OPEC+ receives updated output compensation plans from 8 members
The Organisation of the Petroleum Exporting Countries (OPEC+) has received revised oil output compensation plans…
Egypt explores transport cooperation with S. Arabia
Egypt’s Minister of Industry and Transport Kamel El Wazir met with Saudi Minister of Transport and Logistic…
Oil prices drops on Wednesday
Oil prices fell by about 1 per cent on Wednesday as escalating US-China trade tensions heightened concerns over…
Egypt, Japan eye joint ventures in AI, tech talent
Egypt’s Minister of Communications and Information Technology Amr Talaat held a meeting on Tuesday with Japan’s…
Egypt’s parliament approves FY2023/2024 final accounts
Egypt’s House of Representatives has approved the final account of the state’s general budget, treasury budget,…
Egypt welcomes EU’s €1.6b aid package for Palestinian recovery
Egypt has welcomed the European Commission’s announcement on Monday of a multi-annual €1.6 billion financial…
Egypt, Armenia discuss boosting trade, tech cooperation
Egypt and Armenia held consultations focusing on enhancing cooperation across various sectors, particularly…
EGP wavers against US dollar in early trade
The Egyptian pound (EGP) fluctuated against the US dollar (USD) in early trading on Wednesday, April 16, 2025, at…
Scope places US AA credit rating under review for downgrade
Scope Ratings has on Tuesday placed the United States’ AA long-term credit ratings under review for a possible…
Egypt eyes debt-to-GDP cut to 81% by June 2026
Egypt aims to lower its debt-to-GDP ratio to 81 per cent by the end of June 2026, as part of a broader strategy to…