The Egyptian Exchange (EGX) has approved the temporary listing of four additional state-owned companies on the main market, as part of the government’s ongoing IPO program aimed at expanding private ...

Egyptians don’t seem pleased with their current employers, with only 29% of local respondents reporting feeling that they ...

In a statement issued on Monday, the Ministry of Petroleum said BP successfully brought the Fayoum 4 well online around two years ahead of the original schedule, following accelerated project ...

Egypt’s Cabinet, chaired by Prime Minister Mostafa Madbouly, approved a draft decision to establish the investment zone for Qatari Diar Real Estate Development Company’s Alam Al Roum project, covering ...

Egypt is currently undertaking the restructuring of its Chill Out gas stations with the intention of selling them to the private sector. The announcement was made by Hala El-Said, the Minister of ...

With a total investment of $1.2 billion, the Gulf of Suez wind farm is poised to become Africa’s largest onshore wind energy project. Egypt’s food industry exports hit record $5.13B in first 8 months ...

Egypt’s Suez Canal Economic Zone (SCZone) has signed an agreement with Turkey’s Atesan Tekstil to establish a woven fabrics manufacturing facility in the Qantara West industrial zone. The project will ...

Chinese technology giant Huawei Technologies has offered to build a large artificial intelligence data center in Egypt, as the company seeks to expand its AI infrastructure business amid US ...

President Abdel Fattah El-Sisi met with Prime Minister Mostafa Madbouly and Minister of Finance Ahmed Kouchouk to review proposals for increasing wages for public sector employees, with an official ...

Prime Minister Mostafa Madbouly has issued a decree appointing Omar Mohamed Sadiq Radwan as Chairman of the Egyptian Exchange (EGX) for a one-year term, succeeding Islam Azzam, who moved to head the ...

The Central Bank of Egypt’s Board of Directors (CBE) has approved regulations governing the Digital Financial Identity System, which enables banks to identify customers and verify their identities ...

Finance Minister, Ahmed Kouchouk, announced that the new state budget for FY2025/2026 projects a 23% increase in total public revenues, reaching EGP 3.1 trillion, while public expenditures are ...