Business
Egypt dispels rumors: New Alamein’s “Downtown Lagoon” lakes to use desalinated seawater only
July 24, 2025
Egypt dispels rumors: New Alamein’s “Downtown Lagoon” lakes to use desalinated seawater only
The Media Center of the Egyptian Cabinet clarified the truth regarding videos circulating on social media. These videos falsely claimed…
Egypt’s tourism revenues rise by 15.4%: CBE
July 23, 2025
Egypt’s tourism revenues rise by 15.4%: CBE
The Central Bank of Egypt (CBE) announced on Tuesday that tourism revenues rose by 15.4 percent to US$ 12.5 billion…
PM follows up efforts to reduce public debt to GDP ratio
July 23, 2025
PM follows up efforts to reduce public debt to GDP ratio
Prime Minister Mostafa Madbouly said the government continues its efforts to maintain a sustainable downward trend in external debt, while…
New cigarette price list after the increase in Egypt
July 19, 2025
New cigarette price list after the increase in Egypt
The Eastern Company officially announced implementing new prices for Egyptian cigarettes, leaving many to wonder as to when these would…
PM Confirms Growing Gobal Confidence in Egypt’s Economy
July 17, 2025
PM Confirms Growing Gobal Confidence in Egypt’s Economy
Prime Minister Mostafa Madbouly said many international institutions have praised Egypt’s economic resilience, noting that recent regional tensions, including the…
CBE decides to return banks to work at 3 pm instead of 5 pm
July 16, 2025
CBE decides to return banks to work at 3 pm instead of 5 pm
The Central Bank of Egypt (CBE) announced that banks will resume their normal working hours, until three pm starting Tuesday,…
PM follows up on real estate export strategy, digital property platform
July 16, 2025
PM follows up on real estate export strategy, digital property platform
Prime Minister Mostafa Madbouly said the government is moving forward with implementing recommendations from the Advisory Committee on Urban Development…
Egypt targeting $3 billion from asset sales in 2025/26: IMF
July 16, 2025
Egypt targeting $3 billion from asset sales in 2025/26: IMF
The International Monetary Fund (IMF) expects Egypt to attract approximately three billion dollars from the sale of state-owned stakes in…
Egyptians abroad require more than just mere remittances: Official
July 14, 2025
Egyptians abroad require more than just mere remittances: Official
The Coordinator of the Specialized Council for Economic Development affiliated with the Egyptian Presidency, Hussein Eissa, said that Egyptians abroad…
DDC Alliance receives Chinese loan to help finance high-speed train between Port Said and Abu Qir
July 13, 2025
DDC Alliance receives Chinese loan to help finance high-speed train between Port Said and Abu Qir
The DDC Alliance, which includes the EL-DIDI Group, Gama Construction, and Concord, has successfully secured guarantees for a three billion…