News
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Saipem drillship arrives in Egypt to work on Eni’s giant gas field
The Italian firm classifies the field as a supergiant, containing 480 million barrels of oil equivalent (mmboe).
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Google Wallet Arrives in Egypt January 2025
The platform’s integration within the Google Pay ecosystem allows it to function as a secondary digital payment tool in Egypt.
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BMI Research lowers Egyptian household spending expectations for 2025
When excluding inflation, nominal household spending is expected to rise by nearly 21.5 percent in 2025, reaching LE 14.7 trillion.
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Coca-Cola inaugurates new $31.5 mln production line in Egypt
Coca-Cola has officially launched a new production line at its Sadat City factory, backed by a $31.5 million investment.
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Luxor named ‘First World Capital of Culture, History and Heritage’
The African-Asian Union (AFASU) has named Luxor city as the “First World Capital of Culture, History and Heritage”.
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Egypt aims to boost agricultural exports by 20% in 2025
The state hopes to double agricultural exports starting in 2026 or 2027, supported by growing cultivated areas, Farouk added.
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Egypt amongst top 10 African countries with largest proven crude oil reserves
Egypt now ranks amongst the top 10 African countries with the largest proven crude oil reserves in 2025, according to the ‘Business Africa‘ platform.
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Egyptian expertise at the heart of Apacheʼs sustainable growth strategy
Apache has been a committed partner to Egypt and Egyptians for more than 30 years.
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Egypt Advances El-Dabaa Nuclear Power Plant with Parliamentary Approval
The agreement secures a government export loan from Moscow to support the construction of Egypt’s first nuclear power plant, the El-Dabaa facility.
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Egypt targets $115.8 bln in annual exports by 2030
Egypt aims to increase its annual exports to reach $115.8 billion by 2030, Prime Minister Mostafa Madbouly said on Tuesday.
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FM: Egypt backs WTO goals, principles
The Egyptian government pays great attention to advancing the developmental objectives of the World Trade Organization (WTO).
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Air Cairo to expand fleet to 40 aircraft within 3 months
Egyptian Minister of Civil Aviation Sameh ElHefny announced Sunday that Air Cairo, an Egyptian low-fare carrier, will expand its fleet to 40 aircrafts
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Livestock imports from Qatar and Egypt banned by China
China has banned imports of sheep and goats from Egypt and animals and meat products from Qatar and nine other countries.
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No penalties for past tax periods for unregistered SMEs if registered soon
To promote compliance with the recent tax incentive and relief laws, he urged businesses that have yet to register in the tax system to do so.
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Egypt Launches ‘Mollywood’ Rebrand of State Television
This legacy makes Egypt a leading regional school of artistic creativity, necessitating a new identity for its creative industry—Mollywood.
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Egypt to launch 1st phase of customs facilitation measures to boost economic growth
Minister of Finance Ahmed Kouchouk announced Monday that Egypt will launch the first phase of customs facilitation measures to boost economy.
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Egypt-Cyprus Talks Advance Plans for Cronos and Aphrodite Gas Fields
Minister of Petroleum and Mineral Resources Karim Badawi held a meeting with Cypriot Minister of Energy George Papanastasiou.
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TVS Motor’s two-wheelers to be assembled locally in Egypt by Ezz LCV
The new assembly line at Giza will focus on assembling popular TVS Motor models such as the TVS Apache RTR Series, TVS HLX Series, and TVS XL 100.
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Madbouly calls on government to facilitate privatization efforts
Last month, Madbouly announced the government's intention to offer stakes in four military-owned companies in 2025.
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New BP Wells Boost Gas Production in Egypt’s West Mediterranean Offshore
By boosting gas supplies to Egypt’s home market, Cairo can return its focus to developing an LNG export hub.