Petroleum Minister directs early start of West Amer oil operations
Egypt's Petroleum Minister Karim Badawi has directed the Egyptian General Petroleum Corporation (EGPC) to…
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Egypt to launch $573m phosphoric acid plant in 2026
Egypt’s Ministry of Petroleum and Mineral Resources is moving ahead with a major industrial project to locally…
Egypt eyes regional insurance hub status in talks with AXA executives
The Minister of Investment and Foreign Trade, Hassan El-Khatib, met with AXA Global officials on Thursday to…
EGX ends week in dark red on June 12
The Egyptian Exchange (EGX) ended sharply lower on Thursday, with all major indices in negative territory amid…
Fitch revises global shipping outlook to ‘Deteriorating’
Fitch Ratings downgraded its 2025 outlook for the global shipping sector to ‘deteriorating’ from ‘neutral’, citing…
US Senate clears over $3b in arms sales to Qatar, UAE
The US Senate on Wednesday voted down two resolutions that sought to block more than $3 billion in arms sales to…
Egypt explores reforms to ration system, considers replacing custodial penalties with…
Egypt’s Minister of Supply and Internal Trade, Sherif Farouk, met with representatives of the Food Division in Giza…
Egypt’s Khalda to start production from 2 new oil wells
Khalda Petroleum Company, which operates concessions in Egypt for US Apache Corp, is set to bring two new wells…
Egypt’s tax revenues set record
Egypt recorded its highest annual growth in tax revenues in recent years, with a 37.8 per cent increase during the…
Egypt govt. reviews divestment programme
Prime Minister Mostafa Madbouly chaired a meeting evening to follow up on the implementation of Egypt’s government…
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