News
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Egypt secures new markets for oranges, grapes, and strawberry seedlings
Peru approved imports of Egyptian oranges, while Panama opened its market to Egyptian grapes and strawberry seedlings. Mexico also approved.
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IFC extends a USD 40 mn senior loan to Nile Sugar
The funding will help cultivate 13.6k feddans of sugar beet in Minya.
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Egypt's blueberry boom attracts international nursery investment
The search for more productive varieties with better flavor and earlier harvest windows is accelerating the adoption of new breeding programs.
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Egypt announces six-day banking holiday for Eid Al-Adha
Egypt’s banks will close for six days starting Tuesday, 26 May, for the Eid Al-Adha holiday, the Central Bank of Egypt (CBE) said in a statement.
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Egypt allocates 50% of New Delta project to strategic crops
The development targets a total cultivated area of 2.2 million feddans, equivalent to approximately 924,000 hectares.
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Cadillac Returns to Egypt Through Partnership With Al Mansour Automotive
The company said the lineup introduced to the Egyptian market includes vehicles with advanced driver-assistance and digital technologies.
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Edita doubles net profit in Q1 2026 as revenues climb 35%
The company announced that consolidated revenues rose by 34.7% year-on-year to EGP 5.8bn in the first quarter of 2026.
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El-Sisi reviews 7,000-MW plan to raise Egypt clean power to 45% by 2028
President Abdel-Fattah El-Sisi reviewed on Monday Egypt’s renewable energy expansion plans, including solar, wind, and energy storage projects.
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Egypt tightens cosmetics licensing with ISO 22716 standards
The move is designed to harmonize local production with global quality and safety benchmarks, giving manufacturers a one-year grace period.
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Sokhna Port hosts Crystal Serenity as Egypt strengthens cruise position
The call also coincided with the hosting of a major international tourism event onboard during the vessel’s transit through the Suez Canal.
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Egypt opens new export markets for oranges, grapes and strawberry seedlings
The move comes in line with directives from the country’s political leadership to boost national exports and create new sources of foreign currency.
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Egypt launches national initiative to boost cotton industry and support small businesses
New programme aims to strengthen textile production clusters, expand exports and revive the global standing of Egyptian cotton.
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US dollar surges past EGP 53 for 3rd time in May on Sunday COB
The US dollar has gained against the Egyptian Pound, trading for over EGP 53 per $1 on Sunday’s close of business (COB) for the third time this May.
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Egypt unveils giant Lake Victoria water project linking 13 African countries
Egyptian Minister of Transport announced the completion of the first phase of studies for a project to link Lake Victoria to the Mediterranean.
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Egypt launches initiative to support cotton-based SMEs
This is to help businesses establish stronger linkages with major brands, enhance production and marketing efficiency, and expand access to markets.
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Egypt unemployment rate falls to 6 percent in Q1 2026: CAPMAS
The labour force reached 35.412 million people in the January-March period, compared with 34.829 million in the previous quarter.
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12 key facts about the New Delta project: One of Egypt’s largest agricultural mega-projects
The mega-project aims to reclaim and cultivate approximately 2.5 million feddans of land within the Western Desert regions.
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GlobalCorp secures Egypt’s largest mortgage securitization at EGP 3.31bn
The company has completed two issuances worth a combined EGP 5.9bn in just eight months.
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Egypt advances Western Desert Road expansion in Upper Egypt
Egypt reviews progress on the 1,226-km Western Desert Road project aimed at improving freight movement and supporting regional trade corridors.
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Egypt Türkiye Boost Cooperation Through Air Travel Tourism
The two countries mark 75 years since the first flight between them.