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Cairo is Now Home to World’s Largest Sofitel Hotel
The Sofitel Cairo Downtown Nile officially opened its doors in January 2025, located just minutes from Tahrir Square.
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75% of construction works of new Dairut barrage project completed
The project also includes the establishment of seven barrages with a system to manage and follow up water distribution in 45 areas.
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Chinese cars gain popularity in Egypt, driving market growth
This shift has reshaped the country's automotive landscape, contributing to a decline in both new and used car prices.
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Egypt appreciates EP decision on 2nd tranche of EU's financial support package
The approval of the second tranche also acknowledges Egypt’s vital role in promoting peace and stability in the Middle East.
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Samsung, Egypt Discuss Major Expansion and Exports
Egypt aspires to position itself as a regional center for technology industries, leveraging its strategic location and broad network of trade.
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Transfer and inquiry fees implemented on InstaPay starting Tuesday
New fees for transfer and inquiry services on the “InstaPay” application have come into effect on Tuesday, April 1, 2025.
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Egyptian semiconductor startup InfiniLink raises $10m seed funding
George Chien, senior general manager of MediaTek, said he was “thrilled” to be part of InfiniLink’s journey.
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300 public parks in Cairo open doors to citizens for Eid al-Fitr celebrations
Cairo's parks are welcoming visitors today on the first day of Eid al-Fitr (the Feast of Breaking the Fast).
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Enppi expands regional reach with 10 major projects outside Egypt in 2024
The company’s net profit after tax amounted to EGP 2.7 billion, while external projects represented 88% of the project revenues during 2024.
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EGX trading sees Egyptian purchases pull indices upwards to close March trading in the green
Benchmark index EGX 30 was up during today’s session, rising 0.89 percent to end with 32,026.14 points.
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Sindbad Submarines Investigates Hurghada Accident that Killed 6 Tourists
The company expressed its condolences to the families of the victims and confirmed it is cooperating with authorities to determine the cause.
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Egypt committed to AI as catalyst for digital transformation
Talaat highlighted the National AI Strategy 2025-2030, which is built six key pillars, read about them below.
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ChatGPT offers new image generator
The new Image Generator 4o improves text rendering, logos, and transparency options. Users gain more control over AI-generated images.
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Egypt overtakes Spain in the garlic market
Egypt is gaining the upper hand over its direct competitors this season, steaming from increased acreage and better sizing
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Egypt’s wheat imports forecast at 13 million tonnes
The largest suppliers to Egypt during the past five marketing years were Russia (34.6 million tonnes), Ukraine (10.4 million) and EU-27 (9.64 million)
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Egypt’s FY2025/2026 draft budget revenue expected to reach EGP3.1TN
During FY2025/2026, the government aims to achieve a primary surplus of EGP 795 billion, equivalent to 4 % of GDP.
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Why is Egypt falling behind the emerging market data center boom?
Egypt has the location and connectivity to be a data center hub, but high costs, infrastructure gaps, and energy constraints are holding it back.
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Modon to build industrial zone near Egypt’s Ras El Hekma
The 10 million sq m new industrial zone, will initially focus on attracting investors and manufacturers for building materials.
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Egypt’s membership of BRICS backs cultural mechanisms
Speaking to Egyptian Channel 1, she highlighted Russia’s initiative to propagate and share culture of member states.
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Egypt Nears Deal for up to 100 South Korean FA-50 Light Attack Aircraft
An Egyptian diplomatic official confirmed that Cairo is in advanced talks with South Korea for the purchase of up to 100 FA-50 light attack aircraft.
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China’s Deli Group to develop $200mln industrial complex in Egypt
China's Deli Group will invest $200 million in an industrial complex in Egypt, creating 2,200 jobs and boosting local manufacturing capabilities.
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Industrial Zone for Clothing & Textiles to Be Established in Minya
Egypt allocates 5.5 million square meters in Minya for a major industrial zone dedicated to clothing and textiles, creating up to 1 million jobs.
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Modon and Elsewedy Industrial Development collaborate to launch industrial zone for Ras El Hekma, Egypt
Modon and Elsewedy Industrial Development partner to launch a new industrial zone in Ras ElHekma, enhancing supply chains and attracting key investors
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Telecom Egypt Partners With Truecaller to Enhance Customer Experience for Its Users
Telecom Egypt partners with Truecaller to enhance customer experience, providing secure and seamless communication with verified Caller ID
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Egypt to Host Africa’s First AI Healthcare Conference at Africa Health ExCon 2025
Egypt to host Africa's first AI healthcare conference at Africa Health ExCon 2025, promoting AI innovation and strategic partnerships in healthcare.
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CBE launches annual Women’s Financial Inclusion Event
The Central Bank of Egypt launches its annual Women's Financial Inclusion Event, promoting financial products and services tailored to women's needs.
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Tourism rates up by 15% due to promotion strategies of state
Egypt's tourism rates surge by 15% due to effective state promotion strategies, enhancing security, services, and international visibility.
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EgyptAir Operates 205 Umrah Return Flights From Makkah & Madinah
EgyptAir operates 205 Umrah return flights from Makkah and Madinah, facilitating the pilgrimage for thousands of travelers with enhanced services.
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Egypt Announces Launching of New Export Subsidy Program in January 2025
Egypt announces a new export subsidy program starting in January 2025, aiming to boost exports in key sectors like textiles and industrial crops.
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Egypt to host Pan Arab Junior and Ladies Championship
Egypt to host Pan Arab Junior and Ladies Golf Championship, showcasing top amateur talent and promoting golf development across the Arab world.
