News
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Egypt, South Korea sign agreement to upgrade customs system, e-commerce
The Egyptian Customs Authority (ECA) has signed a memorandum of understanding (MoU) with its Korean counterpart.
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Suez Canal sees major container ships resume full transit
Rabie also emphasized that canal traffic is expected to improve steadily, reaching normal levels by the second half of the upcoming year.
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Egypt to launch fresh customs facilitation package
Kouchouk said intra-regional investments have increased, creating improved opportunities for trade integration.
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Egypt partners with Taj Hotels to revive Historic Continental Hotel in Cairo
This strategic move aims to revive one of Egypt's most significant historical landmarks, located at Opera Square.
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Maersk returns to the Red Sea
Shipping giant Maersk’s Sebarok ship passed through the Bab El Mandab Strait and the Red Sea for the first time in two years.
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Egypt intensifies state-led textile sector revamp
The comprehensive modernization plan aims to overhaul factories, restructure operational systems and improve production efficiency.
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AMEA Power partners on a 1GW solar-plus-storage project in Egypt
It is jointly owned by AMEA Power (60%) and Kyuden International Corporation (40%), and is expected to reach commercial operation in June 2026.
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SCZone signs EGP 1 bln deal to build prefabricated factory complex in Qantara West
Each phase will cover 100,000 square metres at a cost of EGP 500 million, with the first phase scheduled for completion within 18 months.
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Microsoft Appoints Mohamed Kassem as General Manager, Egypt
Kassem will lead Microsoft Egypt’s strategy and operations, partnering closely with government, enterprises, and organizations across sectors.
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Is Green Real Estate The Next Big Market Shift in Egypt?
Buyers, investors, and governments are increasingly demanding projects that are not just profitable, but also sustainable.
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Egypt boosts garlic exports to the U.S. sixfold
Egypt has achieved a major breakthrough in the American market this year, delivering record volumes of garlic to the United States.
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No fuel price hikes in Egypt until October 2026
Minister of Petroleum and Mineral Resources Karim Badawi said there will be no increases in fuel prices until October 2026.
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Egypt's remittances soar to $33.9 Billion in first 10 months of 2025
Egyptian worker remittances surge 43% to $33.9bn in 10 months of 2025, up from $23.7bn, bolstering foreign currency reserves.
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Nawah Scientific Raises $23M Series A Led by Life Ventures
Egyptian research platform Nawah Scientific secures $23m Series A to expand labs across Middle East, Africa, and Europe after 10 years.
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Egypt's non-oil exports record $44.4B from January to November 2025
Egypt's non-petroleum exports hit $44.4bn in the first 11 months of 2025, signaling strong export performance across key sectors.
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Cairo hosts fifth AlBaraka forum regional conference on Islamic finance, debt solutions
Cairo hosts regional Albaraka Forum conference addressing Islamic finance mechanisms and sustainable debt solutions for MENA markets.
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Egypt’s West Gerga industrial zone hosts Middle East’s first cooling compressor plant
West Gerga industrial zone in Sohag launches Middle East's first advanced cooling compressor manufacturing facility, boosting local production.
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Egypt grants Golden License to China’s Deli Group’s EGP 8.8 bln office supplies plant
Chinese office supplies giant Deli Group receives Golden License to establish its inaugural Egyptian manufacturing operation.
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Egypt rejects claims of ceding Sokhna land to Qatari firm; clarifies details of $200 million investment
Egypt denies ceding Sokhna land to Qatar's Al-Mana and clarifies the $200m sustainable aviation fuel project operates under a usufruct agreement.
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Egypt advances 47 places in World Bank’s GovTech Maturity Index
Egypt achieves 22nd place worldwide in the World Bank's GovTech Index with a 0.911 score, earning top-tier Category A status.