News
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TMG nears completion of Phase 1 concrete works at SouthMed project
In addition to the concrete works, TMG reported progress on road networks and infrastructure, while construction at the marina is proceeding.
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How an Egyptian app is tackling cash-on-delivery fraud with WhatsApp
Cartsaver, a newly launched Shopify-integrated app developed in Egypt, is built to address those pain points for customers.
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Egypt’s real estate boom: Rising prices not a bubble
Abdel Rahman Khalil, a real estate development expert, said no indicators were pointing to an imminent bubble in Egypt’s property market.
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Farmers aren’t borrowing to survive anymore they’re investing
Medium-term loans rose more than 1k% to EGP 22.6 bn in the FY 2023-24, while short-term lending fell more than 20% to EGP 8.6 bn.
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Türkiye's Bonny Socks eyes $70mln textile factory in Egypt
The project is expected to target European markets in its initial phase, with projected exports of around $80 million.
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World press hail luxurious Dahabiya Nile boat trips in Aswan and Luxor
The Luxury Dahabiya Nile boats trips in Luxor and Aswan have seen recent international attention, especially amongst the global elite.
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Egypt emerges as a new strategic hub for blueberry production
Behind this early-stage growth lies a decisive factor that is making the difference: a technically driven approach that has been built into projects .
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Egypt Launches Pioneering Smart City Project Near Capital
A new smart tower and park debut in Egypt’s administrative capital, promising advanced infrastructure and green technology for future urban living.
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Egypt Amends Abu Marawat Gold Concession with Aton Mining Inc.
Exploitation activities will be carried out by Abu Marawat Gold Mines Company, a joint venture established between MRMIA and Aton Mining.
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IMF set to approve US$2.7 billion to Egypt after New Year holidays
They added that the IMF’s statement on the Egyptian economy indicates progress on the right track and is a positive indicator of the results achieved.
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Egypt’s Megaproject That Will Rival Suez Canal
Egypt is building a roughly 600-kilometer long high-speed rail line linking the Red Sea to the Mediterranean called the Green Line.
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Three new Chinese manufacturing projects are coming to the China-Egypt Teda industrial zone
Chinese synthetic fiber manufacturer Xin Feng Ming Holding will set up a USD 800 mn integrated industrial complex for polyester fiber and polymer.
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Egypt advances 47 places in World Bank’s GovTech Maturity Index
Egypt has ranked 22nd globally in the World Bank Group’s GovTech Maturity Index (GTMI), with a maturity score of 0.911 points out of 1.
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Gold rises to highest level in half a century globally
The global price of gold surged to a level not seen in 46 years, particularly since 1979, with an ounce reaching US$ 4,413.
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Egypt’s Western Desert gains $65m investment from Terra Petroleum
Egypt expands partnerships, announcing a $65 million investment deal with British firm Terra Petroleum.
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Egypt’s digital exports leap by 124% to $7.4 bln in 7 years
Egypt’s digital exports rose to $7.4 billion in 2025, up from $3.3 billion in 2018, an increase of 124 percent over seven years.
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Italy–Egypt energy ties run on a dual track
Rome is supporting Cairo in both short- to medium-term energy security and the green transition.
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CBE shares business continuity expertise with Bank of Tanzania delegation
The Central Bank of Egypt (CBE) hosted a delegation from the Bank of Tanzania on Tuesday to share expertise in Business Continuity Management (BCM).
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Up to 10% price increase in mobile phone prices in January 2026
“All phones with low prices will increase by five percent, and phones with high prices will increase by 10 percent,” he explained.
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Egypt, Spain discuss cooperation on migration health, rare diseases
Egypt’s Health Minister Khaled Abdel Ghaffar held a video call with Spain’s Health Minister Mónica García to discuss expanding bilateral cooperation.