News
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Bold Brand rolls out AI-powered marketing services in Egypt, Saudi Arabia
The solutions are designed to enhance marketing efficiency, optimise operational performance, and improve customer experience.
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Egypt hits record 19 million tourists in 2025
This performance represents a 21% year-on-year increase, placing Egypt second globally for growth in tourist arrivals, trailing only Brazil.
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Egypt : $11 billion in FDI in 2025, Africa’s leading destination
With $11 billion in foreign direct investment (FDI) in 2025, Egypt ranked as Africa’s top FDI destination for the fourth consecutive year.
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China's Sany in talks to build wind turbine factory in Egypt
The government is seeking to support local manufacturing, reduce reliance on imports and promote the use of locally produced equipment.
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Egypt ranks first in Africa in government AI readiness index
The result comes amid sustained work to establish a comprehensive policy framework that promotes the responsible, effective and ethical use of AI.
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UAE ranks among top 10 markets for Egyptian processed food exports, reaching $196m
With exports valued at $196m in 2024, this reflects the growing presence and competitiveness of Egyptian food manufacturers in Gulf markets.
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ELITE Solar Commissions 5GW Integrated Solar Manufacturing Facility in Egypt, Expanding Global Supply Capacity
ELITE Solar launches a 5 GW solar facility in the Suez Economic Zone with 2 GW cell and 3 GW module capacity; Egypt PM attends commissioning ceremony.
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Egypt stocks hit record highs as market cap tops LE3.15 trillion
The Egyptian stock market soars to a record LE3.15 trillion market cap, up LE180 bil weekly, driven by 7.19% EGX30 jump and strong investor sentiment.
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Egypt’s BOP deficit widens 61.4% to $1.6 bln in Q1 FY25/26
Egypt's balance of payments deficit widens 61.4% to $1.6bn in Q1 FY2025/26, though increased remittances, tourism, Suez revenues contain the shortfall
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Foreign investors make LE3 billion net purchases on Egyptian Exchange
Foreign investors lead LE3.04bn in net purchases on the Egyptian Exchange in 2026, fueling index recovery with 11% year-to-date gains for EGX30.
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Africa FDI drops one-third in 2025 despite Egypt’s resilience as top host
Africa FDI plunges 33% in 2025, but Egypt retains top position, attracting $11bn despite the continental downturn, UNCTAD reports reveal.
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Egypt Eyes $12 Billion India Trade
Egypt targets doubling bilateral trade with India to $12bn from the current $5bn, with Indian investments expected to exceed $10bn, ambassador says.
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Egypt, Libya sign MoUs to exchange expertise in petroleum, gas, and mining
Egypt signs a memorandum of understanding with Libya to exchange expertise in the petroleum, gas, and mining sectors, Petroleum Ministry announces.
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US imposes tariffs on rebar imports from Egypt
US Commerce Department imposes 29.51% countervailing duty on Egyptian steel rebar imports following preliminary unfair subsidy findings in 2024 review
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10 years on, Suez flagship project becomes model for Global South partnership
China-Egypt TEDA Suez zone celebrates 10-year milestone hosting 200 companies, $3.8bn investment, 10,000 jobs, expanding additional 2.86 sq km.
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Protecting coastal waters remains a national priority, says Egypt’s acting Environment Minister
Egypt continues coastal water quality monitoring across Mediterranean, Red Sea, and national lakes via programs running since 1998, ministry confirms.
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Producers call for an export lifeline as chicken prices dip below cost
The EPA has submitted an urgent memo to the Agriculture Ministry calling for an immediate push to open export markets in seven African nations.
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Transport Ministry preps tender for USD 380 mn Semla-Salloum Railway
The rail project has been in the pipeline since 2023, when it was originally included in the government’s transport and road network plans
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Cabinet Grants Lands for Green Hydrogen Projects in Red Sea
Egypt is doing efforts to diversify energy sources and shift towards a low-carbon economy as part of its National Low-Carbon Hydrogen Strategy.
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Watch IT announces first international original series made in Egypt
The series reflects Watch IT’s strategic focus on elevating regional storytelling through world-class production values.