News
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Archaeologists uncover ancient sacred lake in Egypt
Discovery of a sacred lake at Karnak adds cultural value and tourism appeal.
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2,000-year-old mummy portrait looks way ahead of its time
A funerary portrait from Roman Egypt will go up for sale next week, featuring a strikingly modern-looking male subject with piercing hazel eyes.
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Egypt restarts sugar exports
The abundance of supply has eased earlier market tensions but created mounting challenges for producers struggling with high costs.
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Mobile prices surge across Egypt’s local market
Egypt's mobile phone prices jump 5-18% as major brands raise prices despite market stagnation following customs exemption cancellation for expats.
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Shipping start-up Bosta opens $5 mln sorting centre in Egypt
Egyptian shipping startup Bosta opens $5m (EGP 234m) automated sorting centre, the largest in Middle East, advancing logistics infrastructure.
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Gold pound holds near record highs in Egypt as Fed pauses, safe-haven demand lifts bullion
Gold pound surges to EGP 49,240 in Egypt, up EGP 325 since 2026 start, as global prices hit $4,600+ amid Fed independence concerns.
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Government-led digitization puts Egypt on Indian Zoho’s high-growth radar
Zoho Corporation CEO identifies Egypt as key growth market driven by government-led digital transformation accelerating tech adoption across sectors.
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Egypt’s Zilla Capital targets expansion in Morocco in 2026
Egyptian investment bank Zilla Capital plans Morocco expansion in H2 2026 with financial advisory services, awaits Saudi Arabia regulatory approval.
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Egyptian banks step up cyber security upgrades as deposits reach LE15.3tn
Egyptian banks increase cybersecurity investments amid record deposit growth, following Central Bank's Financial Cybersecurity Framework implementatio
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Egypt’s Gates Developments delivers Privé project early, targets 972 units in 2026
Gates Developments completes Privé project one year early, targets delivering 972 units in 2026 and plans two new projects in Sheikh Zayed.
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Egypt’s Madbouly inspects 430-bed university hospital and $41m industrial projects in Minya tour
PM Madbouly tours Minya inspecting 430-bed Triple University Hospital, $41m agricultural drying facility exporting 90% of 7,000-ton output.
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Egypt gives priority to addressing continental infrastructure finance as Sisi chairs HSGOC
Egypt prioritizes African infrastructure financing as Sisi chairs AUDA-NEPAD committee, leading Lake Victoria-Mediterranean connectivity project.
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Egyptian-Greek partnership targets European markets through new handicrafts deal
Egypt and Greece sign MoU on creative industries cooperation, aiming to access European markets through joint handicraft production and exhibitions.
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Egypt reports 210,000 tons of food exports in mid-January
Citrus fruit represented the largest share at 67,000 tons, followed by strawberries at approximately 8,000 tons.
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Cairo introduces colour-coded zoning to regulate residential rents
A new decision classifies Cairo’s residential rental areas into three categories to standardise landlord–tenant relations.
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Egypt among the top 10 tourist destinations for 2026: Report
Egypt has become a must-visit tourist destination this year, especially following the official opening of the Grand Egyptian Museum on November 1.
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Badawi Discusses Mining Cooperation with Baker Hughes
The company reaffirmed its commitment to working with the Mineral Resources and Mining Industries Authority (MRMIA).
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OPPO opens new Experience & Service Store in Tanta
This milestone forms part of OPPO’s broader retail expansion strategy across Alexandria, the Delta region, and Upper Egypt.
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Egypt, Polar Hydro ink major deal for solid waste management and treatment project in Giza
The 714-acre facility will treat waste from districts and villages in Giza that could reach at least 5,000 tons per day.
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Technip Energies and two Egyptian firms laying the groundwork to set up new player
Enppi and Petrojet, are to execute major projects and export engineering and contracting services.