News
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Grand Egyptian Museum in Giza to welcome up to seven million visitors every year
Grand Egyptian Museum expects up to 7 million visitors annually at world's largest single-civilization museum housing 100,000 artifacts.
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AXA signs three-year cultural partnership with Grand Egyptian Museum
AXA enters three-year cultural partnership with Grand Egyptian Museum, reinforcing insurer's commitment to protecting and preserving cultural heritage
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Hitachi Rail to modernise Egypt’s historic Alexandria tram
Hitachi Rail has secured a contract to deliver the rail systems and digital technologies that will modernise and upgrade the Alexandria Raml Tram.
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Egypt bans sugar imports for three months
The decision aims to protect local producers amid rising domestic output and falling prices.
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Inflation on the rise again, reaching 12.5% in October
Annual inflation in urban consumer prices rebounded to 12.5% in October 2025, according to data published by the national statistics agency CAPMAS.
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Egypt aims to increase its oil production by 11.5% during the upcoming fiscal year
Egypt aims to reach a crude oil production of 550,000 barrels per day during the current fiscal year, which ends in June 2026.
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More details on Alstom’s multi-mn-EUR Borg El Arab complex
French rolling stock company Alstom has upped the investment ticket for its Borg El Arab railway manufacturing complex to up to EUR 100 mn.
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Türkiye, Egypt discuss establishing of Ro-Ro transport link, road expansion
Türkiye is working to cooperate first with its neighbors and then with countries in the wider region to remain globally competitive.
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Cairo Industry Days Aims to Reinforce the Egyptian Film Industry
Cairo Industry Days – the industry sidebar of the Cairo Intl. Film Festival – is returning with an enhanced co-production market.
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Egypt Gas’ profits up 24.6% YoY in 9 months
Net profits came in at EGP 225.152 million in the nine-month period, compared to EGP 180.639 million in the corresponding period of 2023.
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Cement player Titan to invest EGP 3 bn to boost capacity
Total production capacity to go 5.5 mn tons next year, up from the current 4.5 mn tons generated from its two plants in Beni Suef and Alexandria.
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Destiny Energy to Invest $210M in Egypt Green Ammonia Plant at SCZONE
Mr. Hossam Heiba: The project contributes to reducing the carbon footprint of Egyptian exports and improving their access to European markets.
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Egypt establishes world’s largest date plantation with 2.3 million trees
Egypt is already the world leader in date production, accounting for more than 19 per cent of global output.
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Empowering private sector is top State priority, key development target
PM Madbouly stresses that empowering the private sector is the top state priority and key development target.
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Egypt signs MoUs with 55 companies to expand offshoring & digital services operations
Egypt signs MoUs with 55 global firms to expand offshoring and digital services, expected to generate 70,000+ jobs over the next three years.
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Alam El-Roum deal strengthens Egypt position as regional manufacturing, exports hub
Qatar signs a $29.7B investment deal with Egypt, including $3.5B in cash proceeds by year-end, which the minister says will boost exports.
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Egypt leads Arab region in renewable energy FDI with $161bln inflows
Egypt leads the Arab region in renewable energy FDI with $161B inflows (2003–2024), accounting for 46% of the region's total investments in the sector
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Egypt’s annual inflation rate records 10.1% nationwide in October, urban inflation rises to 12.5%
Egypt's annual inflation rate slightly declined to 10.1% nationwide, but Urban inflation rose to 12.5% in October, driven by the fuel price hike.
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Egyptian goods exempt from China’s customs duties
China exempts Egyptian goods from customs duties to boost trade, building on China's role as Egypt's largest trading partner for 13 years.
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EBRD invests additional $40 mln in Egypt’s Infinity to boost renewable energy expansion across Africa
EBRD commits an additional $40M to Egypt's Infinity Power, bringing total equity to $141.5M to support the expansion of renewable energy capacity.