News
-
Suez Canal Authority projects 30% revenue growth by 2027
Projections reaching around $8 billion for the fiscal year 2026/2027, and potentially $10 billion by 2027/2028.
-
Egypt PM opens new Leoni wiring factory
Egypt’s Prime Minister Mostafa Madbouly on Tuesday inaugurated Leoni Egypt’s new 14,000-square-metre automotive wiring factory in Badr City.
-
Egypt reviews plans for first national medical simulation centre
The center aims to provide healthcare professionals with realistic simulation environments to improve clinical skills and patient safety.
-
Blue Ocean Corporation expands to Egypt
Blue Ocean Corporation, ranked as the World No.1 in Supply Chain Training and Consulting, announced the opening its office in Cairo.
-
Egypt raises tourist visa fee for the first time in a decade
The last time the visa increased was in 2014, when the price jumped from $15 to $25.
-
Egypt prepares EGP 10 bn initiative to support startups
This aims to provide concessional funding to startups and entrepreneurs through the Micro, Small & Medium Enterprises Development Agency & CBE.
-
6 Newsletter Trends for 2026
Let’s unpack what newsletters look like going into 2026, including monetization, format, and channel trends marketers need to know.
-
Egyptian commercial fleet set to double in size to 40 ships
Egypt announced the commencement of construction for two massive Kamsarmax-type dry bulk carriers.
-
More focus on fresh produce at the 10th edition of Food Africa
The tenth edition of the Food Africa trade show will be held from December 9 to 12 in Cairo, Egypt.
-
IDG launches EGP 4.8 bn industrial zone in New October
The 1.6 mn sqm e2 New October industrial park will host 100 factories and create around 10k jobs.
-
SCZONE Secures $10 Mn Deal for New Formaldehyde Complex
The project, with an overall investment of $10 million, will be constructed on a 14,000-square-meter plot.
-
Grand Egyptian Museum draws over 19,000 visitors daily
Opening of the GEM came at an ideal time for Egypt’s winter tourism season, coinciding with the influx of tourists.
-
Egyptian strawberries dipped in chocolate a favourite snack at German Weihnachtsmärkte
Traditionally, Egyptian strawberries are mainly delivered to German Weihnachtsmärkte, where they are dipped in chocolate.
-
NBE, EBRD ink $100 mln financing agreement to support MEMEs in Egypt
The funding will prioritize developing youth- and women-owned regional firms and MSMEs, to improve market competitiveness and economic sustainability.
-
Why Egypt is suddenly on the global art world’s radar
Monocle examines Egypt's art scene with the Grand Egyptian Museum opening and state-led cultural initiatives.
-
Egypt hosts IMF mission for dual review of economic reform programme
Egyptian ministers meet IMF mission in Cairo for fifth and sixth reviews of economic reform program, assessing compliance and next funding tranches.
-
Egypt's external debt reaches $161.2B in 2025
Egypt's external debt reaches $161.2B by June 2025, up $4.5B from March, reflecting increased borrowing amid economic stabilization efforts per CBE.
-
Egyptian commercial fleet set to double in size to 40 ships, transporting 30 million tons by 2030
The Egyptian commercial fleet is to double to 40 ships transporting 30M tons annually by 2030, up from the current 20 ships handling 9M tons.
-
Egypt, China’s XD Group discuss localising electrical equipment manufacturing
Egypt and China's XD Group discuss localizing electrical equipment manufacturing and expanding production lines.
-
Egypt’s economy stabilises, but poverty challenges persist
Egypt's economy stabilizes with IMF support and Gulf investments, but rural poverty persists amid subsidy cuts.