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Money
Bank of England raises interest rates to 1.25%
The Bank of England raised on Thursday the interest rates to 1.25 percent for a fifth time respectively to tackle…
Egypt supports efforts to decarbonise energy sector
The Egyptian Electricity Holding Company (EEHC) and General Electric (GE) announced on Wednesday for a new…
Egypt signs gas agreement with Israel, EU to transport gas to Europe
Egypt and Israel have signed a memorandum of understanding (MoU) on Wednesday to transport natural gas exports to…
U.S. Fed hikes key interest rates by 0.75 percentage point, biggest since 1994
The U.S. Federal Reserve has announced on Wednesday its biggest hike in interest rates since 1994, a move aimed to…
Gold prices in Egypt on June 15
Gold prices in Egypt decreased on Wednesday as the global prices of the yellow metal recorded $1828.32.
ADIB Egypt bank expects double profits, assets in 2026
Abu Dhabi Islamic Bank Egypt (ADIB Egypt) said on Tuesday it expects assets and profits to double within five years…
Egypt’s natural gas provides to Jordan fulfil full quantities
Egypt's natural gas provided to Jordan is fulfilling the full quantities demanded by Jordan without disruption,…
France’s AFD picks Ismailia to develop first joint wholesale market in Egypt
The French Development Agency (AFD) has chosen the Suez Canal city of Ismailia to finance the development of the…
Telecom Egypt, Aqua Comms sign deal for EMIC-1 subsea cable
State-run Telecom Egypt (TE) announced on Tuesday the signing of a crossing and landing agreement with Dublin-based…
UAE’s Dana Gas in talks with Egypt to extend its right on Block 6 concession
Dana Gas - based in UAE is in talks with the Egyptian government seeking to extend its right on the Block 6 North…