years witnessed a decline in interest.
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Trade exchange between Egypt, BRICS countries increases to $31.2bn in 2022
The agency said that the value of Egyptian exports to the BRICS countries increased to $4.9bn in 2022, compared to $4.6bn in 2021.
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Egypt to establish logistic area on its border with Libya to improve bilateral trade
The news was revealed by Egyptian President Abdel-Fattah Sisi during a tour he conducted Wednesday of the north-western Marsa Matrouh Governorate.
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Ethiopia withholds equivalent to 45% of Egypt’s water share: Expert
In remarks to al-Hadath al-Youm channel, Sharaky said that 85 percent of the Nile water comes from Ethiopia and 15 percent from Lake Victoria.
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Egypt ready to re-export Russian wheat if Moscow establishes Suez Canal logistics hub
Egypt, like other importing countries, is affected by the rise and fluctuations in global wheat prices.
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Egypt enables companies to issue multiple sukuk with single regulatory approval
Companies in Egypt can now issue multiple sukuk with single approval from the Financial Regulatory Authority (FRA), according to the recent amendments