Russia suspends Ukrainian grain export deal, following attack on Sevastopol
Russia has suspended its participation in UN-brokered agreement to export grain for Ukraine, following drone…
EGAS, Shell, 3 other firms to study building LNG bunkering hub in Suez Canal
Egyptian Natural Gas Holding Company (EGAS) signed a letter with Shell Global, Pyramid Navigation, Infinity Solar,…
NERO Electronics introduces smart metering solutions for electricity, gas, water at Egypt…
NERO Electronics is taking part in Egypt Energy 2022 at the Egypt International Exhibition Centre (EIEC) from…
Egypt’s pound falls to EGP 24 against dollar in some banks
Egypt’s pound currency dropped by around 4 percent to EGP 24 against the U.S. dollar as trading resumed on Sunday,…
UK PM Rishi Sunak won’t attend COP27 in Egypt to focus on domestic issues
UK Prime Minister Rishi Sunak and King Charles III will not be attending the climate conference COP27, which will…
Egypt launches new maritime cable Red2Med – minister
Egypt’s Ministry of Communications and Information Technology has inaugurated on Wednesday a new fully owned cable…
ECB raises interest rate by 75 basis points to combat inflation
The European Central Bank (ECB) has increased on Thursday a 75-basis point interest rate to combat inflation…
Egypt’s central bank aims to double foreign reserves in 4 years – Hassan Abdalla
Egypt's central bank aims to rebuild stronger foreign reserves and to be doubled within four years, said its…
Egypt’s capital market earns EGP25 billion after interest rate hikes
Egyptian stock exchange (EGX) indices rose on Thursday's trading session and the market capital gained 25 billion…
BREAKING: IMF, Egypt reach $3 billion staff-level agreement
The International Monetary Fund (IMF) announced on Thursday it had reached with authorities in Egypt a staff-level…
