News
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Egypt airports to replace paper landing cards with digital system
The move is aimed at accelerating passenger flow inside terminals, particularly during peak travel periods, and raising service quality.
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Egypt Plans Production of 15 Million Mobile Phones in 2026
Egypt is actively building human capital to support its ICT ambitions, aiming to train one million people in technology specialties by 2030.
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Silver Rises Locally and Globally on Escalating Geopolitical Tensions
Globally, silver prices rose on international exchanges, with the ounce increasing from $72 to about $76.30.
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Egypt rejects what it calls a “fantastic” Emirati offer
Egypt’s Holding Company for Maritime and Land Transport, announced its firm rejection of any offer aimed at selling its stake in ACCHC.
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FRA launches first register for tech-based risk assessment firms in non-banking finance
Such systems enable faster, data-driven decision-making and enhance risk evaluation processes across non-banking financial services.
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Egypt appoints Mohamed El-Gawsaky as new GAFI CEO
El-Gawsaky has more than 20 years of experience across the public and private sectors in the Middle East and North Africa.
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PM reviews efforts to hit 30-million-tourist milestone
Following the opening of the Grand Egyptian Museum (GEM), Egypt recorded a record 19 million tourist arrivals last in 2025.
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Egypt tops Africa in AI readiness, ranks 51st globally
Egypt tops Africa in AI readiness, climbing 14 places to 51st globally. A key signal for tech investment and public sector automation.
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Egypt’s public business sector revenues rise 20%, exports up 27% in FY24/25
The Ministry of Public Business Sector owns six holding companies that oversee 63 subsidiary firms. It also holds stakes in 106 other companies.
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Egypt Locks in $140m Funding to Kick-Start New Alamein Silicon Industry
Egypt secures $140m syndicated financing for a metallic silicon complex in New Alamein, targeting 45,000 tons annual production with Golden License.
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Egypt’s tourism hits record high in 2025 with 19 M visitors
Egypt achieves a historic tourism milestone with 19 million visitors in 2025, marking the strongest performance and a major revenue boost for sector.
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Egypt, Qatar sign LNG supply deal for Sokhna and Damietta ports
Egyptian Natural Gas Company and QatarEnergy finalize deal for LNG deliveries to Sokhna and Damietta ports, strengthening energy security.
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Egypt’s agricultural exports surpass 9 million tons in 2025
Egypt exports 9.2 million tons of agricultural products to 176 countries, penetrating new markets in the Philippines, Mexico, Venezuela, and Japan.
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Escrow accounts gain momentum as Egypt moves to enforce real estate discipline
Egypt accelerates escrow account enforcement for real estate projects, requiring 30% deposits and linking funds to construction milestones.
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Egypt cuts air shipment automation fees by $80 as ACI system becomes mandatory
Egypt slashes air cargo automation fees by 80% while implementing a mandatory ACI system, streamlining customs and boosting trade efficiency.
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Here is the maximum daily cash deposit limit for banks and ATMs in Egypt
The National Bank of Egypt raises the daily ATM cash deposit limit to LE 100,000 with a LE 500,000 monthly cap, easing business transactions.
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Egypt’s port sets guinness world record for deepest artificial basin
Egyptian port achieves Guinness World Record for deepest man-made harbor basin, enhancing maritime capacity and regional logistics competitiveness.
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Madbouly inspects Luxor healthcare facilities as Universal Insurance expands in Upper Egypt
The PM reviews EGP 13.5bn in healthcare investments in Luxor as Universal Health Insurance expands across Upper Egypt with 1.2m beneficiaries.
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Finance ministry launches magazine highlighting Egypt fiscal reforms, economic growth
Finance Ministry launches new publication highlighting Egypt's fiscal policy enhancements and economic growth support initiatives for stakeholders.
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Egypt receives $3.5 Bln in Samla, Alam Al-Roum development
Egypt receives $3.5bn from Qatari Diar for Northwest Coast development, part of a deal projected to generate a total of $5.3bn, including unit sales.