News
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Economy shows significant improvement in first 8Ms of FY2024
Kouchouk emphasized that the Egyptian government is focused on reforming its financial policies to better support private sector growth and stability.
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Eni to invest 24 billion euros in Egypt, Libya and Algeria
The company owns several concession areas across the Gulf of Suez, the Nile Delta and the Western Desert, and is the main operator at the Zohr.
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SIG and partners collaborate on beverage carton recycling solution in Egypt
According to SIG, at present there is no formalized system for waste collection and recycling in Egypt.
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Egypt powers a new era of urbanization with massive construction projects
Egypt fast-tracks urban expansion with major projects in New Alamein, Ras El Hekma, Dabaa and Marina, aiming to transform its Mediterranean coastline.
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Recovery signs for Egyptian pound and stock market amid economic challenges
The potential for another tariff increase by the US government tomorrow has further heightened uncertainty.
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Edita to pay $15.6mln dividends for 2024
Edita will pay out a dividend of EGP 1.14 per share over two installments, according to a bourse filing.
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Egypt, France sign nearly $7.7B deal to develop green hydrogen plant
The agreement was signed during French President Emmanuel Macron's visit to Egypt.
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Egypt Secures €131.5 Million in European-Funded Deals to Boost Wastewater Infrastructure
The funding will support the construction of a new wastewater treatment plant in East Alexandria.
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Egypt, France elevate relations to strategic partnership
The two presidents held a bilateral meeting, followed by extensive high-level talks between the delegations of both countries.
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Egypt Aims For $145 Billion In Exports By 2030
The government unveils new strategies to enhance competitiveness and diversify markets for Egyptian products.
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e& Egypt Launched Instant International Money Transfer Service
The cash wallet works with just one click. This process will not need to visit branches or intermediary companies.
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Cairo hosts Egyptian-French Business Forum
Egypt attracted $46.6 billion in foreign direct investment in 2024, a clear indication of growing international confidence in the Egyptian economy.
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Most Egyptian packing houses decide to suspend citrus packing
Profound changes are affecting the Egyptian citrus industry this season, culminating in the complete shutdown of fresh citrus packing,
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What Do Trump’s Tariffs Mean for Egypt?
Trump signed an executive order that introduced higher tariffs on countries accused by the U.S. of imposing greater taxes on American products.
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Egyptian inflation seen edging down to 12.6% in March
The median forecast of 14 analysts polled by Reuters was for annual urban consumer inflation to have slipped to 12.6% in March from 12.8% in February.
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French investments in Egypt exceed $7 bln during Macron visit
French investments in Egypt have exceeded $7 billion, making France one of the country’s key partners and creating over 50,000 jobs.
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How Egypt’s Coast Became a Remote Work Hotspot
In Egypt, coastal towns like Dahab and Hurghada have transformed into thriving remote work havens.
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Mastercard, PayTabs partner to enhance digital payment solutions for Egypt SMEs
According to the statement, it will also allow merchants to generate payment links quickly, reducing the time and effort required.
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Egypt’s Dabaa Nuclear Plant to Be World’s Largest by 2030
Rosatom’s Dabaa project will house four 1,200 MW reactors by 2030, Africa’s largest nuclear build, creating 40,000 jobs.
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Transport Ministry offers investment opportunities in 4 dry ports
Egypt’s Transport Ministry invites investors to develop four strategic dry ports—Sadat, Borg El Arab, Sohag, and Abu Simbel—streamlining logistics.