Business

Gold heads for fourth weekly gain amid rate cut expectations

Gold heads for fourth weekly gain amid rate cut expectations

Global gold prices rose during early trading on Friday, heading for their fourth consecutive weekly increase. The growing concerns about…
No electricity price hike: Egypt’s Prime Minister

No electricity price hike: Egypt’s Prime Minister

Prime Minister Mostafa Madbouly affirmed that there is currently no increase in electricity prices. During a government press conference on…
PM chairs Supreme Council of Energy meeting

PM chairs Supreme Council of Energy meeting

Prime Minister Mostafa Madbouly chaired Tuesday, September 9, 2025, a meeting of the Supreme Council of Energy at the government…
Egypt launches massive LE 900 billion tourism project on Red Sea coast

Egypt launches massive LE 900 billion tourism project on Red Sea coast

Prime Minister Mostafa Madbouly on Monday evening witnessed the signing of partnership contracts between the Egyptian government, Emaar Misr and…
Emaar Properties announces investments in Egypt set to reach approximately US$35 billion

Emaar Properties announces investments in Egypt set to reach approximately US$35 billion

Founder of UAE Company Emaar Properties, Mohamed Alabbar said his company plans to invest LE 900 billion in the Marassi…
Egypt plans to reduce its debt to lowest level in history: PM

Egypt plans to reduce its debt to lowest level in history: PM

Prime Minister Mostafa Madbouly announced that Egypt is currently aiming to achieve the lowest debt reduction in its history, RT…
CBE: Egypt’s foreign exchange reserves rise to $49.250 billion in August

CBE: Egypt’s foreign exchange reserves rise to $49.250 billion in August

The Central Bank of Egypt (CBE) announced on Sunday, September 7th, 2025, an increase in the country’s foreign exchange reserves…
Petroleum Minister: Egypt, Cyprus to accelerate gas field link, aim for exports to Europe

Petroleum Minister: Egypt, Cyprus to accelerate gas field link, aim for exports to Europe

Petroleum and Mineral Resources Minister Karim Badawi said on Friday, 5/9/2025, that Egypt and Cyprus are making significant progress on…
Egypts slams Israeli threats as gas agreement hangs in the balance

Egypts slams Israeli threats as gas agreement hangs in the balance

Diaa Rashwan, head of the Egyptian State Information Service, commented on Israeli reports that Prime Minister Benjamin Netanyahu had directed…
National Bank of Egypt reduces number of dollar-denominated certificates of deposit

National Bank of Egypt reduces number of dollar-denominated certificates of deposit

The National Bank of Egypt (NBE) announced the suspension of some certificates of deposit in various foreign currencies (dollars, euros,…
Back to top button