Why Are Electricity Bills Soaring in Egypt?

In living rooms, shops, and taxis across Egypt, the same question keeps coming up: “I did not change anything with my lifestyle. So, why is my electricity bill this high?” Electricity in Egypt has gone through a significant transformation in the last decade. The country moved from frequent blackouts and…

Egypt eyes $40 billion annual revenue in massive tourism overhaul

The Egyptian National Narrative for Comprehensive Development has revealed ambitious goals for the country’s tourism sector, aiming to increase tourism revenues to US$40.5 billion by the 2029/2030 fiscal year, RT reported on Sunday. This target is part of Egypt’s Vision 2030 and the National Narrative prepared by the Ministry of…

Egypt approves 53 mining licence issuances, renewals in Q4 2025

Egypt’s Ministry of Petroleum and Mineral Resources has approved 53 decisions issued by the Board of Directors of the Mineral Resources and Mining Industries Authority (MRMIA) relating to the issuance and renewal of mining exploration and exploitation licences during the fourth quarter (Q4) of 2025. The approvals follow recommendations from…

Strengthening partnership with Harvard to invest in young leaders, boost global competitiveness: Finance Minister

Ahmed Kouchouk, Minister of Finance, affirmed the Ministry’s continued commitment to strengthening the capabilities of Egyptian students at leading international universities. He highlighted ongoing efforts to expand local and international training programmes and increase access to advanced initiatives across a wide range of disciplines. Kouchouk noted that the coming phase…