News
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Honeywell develops first chemical recycling facility in Egypt
The MoU enables Environ to conduct a project feasibility study to explore trends, feedstock availability and potential markets.
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Russians to pay pyramids tickets in ruble soon
A ticket that allows entry to the pyramid of Khufu is for LE600 ($25).
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Hassan Allam inaugurates seawater desalination plant
The desalination plant is part of Egypt’s national strategy to increase the accessibility of drinking water throughout the country.
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Cloud4C sets up new in-country cloud data center in Egypt
The new in-country cloud data center in the Arab Republic of Egypt in collaboration with Telecom Egypt, the country's primary telecom provider.
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Russian market harder to access for Egyptian citrus exporters
The world's largest citrus exporter, Egypt, has seen a large increase in volumes this season.
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Ration cards for rice in Egypt sufficient for 6.6 months
Moselhy added that the strategic stock of ration wheat is enough for five months and the ration sugar is enough for 3.8 months.
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Egypt's Tatweer Misr launches Rivers project in New Zayed
The project consists of more than 700 villa residential units, will start in 2025 and complete in 2027.
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German Condor starts operating regular flights to Sphinx Airport in March 2023
Sphinx International Airport started from Saturday to receive private flights from Paris, London, Dubai, Brussels, Istanbul, and other capitals.
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Brito, Egyptian cloud kitchen, raises $1.25 million to scale across Egypt
Brito Cloud Kitchens owns and operates a series of smartly distributed, and fully operated Cloud Kitchens all over Egypt.
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Reduced subsidies, a burden on property developers
The decision, however, stipulates that the Ministry of Housing, Utilities, and Urban Communities would support the interest difference.
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El Molla: 14M households connected to natural gas
This development serves over 60 million citizens in these units and saves about 250 million gas cylinders annually.
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Stoppage of gold pricing after 21-carat reached LE 1,800
The price of a gram of 21 carat gold exceeded the level of LE 1,800, despite the stability of the trading price of an ounce on the global exchange.
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Egypt's trade deficit decreases 41.3% during September
Trade recorded $2.44 billion, compared to $4.15 billion during the same month of the previous year, according to the state's statistics agency.
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Egypt plans to increase the number of tourists by 25% to 30% annually
This came during the eighth CEO conference for the year 2022, which is organized by Al Mal newspaper, on Monday.
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Egypt implements 1st certified gold refinery in Marsa Alam
This will thereby help finalize the value chain for gold production by maximizing the local content.
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Chevron hits Paydirt With 3.5tcf Egypt gas find
MEES understands that Narges-1X is still drilling having encountered gas at its primary target depth of 3,980ms.
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Egypt hopes to receive 1st tranche of new IMF loan in December
Egypt hopes to receive in December the first tranche, worth $750 million, of the $3 billion loan from the International Monetary Fund (IMF).
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Egypt’s SideUp raises $1.2M to grow its e-commerce support platform
Egypt’s Voo has rebranded to SideUp and transformed its strategy to offer a complete spectrum of e-commerce support services.
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Egypt private sector shrinks in November after devaluation
The S&P Global Egypt Purchasing Managers’ Index (PMI) slid to 45.4 in November from 47.7 in October.
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Egypt’s index outperforms regional peers
Egypt’s blue-chip index outperformed regional peers to close higher on Sunday, while Saudi and Qatari stocks slipped on weakness.