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Egyptian Prime Minister Mostafa Madbouly on Wednesday highlighted the significant growth of the country’s information and communications technology (ICT) sector, which he said is a top government priority due to its role in creating thousands of jobs for youth and

Under the patronage of Egypt’s Prime Minister Mostafa Madbouly, Ericsson and the Information Technology Industry Development Agency (ITIDA) have signed a three-year Memorandum of Understanding (MoU) to advance Egypt’s information and communications technology (ICT) and digital services sectors. Aligned with

The European Bank for Reconstruction and Development (EBRD) has announced an additional $40m equity investment in its longstanding partner Infinity, Egypt’s leading renewable energy developer. The move raises the Bank’s total equity commitment to $141.5m, up from $101.5m. The fresh

Egypt’s annual urban inflation rate rose to 12.5% in October 2025, up from 11.7% in September, according to the Central Agency for Public Mobilization and Statistics (CAPMAS). The increase was largely driven by higher fuel prices, following the government’s decision

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