News
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Egypt’s dependence on fruit, vegetable and potato exports to Russia keeps growing
The share of the Russian market in the supply of fruits and vegetables from Egypt in January-September 2022 reached 34% for the first time.
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Vodafone Egypt is contributing to Egypt's 2030 Vision for sustainable development
He added that the company aims to employ modern technologies for the agricultural sector to save 18 bcm of water.
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Bank ABC Egypt targets new era of growth following completion of legal merger with BLOM Bank
The two banks have now become a single legal entity after receiving final regulatory approvals, including those of the Central Bank of Egypt.
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President El-Sisi Follows up on Engineering Authority Projects
the President was briefed on the developments of the Mokattam region, especially with regard to the efforts being made to make best use of the lands.
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United Oil & Gas completes drilling of ASW-1X exploration well
The ASW-1X well is located in the Abu Sennan license, onshore Egypt, where the company holds a 22% non-operating interest, and is operated by KEE.
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Egypt’s liquefied natural gas exports register 4.86 mln tons in Jan-Sept 2022
Egypt’s liquefied natural gas exports rose 35.7 percent year-on-year in the second quarter of 2022, recording 1.9 million tons.
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Egypt's IT offshoring and business services sector sees strong growth
The signing ceremony of 29 agreements with big IT offshoring and business process services providers was attended by Prime Minister Mostafa Madbouly.
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Hikma, Celltrion Healthcare sign up for anti-cancer drug
Celltrion Healthcare will handle the development, manufacturing and supply of Vegzelma and Hikma will handle the commercialization.
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Ducab powers giant wind farm as UAE-Egypt trade ties strengthen
The 70-turbine farm will cover an area of 57 sq km to make it one of the largest wind power plants in Egypt and will contribute 250MW of energy.
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Egypt’s central bank announces increase in its gold reserves
The Central Bank announced that the balance of foreign exchange reserves increased to $34.002 billion at the end of December 2022.
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Egypt plans to establish new industrial city including 400 factories
The government had received a request from the “El Sewedy Electric Group” to establish a new industrial zone in the “New October” city.
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Egypt, Serbia share strong relations in tourism sector
Issa met on Tuesday with a media delegation from Serbia, which includes a number of representatives of the major Serbian press and TV outlets.
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High demand on Egypt's first-ever online land allocation
Egypt's first-ever online allotment of land plots in new cities, which runs until February, is sparking widespread interest among the public.
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Egypt retrieves a 2,300-year-old sarcophagus from the United States
The coffin is known as The Green Coffin because of the green face above it.
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Egypt inaugurates the Middle East’s 1st Waste Water Treatment Plant
The plant aims to solve the waste water problem associated with drilling oil wells for the facilities that drain in the Gulf of Suez.
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Mobile internet users up by 12.5% in 2022 in Egypt
Egypt has seen a 12.5 percent increase in the number of mobile internet users up till the end of October 2022.
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New Valley: charming spot for health tourism In Egypt
A Spanish delegation consisting of 14 doctors in different specializations visited New Valley governorate to explore its potentials in health tourism.
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Egyptian Exchange achieved best performance among Arab exchanges in 2022
In 2022, EGX 30 hiked from 11,949.18 to 14,598.53 by the end of 2022.
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Egypt's potato exports to Russia grow by 25% in 2022
For the first time, Egypt achieved agricultural exports of 6.3 million tons.
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Egypt ranks 26th globally in international publishing for year 2021
The ranking is among 232 countries in the top 11.2% of the list of world countries for the year 2021.