News
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Recovery signs for Egyptian pound and stock market amid economic challenges
The potential for another tariff increase by the US government tomorrow has further heightened uncertainty.
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Edita to pay $15.6mln dividends for 2024
Edita will pay out a dividend of EGP 1.14 per share over two installments, according to a bourse filing.
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Egypt, France sign nearly $7.7B deal to develop green hydrogen plant
The agreement was signed during French President Emmanuel Macron's visit to Egypt.
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Egypt Secures €131.5 Million in European-Funded Deals to Boost Wastewater Infrastructure
The funding will support the construction of a new wastewater treatment plant in East Alexandria.
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Egypt, France elevate relations to strategic partnership
The two presidents held a bilateral meeting, followed by extensive high-level talks between the delegations of both countries.
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Egypt Aims For $145 Billion In Exports By 2030
The government unveils new strategies to enhance competitiveness and diversify markets for Egyptian products.
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e& Egypt Launched Instant International Money Transfer Service
The cash wallet works with just one click. This process will not need to visit branches or intermediary companies.
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Cairo hosts Egyptian-French Business Forum
Egypt attracted $46.6 billion in foreign direct investment in 2024, a clear indication of growing international confidence in the Egyptian economy.
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Most Egyptian packing houses decide to suspend citrus packing
Profound changes are affecting the Egyptian citrus industry this season, culminating in the complete shutdown of fresh citrus packing,
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What Do Trump’s Tariffs Mean for Egypt?
Trump signed an executive order that introduced higher tariffs on countries accused by the U.S. of imposing greater taxes on American products.
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Egyptian inflation seen edging down to 12.6% in March
The median forecast of 14 analysts polled by Reuters was for annual urban consumer inflation to have slipped to 12.6% in March from 12.8% in February.
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French investments in Egypt exceed $7 bln during Macron visit
French investments in Egypt have exceeded $7 billion, making France one of the country’s key partners and creating over 50,000 jobs.
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How Egypt’s Coast Became a Remote Work Hotspot
In Egypt, coastal towns like Dahab and Hurghada have transformed into thriving remote work havens.
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Mastercard, PayTabs partner to enhance digital payment solutions for Egypt SMEs
According to the statement, it will also allow merchants to generate payment links quickly, reducing the time and effort required.
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Egypt’s Dabaa Nuclear Plant to Be World’s Largest by 2030
Rosatom’s Dabaa project will house four 1,200 MW reactors by 2030, Africa’s largest nuclear build, creating 40,000 jobs.
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Transport Ministry offers investment opportunities in 4 dry ports
Egypt’s Transport Ministry invites investors to develop four strategic dry ports—Sadat, Borg El Arab, Sohag, and Abu Simbel—streamlining logistics.
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Egypt, Seychelles expand health cooperation with focus on training, medical support
Egypt’s Health Minister and Seychelles’ FM agree on joint medical training, patient referrals and expert exchanges to bolster Seychelles’ healthcare.
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Egypt takes aim at overpopulation by building new cities
NZZ reports Egypt is launching satellite cities with modern infrastructure and developer incentives to relieve Cairo’s overcrowding.
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Housing Minister reviews progress of Marina 8, New Marina developments in North Coast
Egypt’s Housing Minister inspects Marina 8 flagship village (917 units) and New Marina lake projects, spotlighting coastal resort infrastructure.
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Recruitment of skilled workers - Kretschmer travels to Cairo
Saxony’s PM Kretschmer heads to Cairo to recruit Egyptian skilled workers, open the new Saxony‑Egypt University and boost bilateral workforce ties.