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Egypt to unveil new debt management strategy in December
Finance Minister announces a new debt management strategy in December, targeting a debt-to-GDP ratio below 75% within three years per IMF meetings.
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Egypt to provide $1.88bln in financing facilities for key sectors at interest rates below 15% this fiscal year
Government announces EGP 188B in financing facilities for industrial, agricultural, and renewable energy sectors at below 15% interest rates.
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Egypt’s credit rating upgrade marks turning point for economic confidence
S&P upgrades Egypt's credit rating from B- to B with a stable outlook, the first upgrade in seven years, restoring global economic confidence.
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Egypt rises as MENA real estate powerhouse
Egypt attracts $1.4B in global private real estate capital, ranking as MENA's third-largest construction hub after Saudi Arabia and the UAE.
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Central Bank of Egypt Launches Banking Reform & Development Fund
The Central Bank launches the Banking Reform & Development Fund with independent governance to modernize the sector through digital transformation.
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Egypt’s CI Capital to set up fund for troubled factories
CI Capital plans an EGP 1B ($21M) investment fund to acquire and restructure troubled industrial companies with banking partners backing the deal.
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FM says Egypt seeks greater Indian investment, eyes UFLex expansion
Foreign Minister seeks greater Indian investment during New Delhi visit. UFLex, with $350M invested, plans a new Ain Sokhna plant expansion.
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Al-Sisi reviews Cairo Airport’s new terminal project designed to handle 30 million passengers annually
President reviews the Cairo Airport Terminal 4 project with a 30M passenger capacity, raising total airport capacity to 60M annually by completion.
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Egypt hikes fuel prices: Gasoline up 20-25% on Friday
Egypt hikes fuel prices 20-25% for gasoline and LE 3-4 per liter for diesel as part of quarterly automatic pricing linked to global markets.
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Carney talked trade with Gulf countries at Egypt peace summit
Canadian PM Mark Carney discusses trade ties with Middle East countries at Trump's Egypt peace summit, seeking deeper economic partnerships.
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Gen Z is rewriting the rules of advertising
Their behavior is both highly engaged and highly selective, forcing marketers to adapt faster than ever.
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7 key facts about Egypt’s role in Gaza’s $50 billion reconstruction drive
Here’s what to know about Egypt’s emerging role, the scale of the challenge, and the international competition ahead.
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2026 could be Egypt’s economic turning point
Egypt’s economy is approaching a critical inflection point. After a period of fiscal tightening, currency reform, and macroeconomic adjustment.
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How Egypt and Apache are deepening U.S. energy ties in 2025
The meeting in Cairo signaled not only Apache’s intention to expand production and exploration but also a renewed strategic alignment.
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Britain’s Royal Philharmonic Orchestra to Perform at the Pyramids for the First Time
The performance is part of the debut edition of the “The Pyramids’ Echo” festival, held from 24 to 30 November.
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Reading meets heritage at the fourth Luxor book fair
Alongside the exhibitions, the fair’s programme includes talks, poetry readings, literary discussions, musical performances, and children’s art.
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Egypt debt on track to hit lowest level since 2016 by 2030
Egypt’s general government gross debt is projected to decline steadily through 2030, reaching its lowest level since 2016, according to the IMF.
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Egypt’s tourism sector sees 21% surge in 2025
Egypt is on course to meet its goal of between 17.5 and 18 million tourists by the end of the year.
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Egypt extends EGP 90 bln in financing to boost industry, agriculture, and renewable energy
The Egyptian government has announced the continuation of its flagship initiative to support productive sectors.
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Egypt explores cooperation with Chinese firms to advance robotic surgery
The collaboration aims to localise robotic surgery technology across public hospitals, enhance surgical precision and patient outcomes.
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Egypt Nurtures Its Honey Heritage Through Rich Flora
As of 2022, the number of beekeepers in Egypt was reported at about 270,000, and the number of apiaries was 10,220.
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Avrio Gold to launch new jewellery, bullion factory in early 2026
Avrio Gold, a company specialising in gold trading and jewellery manufacturing, is preparing to open a new factory for producing gold jewellery.
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Egypt, UAE partner to advance Egypt–Europe electricity link via Italy
Under the agreement, both sides will prepare and execute the technical, environmental, and financial feasibility studies required to advance.
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Egyptian billionaire Nassef Sawiris seeks to invest $50 billion in the US
OCI Global and Orascom Construction announced a potential merger on Monday.
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Egypt Launches First National Carton Recycling Campaign
The initiative has achieved a significant environmental milestone by collecting around 4,000 tons of used carton packages for recycling.
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Egypt presents ‘new economic narrative’ focused on real economy at G-24 meeting
Al-Mashat said the new narrative is a continuation of the economic reform path and aims to capitalise on advanced infrastructure.
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2026 to mark turning point for Egypt’s economy
Egypt’s economy is poised for a major shift in 2026, driven by industrial expansion, rising exports, and continued growth in tourism and telecom.
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Egypt, Saudi Arabia accelerate electricity interconnection project toward 2026 operation
The Egypt–Saudi interconnection project, designed to transmit up to 3,000 megawatts of electricity, comprises three major high-voltage substations.
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Egyptian companies eye major role in Gaza reconstruction effort
Several firms expressed their readiness to participate in rebuilding efforts, citing a significant surplus of construction materials and capacity.
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Over 15K people attend controversial Anyma concert at Giza Pyramids
The Giza Pyramids area witnessed one of its largest and most unusual musical performances, sparking both praise and controversy.