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Reactor core catcher for Dabaa arrives in Egypt
The core catcher, a unique safety device specifically designed for advanced third-generation reactors, takes approximately 14 months to manufacture.
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3 European markets fuel the growth of Egypt’s tourism sector
Othman added that British tourism is returning at high rates this winter season for the first time in 11 years.
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Egypt, Germany seek to boost bilateral cooperation
The meeting was held on the sidelines of the 12th World Urban Forum (WUF12), which kicked off here on November 4.
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Egypt, Djibouti central banks partner for training
The Central Bank of Egypt (CBE) announced Tuesday that it has partnered with the Central Bank of Djibouti (CBD) to conduct a comprehensive training.
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DFDS starts first direct ferry route between Egypt and Italy
The inaugural voyage is set for November 29, 2024, with weekly departures planned from Damietta on Fridays and Trieste on Mondays.
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Egypt signs 2nd phase of Egyptian Cotton Project with UNIDO
Egyptian Ministries of Agriculture and Industry have signed a document for the second phase of the Egyptian Cotton Project with UNIDO.
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Tax Authority identifies over 800 potential VAT payers on digital services
Remote services performed by non-resident suppliers have been taxable in Egypt since 22 June 2023.
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Egypt gold prices jump 1.2-1.9% on Tuesday
On Tuesday, global gold prices increased by 0.22 percent compared to Monday, reaching $2,743 per ounce, according to Gold Price.
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Egypt’s Bold Push to Boost Tech Startups on the Global Stage
This is the government’s play to turn Egypt into a tech hub not just for MENA, but on a global scale.
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Italy’s Eni will restart gas drilling in Egypt and Libya
Italian energy company Eni is reviving its exploration operations on Zohr, Egypt’s largest natural gas field, by the end of the year.
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Egypt Saudi to build a submarine cable line
elecom Egypt has partnered strategically with the Saudi telecommunications giant Mobily to build the first submarine cable line under the Red Sea.
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Petroleum Logistics Zone at Al-Hamra Port Is Now Underway
Established in partnership with the UAE, the logistics zone aims to enhance Egypt's role in regional petroleum trade.
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ITIDA, Flat6Labs launch IT Invest Program to support tech startups in Egypt
The Information Technology Industry Development Agency (ITIDA) and Flat6Labs have launched the IT Invest program to support tech-enabled startups.
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Unlocking Egypt’s Agritech Potential
Egypt, with its unique agricultural challenges, is on the verge of a significant transformation driven by the introduction of agritech.
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Promising carrot season in Egypt a boost for global markets
Larger quantities of carrots are being cultivated in Egypt compared with last year as producers aim to meet the needs of their customers in Europe.
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Egypt: 4th Review of IMF Loan Program to Start Today
The IMF increased the size of its loan to Egypt to $8 billion from $3 billion in March.
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North Cairo Mills’ profits up 42% YoY in Q1 FY2024/25
Net profits after tax logged EGP 10.409 million in Q1 of the current FY, versus EGP 7.316 million in Q1 of last FY.
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No new rise in retail natural gas prices in Egypt
Th Egyptian cabinet stated on Monday that most recent rises in retail natural gas prices were applied in September, and there were no new hikes in Nov
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Fitch upgrades our credit rating to ‘B’
The ratings agency cited an inflow of FDI, our commitment to maintaining a flexible exchange rate, and fiscal consolidation as driving the decision.
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Egypt's CBE sells €642.8 mln euro-denominated T-Bills
CBE sold €642.8 million in euro-denominated treasury bills (T-bills) on Monday, with a maturity period of 364 days, according to the bank’s website.
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Egypt’s population officially reaches 107mn
The last one million people have been recorded over 268 days, equivalent to eight months and 28 days, the CAPMAS said in a statement.
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Egypt to host 12th edition of World Urban Forum Monday
Egypt will play host Monday the 12th session of the World Urban Forum (WUF12) at Egypt International Exhibition Center.
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Amazon Egypt and Shark Tank Join Forces to Empower Local Entrepreneurs
Through this initiative with Shark Tank, Amazon will onboard the entrepreneurs as selling partners on Amazon.eg , providing a wider selection.
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Accor to open world's largest Sofitel in Egypt
The El Gezirah Sheraton Hotel & Towers will be converted into the Sofitel Cairo Downtown Nile, which will open in January 2025 with 615 rooms.
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IMF 4th review of Egypt loan programme scheduled for Tuesday
Prime Minister Mostafa Madbouly announced Sunday that the IMF fourth review of Egypt's loan programme is scheduled for Tuesday.
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USA’s Halliburton to Equip Deepwater Gas Production Wells in Egypt
The deepwater natural gas production wells are set to enhance Egypt’s gas production capacity.
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‘100 Healthy Days’ provides 146 million free services across Egypt in 93 days
The initiative includes more than 500 convoys, 5,000 primary care units, and 700 hospitals across the country, present in vital places.
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Egypt launches maritime shipping line to 2 Russian ports
The line is scheduled to witness two trips per week, ensuring the speedy arrival of products to Russian markets.
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Egyptian innovator develops AI-powered learning platform
The model has proven highly effective in handling open-ended questions, indicating a promising potential for developing critical thinking.
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Etihad Airways Announces New Flights to El Alamein, Egypt
The flights are set to connect travellers from the UAE and beyond to Egypt’s stunning Al Sahel region.
