News
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Egypt plans to connect Sudan with high-speed rail link
A $2.5 million feasibility study for the 80-kilometre line between the southern Egyptian city and Wadi Halfa in northern Sudan.
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Amazon.eg announces the ‘Ramadan sale’
Savings up to 50%, added value benefits for prime members, and ways to support the community.
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Belarus, Egypt intend to cooperate in water purification, prevention of desertification
The NASB delegation led by First Deputy Chairman of the NASB Presidium Sergei Chizhik visited Egypt to explore the prospects for cooperation.
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Egyptian designer creates new exquisite uniform for EgyptAir flight attendants in pharaonic style
Egyptian designer Ehab Ahmed Tawfik has created a new uniform for EgyptAir flight attendants with pharaonic features.
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Egypt, UAE to jointly support global climate action at COP28
Egypt is calling on Arab countries to strengthen their collective action to address these challenges.
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Egypt leads African smartphone decline
The largest decline was seen in Egypt where shipments plunged 56.2% year-on-year in the quarter, due to new import.
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Egypt’s SCZONE, Abu Dhabi Ports Group discuss bolstering cooperation
The meeting tackled the SCZONE’s infrastructure, utilities, and investment incentives.
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Abu Dhabi-based Rotana plans to open six hotels in Egypt
Currently, Rotana operates 72 hotels in the Middle East, Africa, Eastern Europe and Turkey, including 36 hotels in the UAE.
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Granted consumer financing hits LE 29.8B during 2022
The value of advertisements on movable assets since March 2018 until the end of 2022 amounted to LE 1.8 trillion.
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Egypt's 1Q Corn Imports Fell 54%
Corn imports in the first quarter of 2022-23 is the lowest since the 2008-09 marketing year, it said.
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Egypt’s annual inflation soars to 31.9 % in February
The CBE is projected to expand in its monetary tightening policy through introducing more hikes in key interest rates.
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Egypt's FRA studies applying Basel 3 standards at financial sector companies
Farid stressed that it includes the application of international standards in the process of financial stability of companies.
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Nokia lands African deals for iSIM, AVA software for Egypt smart city
Nokia was selected by the Egyptian government to deliver a wide range of retail and wholesale services for the New Administrative Capital city.
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Energean’s NEA/NI offshore gas project in Egypt now online
Gas is being produced from the NEA#6 well, with the remaining three wells expected to be brought online during 2023.
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Egypt to establish partnerships with private sector in pharmaceuticals
Egypt is currently under a $3 billion deal loan with the IMF extending through FY2025/2026.
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2023 Flower Show Exhibitors at Orman Garden to continue until end of Ramadan
The Ministry of Agriculture and Land Reclamation launched at the Orman Garden in mid-February, the 90th edition of the Flower Show Exhibitors.
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Egyptian seaport ready to receive equipment for El-Dabaa NPP
The El-Dabaa NPP will comprise four units with generation III+ VVER-1200 pressurised water reactors.
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Mountain View participates in MIPIM exhibition the world's leading real estate market event
Mountain View’s participation for the second year in a row affirms the company’s eagerness to partake in the most renowned international exhibitions.
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Egypt seeks to issue title deed insurance policy to motivate foreigners to buy real estate
Farid affirmed, during a press conference held, Thursday, that this document will help motivate non-Egyptians to buy Egyptian real estate.
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EGP flotation benefits Egyptian economy: Prime Minister
Meanwhile, he asserted Egypt’s commitment to adopting a flexible exchange rate for the sake of Egyptian economic growth.