News
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Egypt’s agricultural sector sees strong growth with 5.2M tons exported in H1 2025
Egypt's agricultural sector shows strong growth with 5.2M tons in H1 2025, led by citrus and potato exports.
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Orange Egypt partners with Huawei to launch 5G network nationwide
Orange Egypt partners with Huawei to roll out nationwide 5G, enhancing digital infrastructure for AI and advanced tech.
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Arab banking sector must strengthen resilience amid geopolitical uncertainty
The Arab banking sector is urged to boost resilience amidst geopolitical uncertainty, focusing on regional cooperation and SME support.
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United Bank rises to 7th among Egypt’s mortgage lenders with EGP 3.2bn portfolio
United Bank is now Egypt's 7th largest mortgage lender, with an EGP 3.2 billion portfolio and a focus on digital services.
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Nasr for Civil Works obtains EGM’s nod for capital raise
Nasr for Civil Works gets EGM nod to raise capital to EGP 210M, issuing bonus shares from 2024 profits.
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Egypt’s Finance Ministry Honours Talaat Moustafa Group for Tax System Support
Egypt's Finance Ministry honors Talaat Moustafa Group and banks for tax system support, boosting investment.
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Egypt ranks 9th globally among top FDI recipient countries in 2024
Egypt jumps to 9th globally in FDI with $47B in 2024, driven by megaprojects like Ras El-Hekma and investor-friendly reforms.
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Egypt leads Africa in foreign direct investment growth with 373% surge
Egypt tops Africa in FDI with a 373% surge, reflecting investor confidence and economic vision.
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Egypt Launches First Solar Power Plant in Djibouti
Egypt partners with Djibouti on solar, boosting regional energy ties and sustainable growth.
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Egypt supplies 70% of global jasmine and essential oils production
Egypt leads jasmine output, shifting to local perfume production to boost value and resilience.
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Egypt Air Expands Long-Haul Fleet with More A350-900
EgyptAir adds A350s to modernize its fleet and expand long-haul capacity for global tourism growth.
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SKF Organizes Heavy Industries Day in Celebration of 50 Years in Egypt
SKF marks 50 years in Egypt, showcasing smart tech and commitment to industrial innovation.
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Egypt’s Elsewedy Electric to supply power solutions for first resort in Ras El Hekma
Elsewedy will power Ras El Hekma’s first resort, boosting Egypt’s coastal development.
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China plans citizen evacuation from Israel to Egypt on Friday
China evacuates citizens via Egypt amid conflict, showing Egypt’s role in regional logistics.
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Egypt to operate one of Mediterranean’s largest gas wells in June, producing 50 million cubic feet daily
Zohr 6 gas well to produce 50M cubic feet daily, reinforcing Egypt’s energy leadership.
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Travel & Tourism in Egypt Reaches Historic Milestones
Egypt’s tourism hits record highs in GDP, jobs, and visitor spending in 2025.
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Egypt’s natural wonders and authentic experiences are redefining tourism
Cities like Luxor, Aswan, and the enchanting Siwa Oasis are being championed as unique tourist magnets, offering authentic experiences.
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Africa’s largest solar-powered housing community opens in New Zayed
The project is notable for being the largest solar-powered housing community in Africa, according to a statement shared with Egyptian Streets.
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European Parliament Approves €4 Billion in Financial Assistance to Egypt
The European Council is expected to vote on the decision in the coming days, paving the way for the initiation of the disbursement process.
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TMG climbs to 4th in Forbes’ Top 50 Public Companies in Egypt
The company advanced two places to secure the fourth position. The ranking reflects growth that saw the company’s sales rise to $837m from $593m.