News
-
$183B New Alamein City in Egypt Set to Rival Mediterranean Hotspots
Nestled along the sparkling north coast, New Alamein City of Egypt is a bustling metropolis poised to take on Greece, Italy, and Spain.
-
Egypt targets top-50 spot in WB's 2026 Business Ready report
Egypt is working to position itself among the world’s top 50 economies in the World Bank’s upcoming Business Ready (B-READY) report for 2026.
-
'We Are Egypt’ drive to highlight tourists’ positive experiences
“Our goal is to highlight how every interaction with a visitor contributes to Egypt’s prosperity and reputation,” he added during the launch event.
-
$386M trade exchange bet. Egypt, Japan in Early 2025
Despite the overall rise in trade, Egypt’s exports to Japan declined by thirteen point three percent, falling to $27.5 million from $31.7 million.
-
Egyptian Exchange launches its 1st mobile app with real-time market updates
The new app provides users with real-time market updates, information on listed securities, index movements, and the latest market news.
-
Egypt records highest-ever primary surplus in FY24/25
Egypt recorded its highest-ever primary budget surplus in the 2024/25 fiscal year, equivalent to 3.6 percent of GDP.
-
FinMin announces domestic sukuk launch in FY2025/2026
The announcement was made during a panel discussion hosted by Al Ahly Pharos Securities Brokerage.
-
Egypt’s Supreme Organ Transplant Committee strengthens oversight
Egypt currently has 40 licensed transplant centers operating across public, university, private, police, and military hospitals.
-
Egypt records 416 million e-commerce conversations in one year
Egypt's growing e-commerce landscape, with 416 million digital conversations recorded between 2024 and early 2025.
-
Downtown Cairo properties assessment for public offering completed by SFE
These properties represent a significant portion of the national asset portfolio under the Fund’s management.
-
Hassan Abdalla named CBE governor for third term
President Abdel-Fattah El-Sisi has renewed Hassan Abdalla’s mandate as acting governor of the Central Bank of Egypt (CBE) for a third consecutive term
-
SCZONE, Toyota Tsusho discuss inauguration of Ro-Ro terminal in West Port Said
The SCZONE team met with representatives of Toyota Tsusho—one of the three international partners operating the West Port Said Ro-Ro terminal.
-
Egypt’s National Railways Authority launches new service to improve passenger comfort
The first trips will begin on Train #905/916, starting Thursday, August 21.
-
El-Sisi directs efforts to increase dollar inflows, support economic growth
A steady flow of foreign currency is crucial for securing a reliable supply of essential goods, petroleum products, and manufacturing inputs.
-
Juhayna's consolidated net profits near $16.1mln in H1-25
Net sales hit EGP 14.16 billion in the first six months (6M) of 2025, signaling a year-on-year (YoY) jump from EGP 11.47 billion.
-
Egyptian Exchange Releases Its First Mobile App
The Egyptian Exchange launches its first mobile app, offering real-time market data, news, and community forums. Currently in beta on Android.
-
Egypt’s car boom: How local factories, falling prices are reshaping the market
Egypt's H1 2025 vehicle sales nearly doubled (+96.9%), as local assembly overtakes imports, signaling rapid revival in auto manufacturing.
-
Petroleum Ministry saves $3.6 bn in fuel import costs in FY 2024-2025
Egypt's FY 2024/25 boosted domestic energy output cut fuel import bill by $3.6 bn, aided by incentives and LNG infrastructure upgrades.
-
Egypt posts record primary budget surplus of LE 629B in FY2024/25
Egypt achieved a record LE 629 B primary surplus (3.6% of GDP) in FY 2024/25, driven by tax hikes, revenue growth, and private investment gains.
-
FRA issues Basel III-based solvency standards for non-banking finance sector
Egypt’s FRA mandates Basel III-aligned solvency rules for non-banking finance firms, phased in from Jan 2026, full rollout by Jan 2027.