News
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Shell, partners sign agreement to develop 10th phase of Egyptian Mediterranean gas concession
Shell's Egypt unit, BG Delta Limited, and its partners signed an agreement with two Egyptian state-owned energy companies and Malaysia's Petronas.
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UAE jobs: Pakistan, India, Egypt, Jordan to be most affected by AI automation
Companies in the UAE and other Gulf countries are also increasingly deploying AI to automate many roles.
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Maait orders easing measures for electronically linking Nafeza, e-bills for taxes
Maait said it was decided that a permit period will be granted to emergency import cases to adjust their conditions till August 1.
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National family development project boosts inclusive economic growth and alleviates poverty
The funding is set to expand opportunities for women-owned micro-projects in various productive, commercial, service, handcraft, and heritage sectors.
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SCA Chairman Inspects Solid, Liquid Waste Recycling Factory in Greece
The inspection tour included waste recycling facilities and laboratories at the Antipollution plant.
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Egypt approves $308m Japanese loan for Cairo Metro’s 4th line
The agreement was signed on Dec. 26, 2022, and the parliament approved the loan agreement in April 2023.
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Egyptian agricultural exports witness robust growth in first half of 2023
Mr. Al-Quseir also noted that for the first time, Egyptian citrus exports have reached one million and 900 thousand tons.
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‘Color festival’ draws tourists to Egypt’s Marsa Alam beaches
More than 6,000 tourists, many from European countries, joined in celebrations to launch a “color festival” on the beaches of Marsa Alam in Egypt.
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Vietnam, Egypt aim to raise two-way trade to 1 billion USD
Foreign Minister Bui Thanh Son hosted a reception for Egyptian Ambassador to Vietnam Amal Abdel Kader Elmorsi Salama in Hanoi on July 7.
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UNCTAD: Egypt 1st Investment Destination in Africa
This came in the report published by the Media Centre of the Council of Ministers that included infographics highlighting UNCTAD's report.
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Foreign exchange reserves increase to US$34.806 billion: Central Bank of Egypt
The CBE said that the value of foreign currencies included in the cash reserve rose to $27.044 billion at the end of June, compared to $26.686 billion
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Egypt's gov't directs investments of LE 71.4 bln to Upper Egypt's development
Egyptian government directed investments to the Upper Egypt regions, estimated at 71.4 billion pounds to develop the governorates of Upper Egypt.
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Shell to begin drilling offshore Egypt this year
Subject to regulatory approvals, drilling activities are expected to commence in late 2023 when the rig arrives at the location.
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TRA opens first scope review on glass fibre from Egypt
A scope review looks at whether an existing trade remedy measure’s scope is still appropriate.
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Turkish firms eyeing opportunities in Egypt
Turkish companies are exploring investment opportunities in Egypt as the two countries are taking steps to improve strained relations.
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EasyJet to launch new flights from Glasgow Airport to Egypt later this year
The budget airline has announced flights to Egypt’s scuba diving hotspot Hurghada will be running twice a week from November.
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Illegal table grapes from Egypt seized and destroyed by Italian authorities
Grapa Varieties, successfully uncovered and halted the illegal shipment from Egypt to Italy, of their proprietary white seedless grape variety.
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Masdar enters new partnership for Egyptian wind project
The landmark wind project will produce 47 790 GWh/y of clean energy per year and reduce around 9% of Egypt’s annual carbon emissions.
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Arab Organization for Agricultural Development seeks Egypt support for Lebanese fish farms
Egypt ranks first in Africa in fish farming and sixth in the world in the field.
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Afriexim Bank: Egypt's Accession to African Payments System Boosts Import in Local Currency
Egyptian companies have an opportunity to capitalize on infrastructure projects in Africa that need more than $60 billion in funding.