Egypt

Business Africa

Egypt and UAE Deepen Investment Push Across Logistics and Digital Finance

Egypt and the United Arab Emirates are moving to...

Business Africa

Singapore Deepens Egypt Investment Push as Bilateral Trade Ties Gain Momentum

Singapore is stepping up efforts to deepen investment and...

Business Africa

Sawiris Family Backs Swvl’s $14.5 Million U.S. Expansion Push

Egyptian mobility technology company Swvl has secured approximately $14.5...

Luxury & Lifestyle

Regal Egyptian Hospitality and Contemporary Luxury in West Cairo — Giza Palace Hotel & Spa

Located along the 26th July Corridor in Sheikh Zayed,...

Business Africa

Emirates NBD to Acquire HSBC Egypt’s Retail Banking Business in Regional Expansion

Emirates NBD has agreed to acquire the retail banking...

Business Africa

IMF Completes Egypt Programme Reviews, Unlocks $1.8 Billion in Fresh Financing

The International Monetary Fund (IMF) has completed the seventh review of Egypt’s Extended Fund Facility (EFF) programme and the second review under its Resilience...

Business Africa

Energean, Carlyle Among Bidders for BP’s Egypt Gas Assets as Portfolio Sale Advances

Several energy companies and investment firms, including Energean, Carlyle Group, Dragon Oil and Artemis Energy, are preparing bids for BP’s natural gas assets in...

Luxury News

Marriott Expands Egypt Footprint as Tourism Boom Fuels Hospitality Investment

Marriott International is strengthening its presence in Egypt as the world’s largest hotel company moves to capitalise on rising tourism demand in one of...

Business Africa

Egypt Approves Oil and Gas Agreements Including Perenco’s North Sinai Project

Egypt’s parliament has approved four new oil and gas exploration and development agreements, including a strategic North Sinai project involving Franco-British independent energy producer...

Business Africa

Egypt Negotiates Multi-Year LNG Supply Agreements With Global Energy Companies

Egypt is in advanced discussions with several of the world’s leading energy companies to secure multi-year liquefied natural gas (LNG) supply agreements, as the...

Business Africa

Nassef Sawiris Secures Majority Control of OCI Global After Crossing 55% Ownership

Egyptian billionaire Nassef Sawiris has strengthened his control of OCI Global after increasing his family’s ownership to more than 55%, marking a significant milestone...

Sports

Egypt’s World Cup Heroes Receive Triumphant Welcome Home

Egypt’s national football team received a hero’s welcome after returning home from the 2026 FIFA World Cup, with thousands of supporters celebrating the Pharaohs’...

Business Africa

Naguib Sawiris Invests Additional $10 Million to Transform Giza Plateau Into Year-Round Tourism Hub

Egyptian billionaire Naguib Sawiris is investing an additional 500 million Egyptian pounds ($10 million) to accelerate the transformation of the Giza Plateau into a...

Business Africa

Egypt Lands $4 Billion Mega Development Deal With Majid Al Futtaim in New Cairo

Egypt has secured a major real estate investment agreement with Dubai-based Majid Al Futtaim, paving the way for the development of a large-scale mixed-use...

Business Africa

India’s Prestige Denim Invests $20 Million in Egypt as Textile Manufacturing Boom Accelerates

Indian textile manufacturer Prestige Denim Mills will invest $20 million in a new denim fabric production facility in Egypt, reinforcing the country’s emergence as...

Business Africa

Naguib Sawiris Expands Greek Luxury Tourism Bet With New Mykonos Resort

Egyptian billionaire Naguib Sawiris is deepening his investment in Greece’s luxury tourism sector with the development of a new five-star resort on the island...

Business Africa

Egypt Boosts Sinai Oil Output to Nine-Year High With Eni’s Support as Energy Import Costs Rise

Egypt has increased crude oil production from its Sinai offshore fields to the highest level since 2017, as Italian energy giant Eni and state-owned...

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