Business
Gold heads for fourth weekly gain amid rate cut expectations
September 12, 2025
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
September 11, 2025
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
September 10, 2025
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
September 9, 2025
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
September 8, 2025
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
September 8, 2025
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
September 8, 2025
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
September 6, 2025
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
September 5, 2025
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
September 3, 2025
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,…