Tag: Egypt

BusinessHot News

Egypt raises electricity prices as energy costs surge

Egypt raises electricity prices for heavy users as energy import costs surge, while shielding lower-income households from tariff increases.

Omokolade Ajayi Omokolade Ajayi
Hot NewsBusiness

Egypt to pay $1.3 billion in oil company arrears by June amid energy crunch

Egypt plans $1.3 billion arrears payment to international oil firms by June, easing energy strains and boosting investor confidence.

Omokolade Ajayi Omokolade Ajayi
Egypt FRA approves Al Ahly Green Agricultural Investment Fund Company
BusinessTechnology

Egypt’s FRA approves first private equity fund for agriculture

Egypt is expanding investment opportunities to support productive sectors of its economy. The Financial Regulatory Authority (Egypt) has approved the establishment of the Al Ahly Green Agricultural Investment Fund Company. The approval marks the country’s first private equity fund dedicated primarily to agriculture.  Officials say the initiative reflects growing investor interest in sustainable food production and long-term economic opportunities. The…

Oluwatosin Alao Oluwatosin Alao
BusinessHot News

UAE’s Mubadala Energy acquires 15% stake in Egypt’s Nargis offshore field

Mubadala Energy buys 15 percent of Egypt’s Nargis offshore field, strengthening its gas presence in the Eastern Mediterranean.

Omokolade Ajayi Omokolade Ajayi
Hot NewsBusiness

Egypt backs Russia-led BRICS grain exchange, expands trade ties

Egypt deepens ties with Russia, backing a BRICS grain exchange while expanding energy, trade, and investment cooperation across key sectors.

Omokolade Ajayi Omokolade Ajayi
Omar Khairy
BusinessExclusive

Egyptian entrepreneur Omar Khairy unveils RIGA Holding’s 2026 projects in Sao Tome, Senegal, Mozambique and others

Egyptian entrepreneur Omar Khairy unveils RIGA Holding’s 2026 projects in Sao Tome, Senegal, Mozambique, and across sub-Saharan Africa.

Editorial Team Editorial Team
The trains themselves meet international standards, offering speed, comfort, and reliability for passengers.
TourismBusiness

Egypt unveils high-speed rail plan to lift tourism

At a Glance Egypt is moving swiftly to modernize its transport infrastructure with a landmark 15-year contract to operate a high-speed electric train network, a move that could reshape both tourism and trade across the country. Signed in November in Cairo, the agreement pairs the National Authority for Tunnels with a global consortium led by Deutsche Bahn International Operations and…

Oluwatosin Alao Oluwatosin Alao
McDonald’s
ExclusiveTourism

McDonald’s in Africa: African countries with McDonald’s restaurants

McDonald’s adapts to local tastes and economies in Morocco, Egypt, South Africa, and Tunisia with growing impact beyond fast food.

Omokolade Ajayi Omokolade Ajayi
Egypt airport
BusinessTourism

Egypt plans first airport management bids to boost aviation sector

Egypt will open airport management bids in late 2025, starting with Hurghada, aiming to boost tourism and FDI under its Vision 2030 reforms.

Timilehin Adejumobi Timilehin Adejumobi
EGYPT ENERGY
BusinessTechnology

Egypt joins $1 billion climate fund for green energy transition

Egypt joins CIF’s $1 billion climate fund to decarbonize industry, spur green jobs and FDI, and bolster its role as a clean energy leader in emerging markets.

Timilehin Adejumobi Timilehin Adejumobi
Egypt tourism
TourismHot News

Egypt sets sights on 30 million tourists by 2031 with new strategy

Egypt aims to attract 30 million tourists annually by 2031, boosting hotels, heritage sites, and investment to become a global tourism and FDI hub.

Timilehin Adejumobi Timilehin Adejumobi
Four Seasons Hotel at The First Residence
Hot NewsLuxury

Luxury in the heart of Cairo: Four Seasons Hotel at The First Residence

Experience timeless luxury at Four Seasons Cairo, with Nile views, gourmet dining, and curated tours of Giza, Islamic Cairo, and Mediterranean escapes.

Omokolade Ajayi Omokolade Ajayi