The Egyptian South Valley Petroleum Holding Company (Ganope) has completed drilling 9 new exploratory wells during FY 2023/2024, with investments of about $40 million, according to a statement by ...

Agiba Petroleum Company, the joint venture between the Egyptian General Petroleum Corporation (EGPC) and Italy’s Eni, has commenced production from the newly discovered Arcadia West field in Egypt’s ...

Egypt’s net international reserves (NIRs) rose to $48.14 billion at the end of April, up from $47.757 billion at the end of March 2025, according to the latest data released by the Central Bank of ...

Digitalization is transforming sectors ranging from logistics to health care to education across different markets, and the ...

The General Authority for the Suez Canal Economic Zone (SCZone) has officially begun construction on the first phase of Di Seta’s new project in the Qantara West Industrial Zone. The Chinese company, ...

With a significant showing of 17, Egyptian women were the 2nd largest group in this year’s Forbes ME’s 100 Most Powerful Businesswomen 2025. The 2025 edition of the 100 Most Powerful Businesswomen ...

In a recent address in the graduation ceremony of the 2024 class of the Police Academy in Cairo, Egyptian President Abdel Fattah El-Sisi revealed that the Suez Canal has experienced a loss of over $6 ...

Tabarak Holding is set to make its long-awaited debut on the Egyptian Exchange (EGX) in the second half of 2025, according to chairman Ali Al Shorbany, planning to list 30% of its shares, marking a ...

Egypt’s Minister of Local Development, Manal Awad, has introduced a streamlined process for obtaining building permits in Egyptian cities, reducing the number of steps from 15 to 8. This move is aimed ...

Maritime traffic through the Red Sea has seen a rebound, climbing approximately 60% since August 2024 to an average of 36 to 37 ships per day, according to Rear Admiral Vasileios Gryparis, commander ...

Prime Minister, Mostafa Madbouly, held a meeting today to review the progress of the government’s Initial Public Offerings (IPO) program in the petroleum and public business sectors. He stressed the ...

Geely Auto Holding Group plans to export 30,000 vehicles in the near future, coinciding with the opening of its new factory in Egypt today. Prime Minister Mostafa Madbouly expressed his hopes that the ...