Category: News

The head of the electrical appliances division at Cairo Chamber of Commerce, Ashraf Helal, announced that the electrical appliances market has witnessed a significant price increase of up to 10 percent due to several factors. The biggest of these is the US-Israeli war on Iran, which has greatly impacted maritime…

Dragon Oil, wholly owned by Dubai government, is considering three new investment opportunities in Egypt, Asharq News reported, citing the company’s acting CEO Abdulkarim al-Mazmi. Speaking on the sidelines of the first day of the Water, Energy, Technology and Environment Exhibition (WETEX) 2025 in Dubai, al-Mazmi added that the company…

Sheraton Cairo Hotel & Casino is proud to announce the promotion of Giovanni Sue tothe position of Executive Chef. With a distinguished career with over three decades ofinternational experience in the hospitality sector, Chef Giovanni steps into thisleadership role to oversee the hotel’s diverse culinary portfolio, including its signaturerestaurants, banquet…

Egypt’s Industrial Control Authority (ICA) significantly expanded its regulatory and inspection activities during the first quarter of 2026, according to its latest performance report submitted to Minister of Industry Khaled Hashem. The report highlights the government’s continued efforts to strengthen industrial oversight and ensure compliance with quality standards across manufacturing…

British energy giant BP plans to invest approximately $1.5bn in Egypt during the 2026/2027 fiscal year to fund gas development, exploration, and the drilling of new wells, the company’s executive vice president for gas and low carbon energy, William Lin, said on Tuesday. The investment plan, which remains open to…

Egypt is hosting the 98th Bureau meeting of the Barcelona Convention for the Protection of the Marine Environment and the Coastal Region of the Mediterranean in Alexandria to develop a joint vision for regional sustainability, Minister of Local Development and Environment Manal Awad said on Tuesday. The two-day meeting, which…

Egypt will temporarily list 10 state-owned companies on the stock exchange within two weeks, with the remainder of a 20-firm batch scheduled for listing by the end of April 2026, Assistant Prime Minister Hashem El-Sayed said on Tuesday. The timeline was announced during a meeting chaired by Prime Minister Mostafa…

Egypt’s engineering exports reached a record high in February 2026, marking the strongest monthly performance in the sector’s history, according to the Engineering Export Council (EEC). The surge underscores the growing global competitiveness of Egyptian industry despite persistent economic headwinds worldwide. The council said exports rose by 37.6% year-on-year to…