News
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Mountain View debuts first business park in Egypt
Mountain View announced the launch of Heartwork project, the first business complex in Egypt, in the heart of New Cairo.
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Egypt's hotel sector witnesses highest performance since 2008
In parallel, the tourism sector continues to perform well with new infrastructure, improved security and major attractions such as the GEM.
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Egypt’s MPA signs MoU with US’ Hyundai Technology
The American company will train Egyptian military production companies’ engineers and workers in the manufacturing of computer products.
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Egypt's Suez Canal records highest ever monthly revenues in October
Revenues from the canal recorded a yearly growth rate of 5.4 percent in fiscal year (FY) 2018/2019, reaching $5.9 billion, up from $5.6 billion.
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Egypt's first smartphone maker to export to Germany next month
SICO, set up in December 2017 and has 200 million Egyptian pounds ($12.43 million) in paid-up capital, sells phones under the brand name Nile X.
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Paris wheat steady as market assesses Egypt purchase
Benchmark December milling wheat on Paris-based Euronext was up 0.25 euros, or 0.1%, at 179.50 euros ($199.39) a tonne at 1710 GMT.
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Egypt's GAFI introduces new facilities in Mit Ghamr investment zone
The new facilities will be for investors who purchased the statements of work of the 107 industrial services units in Mit Ghamr investment zone.
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Egypt's non-petroleum exports increase by 3%
Egypt's non-petroleum exports recorded a three percent increase during the first nine months of 2019, reaching $19.201 billion, up from $18.708 bn.
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Egypt the most attractive African market for FDIs with $3.6 bln
In a report issued on Monday, UNCTD unveiled that Egypt has attract FDI flows worth $3.6 billion.
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OECD praises Egypt's inclusive social, economic development
Secretary-General of the Organisation for Economic Co-operation and Development José Ángel Gurría praised Egypt's efforts in inclusive development.
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EasyJet looks to increase marketing in Egypt staring this Winter
Company’s officials revealed that there is a growing demand among their customer base to travel to Egypt.
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Egypt launches Ain Sokhna-Mombasa shipping line
The line will offer a full range of transport and logistics services to global traders working with East African countries.
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Egypt market's annual growth rate of consumption hits 12.5%: FEDCOC
Ezz noted that its annual growth rate of consumption averaged 12.5 percent.
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Egypt participates in UK's World Travel and Tourism Market
Egypt’s Chamber of Tourism Establishments will participate with a high-level delegation in the World Travel and Tourism Market (WTM) 4-6 November.
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Egypt inaugurates largest subway station in Middle East
The air-conditioned station is the largest subway station in Egypt, Middle East and Africa, with cost amounted to about 1.9 billion EGP.
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Egypt’s economy to achieve 5.7% growth in 2019/20
Fitch Solutions said that government investment is likely to remain to the main driver of growth.
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Egypt records 38.2% increase in Japanese tourism
Minister Al-Mashat listed Tokyo as one of the most important Japanese tourism exporting cities to Egypt, followed by Osaka, and Hokkaido.
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Islamic finance corporation to diversify investment portfolio in Egypt
The International Islamic Trade Finance Corporation says is eager to further its support for Egypt’s economic reform programme.
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Egypt inks deal with Euroclear Bank to upgrade public debt management
Under the signed deal, the government debt instruments will be linked with Euroclear's local currency to help reduce public debt.
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Giza governor, NCW chief open market for street vendors
Souq Zenein Al-Hadary, translated as Civilized Zenein Market, includes 116 properly prepared places for street vendors.