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URGENT
Suez Canal offers 15% toll break for large vessels starting May 15
The Suez Canal Authority will offer a 15 per cent discount on transit tolls for large container vessels in a bid to…
Egypt unveils 3 new oil, gas discoveries in Western Desert, Gulf of Suez
Egypt has made three new oil and gas discoveries in the Western Desert and the Gulf of Suez, as the government…
US, China reach historic deal to ease tariffs
The US and China agreed on Monday to cut reciprocal tariffs and implement a 90-day pause on further trade measures,…
US Federal Reserve keeps interest rates steady at 4.25–4.5%
The US Federal Reserve’s Federal Open Market Committee (FOMC) decided to maintain the target range for the federal…
US economy contracts in Q1 ’25
The US economy shrank by 0.3 per cent annually in the first quarter of 2025, marking a reversal from the 2.4 per…
Egypt’s Sisi orders unified business tax, faster customs
Egyptian President Abdel Fattah El Sisi on Sunday ordered the replacement of various fees collected by government…
URGENT: Egypt’s annual inflation up to 13.1% in March ’25
Egypt’s annual inflation rate accelerated to 13.1 per cent in March 2025, up from 12.5 per cent in February, driven…
Egypt’s net reserves reaches $47,75b in March – CBE
Egypt’s net international reserves reached $47.76 billion at the end of March 2025, according to the Central Bank…
URGENT: Egypt welcomes Armenia-Azerbaijan peace agreement
Egypt has welcomed the successful conclusion of peace negotiations between Armenia and Azerbaijan, expressing…
URGENT: Egypt strongly condemns Israeli airstrikes on Gaza
Egypt strongly condemns Israel’s airstrikes on Gaza in the early hours of Tuesday, which have so far claimed the…