News
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Egypt inflation seen having risen to 12.0% in October
Egypt's headline inflation is forecast to rise to 12.0% in October, ending a four-month decline, driven by recent fuel price hikes and new rent laws.
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ABE to roll out new financing, banking services for small-scale farmers to boost agricultural investment
ABE is rolling out new financing for small farmers to boost agricultural investment, including loans for mechanization and modern irrigation.
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South Korea’s Samil Solution to launch $4.49mln project in SCZONE
South Korea’s Samil Solution launches a $4.49M ready-made garment factory in SCZONE, creating 1,000 jobs and exporting all 8.8M annual pieces
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$29B Egypt, Qatar partnership set to reshape Egypt’s mediterranean shore
$29.7B Qatari Diar/NUCA deal for the Alam El-Rum mega-project is finalized, boosting FDI with a $3.5B cash injection & creating 250K jobs.
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Egypt's DisrupTech Invests in Moroccan Fintech for Africa Expansion
Egypt's DisrupTech Ventures invests in Moroccan fintech Chari to expand its model across Africa, turning small retailers into financial access points.
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Hassan Allam Utilities, Infinity Power ink deals to deliver 1.2 GW of solar energy across Egypt
Egyptian firms secure major deals for 1.2 GW of solar power and 720 MWh battery storage, supporting a national clean energy shift.
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Schneider Electric expands factory in Badr City to boost energy sector
Schneider Electric expands its Badr City factory, boosting localization to 81% and exporting 50% of its electrical products to over 35 global markets.
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Cabinet greenlights Feerum Egypt’s establishment to localize grain silos production
Cabinet greenlights the Feerum Egypt JV to localize grain silo production (80% local content) to enhance food security and export storage technology.
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Egypt’s chemical exports rise by 10% in 2025, reaching US$6.8 billion
Egypt's chemical & fertilizer exports surged 10% in 9M 2025 to $6.85B, led by petrochemicals and aiming for African and EU market expansion.
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Egypt’s cabinet approves automatic registration for universal health insurance
Cabinet approves automatic enrollment for vulnerable citizens in Universal Health Insurance.
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Egypt, Kyrgyzstan deepen bilateral partnership with new cooperation agreements
Egypt and Kyrgyzstan deepen ties with new agreements in investment, electricity, renewable energy, and agriculture. Kyrgyzstan to open Cairo embassy.
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Egypt’s vision 2030 places human being at core of development
PM Madbouly states Vision 2030 prioritizes human development through social infrastructure, financial inclusion, and vocational training.
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IFC commits $60 mln to support small businesses, job creation in Egypt
IFC commits $60M to Suez Canal Bank and Attijariwafa Bank Egypt to boost SME lending, with dedicated funding for women-owned enterprises.
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Egypt to inaugurate first phase of East Cairo Monorail on 9 November
Stretching 56.5 kilometres, the East Cairo Monorail will run from Stadium Station in Nasr City to the Operations and Control Centre in the NAC.
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TUI River Cruises celebrates the blessing of its second Egyptian river ship in Luxor
TUI River Cruises celebrated its blessing of the second River Nile ship, TUI Bahareya, in Arabic inspired style, which marked the start of its voyage
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Emaar Misr, KSA’s Dallah Albaraka to develop EGP 78 bn New Cairo project
The project will span 380 feddans and generate some EGP 117 bn in revenues.
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Egypt’s Omar Maher builds AI solutions for businesses
Its products include multilingual assistants and AI agents for complex automation.
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Qatari Diar to invest $29.7 billion in project on Egypt's Mediterranean coast
The development aims to turn Alam Al-Roum, an undeveloped 7-km (4.4 mile) stretch of coastline 480 km northwest of Cairo in all-year destination.
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Mallorca to Egypt: New direct fights starting April 2026
Soltour has revealed plans to introduce direct flights linking Palma with both Egypt and Latvia as part of its Easter 2026 travel schedule
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$29B Egypt, Qatar partnership set to reshape Egypt’s mediterranean shore
The project is structured as a revenue-sharing development with an estimated total value of $29 billion.