News
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Belarus, Egypt discuss cooperation in manufacturing sector
On behalf of Belarus, the meeting was attended by Deputy Industry Minister Dmitry Kharitonchik, on behalf of Egypt.
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Remco, Emaar Alex partner to launch project in North Coast Egypt
The project, which will be fully executed by Remco’s staff, is expected to be completed within three years.
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Egypt's primary budget surplus records $5.3 bln in 2022/23
Egypt has achieved a primary budget surplus of EGP 164.3 billion ($5.3 billion) in FY 2022/2023, said the Ministry of Finance.
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Egypt studies building 3 new free zones
In July, the Egyptian government simplified the conditions for issuing licenses for private free zone projects by approving amendments to the investme
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Egypt Kuwait Holding opens new factories in Egypt with $46m of investments
Egypt Kuwait Holding Company (EKH) said it opened and developed factories in Egypt at an investment cost of EGP 1.4bn ($46m).
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A new specialized manufacturing zone in East Port Said designed to develop Egypt’s automotive industry
The East Port Said Automotive Zone (EPAZ) is one such hub that is designed to attract global automobile manufacturers.
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Tourism expert announces 35% increase in international trips to Marsa Alam
Ammari continued, “There are some countries who have vacations during the summer and love the beaches of Egypt and the Red Sea in particular.”
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French manufacturer Alstom announces EUR 300M to be invested in Egypt over the next 3 years
The two factories are said to produce electric and signaling systems and manufacturing parts for metro, highway rails, monorails, and railways.
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Egypt continues its ban on medical oxygen export
The minister said that the ban comes within the framework of the state’s comprehensive plan to protect citizens and provide needs of hospitals.
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New Agreement in Cairo to Implement Public Transport Pre-pay Tickets
This comes within the framework of the state’s plan towards digital transformation and the application of governance systems on all transactions.
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Philip Morris backtracks on decision to raise its cigarettes prices in Egypt
Philip Morris International has made a sudden U-turn on its plan to increase cigarette prices in Egypt, just hours after the initial announcement.
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Egypt Imposes “Export Fee” on Zinc Scrap
Zinc ore is of great industrial importance as an important element in supporting clean energy technologies such as solar energy and wind energy.
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EKHO announces new factory and production lines operation in Egypt worth $48 M in investment
Managing Director of EHKO, Sherif El Zayat, stated that the production capacity of the new factory is approximately 165,00 tons yearly.
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Egypt’s medical supplies, medicines surge 14% in 1H 2023
The Council seeks to increasemedical exports by 30% annually, in accordance with the Egyptian state’s plans to grow total exports to $100bn.
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Significantly more Edelweiss flights to Egypt in the winter flight schedule 2023/24
Edelweiss has announced an expansion of flights to Egypt, Spain, and other popular holiday destinations for the winter flight schedule of 2023/24.
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Egypt has one of the most dynamic growth rates in Africa
In embarking on its Vision 2030, aimed at inclusive sustainable development, Egypt prioritized digital transformation.
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Tourism Minister makes speech full of surprises at Egyptian-Canadian Business Council
The top priority is to achieve 18 million tourists next year, and exceed 20 million after that, to reach 30 million tourists.
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Transmar launches a New Reefer service: Connecting Egyptian Exporters to Yemen
Transmar, the region’s leading container shipping line, has announced the launch of a new service that connects Egyptian exporters out of Adabiya Port
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EgyptAir operates its first direct flight from Cairo to Manchester
EgyptAir operated its first Cairo-Manchester direct flight, carrying 120 passengers, on Saturday from Cairo International Airport.
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4mln landline customers with Telecom Egypt convert to prepaid billing system
The number of landline subscribers declined by 5.5% in March to 11.68 million in March compared to 12.36 million in February.