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Commodities
Oil prices fall nearly 4% on Monday
Oil prices fell nearly 4 per cent on Monday as diplomatic efforts between Iran and Qatar raised hopes of easing…
Egypt studies grain, vegetable oil hub with BRICS investors
Egypt is studying the development of a logistics hub for grains and vegetable oils with potential participation…
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,…
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…
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…
Egypt studies flexible subsidy system
Egypt is studying a gradual transition from its current in-kind subsidy system to a more flexible cash-based…
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…
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…
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…
Oil prices fall on Monday
Oil prices fell on Monday as investors took profits after US President Donald Trump waived key sanctions and…
Oil prices rise on Wednesday
Oil prices rose on Wednesday after two vessels were struck in the Strait of Hormuz and Iranian officials told…
Oil prices fall on Tuesday
Oil prices fell on Tuesday, with Brent crude futures down 1.1 per cent to $105.47 a barrel and US West Texas…
Egypt, Saudi Arabia sign oil, gas cooperation MoU at IEF17
Egypt and Saudi Arabia signed a memorandum of understanding (MoU) to strengthen cooperation in oil, natural gas,…
BTC Officially Launches Gold and Silver Bullion Vending Machine in Egypt
BTC has officially launched its first vending machine for gold and silver ingots and coins in the Egyptian market,…
Egypt’s gold reserves hit $17.456 bln in September – CBE
Egypt’s gold reserves fell 8.4 per cent month-on-month to $17.456 billion at the end of September from $19.058…
Oil prices rise on Wednesday
Oil prices rose on Wednesday as traders weighed potential supply disruptions from a storm approaching US…
Egypt pays over EGP 18bn to sugarcane farmers
Egypt has paid over 18 billion Egyptian pounds to sugarcane farmers so far, Supply Minister Sherif Farouk told…
URGENT: Egypt denies fuel price hike rumours, says current rates unchanged
Egypt denied reports of an imminent fuel price increase, saying the committee overseeing its automatic fuel-pricing…
Egypt cracks down on bread violations
Egypt’s Ministry of Supply and Internal Trade has intensified monitoring campaigns on bakeries and markets,…
Oil prices hold firm on Thursday
Oil prices held firm on Thursday as recovering Gulf crude exports and a surprise rise in US inventories eased…
Oil prices rise on Wednesday
Oil prices rose on Wednesday after US President Donald Trump denied reports that he was willing to ease sanctions…
Oil prices rise on Tuesday
Oil prices rose for a second straight session on Tuesday as concerns over supply disruptions from the US-Israeli…
Oil prices rebound on Monday
Oil prices rebounded on Monday, with Brent crude rising more than 2 per cent after US President Donald Trump…
Oil prices fall on Wednesday
Oil prices extended their declines on Wednesday as investors focused on improved Gulf supplies following Saudi…
Oil prices rebound on Tuesday
Oil prices rose on Tuesday after four consecutive sessions of declines as investors awaited potential US-Iran talks…
Oil prices fall on Monday
Oil prices fell to their lowest level in more than a week on Monday as investors eyed potential diplomatic progress…
Oil prices fall on Thursday
Oil prices fell on Thursday as additional Saudi crude shipments through Oman eased concerns over supply…
Oil prices fall on Wednesday
Oil prices fell on Wednesday after a two-day rally, pressured by an unexpectedly large build in US crude…
Oil prices rise nearly 2% on Tuesday
Oil prices rose nearly 2 per cent on Tuesday as supply disruption concerns persisted after attacks on Saudi…
Oil prices rise nearly 3% on Monday
Oil prices rose nearly 3 per cent on Monday as fresh attacks on Saudi energy infrastructure and vessels in the Gulf…
Oil prices climbs on Wednesday
Oil prices climbed on Wednesday, with Brent crude approaching $100 a barrel for the first time since July, as…
Oil prices rise on Tuesday
Oil prices rose to multi-week highs on Tuesday as attacks on Saudi energy facilities and renewed tensions between…
Oil prices edge lower on Thursday
Oil prices edged lower on Thursday as investors weighed uncertainty over renewed US-Iran military strikes and the…
Oil prices rise on Tuesday
Oil prices rose on Tuesday as renewed fighting between the US and Iran revived concerns over supply disruptions…
Oil prices rise on Monday
Oil prices rose more than 2 per cent on Monday after US forces struck Iran’s Larak Island in the Strait of Hormuz,…
OVERVIEW: Egypt’s new bulk carriers Wadi Al-Nil and Wadi Al-Qamar
Egypt's National Navigation Company has taken delivery of two new dry bulk carriers, Wadi Al-Nil and Wadi Al-Qamar,…
Oil prices fall on Monday
Oil prices fell by more than $1 a barrel on Monday as investors took profits ahead of an expected US announcement…
Oil prices extend gains on Thursday
Oil prices extended gains for a fifth consecutive session on Thursday, with Brent crude rising 0.28 per cent to…
Oil prices rise on Tuesday
Oil prices rose for a third consecutive session on Tuesday as fading prospects for a deal to end the Middle East…
Oil prices rise on Monday
Oil prices rose on Monday as fading hopes for a US-Iran peace breakthrough and slowing tanker traffic through the…