Business
Dubai-owned Dragon Oil considering 3 investment opportunities in Egypt
April 1, 2026
Dubai-owned Dragon Oil considering 3 investment opportunities in Egypt
Dragon Oil, wholly owned by Dubai government, is considering three new investment opportunities in Egypt, Asharq News reported, citing the…
Petroleum min, United Energy Group discuss plans to boost production in Western Desert
March 31, 2026
Petroleum min, United Energy Group discuss plans to boost production in Western Desert
Minister of Petroleum and Mineral Resources Karim Badawi held talks with Song Yu, CEO of United Energy Group (UEG), and…
US dollar surpasses LE 53.60 during bank transactions
March 30, 2026
US dollar surpasses LE 53.60 during bank transactions
The exchange rate of the US dollar against the Egyptian pound saw a notable increase during Sunday’s trading, coinciding with…
Finance Minister: 2026-2027 budget targets LE4 trillion in revenues
March 29, 2026
Finance Minister: 2026-2027 budget targets LE4 trillion in revenues
Minister of Finance Ahmed Kouchouk announced on Saturday, 28/3/2026, that the state general budget for the 2026-2027 fiscal year is…
IMF projects Egypt’s tourism revenues to reach US$ 28.7 billion by 2030-2031
March 28, 2026
IMF projects Egypt’s tourism revenues to reach US$ 28.7 billion by 2030-2031
The International Monetary Fund (IMF), in its fifth and sixth reviews of the Egyptian economy, projected that tourism revenues would…
Egypt moves to double currency swap with China amid regional war fallout
March 26, 2026
Egypt moves to double currency swap with China amid regional war fallout
As military tensions continue to reshape the Middle East, Egypt is moving to solidify its financial defenses through deeper strategic…
Why an end to the war won’t take fuel prices back to normal overnight
March 24, 2026
Why an end to the war won’t take fuel prices back to normal overnight
An end to the Iran war will bring immediate relief to oil and natural gas markets, but it could take…
Finance Minister: Basic needs, social protection top fiscal agenda
March 22, 2026
Finance Minister: Basic needs, social protection top fiscal agenda
Minister of Finance Ahmed Kouchouk stressed that the current priority is to secure sufficient and sustainable financial resources to meet…
Expert warns of $200 oil in ‘greatest energy crisis in history’
March 22, 2026
Expert warns of $200 oil in ‘greatest energy crisis in history’
International energy consultant Mamdouh Salameh warned that the ongoing closure of the Strait of Hormuz—even for a brief period—will trigger…
Why the Trump administration is easing sanctions on certain Iranian oil stockpiles
March 21, 2026
Why the Trump administration is easing sanctions on certain Iranian oil stockpiles
Trump administration officials are making a desperate push to secure every available barrel of oil amid a worsening energy crisis…