Business

Egypt’s foreign currency reserve up to US$ 57.214 billion in August

Egypt’s foreign currency reserve up to US$ 57.214 billion in August

The Central Bank of Egypt (CBE) announced that total international reserves rose to US$ 57.214 billion at the end of…
When will old lease contracts expire? Everything you need to know

When will old lease contracts expire? Everything you need to know

As the expiration deadline for old lease contracts approaches for legal entities, interest amongst landlords and tenants alike has risen…
Sungrow deepens long-term commitment to Egypt with new energy storage facility

Sungrow deepens long-term commitment to Egypt with new energy storage facility

Sungrow recently launched its energy storage manufacturing facility in Egypt’s Suez Canal Economic Zone, with a planned annual production capacity…
Petroleum Minister highlights refining, transport upgrades to secure energy supplies

Petroleum Minister highlights refining, transport upgrades to secure energy supplies

Minister of Petroleum and Mineral Resources Karim Badawi affirmed that upgrading infrastructure in the petroleum sector represents a key pillar…
GAFI chief: Egypt seeks to turn partnership with Italy into joint projects, investments

GAFI chief: Egypt seeks to turn partnership with Italy into joint projects, investments

CEO of the General Authority for Investment and Free Zones (GAFI) Mohamed Awad said Egypt seeks to translate its strategic…
InstaPay users warned of new phishing scam targeting bank accounts

InstaPay users warned of new phishing scam targeting bank accounts

Cybersecurity expert Mostafa Rahim has issued a stern warning over rising AI-powered phishing scams targeting users of financial applications, particularly…
Investment minister witnesses signing of MoU between Mansour, China’s Tianneng to explore battery manufacturing

Investment minister witnesses signing of MoU between Mansour, China’s Tianneng to explore battery manufacturing

Minister of Investment and Foreign Trade Mohamed Farid witnessed on Wednesday, September 2, 2026, the signing of a Memorandum of…
Egypt’s exports to China see 199.8% jump

Egypt’s exports to China see 199.8% jump

The Central Agency for Public Mobilization and Statistics (CAPMAS) revealed a significant surge in Egyptian exports to China, reaching 199.8…
Tariff elimination opens Chinese market to Egyptian goods: Chinese news channel

Tariff elimination opens Chinese market to Egyptian goods: Chinese news channel

China’s CGTN news channel highlighted Chinese President Xi Jinping’s visit to Egypt on Tuesday, stating that relations between the two…
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