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URGENT
URGENT: GPC announces new discovery in Abu Sennan
Egypt's General Petroleum Corporation (GPC) has made a new oil discovery, GPR-1X, in the mature fields of the Abu…
EGX indices in red by mid-Sunday trade
Egypt’s stock market (EGX) continued its steep decline during mid-session trading on Sunday. The benchmark EGX30…
URGENT: Israeli army says it struck Iran’s nuclear facility in Isfahan
The Israeli army said it carried out a powerful strike on Iran’s nuclear facility in Isfahan, describing it as a…
EGX starts Sunday trade in negative territory
Egypt’s stock market (EGX) starts early Sunday trade in the red area. The main index, EGX30 goes down by 5.39 per…
Air India jet crashes after takeoff
An Air India flight bound for London’s Gatwick airport crashed on Thursday shortly after takeoff from Ahmedabad,…
Egypt’s Khalda to start production from 2 new oil wells
Khalda Petroleum Company, which operates concessions in Egypt for US Apache Corp, is set to bring two new wells…
IMF raises Egypt’s growth forecast to 3.8%
The International Monetary Fund (IMF) has raised Egypt’s growth forecast for fiscal year 2024/25 to 3.8 per cent,…
Egypt unveils new 3-year export rebate programme
Egypt has unveiled Wednesday a new 3-year export subsidy rebate programme valued at 45 billion Egyptian pounds,…
Egypt’s Talaat Moustafa Group signs $3.9b real estate, tourism deal in Oman – Cabinet
Egypt’s Talaat Moustafa Group (TMG) signed a 1.5 billion Omani riyals ($3.9 billion) agreement with Oman’s Ministry…
US CPI-U eases, 2.3% up YoY in April
US consumer prices rose by 0.2 per cent in April after a 0.1 per cent drop in March, according to the US Bureau of…