News

Agiba Petroleum Company, the joint venture between the Egyptian General Petroleum Corporation (EGPC) and Italy’s Eni, has commenced production from the newly discovered Arcadia West field in Egypt’s ...
U Consumer Finance S.A.E., known under the trademark Valu, a subsidiary of EFG Holding, and EFG Holding are pleased to announce that Amazon has agreed to exercise its ...
Remittances from Egyptians working abroad witnessed an unprecedented historic surge during the ten-month period from July to April of FY2024/2025, soaring by 77.1% to reach approximately $29.4 billion ...
Egypt’s engineering industries have recorded significant export growth during the first five months of 2025, with total exports reaching $2.6 billion, compared to $2.3 billion in the same period of ...
Prime Minister, Mostafa Madbouly, said that the government plans to operate three regasification vessels starting from early July, with a total capacity of 2.25 billion cubic feet per day, during his ...
The vessel is part of a government plan to deploy four such ships to enhance LNG import capacity. The Energos Eskimo, the second vessel of its kind after Hoegh Galleon entered service last year, will ...
Egypt’s medical exports recorded approximately $370 million during the first five months of 2025, marking a significant increase from $278 million during the same period in 2024—a growth rate of 33.1% ...
Al-Mashat said the report echoes global calls to scale up private sector financing for sustainable development, aligning closely with Egypt’s national reform agenda. She pointed to Egypt’s role as a ...
In a move to strengthen the digital payments landscape and enhance financial service security and efficiency, the Central Bank of Egypt (CBE) has announced the issuance of new regulations governing ...
In celebration of five decades of successful operations in Egypt, SKF, the global leader in bearing technologies and industrial solutions, hosted an exclusive event under the title “Heavy Industries ...
The World Investment Report 2024, issued by the United Nations Conference on Trade and Development (UNCTAD), revealed that Egypt successfully attracted $47 billion in foreign direct investment (FDI) ...