News
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President Sisi urges for continued upgrade of electricity sector
President Sisi was also posted on the latest developments regarding power linkage projects with neighboring countries, including Saudi Arabia, Greece.
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SCZone Holds Talks with Major Investment Entities in Hong Kong
The conversation included strengthening cooperation between the two sides in logistics services that SCZone seeks to provide in its ports.
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Sovereign Fund of Egypt seeks stronger co-op with private sector in development efforts
Increasing the private sector’s participation is a state priority, the Sovereign Fund of Egypt (TSFE) head was reported by local media as saying.
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Shoukry probes with Slovenian FM over phone boosting bilateral cooperation
The two sides discussed vistas of bilateral cooperation between the two countries, said Spokesman for the Foreign Ministry Ahmed Abu Zeid.
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Hyatt Centric brand to debut in Egypt
The 283-key Hyatt Centric Cairo West will open in the capital’s Pyramids Heights Business Park.
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Viking Announces Additional sailings in Egypt
Set to debut in 2024, the Viking Hathor will join the company’s growing fleet of purpose-built ships on the Nile River.
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Will Egypt Join and Adapt BRICS Currency?
Egypt’s interest in the BRICS alliance has risen over the past two years. This is in part due to the speculations of a new currency.
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Fawry teams up with Infobip to boost electronic payment services
Fawry is an e-payment platform in Egypt, serving the banked and unbanked population.
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Wintershall Dea makes natural gas well discovery in Egypt
Wintershall Dea has partnered with the Egyptian Natural Gas Holding Company (EGAS) on the Disouq gas project.
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Egypt Gov't increases investment in green economy by 40%
Transitioning into a green economy is one of the main development issues adopted by the Egyptian government.
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Islamic banking accounts for approx. 5% of overall Egyptian banking sector, says EIFA
Egypt's banking market includes 14 banks authorized by the Central Bank of Egypt to offer Islamic products.
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Egypt and France discuss joint cooperation in the health sector
Egypt’s Minister of Health and Population, Khaled Abdel Ghaffar; met on Wednesday with the French Ambassador to Egypt, Marc Baretti.
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We aim to make Egypt regional, global destination for competence in communications: Talaat
The forum will start at the Institute’s headquarters at the Smart Village under the theme “Egypt Makes Electronics".
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Egypt signs three agreements with FAO to address water scarcity
Egypt's Ministry of Irrigation and Water Resources has signed three agreements with the UN Food and Agriculture Organization (FAO).
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Egypt to offer 1st package of water desalination projects in Q3
The country’s plan includes 29 water desalination projects.
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Egypt to establish pharmaceutical factory in Saudi Arabia at SAR155 mln
The Arab Contractors and Pharco Pharmaceuticals won a contract to establish a pharmaceutical factory in Saudi Arabia.
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Egypt: Elsewedy Electric’s consolidated profits jump to $102.5mln in Q1-23
Revenues hiked by 79.50% year-on-year (YoY)
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Banque du Caire’s net profit grows 29% to over EGP 1bn in 1Q 2023
Banque du Caire’s net profits recorded a remarkable growth of about 29% to EGP 1.036bn in the first quarter of 23, compared to EGP 804m during 1Q 22.
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Cyprus’ offshore Aphrodite gas field to be linked to Egypt: NewMed
Partners in the Aphrodite natural gas field including Israel’s NewMed Energy, have announced their intention to build a subsea pipeline.
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Egypt’s new membership in New Development Bank enhances south-south cooperation: Al-Mashat
Minister of International Cooperation Rania Al-Mashat said that Egypt is one of the most recent countries to join the New Development Bank (NDB).