Business
PM: State keen on empowering private sector as key development partner
March 3, 2026
PM: State keen on empowering private sector as key development partner
President Abdel Fattah al-Sisi’s directives to the government prioritize investment and foreign trade as fundamental pillars for achieving a strong…
US dollar nearing LE 49 after rising 88 piasters in banks
March 2, 2026
US dollar nearing LE 49 after rising 88 piasters in banks
The exchange rate of the US dollar against the Egyptian pound saw a notable increase during Sunday’s trading, with the…
Gold prices soar after US-Israeli war on Iran
March 2, 2026
Gold prices soar after US-Israeli war on Iran
Global markets opened trading on Monday with a sharp rise in gold prices driven by escalating geopolitical tensions. The US-Israeli…
Iran war disrupts local gold market in Egypt
March 1, 2026
Iran war disrupts local gold market in Egypt
Gold prices rose locally amid escalating tensions between the US and Israel over Iran, coinciding with the closure of global…
Egypt secures $2.3 billion from International Monetary Fund
February 27, 2026
Egypt secures $2.3 billion from International Monetary Fund
The International Monetary Fund (IMF) Executive Board has officially approved the combined fifth and sixth reviews of Egypt’s economic program,…
Gold in Egypt tops global prices
February 26, 2026
Gold in Egypt tops global prices
Gold prices in both domestic and international markets have undergone a period of marked instability over the last few days,…
Investment minister, Scatec CEO discuss expanding cooperation in green energy projects
February 25, 2026
Investment minister, Scatec CEO discuss expanding cooperation in green energy projects
Minister of Investment and Foreign Trade Mohamed Farid underscored the importance of continuing cooperation with Norway’s Scatec in the coming…
Gold retreats from a three-week high as a strengthening dollar weighs on precious metals
February 24, 2026
Gold retreats from a three-week high as a strengthening dollar weighs on precious metals
Gold prices retreated from a three-week peak on Tuesday, pressured by a surging US dollar despite lingering uncertainty over US…
US dollar Index climbs above 97.8 amid tariff uncertainty
February 24, 2026
US dollar Index climbs above 97.8 amid tariff uncertainty
The US Dollar Index (DXY) rose above the 97.8 level on Tuesday, rebounding after coming under pressure in the previous…
Govt finalized post-IMF deal’s economic vision – PM
February 23, 2026
Govt finalized post-IMF deal’s economic vision – PM
CAIRO, Feb 22 (MENA) – Prime Minister Mostafa Madbouly said the Ministry of Planning and Economic Development plays a central…