Egypt’s Phosphate Misr posts 194% surge in annual post-tax profit
Egypt’s state-owned Phosphate Misr reported a 194 per cent jump in net profit after tax for fiscal year 2024,…
Egypt’s Health Min. says Eastern Mediterranean nations committed to WHO goals
Egypt’s Health Minister Khaled Abdel Ghaffar on Monday reaffirmed the commitment of countries in the World Health…
EU provisionally agrees to €4bn aid for Egypt
The European Council has reached Monday a provisional agreement with the European Parliament to disburse Egypt €4…
Egypt’s ETA denies media claims of VAT increase
The Egyptian Tax Authority (ETA) has denied recent reports of plans to increase the Value Added Tax (VAT) rate or…
China cuts key lending rates
China reduced benchmark lending rates for the first time since October on Tuesday, with major state banks also…
Egypt’s Elab hits record output, earns carbon footprint certificate in ’24
Egypt’s Egyptian Linear Alkyl Benzene Company (Elab) achieved its highest production and environmental performance…
Asia-Pacific markets rise on China’s rate cut
Asia-Pacific markets rose on Tuesday as China reduced its key lending rates by 10 basis points to support its…
China’s PBC offers 135b yuan off reverse repo
The People’s Bank of China (PBC) announced on Monday a 7-day 135-billion-yuan reverse repo at an interest rate of…
Egypt’s PM opens Sumitomo auto wiring plant
Egypt’s Prime Minister Moustafa Madbouly witnessed the opening of SE Wiring Systems Egypt S.A.E., a subsidiary of…
Egypt, Uzbekistan explore crop collaboration
Egypt’s Minister of Agriculture Alaa Farouk met with Uzbekistan's Ambassador in Cairo Mansur Bek Klichev to enhance…
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