News
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Egypt strengthens commitment to private sector investment in waste-to-energy projects
The minister noted that the government has allocated land for waste-to-energy projects across eight governorates over the next 3-4 years.
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98% of women entrepreneurs in Egypt optimistic about revenue growth
Mastercard released Wednesday a new report on Egypt's women's entrepreneurship landscape ahead of International Women’s Day 2025.
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Chinese companies look to Egypt to support exports as US-China tariffs continue to rise
Ibrahim suggested that the steady flow of Chinese delegations to Egypt signals a shift in how Chinese companies view the country.
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Egypt’s amb. in Riyadh asserts Cairo’s interest in attracting more Saudi investments
The Egyptian ambassador underlined keenness of Egyptian government on removing obstacles facing Saudi investors in Egypt.
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Banque Misr grants EGP 2.6bn credit facility to Hyde Park for ‘Sea Shore’ project
The Sea Shore project is designed as a high-end coastal destination, featuring a mix of residential and hotel units for sale.
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New oil and gas sites opened to bids in Egypt
The bids cover concessions that include seven undeveloped discoveries and six exploration areas, according to the Egypt Upstream Gateway website.
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AI lets call center agents speak without an accent
Teleperformance uses AI to neutralize accents in real time, improving intelligibility and increasing customer satisfaction.
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Alexandria is crumbling into the sea at an unprecedented rate
Coastal erosion from rising sea levels has led to the collapse of 280 buildings across Alexandria, Egypt, over the past two decades.
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Egypt non-oil businesses PMI continues positive streak in February
New orders continued to rise, driven by improving market conditions and stronger client demand.
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FRA increases financing caps for microfinance and micro-insurance
The changes are part of the FRA’s ongoing efforts to support financial sustainability and enhance access to funding.
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Orange Egypt, Huawei introduce SD-WAN services for better internet experience
This initiative aligns with Orange's strategy to expand its range of WAN services in Egypt, adhering to all regulations and standards.
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Unveil A New Standard of Curated Furnishings through ‘Dream Space’
It offers designer-curated home packages that take the guesswork out of furnishing, with flexible financing and transparent pricing.
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Egypt’s car market hit by overpricing
Car prices are subject to supply and demand, and in some cars the value of the added increase ranges between LE10,000-30,000.
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Egypt Enhances Agricultural Exports With New RORO Line
Egypt is set to expand its agricultural export capacity significantly, thanks to recent discussions between key governmental figures.
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Egypt trade deficit jumps by 13% in December to $4.1 bln
For the fourth consecutive month, Egypt's trade balance deficit jumped by 13 percent in December to $4.15 billion, up from $3.67 billion in December.
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Egypt to build EUR 1 bn tire factory
Rolling Plus Chemical Industries has signed a contract to establish a EUR 1 bn (c USD 1.1 bn) tire factory in the Ain Sokhna industrial zone.
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What Factors Are Contributing to Egypt’s Explosive Tourism Growth?
According to the latest data from Statista, Egypt welcomed 14.9 million international visitors in 2023.
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Federation of Egyptian Banks denies links to GRA platform
The Federation of Egyptian Banks (FDE) denied Thursday any connections or accounts between banks operating in Egypt and the GRA platform.
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Egypt Eyes New Tax on Local Firms Profiting Abroad
PwC’s Sherif Shawky announces Egypt is considering taxing local firms that generate revenues from abroad.
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Egypt and China Collaborate on Local Reforestation Projects
The company shared its ideas for planting more trees, restoring damaged land and wetlands, reducing carbon emissions, and managing forests.