Investment minister launches digital portal for Export, Import Control Authority services
Mohamed Farid, Minister of Investment and Foreign Trade, on Sunday launched a new electronic portal and automated system for services provided by the Environmental Verification and Authentication Unit and specialised…
Egypt targets $99bn in non-oil exports by 2030
Egypt is ramping up efforts to significantly expand its export base, with a strategic target of increasing non-oil exports to $99bn by 2030, Minister of Industry Khaled Hashem announced. Speaking…
TLD launches Westrict mixed-use project in Sheikh Zayed with Marriott partnership
TLD has announced the launch of Westrict, a new mixed-use development in Sheikh Zayed, which will include a Tribute Portfolio Hotel & Residences in partnership with Marriott International. The project…
Madbouly inspects offshore rig after major Mediterranean gas discovery
Egypt’s Prime Minister Mostafa Madbouly inspected the offshore drilling rig Al-Qaher 2 in the Mediterranean Sea following the successful drilling of the Dennis West 1X exploratory well in the Temsah…
Gates Developments Continues to Attract International Brands: French “Monoprix” Chooses SPACE to Launch its First Hypermarket in Zayed
Gates Developments has announced the signing of a strategic agreement with TMT for Trade and Distribution to open the first branch of the French hypermarket “Monoprix” in Sheikh Zayed City,…
The Spine: A practical application of special investment zones in Egypt
"The Spine" project has officially entered the implementation phase, marking its territory as one of the largest mixed-use developments in the country's history. At its core, the project is rooted…
Egypt expands mental health services nationwide through new initiative
Egypt’s Ministry of Health has launched new clinics under the presidential “Your Health is Happiness” initiative to expand mental health services and further integrate psychological care into the public healthcare…
Ptolemaic circular bath, Roman mosaic villa unearthed in Egypt’s Alexandria
Archaeologists in Egypt have unearthed the remains of a late Ptolemaic circular public bath and a Roman residential villa featuring multi-style mosaic floors in the Moharam Bek area of central…
New Nile Delta gas discovery adds 50 mcf/d to Egypt output: Petroleum Ministry
Egypt’s Ministry of Petroleum and Mineral Resources has announced a new natural gas discovery in the Nile Delta, with an estimated production capacity of around 50 million cubic feet per…
Egypt repays $6.4bn in external debt service in Q1 2025/26: CBE
The Central Bank of Egypt (CBE) said the government repaid $6.442bn in external debt service, covering both interest and principal, during the first quarter (Q1) of the 2025/2026 fiscal year,…