IMF raises Egypt’s growth forecast to 3.8%
The International Monetary Fund (IMF) has raised Egypt’s growth forecast for fiscal year 2024/25 to 3.8 per cent,…
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EGX closes in green area on May 27
The Egyptian Exchange (EGX) closed higher on Tuesday, led by gains in blue-chip and Shariah-compliant shares, with…
Egypt’s Madbouly urges state firms to boost efficiency, expand private sector…
Egyptian Prime Minister Moustafa Madbouly on Tuesday called for continued efforts to enhance the performance of…
Norway’s oil, gas investment to hit record in ’25
Norway’s oil and gas investments are set to reach a record 269.1 billion crowns ($26.62 billion) in 2025, up from…
Egypt, IBM sign MoU to train 100k AI specialists
Egypt’s Ministry of Communications and Information Technology (MCIT) has signed a Memorandum of Understanding (MoU)…
Egypt’s Petroleum Min. opens TAQA’s new operations centre
Egypt’s Minister of Petroleum Karim Badawi inaugurated Saudi TAQA’s new Integrated Operations Centre in Katameya on…
Egypt to pilot unified smart card for subsidy distribution in Port Said
Egypt is preparing to launch a unified smart card system to replace existing subsidy cards, with a pilot phase…
EGX closes mixed on May 26
Egypt’s stock market (EGX) closed mixed on Monday. The main index, EGX30 went down by 0.32 per cent, to 31,922.5…
Petroleum Minister inspects Ain Sokhna LNG facilities
Egypt’s Minister of Petroleum and Mineral Resources Karim Badawi inspected LNG infrastructure developments at SUMED…
Egypt, Germany sign new debt swap agreement
Egypt and Germany have signed a new €21 million debt swap tranche on Monday to enhance the supply of renewable…
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