News
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Egypt discovers major prehistoric rock art site in South Sinai
Umm Arak Plateau reveals 10,000-year rock art spanning prehistoric to Islamic periods, creating new open-air museum opportunity in South Sinai.
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Planning, finance ministers coordinate on FY2026/27 investment plan, state budget
Ministers prioritize human development and public services while enhancing spending efficiency for Egypt's 2026/27 fiscal year investment strategy.
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5,300-year-old 'bow drill' rewrites story of ancient Egyptian tools
Researchers found the tool shows distinctive wear consistent with drilling: fine striations, rounded edges, and a slight curvature at the working end.
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El Gouna Film Festival 2026 will take place October 15th to 23rd
For the past nine years, the festival has brought together both short and feature films from across the globe to El Gouna.
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AI Everything 2026 kicks off in Cairo
Under the patronage of President Abdel-Fattah El-Sisi, the two-day AI Everything MEA Egypt 2026 opened in Cairo on Wednesday.
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FRA mandates consumer finance firms to insure clients against death, permanent disability
The decision also permits coverage for clients over 65, subject to agreement between the insurance company and the consumer finance provider.
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Mandarin Oriental to add two hotels, luxury Nile cruise in Egypt
In Aswan, Mandarin Oriental will assume management of the historic Old Cataract hotel beginning in May 2026.
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Suez Canal Records Revenue Gains as Global Shipping Gradually Recovers
The number of transiting vessels increased by 5.8 percent compared with the same period a year earlier, while dollar revenues rose by 22 percent.
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Egypt, Kuwait discuss strengthening tourism cooperation
Fathi expressed his sincere appreciation for the warm reception and the strong organisation of the 52nd session of the UN Tourism Regional Commission
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SCZone Signs $2 Million “Gheras Misr” Fertilizer, Agrochemicals Project in Sokhna
Spanning 15,000 square meters, the project will be implemented with Egyptian investments totaling $2 million (approximately EGP 94 million).
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AdMazad reports Egypt OOH spend hits EGP 12.7bln in 2025
Expenditure surged by 60 percent in 2025 to reach EGP 12.7 billion, according to AdMazad’s sixth Annual State of the Outdoor Advertising Market Report
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ARCIUS Energy Unveils Five-Year Investment Program in Egypt
At the end of 2025, Badawi revealed that Arcius Energy plans to invest $3.7 billion over the next five years.
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Egypt faces water scarcity challenges
The minister pointed out that the country depends almost entirely on the Nile River, which provides 98% of its water resources.
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Egypt explores healthcare cooperation with Türkiye
El-Sobky reviewed innovations showcased at the pavilion, including digital health solutions, advanced diagnostic systems, and medical imaging.
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Who Are Egypt’s New Ministers?
Egypt’s House of Representatives today approved a major cabinet reshuffle proposed by President Abdel Fattah Al-Sisi.
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Rolls-Royce powers EgyptAir’s long-haul fleet expansion with first Airbus A350-900 delivery
The aircraft is the first of 16 A350-900s ordered by EgyptAir and is set to play a central role in expanding the airline’s international network.
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Private players move faster than public infrastructure to power the desert via off-grid renewables
Engazaat aims to deploy up to USD 250 mn in off-grid water and energy assets, using zero-capex, pay-as-you-go models to unlock desert agriculture.
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Egypt to host first sodium cyanide manufacturing plant
Production is scheduled in 2028, following completion of the first of three planned phases. Sodium cyanide is primarily used in gold extraction.
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Egypt's core inflation drops to 11.2% in January 2026
On a monthly basis, inflation in urban areas rose to 1.2 percent in January, compared to just 0.2 percent in December.
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Egypt Pushes IOCs to Double Gas Output by 2030
Egypt is pressing international oil companies to sharply increase gas production by 2030, signaling potential contract revisions.