Sunday, June 14, 2026

Prestige Denim’s $20mn Project Brings 1,000 Jobs to Egypt

Textiles continue to emerge as a strategic pillar of Egypt's industrial expansion after Indian manufacturer Prestige Denim Mills announced plans...

WE and AASTMT inaugurate Cybersecurity Innovation Lab in Smart Village

Cybersecurity took another step towards becoming a strategic pillar of Egypt's digital economy after the official inauguration of a...

Polaris injects a $97 million investment into Egypt’s Housing sector

Diversification is driving the next phase of growth for Polaris Parks as the Turkish-backed industrial developer enters Egypt's residential...

Energy Security Drives China’s Response to Gulf Oil Crisis

Strategic stockpiles, refinery cutbacks and weaker fuel demand help Beijing absorb disruption from the Iran conflict Energy security has emerged...

Suez Canal Targets $10bn Revenue as Traffic Rebounds 23.6%

Revenue recovery is emerging as the defining theme of Egypt's Suez Canal strategy after the Suez Canal Authority announced...

MOPCO Mourns Vice Chairman Major General Dr. Mohamed Hosni Kamel

Company Pays Tribute to a Respected Leader Whose Legacy Shaped Generations of Employees Cairo, June 12, 2026 — Egypt Fertilizers...

EGX Ends Week Lower Despite Continued Foreign Buying

Overseas Buyers Absorb Domestic Selling as Confidence in Egypt's Medium-Term Outlook Remains Intact Cairo — Egyptian stocks ended the trading...

Egypt Opens the Door to Remote Account Opening

Financial inclusion is set to enter a new phase in Egypt after banks completed preparations to allow customers to...

AI Becomes Europe’s New Weapon in Africa’s Critical Minerals Race

Artificial intelligence is becoming a critical instrument in the global pursuit of resource security after French mining group Eramet,...

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Top 7 This Week

Alkan Joins Egypt’s Drive to Build a Regional Auto Hub

Egypt’s automotive manufacturing ambitions received a fresh boost after Alkan Holding announced plans to invest $120 million in a new vehicle assembly facility, positioning...

Egypt’s Liquidity Boom Tests Financial Infrastructure Capacity

Recent reports of cash shortages at ATMs during the Eid al-Fitr and Eid al-Adha holidays reignited concerns that Egypt may be facing a liquidity...

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TMG Expands Regional Footprint with $18.8bn Baghdad Development

Egypt's Talaat Moustafa Group (TMG) has secured an investment licence from Iraq's National Investment Commission and received land allocation...

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AI Becomes Europe’s New Weapon in Africa’s Critical Minerals Race

Artificial intelligence is becoming a critical instrument in the...

Egypt, Eritrea Reaffirm Coordination on Red Sea Security and Horn of Africa Stability

CAIRO — President Abdel Fattah El-Sisi and Eritrean President...

WHO Launches $518 Million Ebola Response Plan

The World Health Organization (WHO) and the Africa Centres...

Orascom Targets East Africa Trade Corridor With New Egypt–Kenya Platform

Orascom Investment Holding is preparing to launch a specialised...

How Many More Lives Must Illegal Migration Claim?

In a recurring tragedy that continues to underscore the...