#Egypt
articles
Egypt's Banks Battle for Deposits With Savings Certificates Yielding Up to 22%
Egyptian state and private banks are offering three-year savings certificates with first-year returns as high as 22%, as...
Egypt's Energy Minister Highlights Importance of Regional Cooperation for Secure Energy Supplies
Egypt's Minister of Petroleum and Mineral Resources, Tarek El Molla, has emphasized the need for regional cooperation to...
Egypt's Fawry Sees 40% Potential Upsurge in Share Price
Egyptian fintech company Fawry's share price is expected to surge by 40% as analysts recommend buying the stock. The com...
Egypt's Arabi Group Eyes Partnership with South African Malben Engineering for Car Components
Arabi Group, a leading Egyptian conglomerate, is set to partner with South African company Malben Engineering to produce...
Kathleen Martínez: The Dominican Archaeologist Rewriting Egypt's Most Elusive Chapter
Kathleen Martínez has spent over a decade excavating Taposiris Magna in search of Cleopatra's tomb, uncovering 3,000+ ar...
Egypt's Financial Regulatory Authority Approves Investment Fund for Revitalizing Struggling Factories
The Egyptian Financial Regulatory Authority has approved the licensing of a new investment fund aimed at revitalizing st...
Afreximbank and AfCFTA to Host African Auto Investment Forum in Egypt's Alamein
Egypt will convene OEMs, component makers, financiers and policymakers in New Alamein on 2-3 October to turn AfCFTA auto...
Egypt and Nigeria Agree to Deepen Aviation Ties and Coordinate at ICAO
Ministers Sameh El-Hafny and Festus Keyamo discussed more direct flights, training cooperation, and a unified African av...
Egypt Weighs Raising Tax Exemption to EGP 100,000 in Third Relief Package
Senate economic committee secretary proposes higher income and VAT thresholds, sukuk and charity incentives as Egypt sta...
Egyptian Banks Quote Dollar Between EGP 51.10 and EGP 51.27
State and private lenders in Egypt posted US dollar rates near EGP 51.14 for buying and EGP 51.20–51.27 for selling on 9...
Egypt’s FRA Extends Liquidation of Damanhour Carpet Workers’ Insurance Fund by One Year
Egypt’s financial regulator gave the fund’s liquidation committee another year from 23 July 2026 — or until completion —...
Egypt Weighs Joint-Stock Conversion for Bourse to Deepen Capital Markets
A proposal to turn Egypt's bourse into a shareholding company is splitting market professionals: backers see more flexib...
IMF Sees $4.7 Billion of Egypt State Divestment Proceeds Going to Debt Reduction
The estimate is conditional on completing remaining asset sales and allocating at least half to debt, while the fund war...
Egypt Takes In 4.72 Million Tonnes of Local Wheat as Season Nears Close
State buyers have collected 4.719 million tonnes of Egyptian wheat, up 780,823 tonnes on 2025, leaving a narrow gap to t...
El Dabaa Unit 1 Starts Fifth Inner Containment Level Installation
Twelve site-fabricated segments weighing 40–45 tonnes each will be assembled into a ring over two weeks using a 2,200-to...
EFinance Bets on New Non-Banking Deals as Profit Jumps 62.5%
EFinance has taken full control of SME and microfinance provider Tamweely and a minority stake in Welsy, extending its e...
Egypt Confirms August 2026 Salary Payment Dates for State Workers
The finance ministry says public-sector salaries will be available from August 23, with separate arrears dates of August...
Saudi Arabia Details Licensing Steps for Egyptian Contractors Eyeing Vision 2030 Projects
Saudi Arabia's investment ministry has published the licensing pathway Egyptian construction firms must follow to regist...
Egypt Moves to Digital Twin Operations for the Ismailia Canal
Irrigation minister Hani Sewilam directs trial use of a telemetry-linked digital twin for the Ismailia Canal, aiming to ...
Egypt Sets Compensation Rules for Owners of Distinctive-Style Buildings
Egypt's cabinet approves a framework for compensating owners of architecturally distinctive buildings barred from demoli...
Amer Group's H1 2026 Net Profit Jumps 204% to EGP 96.9m
Egyptian-listed Amer Group reported a 204% annual surge in first-half net profit to EGP 96.87m on higher revenue and a s...
Egypt Approves New Mahalla Spinning Company and Distressed Factory Restructuring Fund
Egypt's cabinet backs a split-off Ghazl El-Mahalla textile company and a state investment fund to restructure distressed...
Egypt Health Ministry Tracks Injured After Arabella Plaza Mall Incident in New Cairo
Three people died and several others were injured after an incident at Arabella Plaza Mall in New Cairo on Thursday even...
Egypt Opens 2026 Oil and Gas Exploration Round Across 14 New Concession Areas
Egypt has opened a 2026 international bid round for oil and gas exploration in 14 new areas, with EGAS blocks closing 14...
Suez Canal Insurance Takes 12 Seats on Egyptian Insurance Federation Technical Committees
The insurer gains roles across reinsurance, microinsurance and claims as the federation launches new cyber and investmen...
Egypt Marks 12 Years of Tahya Misr Fund with New Aid Package and Support for Road Crash Families
Prime Minister Mostafa Madbouly announced food, clothing and appliance aid for vulnerable households, while the fund wil...
Egypt Rail Investment Arm MOT to Offer 6,000 Sqm of Land to Private Developers
MOT, the Egyptian National Railways investment arm, will offer two land plots totalling 6,000 sqm in Qena and Gharbia in...
Egypt's Electricity Load Holds at 38.5 GW as Dabaa Nuclear Unit Hits Inner Containment Milestone
Stable power demand is met with over 3.8 bcf/d of gas and 12,000 tonnes of mazut, while the first nuclear unit's fourth ...
Egypt Eyes US Investment in New Cities and Water Desalination Projects
Housing minister Randa Al-Minshawi and the US chargé d'affaires discussed opportunities for US companies in Egypt’s urba...
Egypt’s PM Inspects Health, Water and Sanitation Projects in Gharbia as ‘Decent Life’ Expansion Accelerates
Prime Minister Madbouly visited Gharbia governorate to review the second phase of the presidential ‘Haya Karima’ initiat...