News

Capital International Airport marked a new milestone on Sunday with the launch of the first Air Cairo flight from the airport to King Abdulaziz International Airport in Jeddah, reinforcing its growing role as a strategic hub within Egypt’s civil aviation network. The move comes as part of the Egyptian state’s…

Egyptian real estate developer M squared has extended its title sponsorship of the Saqqara Half Marathon for a third consecutive year, as the event prepares to introduce a 21-kilometre distance for the first time. The fifth edition of the race, organized by The TriFactory, is scheduled for Friday, 13 February…

Egyptian renewable energy solutions firm Rees Tech is targeting sales of approximately EGP 1bn in 2026, driven by a rapid increase in demand for solar systems across the local market, Chairperson Ibrahim Gamal said. The 2026 target represents a doubling of the company’s business volume compared to 2025, when revenues…

Cairo International Book Fair 2026 hosted Rania Al-Mashat, Minister of Planning, Economic Development and International Cooperation, in a seminar organized by the NAWA Foundation, discussing “Egypt’s Narrative for Comprehensive Development: Reforms for Growth, Jobs and Resilience.” The seminar, moderated by Abdel Moneim Said, brought together economists, university professors, and visitors…

Gold prices in the local market recorded strong gains in January, jumping by around EGP 995, despite steep declines observed in the final days of the month, according to a report issued by online gold and jewellery trading platform iSagha. Saied Embaby, Chief Executive of iSagha, stated that the price…

Egypt’s Minister of Housing, Utilities and Urban Communities Sherif El-Sherbiny met with Ahmed Rizk, Director of the United Nations Human Settlements Programme (UN-Habitat) Office in Egypt, to discuss expanding cooperation on sustainable urban development and the Egypt Vision 2030 agenda. The meeting focused on establishing priorities for joint work following…

The Central Bank of Egypt (CBE) is set to offer a local treasury bill tender denominated in US dollars on Monday, valued at $950m. The proceeds of the tender will be used to repay the maturity of a previous tender launched on 4 February 2025, under which bids worth $1.061bn were…

Egypt’s exports of chemical products and fertilizers recorded strong growth in 2025, surpassing $9.4bn, according to official data released by the Export Council for Chemical Industries and Fertilizers. The council reported that total exports of the sector reached approximately $9.43bn from January to December 2025, compared to $8.78bn in 2024,…

Prime Minister Mostafa Madbouly highlighted the unprecedented progress Egypt achieved in localizing food industries and processing agricultural crops. He pointed to the ongoing efforts to attract both domestic and foreign investments, which boost the country’s export capacity, improve its competitiveness in global markets, and create more job opportunities across various…

Gold prices in the Egyptian market fell sharply on Saturday as global rates retreated from record highs following the nomination of Kevin Warsh as the next US Federal Reserve Chair. The price of 21-carat gold, the local benchmark, dropped by approximately EGP 80 on Friday to reach EGP 6,670 per…