Sisi, von der Leyen discuss Egypt-EU ties, regional issues at G7 Summit
Egypt's President Abdel Fattah El Sisi and European Commission President Ursula von der Leyen discussed…
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Egypt’s Sisi to participate in G7 Summit in France
Egypt's President Abdel Fattah El Sisi will participate in the Group of Seven (G7) Summit, scheduled to take place…
Egypt, EU discuss second tranche of €4b financial aid ahead of summit
Egypt’s Minister of Planning, Rania El-Mashat, discussed on Saturday the release of the second tranche of the €4…
Egypt, MIGA discuss boosting investment guarantees to attract private financing
Egypt’s Minister of Planning and Economic Development Rania Al-Mashat met Saturday with Hiroshi Matano, Executive…
EU fines Gucci, Chloé, Loewe over €157m for fixing resale prices
The European Commission on Tuesday fined luxury fashion houses Gucci, Chloé, and Loewe more than €157 million ($183…
Von der Leyen calls two-state solution ‘only realistic peace plan,’ pledges new Gaza…
European Commission President Ursula von der Leyen called on world leaders at the International Conference for the…
EU to suspend Israel trade concessions, halt 2025–2027 allocations
The European Commission has proposed on Wednesday suspending certain trade-related provisions of the Association…
EU economic sentiment improves in July ’25
Economic sentiment in Europe improved in July, with the Economic Sentiment Indicator (ESI) rising by 1.0 points to…
EU adopts 18th sanctions package against Russia
The European Commission adopted its 18th sanctions package against Russia, aiming to intensify economic pressure…
Von der Leyen: €2T EU budget designed for ‘new era’
The European Commission on Wednesday unveiled a €2 trillion proposal for the 2028–2034 Multiannual Financial…
Poland: Musk’s Grok crossed line, EU should investigate
Poland plans to file a complaint with the European Commission against Elon Musk’s artificial intelligence firm xAI…
EU eyes strategic stockpiles of key minerals
The European Union is preparing to stockpile critical minerals to guard against potential supply disruptions caused…
EU launches €5b guarantee to unlock global investments
The European Commission and the European Investment Bank (EIB) announced a new €5 billion guarantee agreement aimed…
Slovakia opposes EU gas phase-out, blocks sanctions deal
Slovakia is blocking the European Union's proposed 18th package of sanctions against Russia, demanding exceptions…
France seeks extension of EU-US trade talks beyond July 9
France’s finance minister Eric Lombard on Sunday called for extending European Union-United States trade…
EU to end Russian gas imports by 2027 under new legal plan
The European Commission is preparing to propose a legal ban on Russian gas and liquefied natural gas (LNG) imports…
EU-Egypt investment mechanism to mobilise €5b by ’27 – Sannino
The EU-Egypt Investment Guarantee Mechanism for Development expected to mobilise up to €5 billion in public and…
EU to delay nuclear fuel curbs, focuses on Russian gas ban
The European Commission will delay proposed measures targeting Russian nuclear fuel, focusing instead on a new…
EU-Russia trade collapses amid sanctions push
Germany's imports of goods from Russia dropped by 95 per cent between 2021 and 2024, while exports to Russia fell…
Bulgaria gets EU approval to join eurozone in ’26
The European Commission and European Central Bank (ECB) have approved Bulgaria’s adoption of the euro, set for 1…
EU lists 13 overseas strategic raw material projects
The European Commission adopted its first list of 13 Strategic Projects on critical raw materials outside the EU,…
Egypt, EU discuss social protection funding
Egypt's Minister of Social Solidarity Maya Morsy met Director-General for Economic and Financial Affairs at the…
Egypt Al-Mashat reviews progress on structural reform plan
Egypt’s Minister of Planning and Economic Development Rania Al-Mashat reviewed the implementation progress of the…
Euro hits one-month high as Trump delays EU tariff threat
The euro climbed to a one-month high on Monday after US President Donald Trump backed down from his threat to…
Trump delays EU tariff threat, extends trade talks
US President Donald Trump agreed to delay a planned 50 per cent tariff on European Union imports until July 9,…
EU mission heads to Egypt by May-end to advance €4b MFA second phase
Egypt is pressing ahead with negotiations for the second phase of a €4 billion macro-financial assistance (MFA)…
EU economic sentiment weakens in April ’25
Economic sentiment across the European Union fell sharply in April, with consumers and retailers driving the…
Egypt, EU boost energy ties to expand renewables, support power market reform
Egypt’s Minister of Electricity and Renewable Energy Mahmoud Esmat held on Monday high-level talks with European…
URGENT: EU approves 1st set of countermeasures against US tariffs
The European Union (EU) member states on Wednesday voted in favour of the European Commission’s proposal to…
EU mobilises in 1st counterstrike against Trump tariffs
European Union countries are set to approve a first wave of retaliatory tariffs on up to $28 billion worth of US…
EU readies countermeasures against US tariffs – Von der Leyen
European Commission President Ursula von der Leyen condemned US President Donald Trump’s universal tariffs as a…
Egypt, EU advance cooperation on economic reforms, funding
Egypt’s Minister of Planning, Economic Development, and International Cooperation, Rania Al Mashat, held a meeting…
Baltic states synchronise power grid with Europe
Estonia, Latvia, and Lithuania successfully synchronised their electricity systems with the European continental…
EU investigations into tech giants under review
The European Commission is reassessing its investigations into major tech companies, including Apple, Meta, and…
EU grants Germany €13.5b under resilience plan
The European Commission disbursed €13.5 billion in grants to Germany as part of its recovery and resilience plan.
EU approves €1.7b to boost Czech recovery plan
The European Commission disbursed €1.5 billion in grants and €200 million in loans to the Czech Republic under its…
EU approves €1b loan to Egypt
The European Commission has approved a €1 billion loan to Egypt under the Macro-Financial Assistance (MFA)…
IFC lead $435m investment to modernise Ukraine’s telecom sector
The International Finance Corporation (IFC) and the European Bank for Reconstruction and Development (EBRD), with…
Euro area growth expected to hit 0.8% – EU’s Gentiloni
The euro area is projected to achieve growth close to the European Commission's forecast of 0.8 per cent this year,…
EU approves €500m Romanian biofuel investment scheme
The European Commission has approved a €500 million (RON 2.5 billion) investment scheme in Romania aimed at…