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Shell warns of shipping risks as Israel-Iran conflict escalates
Shell is taking extra precautions with its shipping operations in the Middle East due to escalating tensions…
EIB backs €1.6b France-Spain power interconnector
The European Investment Bank (EIB) will invest €1.6 billion ($1.84 billion) in a new power interconnector between…
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 economy to grow by 3.8% in FY 2024/25 – World Bank
Egypt’s economy is expected to grow by 3.8 per cent in fiscal year 2024/25, up from an estimated 2.4 per cent in…
Egypt’s Sisi witnesses launch of Future of Egypt Industrial City Phase I
President Abdel Fattah El Sisi witnessed Wednesday the inauguration of the first phase of Egypt’s Mostaqbal Misr…
Egypt unveils economic roadmap to Senate, sets 4% growth target for FY2025/26
Egypt unveiled its draft economic and social development plan for the 2025/26 fiscal year before the Senate on…
EGAS, ExxonMobil sign preliminary MoU to launch new production sharing model in Egypt
The Egyptian Natural Gas Holding Company (EGAS) and ExxonMobil Egypt signed a memorandum of understanding (MoU) in…
Egypt’s FM, German Minister discuss migration, Gaza, Libya
Egypt’s Foreign Minister Badr Abdel-Aty emphasised Egypt’s commitment to addressing migration, particularly through…
Counsel Masters, Carrefour Egypt sign partnership to establish largest hypermarket in New…
Council Masters and Carrefour Egypt have signed a partnership to establish the largest Carrefour hypermarket in New…
EGP rises vs. dollar at Tuesday’s close
The Central Bank of Egypt (CBE) reported the average closing exchange rates for the US dollar (USD) against the…