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SelectUSA Tech programme concludes in Egypt by 1st-ever tech startup competition
SelectUSA programme offers the SelectUSA Tech initiative, which helps qualified international startups develop innovative technological products.
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Milan Bergamo Airport enhances Egypt connections
Starting April 3, 2025, the subsidiary of Egypt Air will operate twice-weekly flights between Milan Bergamo and Sharm El Sheikh.
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How will AI revolutionize customer experience in 2025?
For Egyptian marketers, AI presents an opportunity to redefine strategies and stand out in a competitive landscape.
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10 fascinating facts about Egypt and Eni’s $150M LNG terminal plans
With energy demand rising and domestic production declining, the project reflects Egypt’s evolving strategy to secure its energy future.
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A comprehensive look at Egypt’s strategy to boost industrial growth
This initiative forms part of the government’s overarching strategy to localize production, and position Egypt as a regional industrial hub by 2027.
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Egypt takes the first step toward a becoming a regional auto powerhouse
This milestone underscores the Egyptian government's broader strategy to localize the automotive industry, and attract foreign investment.
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ExxonMobil Strikes Natural Gas in Egypt’s Mediterranean Waters
Exxon announced its entry into the North Marakia block in 2019 and sold a 40% stake to QatarEnergy in 2022.
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Chinese Geely inaugurates first car manufacturing plant in Africa, MENA in Egypt
The factory will produce the Emgrand 2025 sedan and the Coolray 2025 SUV.
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Hisham Talaat Moustafa acquired 500,000 shares in TMG
This announcement follows Talaat Moustafa Holding Group’s report of exceptional and record-breaking sales in 2024.
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Turkish textile giant Katia&Bony to invest $50M in Egypt
Katia&Bony, a company founded in 2011 that produces for its brand and various global brands, is gearing up to launch sock manufacturing in Egypt.
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Suez Canal Authority partners with Oman Logistics for maritime, logistics cooperation
The agreement identifies key areas of cooperation, including advanced training programs, ship repair, and maintenance.
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New women’s apparel brand prioritizes sustainably-grown cotton
A new Portland-based apparel startup combines the co-founder’s passion for sustainability with her family’s ancestry as Egyptian cotton farmers.
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Archaeology Magazine lists Aswan necropolis among top 10 discoveries in 2024
Previously unknown family tombs from the Late Period and Greco-Roman eras were discovered, Khaled said.
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Brazil’s corn exports to Egypt up by 174%
In 2024 Egypt imported USD 3.3 billion worth of agribusiness goods from Brazil, an increase of 91.4% compared to 2023.
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China to establish new industrial complex in Egypt worth US$1.6 billion
The Chinese ambassador added that the total investment is expected to reach $10 billion with a final production capacity of 10 million tons per year.
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Egypt's High Speed Rail Costs Billions, But Could Connect 60 Cities
The Egyptian government is beginning a large-scale project to build a new high-speed rail system to connect over 60 cities across the country.
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Egypt, Italy's Eni discuss establishing $150 mln LNG import terminal in Damietta
Egypt and Italian energy company Eni are discussing establishing a new liquefied natural gas (LNG) import terminal in Damietta on the Mediterranean.
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Egyptian Space Agency Launches 2025 Training Grant
Egypt launches 2025 African space training program, hosting 21 specialists to strengthen satellite technology.
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Egypt initiates talks with EU, int'l partners on Macro-Financial Assistance 2nd phase
Egypt has initiated talks with the European Union and international partners on the second phase of the Macro-Financial Assistance mechanism.
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Egypt Becomes Europe’s Second-Largest Fresh Produce Exporter
Egypt’s fresh produce exports to Europe reach 917,000 tonnes, growing 7% in the last season, second only to the Netherlands.
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Egypt tops tourists destination for Russians
Most Russians prefer beach vacations, particularly in Hurghada, Sharm al-Sheikh and South Sinai, Hazaa said.
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Egypt communications minister discusses investments with German delegation
Minister of Communications and Information Technology Amr Talaat met on Monday with a delegation from the Federation of Industries in Bavaria.
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Engie will expand its 500 MW Red Sea wind project in Egypt to 650 MW
At the end of 2023, wind represented about 3% of Egypt’s installed capacity with 1.6 GW and 2.8% of its power generation with 6.7 TWh.
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Sinopec Shanghai Petrochemical to Boost Operations with $2.91B Investments
As part of the project, the company will shut down 18 existing oil refining units and install new ones.
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Egypt promotes Khaled al-Enany’s bid for UNESCO leadership
Ministry of Foreign Affairs and Migration organized a high-profile event at the National Museum of Egyptian Civilization to support Khaled al-Enany.
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TAMEER Egypt Launches Urban Business Lane in New Cairo
The 155,000-sqm-metre commercial project in New Cairo is part the UrbanWalk mixed-use development.
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Dye shortage in Egypt for CT scans threatens patient lives
Badria Hussein has been searching for this substance for a month in Damietta Governorate hospitals.
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CBE reports $2.2 Billion growth in gold reserves in 2024
By December 2024, these reserves reached $47.109 billion, a significant rise from $35.220 billion in December 2023.
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Egypt now leading tourist destination in Africa
Egypt is witnessing rapid growth in international tourism, surpassing Morocco and Tunisia, according to the website Statista.
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China’s Kingdom plans major linen manufacturing plant in Egypt
Chairman of Kingdom Holdings, emphasised Egypt’s strategic advantages, including its competitive edge and rich history in linen production.
