News
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Your Home in Egypt: New housing initiative with exclusive benefits for Egyptians abroad
Ministry of Housing will officially launch the website for the "Your Home in Egypt" initiative where Egyptians living abroad can reserve housing units
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Egypt to establish first petrochemical complex in New Al-Alamein
Shard Capital leads a game-changing investment to establish Egypt’s first petrochemical complex in New Alamein, marking a major industrial milestone.
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Global Streaming Platform Myco Expands Into Egypt
Myco, a global streaming platform, expands into Egypt, tapping into a growing digital entertainment market in the Middle East and North Africa.
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85% of Egyptian SMEs adopt digital payments
Mastercard’s report reveals that 85% of Egyptian SMEs have adopted digital payments, highlighting the growing shift towards cashless transactions.
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Voice search optimization is on the rise
Voice search optimization is on the rise—businesses must adapt their strategies to stay ahead of the curve in the digital era.
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Egypt hosts GSA MENA Executive Summit at the Grand Egyptian Museum
The Grand Egyptian Museum hosts the GSA MENA Summit, spotlighting the region’s semiconductor industry potential and boosting Egypt’s tech ambitions.
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EGP 911.5bn in total financing provided by FRA-regulated entities in 2024: Chairperson
FRA-regulated entities in Egypt provided a total of EGP 911.5 billion in financing in 2024, fueling economic growth and investment.
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French bank BNP Paribas predicts Egypt’s economic growth to reach 4% in FY2025
BNP Paribas forecasts robust economic growth in Egypt, reflecting confidence in the country’s financial and business prospects.
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HDB doubles net profits to EGP 11bn in 2024, marking 83.1% surge
Housing and Development Bank (HDB) reports an 83.1% surge in net profits, reaching EGP 11 billion in 2024—a strong indicator of financial stability.
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EGYPES 2025 concludes, cementing its role as a catalyst for regional energy transformation
EGYPES '25 concludes successfully, cementing its vital role in driving energy transformation across the region and showcasing Egypt’s strategic energy
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PM Madbouly, Croatian counterpart mark new chapter in Egypt-Croatia relations
Egyptian PM Madbouly stated Tuesday that the visit of his Croatian counterpart, Andrej Plenković, marks a new chapter in bilateral relations.
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Dabaa to be largest nuclear project on the planet despite sanctions
Rosatom’s CEO highlights the Dabaa nuclear project as the world’s largest, defying sanctions and continuing progress in Egypt’s energy landscape.
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Chinese company North Petroleum allocates $100 million to acquire concessions in Egypt
North Petroleum allocates $100 million to acquire oil and gas concessions in Egypt, marking a significant investment in the country’s energy sector.
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EBRD and EU foster energy efficiency in Egypt’s cement industry
The EBRD and EU collaborate to promote energy efficiency in Egypt’s cement sector, paving the way for greener industrial practices.
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Egypt rolls out EV charging PPP initiative
Egypt unveils a public-private partnership for EV charging infrastructure, advancing its green energy transition and sustainable transportation.
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Inertia Egypt to invest EGP 8bn in real estate during 2025
Inertia Egypt plans an EGP 8bn investment in real estate projects throughout 2025, focusing on expanding residential and commercial developments.
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Egypt expands logistics sector with new Alexandria port terminal
A new Alexandria port terminal boosts Egypt’s logistics capacity, improving trade flow and facilitating economic growth in the region.
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Progress in interconnection between Greece and Egypt
Egypt and Greece make strides in interconnecting their energy grids, aiming to enhance regional energy security and cooperation.
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Egypt and BiH Launch Initiative to Streamline Egyptian Labor Recruitment
Egypt partners with Bosnia and Herzegovina to streamline labor recruitment, aiming to enhance workforce mobility and economic cooperation.
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Egypt, Germany hold discussions on water management
Egypt and Germany engage in talks to enhance water management strategies, focusing on sustainability and efficient resource utilization.