Egypt’s trade deficit widens to $4.58bn in October 2025
The Central Agency for Public Mobilization and Statistics (CAPMAS) has released its monthly Foreign Trade Data bulletin for October 2025. Egypt’s trade deficit stood at $4.58bn in October 2025, compared…
Contact, Al Safy Group partner to launch integrated FinTech-powered financing platform
Contact, a leading provider of non-banking financial services in Egypt, has signed a memorandum of understanding with Al Safy Group to establish a strategic partnership aimed at enhancing the financing…
EIB Global offers $150m financing for Africa’s largest hybrid solar PV project in Egypt
The European Investment Bank (EIB), through its development arm EIB Global, announced on Tuesday a $150m financing package for Egypt’s Obelisk solar photovoltaic project, coinciding with the inauguration of the…
Egypt, Oman explore expanded cooperation, expertise exchange in mining sector
Egypt’s Minister of Petroleum and Mineral Resources, Karim Badawi, met with Mohsin Alhadhrami, Undersecretary of Oman’s Ministry of Energy and Minerals and Chairperson of Petroleum Development Oman, on the sidelines…
Egypt is Africa’s largest recipient of private foreign investment for fifth year: Finance Minister
Egypt has ranked as Africa’s largest recipient of private foreign investment for the fifth consecutive year, Finance Minister Ahmed Kouchouk said. Speaking at a conference organised by the Egyptian–African Businessmen’s…
Sky Ports invests $50m to build cement storage silos at East Port Said multi-purpose terminal
Port Said – Sky Ports Group for Shipping and Stevedoring has announced the commencement of construction for a bulk cement export terminal within its multi-purpose terminal at East Port Said…
Opinion | Lebanon and the Hezbollah Disarmament Deadline: Between the State Authority and the Shadow of War
The Lebanese Army announced days ago that it had completed the disarmament of Hezbollah south of the Litani River, declaring that it had achieved “the objectives of the first phase”…
Opinion | Fulbright in Egypt: A Quiet Investment in the Mind
Fulbright grants in Egypt are not merely opportunities for travel or study, nor simply an additional line on a résumé. They are profound human and intellectual experiences that reshape how…
Meska AI to host ‘Meska Spark Vol.2’ to empower Egyptian AI startups for global market
Meska AI has announced the launch of the second edition of its specialized event, “Meska Spark Vol.2,” scheduled for January 16, 2026, at the Creativa Innovation Hub in Dokki. The…
Egypt allocates EGP 3.1m to support irregular workers: Labour Minister
Egypt’s Minister of Labour Mohamed Gibran said on Monday that the ministry approved the disbursement of EGP 3.135m to provide social, healthcare, and accident compensation support to 443 irregular workers…