Egyptian companies account for 63% of nation’s apparel export structure
Egyptian companies have maintained a dominant position within the country’s ready-made garment export structure, consistently holding a 62%-63% share of total exports. In comparison, foreign companies operating in Egypt account…
US Embassy marks 70th anniversary of American Center Cairo
US Ambassador to Egypt Herro Mustafa Garg has marked the 70th anniversary of the American Center Cairo (ACC) and officially launched America250, a year-long commemoration of the 250th anniversary of…
Spanish artist Macarena Recuerda joins Egypt’s International Children’s Theater, Puppet Festival
Spanish artist Macarena Recuerda has been invited to participate in the International Children's Theater and Puppet Festival of Egypt with her acclaimed show The Watching Machine, which will be staged…
UNCTAD warns of unprecedented economic collapse in Occupied Palestinian Territory, urges urgent reconstruction
A new report from the UN Conference on Trade and Development (UNCTAD) warns that prolonged military operations and long-standing restrictions have driven the economy of the Occupied Palestinian Territory into…
Egypt unveils ‘Rada’a 300’ rocket system and locally produced howitzers, drones at EDEX2025
Egypt unveiled its new "Rada'a 300" multiple launch rocket system and the first batch of locally manufactured K9A1 howitzers on Monday, as officials emphasised the necessity of military deterrence amid…
Egypt unveils ‘Sinai 806’ recovery vehicle and new rocket systems at EDEX 2025
Egypt’s Ministry of Military Production has unveiled the "Sinai 806", a new locally manufactured armored recovery vehicle, alongside a light anti-aircraft 4x4 vehicle and the "Rada'a 300" rocket launcher at…
Egypt’s AOI signs defence manufacturing deal with China’s Norinco, UAE’s Abu Dhabi Aviation at EDEX
Egypt’s Arab Organisation for Industrialisation (AOI) has signed a memorandum of understanding with Chinese defence giant Norinco to localise the manufacturing of defence systems, the organisation said during the EDEX…
Egypt’s TMG invests over $5bn in two Oman real estate projects
Egypt’s Talaat Moustafa Group (TMG) is investing more than $5bn in two new developments in Oman comprising approximately 15,000 residential units, CEO Hisham Talaat Moustafa said. Speaking during the launch…
Giza master plan targets major hotel expansion to match Grand Egyptian Museum launch
A comprehensive tourism master plan for the area surrounding the Giza Pyramids aims to significantly increase hotel room capacity by 2040 to accommodate the expected influx of visitors to the…
CBE to Offer $950m Treasury Bills on Monday
The Central Bank of Egypt (CBE) will on Monday offer a local Treasury bill auction denominated in US dollars, valued at $950m, with a tenor of 364 days, maturing on…
