News
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SCZONE allocates land for water pump maintenance center with investments worth $5M
The signing of this cooperation will create a pump service facility serving the Egyptian market, and Torishima’s investments will be increased.
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MPs, transport minister inspect Upper Egypt Railway Station
The building includes 28 ticket counters, toilets, and a 40 meter high glass pyramid in the main lobby of the station.
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Revolutionizing Retail: How Social Commerce is Transforming Egypt’s Shopping Landscape
The retail landscape in Egypt is undergoing a significant transformation, thanks to the rise of social commerce.
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LMD works toward rapid construction in its ground-breaking Zoya Ghazala Bay in North Coast
LMD, the leading real estate company, proves its full commitment to clients and implementing its projects according to its timeline.
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Mashat, IFC officials review gov’t offering program
IFC Vice President Elena Bourganskaia lauded the progress realized in the governmental offering program in light of the efforts exerted by the state.
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Japanese Torishima to build $5 mln pump factory in Egypt's SCZone
Japanese manufacturer Torishima is set to build a pump production centre in Egypt's Suez Canal Economic Zone (SCZone).
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Egypt collects EGP 8.8 bln from tax evaders over 2.5 years
Egypt's tax authorities have generated EGP 8.8 billion ($286 million) from 7,305 tax evasion cases, out of 22,000 since the launch of eInvoice.
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Transport Min. Reveals Truth behind Selling Electric Train
The Ministry of Transport did not intend to sell any of the assets to pay off the loans for the implementation of its projects.
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Diarna exhibition in North Coast aims to expand marketing of local products
The ministry is offering technical support and training to productive families and welcomes all partners to market their products.
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Egypt ranked 4th for tourism sustainability performance
The market for sustainable tourism is booming, with two-thirds of travelers saying sustainability is an important factor when choosing holidays.
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Egypt in talks with UAE to secure $ 500 mln for its wheat imports: Minister
Egypt is currently in talks with the United Arab Emirates to secure a total of $500 million in funding to import wheat.
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Egypt, France's CMA CGM sign MoU on strategic cooperation in maritime transport
The MoU was signed by Transport Minister Kamel el Wazir and Chairman and Chief Executive Officer of the CMA CGM Group Rodolphe Saadé.
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Japanese Amb. Visits SCZone to Review Possible Investment Opportunities
The tour opened the door for the Japanese financial and business community to take advantage of the investment opportunities available.
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Centamin Reaches Agreement with the State on Tax Regime for Future Gold Discoveries
Egypt aims to increase the mining sector's contribution to GDP from less than 1% in the last decade to 5% by 2030.
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Minister: Textile factory IV in pilot stage, to be opened soon
Minister of the Public Enterprise Sector Mahmoud Esmat had talks with leaderships of the Cotton & Textile Industries Holding Company.
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Agriculture Min.: Egypt "8th Largest" Mango Producer in World
Mango cultivation is also flourishing in the Suez Canal region, the northern delta, and Aswan.
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Egypt’s Growing Demand for Energy: Strategies for Meeting the Challenge
The energy demand in Egypt has been on a steady rise over the past few years, largely driven by population growth, urbanization, and industrialization
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TUI Announces Nile Cruises with Fourth Ship
TUI River Cruises is expanding its offerings with an announcement of a new Nile cruise program set to begin in Winter 2024.
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Egypt’s minister unveils plans to boost AI industry
The initiative was held at Giza CREATIVA Innovation Hub, in collaboration with the ICT ministry and Dell Technologies – Egypt.
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Sweden's Electrolux Group to sell brands, factories in Egypt
Swedish multinational appliances company Electrolux Group will sell $976.46 million worth of brands and factories in Egypt and South Africa.