Egypt, Cyprus sign agreement on Cronos Field expansion
Egypt and Cyprus signed an agreement to develop and expand the Cyprus’ Cronos gas field on Monday. The deal,…
Egypt, S. Arabia for strengthening collaboration
Egypt’s Minister of International Cooperation Rania A. Al-Mashat met with the Minister of Economy and Planning of…
Egypt’s El-Sherbiny pushes for local industry in urban projects
Egypt’s Minister of Housing Sherif El-Sherbiny stressed the importance of prioritising locally manufactured…
EGX closes mixed on Feb 17
Egypt’s stock market (EGX) closed mixed on Monday. The main index, EGX30 went down by 0.02 per cent, to 30,436.71…
Egypt’s Sisi discusses expansion plans with Apache CEO
Egypt’s President Abdel Fattah El-Sisi held a meeting on Monday with John J. Christmann, CEO of US-based Apache…
Gold prices climb on trade tensions
Gold prices climbed above $2,900 per ounce on Monday, buoyed by a declining dollar and concerns about a potential…
EGP edges lower vs. USD at Monday’s close – CBE
The Central Bank of Egypt (CBE) reported the average closing exchange rates for the US dollar (USD) against the…
Egypt targets $7b in food exports by ’25 – FEC
Egypt is aiming to increase its food exports to over $7 billion in 2025, with plans to double this figure in the…
Egypt’s SCzone witnesses launch of $38m electronics project
Egypt's General Authority of the Suez Canal Economic Zone (SCzone) witnessed the groundbreaking for an electronics…
Egypt-Cyprus trade exchange hits $327m in 2024
The trade exchange between Egypt and Cyprus recorded $327 million in 2024, marking a notable increase from $115…