Mobile prices surge across Egypt’s local market

The Mobile Phone Dealers Division at the Giza Chamber of Commerce has disclosed a new wave of price increases enacted by the majority of domestic smartphone manufacturers, with hikes ranging between 5 percent and 15 percent. In a press statement issued Thursday, Mohamed Hedaya al-Haddad, Board Member of the Giza Chamber…

Common Mistakes New Forex Traders Can Avoid in 2026

Many first-time forex traders enter the market with enthusiasm, drawn by the promise of global access and fast-moving opportunities. That excitement often gives way to frustration when traders realise how quickly currency markets react to economic data, political developments, and central bank decisions. Early trades are frequently driven by emotion…

Egypt targets global auto giants to localize industry, boost exports

The state attaches great importance to localizing the automotive industry by attracting major global manufacturers, Prime Minister Mostafa Madbouly said on Tuesday, January 27, 2026. This is part of Egypt’s National Automotive Industry Development Programme, with a specific focus on the production of electric vehicles (EVs) and their components to…

Egypt, US explore expanded cooperation in transport, industry

Egypt’s Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, held talks with U.S. Deputy Secretary of State Christopher Landau on ways to strengthen bilateral cooperation in the transport and industrial sectors. During the meeting, Al-Wazir underscored the depth and resilience of the longstanding strategic…