News
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Shipping start-up Bosta opens $5 mln sorting centre in Egypt
Egyptian shipping and delivery start-up Bosta has inaugurated a $5 million automated sorting centre, making it the largest of its kind in the ME.
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Egypt’s new capital gets its first international flight link
Flights are the latest bid to increase access to the showpiece New Administrative Capital, which has been taking shape about 30 miles east of Cairo.
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'Egyptian real estate prices won’t decrease any time soon': Hisham Talaat Moustafa
Prices in Egypt’s real estate sector won’t be affected negatively by global economic fluctuations, geopolitical conflicts, and soaring gold prices.
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Egypt Government Centers AI Agenda with Inaugural Ai Everything Summit
The summit positions Cairo as a regional hub for innovation and a bridge connecting Africa, the Middle East, and global technology ecosystems.
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Why Is Gold Continuing to Decline?
Gold extended its losses following its biggest drop in more than a decade last Friday, while silver has erased its gains.
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EBRD to advance secure and sustainable water supply in Egypt through desalination
The EBRD is providing a loan of EGP 350 million to Ridgewood for Water Desalination, a Hassan Allam Utilities company, in Egypt.
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Egypt's private sector secured $2.9 billion in financing in 2025
This brings the total financing mobilized for the private sector to around $17 billion (about EGP 800 billion) since 2020.
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EgyptAir plans expansion in 2026 to 85 destinations
EgyptAir has unveiled its new plan for 2026, which includes expanding its network and opening new direct international routes.
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Egypt to Regulate Social Media Platforms to Protect Children
Egypt's framework would require digital platforms to strengthen online safety standards and adopt proactive measures to safeguard minors.
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Philip Morris Egypt announces new prices for cigarettes and heated tobacco products
Philip Morris Egypt has announced a new price list for all its heated tobacco products, including HEETS and TEREA, as well as traditional cigarettes.
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Locally Manufactured Smartphone Prices Rise in Egypt
Smartphones manufactured in Egypt have seen noticeable price increases in recent weeks, rising by an estimated 5 percent to 15 percent.
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Moroccan Proptech Yakeey Raises $15M Led by Egypt's Beltone VC
Moroccan proptech Yakeey raises a $15M Series A led by Egypt’s Beltone VC, signaling strong regional VC appetite for digital real estate platforms.
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Suez Canal tax receipts up 31.3% to LE55.6bn in first half of FY2025/26, MoF report shows
Suez Canal tax revenues jump 31.3% to LE55.6bn, highlighting fiscal recovery and the canal’s renewed importance to Egypt’s trade economy.
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CBE launches contactless electronic payment service on smart devices
Egypt’s Central Bank rolls out SoftPOS contactless payments, accelerating cashless transactions and opening opportunities for fintech and merchants.
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Egypt achieved unprecedented leap in localizing food industries
Egypt advances food industry localization to cut imports, boost exports, and attract investment into agro-processing and food manufacturing.
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Egypt’s FM hosts African Union representatives to discuss trade corridors and regional stability
Egypt and the AU discuss regional trade corridors and stability, signaling long-term logistics, infrastructure, and cross-border trade potential.
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Oman, Egypt discuss defence cooperation
Egypt and Oman explore defense cooperation, strengthening strategic ties with indirect implications for manufacturing and security services.
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Gold prices fall sharply in Egypt as global markets retreat from record highs
Gold prices in Egypt drop as global markets retreat from record highs, affecting investor behavior, savings trends, and commodity strategies.
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Qatar approves three Egyptian universities for postgraduate study abroad
Qatar approves three Egyptian universities for postgraduate study, supporting talent mobility and education-linked services.
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Egypt and Rwanda agree executive action plan for water management projects
Egypt and Rwanda sign an executive plan for water and irrigation projects, opening doors for infrastructure firms and water-tech providers.