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 ...

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

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 ...

Remittances from Egyptians working abroad witnessed an unprecedented historic surge during the ten-month period from July to April of FY2024/2025, soaring by 77.1% to reach approximately $29.4 billion ...

The World Investment Report 2024, issued by the United Nations Conference on Trade and Development (UNCTAD), revealed that Egypt successfully attracted $47 billion in foreign direct investment (FDI) ...

Egypt’s medical exports recorded approximately $370 million during the first five months of 2025, marking a significant increase from $278 million during the same period in 2024—a growth rate of 33.1% ...

The Egyptian Natural Gas Holding Company (EGAS) has awarded six new exploration blocks to several international companies, in a move aimed at boosting investments in oil and gas exploration, according ...

Egypt’s automotive sector continued its rebound in April, with total vehicle sales reaching 12,300 units—marking a 14.8% increase compared to 10,800 units sold in March, according to data released by ...

U Consumer Finance S.A.E., known under the trademark Valu, a subsidiary of EFG Holding, and EFG Holding are pleased to announce that Amazon has agreed to exercise its ...

Egypt has ranked seventh globally in remittance inflows, receiving a total of $22.7 billion in 2024, according to the World Bank, as announced by Egypt’s Central Agency for Public Mobilization and ...

According to the ministry, concessional finance extended to private companies—both domestic and foreign—has grown steadily, reaching $1.14 billion in the first five months of 2025 alone. The European ...