Asian markets retreat on Thursday
Asian markets retreated on Thursday after a sharp sell-off in US tech shares, triggered by disappointing earnings…
US Fed cuts interest rate to 3.5–3.75%
The US Federal Reserve on Wednesday lowered its benchmark interest rate by 1/4 percentage point to 3-1/2 to 3‑3/4…
Egypt’s Cabinet grants golden licence for ASP’s silicon facility
Egypt’s Cabinet on Wednesday approved a golden licence for the Alamein for Silicon Products (ASP) to establish and…
Egypt’s Cabinet approves development of Nasser Institute into world-class medical hub
Egypt’s Cabinet approved Wednesday a presidential decree to reallocate land and buildings at the Nasser Institute…
Egypt’s PM: IMF talks progressing, positive news expected in 2 days
Egyptian Prime Minister Moustafa Madbouly said Wednesday that discussions with the International Monetary Fund…
UNESCO adds Egyptian Koshari to intangible cultural heritage list
UNESCO has inscribed Egyptian Koshari on its Representative List of the Intangible Cultural Heritage of Humanity…
Egypt’s PM meets Chevron executive to boost energy cooperation regional gas partnerships
Egyptian Prime Minister Moustafa Madbouly met on Tuesday with Javier La Rosa, President of Base Assets and Emerging…
Suez Canal Chairman Osama Rabie first-time entrant on Lloyd’s top 100 list
For the first time, Lloyd’s List has included Suez Canal Authority Chairman Osama Rabie in its annual One Hundred…
Egypt’s stocks end in green on Wednesday, 10 Dec., 2025
Egypt’s main stock index rose on Wednesday, supported by broad-based gains and sustained foreign buying,…
Suez Canal Economic Zone breaks ground on China’s $70m Xinmin glass factory
The Suez Canal Economic Zone Authority held a groundbreaking ceremony on Wednesday for China’s Xinmin Glass factory…