News
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FYR: The Punk Princess Rebranding Egyptian Jewellery
This punk princess has taken the best of Cairo craftsmanship and elevated it to a global level.
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Egypt signs three agreements with Djibouti on ports, logistics, and green energy
Al-Wazir also held meetings with Egyptian and Djibouti officials and companies to expand collaboration on infrastructure.
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All the New Global Flights You Can Catch From Egypt in 2026
Egypt’s skies are buzzing with new possibilities in 2026, and for travellers, the country has never felt more connected to the world.
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Egypt’s SOKNA turns to private-sector solutions to ease cemetery shortages amid rising demand
Egypt’s private funeral and burial services sector is stepping in to address a growing challenge: an acute shortage of cemeteries.
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Egypt, China State Shipbuilding Corporation in advanced talks
The move ties in with a USD 2 bn project to shift the canal from serving as a toll road to a service station pit stop.
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SCA secures $22M JICA grant for Advanced Diving Support Vessel
The agreement provides grant funding from JICA to build and supply the vessel to the Suez Canal Authority, reinforcing its operational readiness.
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Cross-listed Orascom Construction is testing significant support level
The Relative Strength Index (RSI) shows a positive divergence, which indicates a potential temporary easing in selling pressure.
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Egypt to automatically enrol cash support beneficiaries in comprehensive health insurance
The government aims to achieve “the highest levels of social justice” by enhancing the efficiency of public spending.
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Egypt expects growth above 5% in FY2025/26 as reforms, private sector drive recovery
Egypt’s economy is expected to grow by more than five percent in the current 2025/26 fiscal year, which ends in June 2026.
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Egypt inaugurates Djibouti’s largest solar power plant
During the inauguration, Wazir expressed his pleasure at participating in this major event, which reflects the deep-rooted ties between 2 countries.
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EGAS Executive MD Reviews WASCO’s Drilling and Production Progress in Nile Delta
Hameed reviewed the current drilling plan and future exploration activities supported by modern geological and geophysical studies.
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Egypt plans reducing debt to lowest level in 50 years
Egypt’s priority remains in reducing debt to a level that hasn’t been seen in Egypt in 50 years.
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$2.8B in concessional funding for Egypt’s private sector in 2025
Al-Mashat noted that banks and financial institutions are the largest recipients of these funds, accounting for 41.4 percent of the total.
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Egypt Demands Return of Nefertiti Bust from Germany
Grand Egyptian Museum's opening bolsters repatriation claim, but Germany cites fragility risks.
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MTI, ADM move to corner ultra-luxury auto market with new Rolls-Royce, Lamborghini dealerships
While many sectors struggled, the devaluation of the EGP turned luxury vehicles into attractive assets that store or even appreciate in value.
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Esmat Explores Cooperation in Renewables, Mining with China
The minister did field tours of technological sites, mines, and factories involved in the exploration, extraction, and processing of mineral resources
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Sawa, Egypt's first licensed microinsurance company
Named Sawa Microinsurance Company, the new entity is set to begin operations in the second quarter of 2026.
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Egypt poultry producers benefit from lower feed prices
Egypt poultry sector is experiencing long‑awaited relief as feed prices, which had soared to unprecedented levels earlier.
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Tourism ministry launches major promotional caravan in Beijing
Egypt organized a major tourist caravan in the cities of Beijing and Shanghai in the People’s Republic of China.
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Central Bank of Egypt cuts key interest rates by 1%
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) decided on Thursday to cut its key interest rates by 100 basis points.