Egypt to launch OBN seismic survey in Gulf of Suez
Egypt will launch a seismic survey covering 1,035 square kilometres in the central and southern Gulf of Suez next…
Browsing Tag
Egypt
Egypt’s manufacturing, extractive industries index rises 4.5% in August – CAPMAS
Egypt’s manufacturing and extractive industries production index, excluding crude oil and petroleum products, rose…
Egypt, World Bank launch partnership to develop mining sector
Egypt’s Ministry of Petroleum and Mineral Resources and the World Bank Group have launched a partnership and…
Egypt, Chevron report positive results from Nargis-2 gas well
Egypt’s Ministry of Petroleum and Mineral Resources and Chevron reported positive results from drilling the…
Egypt invests EGP 5t in electricity sector since 2014 – minister
Egypt has invested approximately 5 trillion Egyptian pounds in electricity generation, transmission, and…
EGX wins board seat at Arab Federation of Capital Markets
The Egyptian Exchange (EGX) has won a seat on the Board of Directors of the Arab Federation of Capital Markets…
Cypriot energy min. visits Egypt’s Damietta LNG plant amid gas cooperation push
Cyprus’s Minister of Energy, Commerce and Industry Michael Damianos inspected on Wednesday Egypt’s Damietta LNG…
Egypt signs MoU for 273,000-square-metre logistics centre at Dekheila Port
The Alexandria Port Authority signed a memorandum of understanding (MoU) with Hassan Allam Utilities and Al Tarek…
Suez Canal Authority, Hapag-Lloyd discuss cooperation
Egypt’s Suez Canal Authority (SCA) Chairman Osama Rabie met on Tuesday with Juan Pablo Richards, Regional Head for…
Egypt’s private insurance funds assets rise 21.7% to EGP238.2b in 2025 – FRA
Egypt’s private insurance funds recorded a 21.7 per cent annual increase in total assets to 238.2 billion Egyptian…
Egypt adds 591 wells, makes 113 discoveries in two years – minister
Egypt added 591 wells to its production map and made 113 discoveries between July 2024 and June 2026, Petroleum…
Egypt, Chevron initial fiscal regime agreement for Cyprus’s Aphrodite gas field
Egypt and Chevron initialled a fiscal regime agreement on Tuesday to advance the development of Cyprus’s Aphrodite…
Suez Canal sees Maersk voyages rise to 276 in first 9 months of 2026
Egypt's Suez Canal recorded 276 voyages by Maersk Group vessels, with a total net tonnage of 23.3 million tons,…
ITIDA, NTI train 10,485 students in technology skills across Egypt
Egypt’s Information Technology Industry Development Agency (ITIDA) and the National Telecommunication Institute…
Egypt’s Petroleum Min warns against fake job advertisements
Egypt’s Ministry of Petroleum and Mineral Resources has warned citizens against fake job advertisements circulating…
Egypt to begin 18,000-sq-km offshore seismic survey within two weeks
Egypt will begin the first phase of an advanced offshore seismic survey covering around 18,000 square kilometres in…
Egypt discusses $1.5b phosphate fertiliser complex in Ain Sokhna
Egypt’s Minister of Petroleum and Mineral Resources, Karim Badawi, and Fertiglobe CEO Ahmed El-Hoshy discussed on…
Egypt signs protocol to boost investment in oil, gas, mining
Egypt has signed a cooperation protocol between the Ministries of Petroleum and Mineral Resources and Investment…
IMF raises Egypt’s growth forecast to 4.7% in FY2026/27
The International Monetary Fund (IMF) raised its forecast for Egypt’s real gross domestic product growth to 4.7% in…
Egypt signs MoU for dry bulk terminal at El Max Port
Egypt’s Alexandria Port Authority signed a memorandum of understanding (MoU) with China’s Xiamen C&D Inc. to…
URGENT: Egypt’s remittances rise 27.2% in January-August 2026 – CBE
Remittances from Egyptians working abroad rose 27.2 per cent year-on-year to a record $33.9 billion in the first…
Egypt’s Banque Misr signs EGP 10b real estate financing deal for NUCA
Banque Misr signed a 10 billion Egyptian pound financing contract with Founders, the real estate marketing arm of…
Egypt, Saudi Arabia sign oil, gas cooperation MoU at IEF17
Egypt and Saudi Arabia signed a memorandum of understanding (MoU) to strengthen cooperation in oil, natural gas,…
S&P affirms Egypt’s credit rating at B/B
Egypt’s credit rating was affirmed at B/B with a stable outlook by S&P Global Ratings, reflecting a balance…
Fitch affirms Egypt’s ‘B’ rating with stable outlook
Fitch Ratings has affirmed Egypt’s long-term credit rating at ‘B’ with a stable outlook, citing its growth…
BTC Officially Launches Gold and Silver Bullion Vending Machine in Egypt
BTC has officially launched its first vending machine for gold and silver ingots and coins in the Egyptian market,…
Egypt Mining Forum 2026 concludes 5th edition
Egypt Mining Forum 2026 concluded its fifth edition in Cairo after bringing together more than 6,000 participants…
Egypt, Cyprus discuss accelerating gas projects, use of Egyptian infrastructure
Egypt and Cyprus discussed accelerating projects to connect Cypriot gas resources to Egypt’s infrastructure,…
Egypt’s investment funds assets hit EGP471b
Egypt’s investment funds recorded a 14.7 per cent increase in net asset value to 471 billion Egyptian pounds across…
Egypt exits FTSE Russell Watch List
Egypt’s capital market has been removed from FTSE Russell’s Watch List after meeting the international standards…
URGENT: Egypt’s net international reserves hit $57.348b end of September – CBE
Egypt’s net international reserves reached $57.348 billion at the end of September 2026, the Central Bank of Egypt…
Egypt’s non-oil private sector activity weakens in Sept – PMI
Egypt’s non-oil private sector activity dropped at a faster pace in September 2026, with the S&P Global Egypt…
Egypt eyes AI startup growth at Techne Summit
Egypt is positioning its startup ecosystem to capture opportunities created by artificial intelligence (AI), with a…
Egypt pays over EGP 18bn to sugarcane farmers
Egypt has paid over 18 billion Egyptian pounds to sugarcane farmers so far, Supply Minister Sherif Farouk told…
Egypt’s banks to close on 8 Oct. for Armed Forces Day – CBE
Egypt’s banks will be closed on Thursday, October 8, 2026, to mark Armed Forces Day, the Central Bank of Egypt said…
Egypt cracks down on bread violations
Egypt’s Ministry of Supply and Internal Trade has intensified monitoring campaigns on bakeries and markets,…
Sisi directs withdrawal of unused industrial land
Egypt’s President Abdel Fattah El-Sisi directed on Thursday the withdrawal of vacant and unused industrial land to…
URGENT: Egypt banking sector NFAs hit 6-year high
Egypt’s banking sector net foreign assets (NFAs) reached $31.2 billion in August 2026, marking their highest level…
FRA: women’s board representation in non-banking sector reaches 26.9% in 2025
Egypt’s Financial Regulatory Authority (FRA) Chairman Islam Azzam said women’s representation on the boards of…
Egypt’s IPN reaches 22m users in Q2 – CBE governor
Egypt’s Instant Payment Network (IPN) reached around 22 million registered customers by the end of the second…