News
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Trial operation of Kafr El Dawar bridge kicks off on Cairo-Alex road
The 625-meter length and 24-meter width bridge contributes to easing traffic jam on the agricultural road.
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Revenues of the public budget grew by 14.6 % over 6 months of fiscal year
The state’s general budget achieved a primary surplus of EGP 25.5 billion during the period from July to December of the fiscal year 2022/2023.
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How deep are Egypt's economic troubles?
Some of the causes date back decades, such as failed industrial development and export policies that created a persistent trade deficit.
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Citizens can only buy a maximum of 2 frozen chicken in Fayoum
All basic commodities are available at the outlets, including oil, sugar and rice, in addition to 32 types of subsidized commodities.
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EgyptAir first African airliner to include airbus a321neo
The new aircraft from Hamburg, Germany, arrived at Cairo International Airport, said the Ministry of Civil Aviation.
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Egypt ready to develop relations with Denmark
Shoukry made the remarks during a meeting with his Danish counterpart Lars Rasmussen on the sidelines of the eighth edition of the Raisina Dialogue.
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Saudi Arabia’s Bahri inks deal with Egypt’s Suez Canal Authority
Bahri's profits grew by more than five times last year to exceed one billion riyals ($266.5 million).
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Sisi decision to up cash assistance paid to beneficiaries of “Takaful & Karama” widely welcomed
El Sisi decided to increase by 25 percent the financial assistance paid to beneficiaries of the “Takaful & Karama” as of April 1.
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Egpc launches international bid round for brownfields in gulf of Suez, Eastern desert
The bid round includes eight producing fields. This is done for the first time after studies confirmed that there are quantities of crude oil there.
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International chamber of shipping and suez canal authority commit to continue open communication
The agreement was initially signed in May 2022 to increase information sharing and negotiations on the movement of global trade through the Canal.
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Egypt looks forward to boosting water management cooperation with the Netherlands
Egypt and Netherlands discussed water management and agriculture, two crucial sectors with promising opportunities for both countries.
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FM highlights broad horizons of regional cooperation
Shoukry also met with the general director of the International Solar Alliance to probe issues on green hydrogen and means to fund renewable energy.
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Global Environment Facility supports Egypt with $9.13mln grant
The Minister of Environment highlighted the importance of this grant at a time when the need for health and electronic waste management is increasing.
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Al-Sisi announces raising minimum wage, pensions
President Al-Sisi also said that income tax exemption was raised to EGP 30,000 annually, up from EGP 24,000.
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Fuel prices will rise in Egypt as of Thursday
The committee follows up and implements the involuntary pricing for petroleum products on a quarterly basis.
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Egypt’s auto sales drop 75% YoY in January
Sales of passenger cars fell 79.7% YoY to 3,430 units from 16,890 units
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Egypt's net foreign assets decline by $1.7 billion in January
NFAs deteriorated to a negative 654.43 billion Egyptian pounds.
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Fawry to integrate existing POS solution with Syrve systems
Fawry announces partnership with Syrve to provide a one-stop restaurant management solution in Egypt
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Egypt aims to boost tourism by 30% per year by bringing in private firms
Egypt plans to boost tourism by up to 30% a year over the next five years
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Edita doubles its annual profits to over EGP1bn in 2022
The profits of Edita Food Industries increased by 93% to EGP 1.02bn in 2022, compared to EGP 528.8m in 2021.