Egypt’s auto market continued its rebound in May, with total vehicle sales rising 15.9% month-on-month to reach 14.3k units — the highest monthly volume since June 2022, according to data from the ...

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Egypt’s tourism sector contributed around 24% of the country’s GDP in 2023, recording around EGP 953 billion – almost 21% above its previous highest level, revealed the latest report by the World ...

Halliburton marks 25 years of hydraulic fracturing in Egypt, announces AI platform "Zeus iQ" to enhance production efficiency.

Artificial intelligence is making its way into Egyptian asset management firms as those looking to utilize AI-powered financial advisors can now look to the Financial Regulatory Authority’s (FRA) ...

This initiative aims to offer affordable financing solutions for young entrepreneurs, with a particular focus on priority sectors that drive production and innovation.

The Spanish company World Health Management (WHM) has proposed establishing a medical data center in Egypt to serve the Arab region, with an estimated investment of $1.8 billion. The announcement came ...

As Egypt grapples with rising prices and economic challenges, the FMCG and Durables market has witnessed notable shifts in consumer behavior during the first half of 2024.

In a Morgan Stanley research note, that outlines nine surprises that would impact emerging markets, one of them is if Egypt undertakes debt restructuring in 2024 due to the country's escalating ...

Egypt’s non-petroleum manufacturing sector recorded a 5.9 percentage point increase in growth, reaching 7.1% in Q1 FY2024/2025, compared to 1.2% in the same period of FY2013/2014, according to a ...

Gold demand in Egypt fell by approximately 20% year-on-year during the first quarter of 2025, totaling 6.4 tonnes, according to the World Gold Council’s quarterly report. Despite the annual decline, ...

Egypt’s House of Representatives has endorsed the national budget and economic development framework for FY2025/2026, setting a target for real GDP growth of 4.5%. This represents a significant ...