News
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UK firm to build $2.4bn fertiliser plant in Egypt
A UK company plans to invest nearly $2.4 billion in a fertiliser plant in Egypt that will use household waste as feedstock.
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A USD 2.4 bn waste recycling plant in Giza?
PLUS- Telecom Egypt expects to fully settle its outstanding debts over the next four to five years.
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Thales and AIO Strengthen Partnership to Boost Egypt’s Technological Sovereignty
The reinforced partnership is aimed at transforming Egypt into a regional technology hub, capable of supporting and exporting high-value.
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CBE flags resilient external position of Egypt economy
The services surplus grew by 5.4 percent to $15.1 billion, supported by tourism revenues, which climbed to $16.7 billion on the back of 17.4m visitors
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Ministry of Health issues critical warning on drugs that can lead to jail abroad
This warning comes because these medications are included in the international monitoring schedules of the World Health Organization and Interpol.
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Greek business delegation in Cairo explores new trade, investment opportunities
A high-level Greek business delegation visited Cairo for talks aimed at expanding bilateral trade and investment cooperation.
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Egypt minimum wage faces strains amid deeper structural issues
Egypt’s newly raised minimum wage of EGP 7,000 was meant to ease pressure on workers, but uneven enforcement and soaring inflation.
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Egypt aims for LE 350 bln in investments in gas, oil by 2030
The document explains that the plan aims to stimulate private investment by developing bidding systems, simplifying procedures.
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JTI to add a new EUR 5 mn cigarette production line to its Egypt operations next quarter
The company is negotiating with the General Authority for Investment and Freezones to acquire land adjacent to the Nakhla Tobacco Company.
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Egypt's net foreign assets surge to $22.6B in October
Total foreign assets in the banking system also increased, climbing to EGP 4.4 trillion by the end of October.
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Egypt launches major quality sweep of bottled water
He stressed that Egypt’s regulatory system is tightly controlled and disciplined, noting that it is assessed annually by the Food and Agriculture Org.
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Egg prices collapse in Egypt as production outpaces demand
Surge in national egg output brings relief to consumers while straining poultry farmers financially.
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US Companies Strengthen Military Cooperation with Egypt at EDEX 2025
Washington and Cairo continue to coordinate on training, modernization programs, and professional military development.
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Unlocking Egypt’s Western Desert: The next Eagle Ford?
Canadian player TAG Oil aims to open up a new unconventional oil play in a country that is looking to arrest domestic production.
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Egypt tourism growth to 18.6M tourists in 2026 and 20.8M by 2029
This expansion is expected to continue through 2029, with a projected average annual growth rate of 5.8 percent, bringing the total to 20.8m tourists.
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UK-based Polar Hydro plans to build $2.4 bln recycling plant in Egypt
UK-based company Polar Hydro plans to invest $2.4 billion to establish a large-scale recycling plant in Egypt’s Giza Free Zone.
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Occupancy rates in Egyptian hotels exceeded 90%
The number of tourists visiting Egypt is expected to increase by 20 percent next year, reaching approximately 22 million.
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Emirati-backed Horizon Egypt unveils EGP 42 billion projects in New Cairo
Landmark mixed-use development to reshape New Cairo skyline, boost tourism, luxury living.
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Electricity Minister inspects Opearations of Rare Earth Minerals at Abu Zenima
This comes in line with the directives of President El-Sisi to advance the utilization of rare earth elements and maximize value of resources.
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Egypt seeks to boost local poultry production
A number of investors and senior officials at the agriculture and supply ministers attended the talks aimed at stimulating national poultry industry.