News
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Air Arabia Egypt launches flights to Gizan in Saudi Arabia
The latest route to Gizan marks the eleventh destination that Air Arabia Egypt flies to.
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Customs exemption limit on new items raised for travelers
The Egyptian Minister of Finance, Mohamed Maait, amended the executive regulations of the Customs Law.
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Egypt’s balance of payments hits $523.5M surplus by end of September
The CBE attributed the surplus to the growing revenues of tourism, Suez Canal as well as petroleum and non-petroleum exports.
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HoR ratify document of Egypt's accession to Development Bank of "BRICS" Bloc
The BRICS group comprises the major emerging economies, namely Brazil, Russia, India, China, and South Africa. It is headquartered in Shanghai, China.
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Beko Egypt inks deal with Hassan Allam Construction to build plant in Egypt
The plant will strengthen Beko Egypt’s presence in the local market, offering it a variety of high-quality and innovative home appliances.
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Egypt, UAE probe means to cement healthcare cooperation
El-Sobky stressed that the GAH is keen to exchange expertise, develop healthcare systems and boost cooperation with different health institutions.
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Immigration Min. denies preventing Egyptians abroad from withdrawing foreign currency in local banks
Rumors of imposing customs on jewelry, personal jewelry, and personal electronic devices is unfounded: minister.
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4 Egyptian Restaurants Make it to MENA’s Top 50
The World’s 50 Best has released a 2023 list of the Middle East and North Africa’s most appreciated restaurants, with four Egyptian restaurants.
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Saudi Arabia’s Ma’aden to invest in Egyptian mining sector
Minister of Petroleum and Mineral Resources announced plans by Saudi Arabia’s state-owned mining firm, to invest in the mining sector.
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Egypt's current account deficit narrows by 20.2 percent in 1Q FY2022/2023
Egypt's balance of payments improved in the first quarter of the fiscal year.
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Egypt spends EGP 3.1bn in outdoor advertising
AdMazad conducts over 35,000 billboard audits across Greater Cairo, Alexandria
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Fake Nescafe production unit shut down in Egypt
A factory that was producing counterfeit copies of food giant Nestlé's Nescafe coffee products has been shuttered in Egypt by law enforcement.
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Egypt moves east
Al Ahram Weekly reports on the significance of President Al-Sisi’s recent visits to three Asian countries.
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Italy’s Eni announces 500th successful cargo from Damietta LNG plant in Egypt
Damietta LNG facility has produced and loaded its 500th shipment of liquefied natural gas since it began operations in 2005.
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Phlog Egypt launches its first e-photography platform that connects photographers with buyers
Phlog is the first online platform of its kind in Egypt.
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Egypt ramps up production of 28 m Swiftships boats
Egyptian Navy Shipyard (ENSY) is constructing sixteen new 28 meters coastal patrol boats in conjunction with United States’ Swiftships.
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IMF downgrades forecast for Egypt’s real GDP to 4% in FY 2022/23
The report showed that the country’s real GDP growth for FY 2023/2024 is projected to reach 5.3%.
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Iraqi NIC plans housing projects with Orascom
The Chairman of the National Investment Commission discussed on Tuesday a number of investment opportunities in the real-estate sector with OIH.
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Egypt to move three super-sized distillation towers to Western Desert to boost gas production
The move will boost the daily production capacity at the complex to 1.5 billion cubic feet.
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Egyptian pound slips further against US dollar to 30.3 on Thursday
Since March last year, the Egyptian pound lost almost 50 percent of its value against the US dollar.