EGX closes in red area on 28 October
Egypt’s stock market (EGX) closed in the red area on Wednesday.
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Egypt doubles data on basic internet plan without price increase starting 1 Nov.
Egypt’s National Telecommunications Regulatory Authority (NTRA) has instructed fixed internet service providers to…
Egypt, Russia discuss oil, gas, mining cooperation at GECF Summit
Egypt’s Minister of Petroleum and Mineral Resources Karim Badawi met Russian Energy Minister Sergei Tsivilev in…
EGX closes in green area on 27 October
Egypt’s stock market (EGX) in the green area on Tuesday.
Egypt targets 6m tons in grain storage capacity by 2030 – minister
Egypt aims to increase grain silo storage capacity to 6 million tons by 2030, up from 4.4 million tons in 2026,…
Egypt signs three agreements for $650 mln Dandara solar project
Egypt signed three agreements on Monday to finance and develop the Dandara Solar Energy Project in Nag Hammadi with…
Oil prices fall around 1% on Tuesday
Oil prices fell around 1 per cent on Tuesday as renewed diplomatic efforts to ease tensions between the US and Iran…
EGX closes mostly red on 26 October
Egypt’s stock market (EGX) closed mostly red on Monday.
CBE, EIB discuss sustainable finance cooperation
Egypt’s Central Bank Governor Hassan Abdullah met on Monday with European Investment Bank (EIB) Vice President…
Egypt to launch OBN seismic survey in Gulf of Suez
Egypt will launch a seismic survey covering 1,035 square kilometres in the central and southern Gulf of Suez next…
Oil prices fall on Monday
Oil prices fell on Monday after rising to near six-month highs last week, as hopes of easing US-Iran tensions…
EGX closes in red area on 25 October
Egypt’s stock market (EGX) closed in the red area on Sunday.
Egypt’s manufacturing, extractive industries index rises 4.5% in August – CAPMAS
Egypt’s manufacturing and extractive industries production index, excluding crude oil and petroleum products, rose…
Egypt, World Bank launch partnership to develop mining sector
Egypt’s Ministry of Petroleum and Mineral Resources and the World Bank Group have launched a partnership and…
Egypt, Chevron report positive results from Nargis-2 gas well
Egypt’s Ministry of Petroleum and Mineral Resources and Chevron reported positive results from drilling the…
Egypt invests EGP 5t in electricity sector since 2014 – minister
Egypt has invested approximately 5 trillion Egyptian pounds in electricity generation, transmission, and…
Egypt’s AOI targets 20% export growth in 2027, plans 6 international partnerships
Egypt’s Arab Organization for Industrialization (AOI) is targeting 20 per cent export growth and plans to establish…
EGX closes in red area on 22 October
Egypt’s stock market (EGX) closed in the red area on Thursday.
Egypt studies flexible subsidy system
Egypt is studying a gradual transition from its current in-kind subsidy system to a more flexible cash-based…
EGX wins board seat at Arab Federation of Capital Markets
The Egyptian Exchange (EGX) has won a seat on the Board of Directors of the Arab Federation of Capital Markets…
Cypriot energy min. visits Egypt’s Damietta LNG plant amid gas cooperation push
Cyprus’s Minister of Energy, Commerce and Industry Michael Damianos inspected on Wednesday Egypt’s Damietta LNG…
Oil prices rise to highest level since May on Thursday
Oil prices rose to their highest level since May on Thursday, with Brent crude climbing 3.08 per cent to $112.17…
Egypt signs MoU for 273,000-square-metre logistics centre at Dekheila Port
The Alexandria Port Authority signed a memorandum of understanding (MoU) with Hassan Allam Utilities and Al Tarek…
Eni targets 2028 gas production from Cyprus’ Cronos field using Egyptian infrastructure
Italy’s Eni aims to begin gas production from Cyprus’ Cronos field in 2028 by leveraging Egypt’s existing energy…
Suez Canal Authority, Hapag-Lloyd discuss cooperation
Egypt’s Suez Canal Authority (SCA) Chairman Osama Rabie met on Tuesday with Juan Pablo Richards, Regional Head for…
Egypt’s Central Bank trains 11 African counterparts on climate risks
The Central Bank of Egypt (CBE) hosted a five-day training programme for 25 participants representing 11 central…
Egypt’s private insurance funds assets rise 21.7% to EGP238.2b in 2025 – FRA
Egypt’s private insurance funds recorded a 21.7 per cent annual increase in total assets to 238.2 billion Egyptian…
Oil prices rise by more than $1 on Wednesday
Oil prices rose by more than $1 on Wednesday as escalating Middle East tensions heightened concerns over supply…
Egypt adds 591 wells, makes 113 discoveries in two years – minister
Egypt added 591 wells to its production map and made 113 discoveries between July 2024 and June 2026, Petroleum…
Saipem, Egypt’s Modern Drilling sign MoU to boost oil and gas cooperation
Italy’s Saipem and Egypt’s Modern Drilling Company (MDC) signed a memorandum of understanding on Tuesday to…
Egypt, Chevron initial fiscal regime agreement for Cyprus’s Aphrodite gas field
Egypt and Chevron initialled a fiscal regime agreement on Tuesday to advance the development of Cyprus’s Aphrodite…
EGX closes in green area on 20 October
Egypt’s stock market (EGX) closed in the green area on Tuesday.
Suez Canal sees Maersk voyages rise to 276 in first 9 months of 2026
Egypt's Suez Canal recorded 276 voyages by Maersk Group vessels, with a total net tonnage of 23.3 million tons,…
Oil prices rise on Tuesday
Oil prices rose on Tuesday, with Brent crude trading near a five-month high as reported Houthi attacks on Saudi…
Eni starts up second phase of Egypt’s Meleiha gas project
Italy’s Eni has launched start-up activities for the second phase of the Meleiha gas project in Egypt’s Western…
EGX closes mostly green on 19 October
Egypt’s stock market (EGX) closed mostly green on Monday.
ITIDA, NTI train 10,485 students in technology skills across Egypt
Egypt’s Information Technology Industry Development Agency (ITIDA) and the National Telecommunication Institute…
Egyptian Exchange, state media authority sign financial literacy deal
The Egyptian Exchange (EGX) signed a cooperation protocol with the state media authority MASPERO on Monday to…
Egypt’s Petroleum Min warns against fake job advertisements
Egypt’s Ministry of Petroleum and Mineral Resources has warned citizens against fake job advertisements circulating…