News
-
New price increase to non-subsidized bread in Egypt
Sabry explained that the cost of a ton of popular flour has increased by about LE400, with an increase rate estimated at about 10 percent.
-
JA Solar and CEEC secure 1.25GW module deal for PV storage in Egypt
JA Solar will be the exclusive supplier of high-efficiency n-type photovoltaic modules for the project.
-
Cairo Tower ticket prices after increase
The Cairo Tower management announced on Sunday an increase in entry ticket prices for Egyptians, foreigners, and children.
-
Prime Minister Explores Green Energy Collaboration with Acciona Energía
Acciona is a global leader in green energy production with a capacity of 15 GW and a presence in 52 countries.
-
Egypt’s Mostakbal Misr makes major Russian wheat purchase
The shipment, which sources said was procured through Russia’s OZK Group, and will be loaded onto four vessels sailing under the Egyptian flag.
-
Egypt launches Wi-Fi calling service
Wi-Fi calling allows users to make voice calls, send text messages, and access other communication features over a Wi-Fi network.
-
New e-system and measures for investor and tax issues to go live in February
Special measures will soon be introduced to address and resolve all outstanding tax issues and disputes up until 2020.
-
Egypt's economy expected to grow by 4% on IMF reforms
The median forecast in the Jan. 9-20 poll of 19 economists predicted gross domestic product (GDP) growth would then accelerate to 4.7% in 2025/26.
-
Egypt secures largest EBRD investment with €1.5 bln for 7th consecutive year
The European Union pledged a 7.4 billion euro ($8.1 billion) aid and investment package for Egypt in March 2024.
-
Chinese tourists expected to drive tourism growth in Egypt
In 2024, about 300,000 Chinese tourists visited the North African country, home to the world-renowned pyramids and temples.
-
Egypt launches Int'l Professional Diploma in Entrepreneurship
IBDL Learning Group CEO Khaled Khallaf described the launch as a milestone in Egypt’s push to strengthen its entrepreneurship ecosystem.
-
Visa Brings Apple Pay to its Customers in Egypt
To pay in-store, customers simply double-click the side button and hold their iPhone or Apple Watch near a payment terminal to pay contactlessly.
-
Egypt gets $231m loan from Japan to back private sector
The minister said Egypt implemented 86 reforms in 2024 to improve economic resilience and safeguard against future shocks.
-
Government buildings in Cairo’s downtown to be converted to hotel rooms
The minister explained during the session that tourism is 100 percent based on the private sector, adding that there is a lack of marketing operations
-
Egypt Boosts Oil, Gas Production to 1.4 mmboe/d
Production rates have risen to 1.4 million barrels of oil equivalent per day (mmboe/d) through the drilling of 105 new wells.
-
Egypt striving to digitize real estate appraisal nationwide
Farid made this announcement during his speech at the Second International Conference of the Egyptian Association of Real Estate Appraisal Experts.
-
Egyptian Cabinet Grants Golden License to Lesaffre Egypt
This ambitious project is set to produce 22,600 tons annually of instant active dry yeast in August 2026.
-
New decisions on organizing visits to Grand Egyptian Museum
Ghoneim added that the museum doors will be open for an evening period on Saturdays and Wednesdays of each week, from nine am to nine pm.
-
Launch of the integrated “The E-Gate” electronic platform for ship supplies
The platform aims to provide comprehensive ship supply services for vessels transiting the Suez Canal and Egyptian ports.
-
Egypt to approve simplified tax system for SMEs, entrepreneurs, and professionals soon
Kouchouk emphasized that the VAT refund system will be simplified, and refund amounts will be doubled.