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Egypt plans four new free zones to boost exports

Egypt plans four new free zones to boost exports

Egypt plans to launch four new free zones by the end of 2026 in a bid to expand industrial investment and boost exports, the General Authority for Investment and Free Zones (GAFI) has said. According to the State Information Service, the decision...

Egypt To Launch Four New Public Free Zones By 2026 To Boost Exports

Egypt To Launch Four New Public Free Zones By 2026 To Boost Exports

The General Authority for Investment and Free Zones (GAFI) has announced plans to begin operating four new public free zones by the end of 2026, as part of Egypt’s strategy to expand industrial investment and drive export growth. The announcement...

Cannabis Sativa Beyond Contraband: Unlocking Its Scientific, Medical, and Agro-Industrial Potentials

Cannabis Sativa Beyond Contraband: Unlocking Its Scientific, Medical, and Agro-Industrial Potentials

From stigmatisation to innovation, India’s path towards responsible harnessing of its ancient botanical treasure for bioeconomy and medicine It is an enduring principle in nature that redundancy is rare. Wild flora, especially those with ancient...

Hamas Accepts Ceasefire Proposal Brokered by Egypt and Qatar; Israel Yet to Respond

Hamas Accepts Ceasefire Proposal Brokered by Egypt and Qatar; Israel Yet to Respond

August 18, 2025 Hour: 5:18 pm Hamas and allied Palestinian resistance factions have formally accepted a 60-day ceasefire proposal brokered by Egypt and Qatar, according to senior officials and multiple media reports. RELATED: Russia Rejects NATO...

Ancient Egyptian desert inscriptions may reveal oldest known reference to Moses, researcher says

Ancient Egyptian desert inscriptions may reveal oldest known reference to Moses, researcher says

A researcher may have uncovered the oldest written references to Moses, dating back 3,800 years and hidden in an Egyptian desert. The two etchings were found at Serabit el-Khadim, an ancient turquoise mining site in the Sinai Desert where Semitic...

Egypt’s PM heads to Japan for TICAD 9 Africa development summit

Egypt’s PM heads to Japan for TICAD 9 Africa development summit

Egyptian Prime Minister Mostafa Madbouly left for Japan on Monday to attend the ninth Tokyo International Conference on African Development (TICAD 9), where his Japanese counterpart, Shigeru Ishiba, is expected to propose a new economic...

Egypt’s Al-Sisi meets central bank chief, calls for continued efforts to increase dollar inflows

Egypt’s Al-Sisi meets central bank chief, calls for continued efforts to increase dollar inflows

Egyptian President Abdel Fattah Al-Sisi on Monday stressed the need to continue efforts to increase the country’s foreign currency reserves, particularly from local sources, and to maintain a flexible and unified exchange rate, the presidency...

AfCFTA opens doors for South African automotive industry growth

AfCFTA opens doors for South African automotive industry growth

The National Association of Automotive Component and Allied Manufacturers (NAACAM) 2025 show revealed that South African manufacturers are poised to reap significant benefits from the African Continental Free Trade Area (AfCFTA). Unveiling the...

OPEC Partners with African Energy Week 2025

OPEC Partners with African Energy Week 2025

OPEC's participation comes at a pivotal moment for African energy. Countries such as Nigeria, Algeria, the Republic of the Congo, Equatorial Guinea, Gabon and Libya – as well as emerging producers like Senegal and Namibia – already play central...

Egypt sets ICT growth goals: 60,000 jobs, outsourcing expansion, AI adoption

Egypt sets ICT growth goals: 60,000 jobs, outsourcing expansion, AI adoption

Egypt’s ICT sector is expanding, with 74 outsourcing firms committing to employ 60,000 specialists between 2022 and 2024. The country now hosts over 260 outsourcing centres, including 190 managed by global companies. Its electronics design...

Egypt’s annual urban inflation slows to 13.9% in July: CBE

Egypt’s annual urban inflation slows to 13.9% in July: CBE

Annual urban headline inflation in Egypt eased for the second consecutive month, dropping to 13.9% in July 2025 from 14.9% in June, according to the Central Bank of Egypt (CBE). The deceleration was mainly driven by a significant decline in fresh...

Israeli controls choke Gaza relief at Egypt border, say aid workers

Israeli controls choke Gaza relief at Egypt border, say aid workers

At the Rafah crossing into the Gaza Strip, hundreds of aid trucks sat unmoving in the Egyptian desert, stuck for days with only a handful allowed through by Israel to relieve the humanitarian disaster across the border. After nearly two years of...

Egypt: Juhayna's consolidated net profits near $16.1mln in H1-25

Egypt: Juhayna's consolidated net profits near $16.1mln in H1-25

Juhayna Food Industries delivered lower consolidated net profits after tax valued at EGP 780.82 million in the first half (H1) of 2025, compared to EGP 1.48 billion in H1-25. Net sales hit EGP 14.16 billion in the first six months (6M) of 2025,...

Egypt sets $12bn target for ready-to-wear garment exports by 2031

Egypt sets $12bn target for ready-to-wear garment exports by 2031

Abdel Aziz Elsherif, Head of the Egyptian Commercial Service (ECS), met with Fadel Marzouk, Chairperson of the Apparel Export Council of Egypt (AECE), to discuss a comprehensive plan to boost Egyptian exports of ready-to-wear garments and...

I'm Going to Egypt—34 Fashion and Beauty Items I'm Packing to Take on Camels, Pyramids, and the Nile

I'm Going to Egypt—34 Fashion and Beauty Items I'm Packing to Take on Camels, Pyramids, and the Nile

While I hope to have fun Euro summer sometime next year, this year, I'm headed to Egypt. I'm no stranger to Africa, as my family is Nigerian, but I have yet to travel to Egypt. In a couple of weeks, my best friend and I will go on many adventures...

Egypt’s Support for Gaza Aid Continues Uninterrupted, Says Maya Morsy

Egypt’s Support for Gaza Aid Continues Uninterrupted, Says Maya Morsy

Mon 18 Aug 2025 | 04:55 PM Al-Azhar: the third EZCH relief convoy passes through the ‎Rafah borderline in support of Gaza Egypt’s Minister of Social Solidarity Maya Morsy reaffirmed on Sunday that Cairo’s efforts to deliver humanitarian aid to...

Egypt exports 56,000 tons of fresh produce in one week

Egypt exports 56,000 tons of fresh produce in one week

Egypt exported around 56,000 tons of fresh produce last week, according to a report by the General Organization for Export and Import Control (GOEIC) released by the National Food Safety Authority (NFSA). The consignments were part of a total of...

Price cuts underway across Egypt, says trade federation report

Price cuts underway across Egypt, says trade federation report

Egyptian Prime Minister Mostafa Madbouly has reviewed a report from the Federation of Egyptian Chambers of Commerce on the progress of a recent initiative to lower prices on a wide range of goods and services across the country. The report,...

Misr Digital Innovation secures approval for Egypt’s first fully digital bank

Misr Digital Innovation secures approval for Egypt’s first fully digital bank

Banque Misr’s Misr Digital Innovation has received the green light from the Central Bank of Egypt (CBE) to transition into onebank, marking the establishment of the country’s first fully digital bank. The launch of onebank’s products and services...

Chevron and HELLENiQ weigh bids in Greece’s energy tender

Chevron and HELLENiQ weigh bids in Greece’s energy tender

Greece is counting down to the September 10 deadline for binding offers in its international tender for hydrocarbon exploration and production rights, a contest that could reshape the country’s role in the eastern Mediterranean energy map. The...

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