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Egypt signs 4 MoUs to boost oil, gas production
Egypt’s Ministry of Petroleum signed four crucial memoranda of understanding (MoUs) today to enhance oil and gas…
Putin: BRICS grain exchange could become full-fledged commodity exchange
Russian President Vladimir Putin has proposed that the BRICS grain exchange, initially suggested by Russia, could…
FAO to co-lead $109m of new pandemic fund projects
The Food and Agriculture Organisation (FAO) will co-lead the implementation of 21 new projects worth $109 million…
BRICS to form WTO consultation mechanism for fairer trade rules
BRICS member countries will establish a consultation mechanism to address World Trade Organisation (WTO) issues,…
BRICS to hold 36.7% of global economy by ’24 – Putin
BRICS countries will hold a 36.7 per cent share of the global economy on a purchasing power basis by 2024,…
Remittances from Egyptian expats in BRICS nations hit $10.4b in FY22/23
Egyptian expatriates in BRICS countries remitted $10.4 billion during the fiscal year 2022/2023, down from $14.5…
US unemployment rate holds steady at 4.1% in Sept
The US unemployment rate remained unchanged at 4.1 per cent in September 2024, according to the Bureau of Labor…
EGX closes in red on Oct 23
Egypt’s stock market (EGX) closed in red area on Wednesday. The main index, EGX30 went down by 0.04 per cent, to…
BRICS investments in Egypt hit $4.4b in FY22/23
BRICS countries’ investments in Egypt declined sharply to $4.4 billion in the fiscal year 2022/2023 from $19.5…
EGP slips aganist USD at Wednesday’s close
The Central Bank of Egypt (CBE) reported the average closing exchange rates for the US dollar (USD) against the…