News
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Egypt's Health Ministry to launch new initiative screening for different types of cancer
The campaign will screen for prostate, lung, cervix and colon cancer soon, as the minister stressed.
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President El-Sisi Meets Prime Minister, Minister of Housing, Utilities and Urban Communities
President El-Sisi was briefed on the progress of the Julius Nyerere Dam for hydropower generation in Tanzania.
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Suez Canal records highest-ever monthly revenues in March
In the first quarter (Q1) of 2023, the canal’s total revenues jumped by 40.6% to $2.382 billion.
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Supply Ministry Offers 110,000 Tons of Yellow Corn on Egyptian Mercantile Exchange
The Ministry of Supply aims to offer 110,000 tons of yellow corn, imported from Romania, on the Egyptian Mercantile Exchange (EMX).
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Egypt exported a record volume of potatoes to Southeast Asia in 2022
Indonesia remained the main destination for their supply, and exports more than doubled last year.
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Egypt to offer assets on Nile River banks for private investment
The company will revamp the complex at LE800 million, as well as pay a fixed annual rent, and a share of profits to TSFE.
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Nigeria, South Africa, Egypt slowing regional growth, says World Bank
The underperformance of Nigeria, South Africa, Egypt and other African big economies is slowing down the continent’s economic growth.
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Abu Simbel int’l airport receives 1st EgyptAir flight from Spain
Abu Simbel International Airport on Friday received the first EgyptAir flight from Spain with 140 Spanish tourists on board.
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e-finance signs deal with Saudi Thiqah to expand business in Egypt
This cooperation will build on expanding e-finance’s horizons in international markets.
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Egypt is looking to obtain international license for exporting recycled products
The approval of exporting these products requires obtaining a license from one of the internationally accredited bodies.
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Egypt will host the International Pentathlon Hockey Championship October 2023
Egypt will host the International Pentathlon Hockey Championship on 20 and 21 October 2023.
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Cabinet: 120,000 complaints filed during March
This came within the framework of the premier’s efforts under the unified governmental complaints mechanism in various Egyptian governorates.
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Egypt’s President Sisi inspects number of construction projects in Giza
The president added that these projects save time, effort, fuel, and cost wasted in the process of movement and transportation.
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IDH’s consolidated profits drops 62% YoY in 2022: Egypt
Revenues recorded EGP 3.61 billion last year, down from EGP 5.22 billion in the prior year.
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China intensifies tech war with US with $500m subsea internet cable
The cable would connect Hong Kong to the Chinese province of Hainan before making its way to Singapore, Pakistan, Saudi Arabia, Egypt, and France.
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President Sisi says Egypt, WHO have fruitful record of cooperation
This was on the occasion of the 75th anniversary of the founding of the World Health Organization [WHO].
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10 Wind MoUs Signed by Egypt in 2022/23
Egypt is anticipated to become a leading wind energy market owing to a series of GW-scale wind and green hydrogen developments underway.
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Two global firms eye building nuclear reactors in Egypt
An American company and a Russia-based firm are intending to submit their offers in Egypt for the establishment of nuclear reactors.
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Egypt's exports to Cyprus surge by 68.8% in 2022
Egypt's exports to Cyprus increased to $76 million in 2022, up from $45 million in 2021, marking a hike of 68.8 percent.
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VC Firm Launches $16m Fund Focused on Egypt’s Fintech Startup Ecosystem
Camel Ventures is backed by institutions in the fintech space and the financial services arena in Egypt – dfin Holding and Al Ahly Capital Holding.