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URGENT
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…
Egypt secures ADF financing for VICMED project
Egypt has secured financing from the African Development Bank (ADF) to partially fund Phase 2, Part 1 of the…
Egypt’s annual inflation falls to 12.5% in Feb – CAPMAS
Egypt’s annual urban consumer price inflation rate fell to 12.5 per cent in February 2025, down from 23.2 per cent…
Egypt OIL: BP confirms gas discovery at Fayoum-5 well
BP has discovered a gas-bearing reservoir at the Fayoum-5 exploration well in the North Alexandria area, west of…
Egypt to build $660m liquid, gas bulk terminal at Dekheila Port
The General Authority for Alexandria Port and the Alexandria Supply Chain Company (ASCC) signed an initial $660…