Business Egypt Headlines Technology

Egypt: Mobile Devices Manufacturing Surges in 2025

Egypt produced more than 10 million mobile devices in 2025, up sharply from 3.3 million units in 2024. The expansion reflects Egypt’s growing attractiveness to international manufacturers, with local components now accounting for more than 40 per cent of production. The remarks were made On Sunday, 28 December 2025, by Communications and Information Technology Minister, […]

Egypt Finance

Egypt’s Central Bank Cuts Key Interest Rates by One Percentage Point

The Central Bank of Egypt (CBE), on Thursday, 25 December, announced a 100-basis-point reduction in its key interest rates, marking its fifth rate cut this year as policymakers respond to easing inflationary pressures. In a statement, the CBE said its Monetary Policy Committee lowered the deposit rate to 20 percent, the lending rate to 21 […]

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Egypt’s Digital Economy Accelerates as Exports Surge to $7.4bn Over Seven Years

Egypt’s digital exports climbed to $7.4 billion in 2025, marking a 124 per cent increase from $3.3 billion in 2018, Communications and Information Technology Minister Amr Talaat announced on Monday, 22 December 2025. The minister said the surge has underpinned sustained annual growth of 14–16 per cent in the ICT sector, with outsourcing exports doubling […]

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Egypt Repatriates Over 2,600 Nationals from Libya in 2025

Egypt has repatriated 2,635 of its citizens from Libya since the start of 2025, the Foreign Ministry announced on Monday, December 22 as part of ongoing efforts to protect Egyptians abroad. Of those repatriated, 1,132 were from Tripoli and western Libya, and more than 1,500 from Benghazi and the eastern region. The ministry highlighted close […]

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Egypt’s Armed Forces denies reports of unlawful officer privileges

Egypt’s Armed Forces have dismissed social media claims alleging that military officers were granted unlawful privileges, describing the reports as a coordinated misinformation, drive by hostile actors abroad. In a statement issued on Sunday, 21 December, the military said the circulating documents were falsely attributed to the institution and deliberately included names of retired or […]

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Egypt ready for Zimbabwe clash as AFCON campaign begins: Pharaohs coach Hossam Hassan

Egypt head coach Hossam Hassan says the Pharaohs are fully prepared for their opening Africa Cup of Nations fixture against Zimbabwe on this December 22, describing the match as a strategic gateway that will shape the team’s momentum throughout the tournament. Speaking ahead of the game, Hassan stressed that the players are acutely aware of […]

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Egypt, Burundi Align on AU Agenda and Nile Basin Cooperation

Egypt and Burundi have reaffirmed their commitment to deepening bilateral relations and strengthening coordination on African Union (AU) priorities, following talks held in Cairo on Thursday, 18 December 2025. Egyptian Foreign Minister Badr Abdelatty met with Burundi’s Minister of Foreign Affairs, Regional Integration and Development Cooperation, Édouard Bizimana, congratulating him on his appointment and underscoring […]

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IFC-led consortium backs $572m Aswan solar-storage project to deepen Egypt’s energy resilience

The International Finance Corporation (IFC), on Thursday, 18 December 2025, announced a strategic partnership with Dubai-based AMEA Power and Japan’s Kyuden International Corporation to develop a 1,000-megawatt solar power plant integrated with a 600MWh battery energy storage system in Aswan, southern Egypt. The $571.8 million financing package, led by IFC with support from international partners, […]

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Egypt Face Nigeria in Key Friendly Ahead of AFCON Opener on 22 December

Egypt’s Pharaohs will face a stern examination of their readiness for the Africa Cup of Nations when they take on Nigeria in a high-profile friendly, just days before the start of their continental campaign. The warm-up match comes as Egypt prepare to open their AFCON journey on Monday, 22 December, against Zimbabwe. The tournament will […]

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Egypt FM Warns of Escalating Israeli Violence in West Bank

Egyptian Foreign Minister Badr Abdelatty has raised alarms over the escalating situation in the West Bank during a phone call on Thursday, 11 December, with UN Secretary-General António Guterres. He highlighted rising Israeli military and settler violence, ongoing land confiscations, and the risk of wider regional tension. Since October 2023, Israeli operations have reportedly killed […]