World Bank maintains Egypt's FY2024/25 GDP growth at 3.5%, raises FY2025/26 forecast to 4.2%

Sun, 19 Jan 2025 - 01:08 GMT

The WB attributes this anticipated improvement to easing inflationary pressures, which are expected to boost domestic demand.

Manufacturing, extractive industries index rises by 5.24% during October 2024

Mon, 30 Dec 2024 - 01:38 GMT

Driven by market demand, the tobacco products manufacturing index surged to 159.36 in October 2024, compared to 147.63 in the previous month, marking a 7.95 percent growth.

Egypt’s car imports rise to $1.7B in 1st 8 months of 2024: CAPMAS

Wed, 27 Nov 2024 - 08:34 GMT

This represents an increase of approximately $536.6 million, reflecting a growing demand for vehicles according to data from the Central Agency for Public Mobilization and Statistics.

New $80M Aluminum Foil Factory set for SCZone to meet Egypt’s growing demand

Thu, 14 Nov 2024 - 01:41 GMT

Feasibility studies were recently approved, paving the way for construction to start in the first quarter of 2025.

Egypt to receive 8 LNG shipments in November to meet domestic gas demand

Wed, 13 Nov 2024 - 02:26 GMT

The shipments, which total between 160,000 and 180,000 cubic meters of LNG, will be directed to the "Höegh Gallon" regasification vessel for delivery into the country's national gas grid.

BP to begin drilling two new gas wells in Egypt’s West Delta in January

Wed, 13 Nov 2024 - 10:47 GMT

This operation is scheduled to kick off in January 2024, aiming to boost Egypt’s natural gas output to meet the country’s rising demand.

Swiss Chocolate Giant Barry Callebaut to Invest $30M in Egyptian Manufacturing Hub: GAFI

Mon, 07 Oct 2024 - 09:44 GMT

The initiative aims to cater to the growing demand within the local market and establish Egypt as a central export hub to Middle Eastern and African regions

Egyptian Cabinet approves Emirati company Masdar 4GW solar station project

Thu, 22 Aug 2024 - 01:17 GMT

These combined efforts are geared towards meeting the growing demand for electricity and facilitating the operation of additional capacities by the upcoming summer.

Chemical exports were the 2nd largest non-oil exporting sector in H1 2024: CEC Head

Mon, 19 Aug 2024 - 02:35 GMT

The increase in chemical exports was driven by strong demand from international markets

Egypt has strong interest in growing mobile phone manufacturing industry: PM

Sun, 11 Aug 2024 - 04:10 GMT

Prime Minister Mostafa Madbouly highlighted that the government has a strong interest in the mobile phone industry, both for meeting local demand and for export purposes in a recent cabinet meeting.

A graffiti of Fatah Leader Marwan Barghouti- CC via Flickr/ SP

Hamas demands release of Fatah leader Marwan Barghouti in 1st stage of prisoner swap deal

Fri, 09 Aug 2024 - 07:30 GMT

Hamas’ demand has been supported by mediators and the US as Barghouti has great popularity in the West Bank and the Gaza Strip, sources added.

Egypt reportedly contracts 5 new shipments of LNG to stay ahead of power shortage

Thu, 01 Aug 2024 - 02:07 GMT

Since April, Egypt has resumed LNG imports to meet rising domestic demand, particularly from the electricity sector, and to compensate for the shortfall caused by declining local production

Cabinet approves five $200M energy agreements with local, intl. companies

Tue, 09 Jul 2024 - 12:29 GMT

The approval of these agreements is expected to contribute to Egypt's efforts to increase its oil and gas reserves and production and to meet the growing demand for energy in the country

DoubleTree by Hilton to Debut in New Cairo’s ‘At Forty’ Commercial Complex

Tue, 02 Jul 2024 - 03:21 GMT

DoubleTree by Hilton New Cairo At Forty Residences will serve a growing demand for quality extended-stay accommodation in the capital city

A job fair at Peterson Air Force Base, Colo, draws a crowd Sept. 1. Stand out as a potential employee by working ahead through the Spouse Education and Career Opportunities Program.

Egypt expands labor markets to EU, Balkans

Wed, 05 Jun 2024 - 10:57 GMT

Egyptian Labor in High Demand in Construction Sector

The Egyptian armed Forces' logo - press photo

Egypt’s Popular, Military Defense Forces organize awareness seminars

Fri, 24 May 2024 - 01:14 GMT

An exhibition for people with special abilities at the Air Defense House opened to display handicraft products as they received great demand from visitors because of the exhibits, creations and artistic forms.

Oh Sung Ho, the Cultural Advisor to the South Korean Embassy and Director of the Korean Cultural Center in Egypt during a meeting with Egyptian reporters- Egypt Today/ Samar Samir

Korea’s Culture Week to convene on May 18-24 at Opera House amid push to expand Korean language teaching

Sun, 12 May 2024 - 10:01 GMT

The Director of the Korean Cultural Center revealed plans to establish a center for teaching the Korean language in Egypt, citing the increasing demand from Egyptians eager to learn.

Local jewelry and bullion appetite drops by 17% in Q1 2024, World Gold Council

Wed, 01 May 2024 - 03:43 GMT

Demand for jewelry and bullion in Egypt experienced a significant decline of 17 percent during the first quarter of 2024, falling to 13.2 tons from the 15.8 tons recorded in Q1 2023

Karnak Temples in Luxor - file

Large flow of tourists witnessed at Karnak Temples in Luxor as weather improves

Tue, 30 Apr 2024 - 09:45 GMT

The Luxor Temples and the Karnak Temples in the center of Luxor city are witnessing a state of distinctive tourist demand, many groups come from around the world to enjoy the ancient Egyptian civilization during the day at the temples.

Massive protests in Tel Aviv calling for a change of the government and a deal with Hamas to secure the captives – Twitter/Andro1711

Israeli protesters in Tel Aviv demand gov’t change, captive deal with Hamas

Sat, 27 Apr 2024 - 07:36 GMT

Scores of Israelis have taken to the streets, calling for early elections and a deal with Hamas to secure the release of captives, more than six months after the devastating war began in Gaza.

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