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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…
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…
EGX closes mixed on 21 October
Egypt’s stock market (EGX) closed mixed on Wednesday.
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…
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…
Egypt’s PM says Cairo traffic costs up to $10 bln a year
Cairo's traffic congestion costs Egypt an estimated $8 billion to $10 billion annually, Prime Minister Moustafa…
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…
Egypt says 15 mln people now live in new cities as expansion continues
About 14 million to 15 million Egyptians live permanently in the country’s new cities, Prime Minister Moustafa…
EGX closes in green area on 20 October
Egypt’s stock market (EGX) closed in the green area on Tuesday.
Egypt’s National Investment Bank eyes private partners to unlock value of transferred…
Egypt’s National Investment Bank (NIB) is studying partnerships to maximise returns from assets transferred to its…
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,…
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…
Egyptian pound at 54.32/54.42 against dollar at early trading – 20 Oct. 2026
The Egyptian pound was broadly stable against the US dollar during early trading on Tuesday, with exchange rates…
Sisi says Egypt paid heavy price for stability, urges focus on facts
President Abdel Fattah El-Sisi said on Monday that Egypt had paid a heavy human and financial price to maintain…
Egypt approves nearly EGP 13bn in foreign grants to NGOs in 2025/26
Egypt approved 1,828 foreign grants worth nearly 13 billion Egyptian pounds for civil society organisations in the…
EGX closes mostly green on 19 October
Egypt’s stock market (EGX) closed mostly green on Monday.
Education, inflation top public concerns at Egypt Forum, Madbouly says
Education ranks first among Egyptians' concerns, followed by issues including prices and inflation, healthcare,…
Egypt Forum to address 42 public questions, outline plans through 2030 – PM
Egypt's government will address 42 questions reflecting citizens' concerns and outline its priorities through 2030…
Egypt’s Suez Canal Economic Zone ranks seventh globally in free zone awards
Egypt's Suez Canal Economic Zone (SCZONE) ranked seventh worldwide in fDi Intelligence's 2026 Global Free Zones of…
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…
Egypt to begin 18,000-sq-km offshore seismic survey within two weeks
Egypt will begin the first phase of an advanced offshore seismic survey covering around 18,000 square kilometres in…
Egypt discusses $1.5b phosphate fertiliser complex in Ain Sokhna
Egypt’s Minister of Petroleum and Mineral Resources, Karim Badawi, and Fertiglobe CEO Ahmed El-Hoshy discussed on…
Egyptian pound at 53.46/53.56 against dollar at early trading – 19 Oct. 2026
The Egyptian pound was broadly stable against the US dollar during early trading on Monday, with exchange rates…
‘Not Now’: Egypt’s Balancing Act between the IMF and Its People
Economic pain has a threshold. Prudent governments understand that the difference between hardship a population can…
Egypt approves Banque du Caire’s share sale worth up to EGP24.25 bln
Egypt’s Financial Regulatory Authority (FRA) approved on Sunday the prospectus for Banque du Caire’s share…
Egypt’s stocks start week in dark red amid broad selloff
Egyptian stocks slumped on Sunday, with the benchmark EGX30 index falling 2.63% to 50,896.19, its lowest daily…
Sisi chairs Defence Council meeting, pledges full support for Saudi Arabia
Egypt pledged full support for Saudi Arabia’s security and stability on Sunday, as the National Defence Council…
Egyptian pound at 53.65/53.75 against dollar at midday trading – 18 Oct. 2026
The Egyptian pound was broadly stable against the US dollar at midday on Sunday, with exchange rates showing…
Moody’s upgrades Egypt to B3, keeps positive outlook
Moody's Ratings upgraded Egypt's sovereign credit ratings to B3 from Caa1 on Friday, citing sustained fiscal…
Egypt, Thailand sign 3 agreements to boost trade, investment ties
Egypt and Thailand signed three cooperation agreements on Thursday to strengthen bilateral ties and expand trade,…