Business

IMF set to approve US$2.7 billion to Egypt after New Year holidays: Source

IMF set to approve US$2.7 billion to Egypt after New Year holidays: Source

An informed government source said that the International Monetary Fund‘s (IMF) Executive Board will convene after the New Year holidays…
Gold rises to highest level in half a century globally

Gold rises to highest level in half a century globally

The global price of gold surged to a level not seen in 46 years, particularly since 1979, with an ounce…
Prime Minister witness signing of contract to operate historic Continental Hotel

Prime Minister witness signing of contract to operate historic Continental Hotel

Egypt’s Prime Minister Mostafa Madbouly witnessed on Sunday the signing ceremony of a contract to manage and operate the historic…
$1.8 billion Egypt-Saudi grid is set to transform energy security across regional power markets

$1.8 billion Egypt-Saudi grid is set to transform energy security across regional power markets

The Egyptian government announced that the electricity interconnection project between Egypt and Saudi Arabia has entered its final stage, paving…
Egypt, Equatorial Guinea FMs in talks over economic, development cooperation

Egypt, Equatorial Guinea FMs in talks over economic, development cooperation

CAIRO, Dec 21 (MENA) – Minister of Foreign Affairs, Emigration and Egyptian Expatriates Badr Abdelatty discussed with Equatorial Guinea’s Foreign…
Egypt boosts environmental leadership in 2025 with green economy drive, marine protection and climate action

Egypt boosts environmental leadership in 2025 with green economy drive, marine protection and climate action

CAIRO, Dec 20 (MENA) – Egypt continued in 2025 to strengthen its regional and international leadership in environmental protection and…
Egypt rejects claims of ceding Sokhna land to Qatari firm; clarifies details of $200 million investment

Egypt rejects claims of ceding Sokhna land to Qatari firm; clarifies details of $200 million investment

The Egyptian Cabinet’s Media Center has issued a formal statement to debunk widespread allegations regarding the purported “concession” of land…
Naguib Sawiris sets sights on managing three major Egyptian airports

Naguib Sawiris sets sights on managing three major Egyptian airports

The Chairman of Orascom Investment Holding (OIH), Naguib Sawiris, has announced his intention to compete for the management contract of…
All you need to know about Egypt and Israel record-breaking $35 billion gas deal

All you need to know about Egypt and Israel record-breaking $35 billion gas deal

Israeli Prime Minister Benjamin Netanyahu announced on Wednesday evening the official approval of a major natural gas agreement with Egypt.…
PM: Reducing public & external debt key objective of economic policy

PM: Reducing public & external debt key objective of economic policy

CAIRO, Dec 16 (MENA) – The government has set reducing public and external debt, along with lowering debt-servicing costs, as…
Back to top button