Egypt pushes to resolve state financial entanglements
Egypt’s Prime Minister Mostafa Madbouly chaired a meeting to follow up on efforts to resolve long-standing…
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Algeria to receive $3b from IsDB
Algeria is set to secure $3 billion in financing from the Islamic Development Bank (IsDB) over the coming three…
EGX ends lower on May 19
The Egyptian Exchange (EGX) closed lower on Monday, as the market saw broad-based declines across major indices.
Britain, EU agree major post-Brexit defence, trade reset
Britain and the European Union (EU) agreed on Monday to the most significant reset of their defence and trade…
Egypt’s Human Development Index edges up in 2023 – UNDP
The United Nations Development Programme (UNDP) revealed an improvement in Egypt’s human development indicators,…
Egypt strengthens economic ties with Guangdong in investment forum
Egypt hosted the Economic and Investment Cooperation Forum with China’s Guangdong Province on Monday, focusing on…
Egypt’s Talaat Moustafa Group signs $3.9b real estate, tourism deal in Oman – Cabinet
Egypt’s Talaat Moustafa Group (TMG) signed a 1.5 billion Omani riyals ($3.9 billion) agreement with Oman’s Ministry…
China’s GAC Motor to invest $300m in Egypt car plant
China’s GAC Motor will invest $300 million to build a vehicle manufacturing plant in Egypt, aiming to serve both…
Oil falls on Monday
Oil prices dipped on Monday as Moody’s downgraded the US sovereign credit rating and China reported slower growth…
EDC eyes further Gulf expansion
Egyptian Drilling Company (EDC) is pushing to expand in Gulf markets after strong performance in Saudi Arabia and…
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