News
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Egypt’s Consumer Finance Market Surges 57% to USD 1.8B
Non-banking finance is no longer limited to niche lending activities. It is becoming a larger pillar within the country’s financing and investment.
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Egypt Cuts Monorail Fares by Half to Lure Riders to New Capital
The East Nile Monorail stands as one of Egypt’s most visible bets on modern mass transit, part of a broader push to shift residents away from cars.
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From gold to investment funds, Egyptians rethink savings amid inflation pressures
For decades, Egyptians seeking to preserve their savings traditionally turned to gold, real estate, and certificates of deposit (CDs) as safe havens.
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IMKAN Misr Signs MoU with AASTMT to Allocate 45 Feddans within Alburouj
This is for the establishment of a new campus for the Academy, reflecting both parties’ commitment to supporting the education sector.
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Egypt begins Suez Canal on Rails railway of 660 km at 250 km/h
The first phase receives $4.5 billion in confirmed investments. In comparison, the global contract with Siemens amounts to €8.1 billion.
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In a first, Egypt overtakes Spain as the most attractive winter destination for Germans
Egypt has surpassed Spain to become the top winter destination for German travelers during the current season.
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Egypt proposes grain logistics hub in East Port Said
The proposal was presented by Foreign Minister Badr Abdelatty during the ongoing meeting in New Delhi.
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Egyptian authorities unveil two restored New Kingdom tombs in Luxor
The tombs contain scenes of activities including agriculture, harvest, crafts, bread, pottery and wine production.
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The sanctions window Egypt didn’t miss
The mid-April temporary waiver from the US Treasury cleared the delivery of Russian crude loaded on vessels until mid-May to stabilize global markets.
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Digital on-arrival visa with QR code to launch at Cairo airport in August 2026
The system aims to streamline entry procedures and will later be expanded to other Egyptian airports.
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SUMED Pipeline Expansion Boosts Egypt Energy Role
The pipeline connects the Red Sea port of Ain Sokhna to the Mediterranean terminal at Sidi Kerir. It spans 320 kilometres across Egyptian territory.
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France’s Expanding Footprint in Egypt
Macron’s latest visit to Alexandria highlights how Egypt has become a central pillar of France’s strategy in the Mediterranean, and MENA.
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Why China Introduced a Zero-Tariff Policy for Egyptian Goods
China's move to exempt Egyptian imports from customs duties (zero-tariff policy), which began in May 2026 as part of its Belt and Road Initiative.
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Egypt and Russia partner to develop breakthrough cancer vaccine
The bilateral talks also reviewed the operational status of the “Nile-Volga” collaborative research pipelines and advanced clinical practices
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Women-only buses begin operating on Egypt’s ring road for first time
A dedicated women-only service will run every 15 minutes during morning and evening peak periods.
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Egypt launches digital visa-on-arrival system at Cairo Airport
This marks a major step toward modernizing airport procedures and improving the travel experience, with plans to expand the system nationwide.
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Cairo’s rental market running double-digit increase
Market performance in the coming period will depend primarily on the duration of the current regional conflict and its impact on currency stability.
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EIPICO: Egyptian pharma player in focus
EIPICO, a leading Egyptian pharmaceutical manufacturer, continues to serve key markets in Africa and the Middle East amid ongoing industry development
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Egypt Healthcare Authority delivers over 330,000 mental health services across six governorates
The Egypt Healthcare Authority has provided over 330,000 mental health, support, counselling, and referral services within 227 primary care facilities
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TotalEnergies and EGAS sign a Cooperation Agreement on offshore exploration
The MoU establishes a framework for technical cooperation, including preliminary exploration and subsurface evaluation activities.