Egypt

Egypt’s bourse up on cabinet reshuffle, gains LE37bn

Egypt’s bourse up on cabinet reshuffle, gains LE37bn

Egyptian Exchange (EGX) indexes posted gains worth more than LE37 billion during last week’s trading, amid news of a cabinet…
President Sisi issues 3 new decrees

President Sisi issues 3 new decrees

President Abdel Fattah al-Sisi issued decree no. 53 of 2024 approving second amendment of a grant agreement supporting integrated solutions…
Tayyeb condemns mass genocide perpetrated against Palestinians

Tayyeb condemns mass genocide perpetrated against Palestinians

Al Azhar Grand Imam Dr Ahmed al-Tayyeb has strongly condemned the mass genocide being perpetrated against the Palestinians. The unprecedented…
Interior Ministry reveals details behind North Coast nightclub fight

Interior Ministry reveals details behind North Coast nightclub fight

The Interior Ministry on Friday revealed the circumstances surrounding a violent fight in a nightclub on the North Coast, after…
US dollar exchange rate against the Egyptian pound on Friday

US dollar exchange rate against the Egyptian pound on Friday

The exchange rate of the US dollar against the Egyptian pound stabilized on Friday after the last decline recorded on…
Bringing down prices: Government and Central Bank prioritize inflation relief

Bringing down prices: Government and Central Bank prioritize inflation relief

Prime Minister Mostafa Madbouly reviewed during his meeting on Thursday with Governor of the Central Bank of Egypt (CBE) Hassan…
Egypt’s Fuel Pricing Committee to convene soon to decide on gasoline prices

Egypt’s Fuel Pricing Committee to convene soon to decide on gasoline prices

The Petroleum Products Pricing Committee, which is responsible for monitoring fuel prices in Egypt and linking them to global markets,…
Slight respite from the heat expected in Egypt

Slight respite from the heat expected in Egypt

The Egyptian Meteorological Authority (EMA) has announced that temperatures will be extremely hot and humid weather during the daytime on…
Egypt rolls out first electric bus fleet in Sharm El-Sheikh with a LE50 million investment

Egypt rolls out first electric bus fleet in Sharm El-Sheikh with a LE50 million investment

Egypt launches clean transportation initiative in Sharm El Sheikh with five electric buses. The Governor of South Sinai stated that…
Egypt-Saudi Arabia electricity interconnection project to begin operation in July 2025

Egypt-Saudi Arabia electricity interconnection project to begin operation in July 2025

The first phase of the Egypt-Saudi Arabia electricity interconnection project is scheduled to begin operation in July 2025, Egyptian Deputy…
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