Egyptian President Abdel Fattah Al-Sisi met Angolan President João Lourenço in Cairo on Tuesday for talks focused on strengthening bilateral relations and addressing key African security and development issues, the Egyptian presidency (...)
Egypt's central bank governor met with a senior Chinese delegation in Cairo on Tuesday as the two countries look to deepen economic and financial collaboration under China's Belt and Road Initiative.
Hassan Abdalla, Governor of the Central Bank of (...)
Egypt's Minister of Petroleum and Mineral Resources, Karim Badawy, met with S. Sushma, Acting Ambassador of India, and senior executives from top Indian fertiliser and petrochemical companies on Tuesday, including Ostwal Group, FACT, HURL, and (...)
Egypt's stock market ended mixed on Tuesday, with the benchmark EGX30 index inching up 0.09 per cent to close at 32,043.48 points, while broader indices saw losses.
The EGX33 Shariah-compliant index rose 0.23 per cent to 3,302.3 points. Meanwhile, (...)
Egypt's Minister of Investment Hassan El-Khatib met on Tuesday with Mohammad Al-Tuwaijri, Secretary General of the Egypt-Saudi Coordination Council, as the two nations look to strengthen economic integration and unlock new opportunities for (...)
The Egyptian pound (EGP) saw a minor rise against the US dollar (USD) on Tuesday, April 29, 2025, according to data from the Central Bank of Egypt (CBE).
The CBE reported an average buying rate of EGP 50.7557 per dollar and a selling rate of EGP (...)
South Korea and Egypt will mark the 30th anniversary of their diplomatic relations with a cultural and arts exchange symposium and performances at the American University in Cairo (AUC) on April 30, 2025.
The event, themed "5,000 Years of (...)
Egypt's Talaat Moustafa Group Holding (TMG) estimates a potential large-scale, mixed-use project in Iraq could generate total sales of around $17bn and annual recurring income exceeding $1.5bn upon completion, the company confirmed as it pursues (...)
Moroccan Competition Council Chairman Ahmed Rahhou emphasised the need for Arab countries, particularly Morocco and Egypt, to share experiences due to similar challenges faced by their competition authorities.
Speaking during the first session of (...)
Egypt's Deputy Prime Minister and Minister of Health and Population Khaled Abdel Ghaffar held a meeting with a delegation from the World Health Organisation (WHO) to follow up on the Global Initiative for Childhood Cancer (GICC).
The meeting (...)
Egypt on Monday delivered an oral statement before the International Court of Justice (ICJ), urging the Court to issue an advisory opinion on Israel's obligations as an occupying power in the Palestinian territories. The Egyptian delegation, (...)
The Egyptian Natural Gas Holding Company (EGAS) and ExxonMobil Egypt signed a memorandum of understanding (MoU) in principle on Tuesday to lay the foundation for a new production sharing system aimed at boosting foreign investment in Egypt's oil and (...)
Egypt's General Authority for Investment and Free Zones (GAFI) hosted the Egypt-China Forum for Investment, Innovation and Entrepreneurship Partnerships, aimed at linking the Egyptian business community with Chinese innovation leaders, as per a (...)
Egypt's Pharmaceutical Cosmetics & Medical Supplies Chamber's Chairman Gamal El-Leithy emphasised on Monday the need to enhance the Egyptian Competition Authority's (ECA) role in the pharmaceutical sector.
Speaking during the third session of the (...)
Trade between Egypt and Australia recorded $494 million in 2024, down from $558 million a year earlier, according to recent figures from Egypt's state statistics agency CAPMAS.
Egyptian exports to Australia rose to $50 million from $45 million in (...)
The Egyptian Drug Authority's (EDA) Chairman Ali El-Ghamrawy met with a Bayer delegation to discuss collaboration in the Presidential Initiative for the Development of the Egyptian Family and local pharmaceutical manufacturing and (...)
The Egyptian pound (EGP) fluctuated against the US dollar (USD) in early trading on Tuesday, April 29, 2025.
Bank Buy Sell
National Bank of Egypt (NBE) 50.78 50.88
Banque Misr 50.78 50.88
Arab African International Bank 50.77 (...)
Egypt's central bank withdrew 740.850 billion Egyptian pounds in excess liquidity from 22 banks during its latest open market operation on Tuesday.
The Central Bank of Egypt (CBE) accepted all bids at a fixed interest rate of 25.5 per cent, (...)
Egypt approved the creation of a National Council for Health Tourism as part of efforts to position itself as a regional hub for medical and wellness travel, the Cabinet said following its weekly meeting on Tuesday.
Chaired by the Deputy Prime (...)
Egypt's Cabinet has approved on Tuesday the formation of a supreme committee to implement a national risk-based system for customs clearance, part of a broader push to streamline trade and enhance inter-agency coordination.
Chaired by a (...)
Egypt will launch a unified online licensing platform next month, offering 389 services to investors as part of a broader push to streamline bureaucracy and drive private-sector growth, Investment and Foreign Trade Minister Hassan El-Khatib said (...)
Egypt's Food Industries Holding Company, under the Ministry of Supply and Internal Trade, has launched its product range on Amazon Egypt, aiming to expand its digital footprint and reach more consumers. The move aligns with Minister Sherif Farouk's (...)
Egypt's Foreign Minister Badr Abdelatty held a phone call on Monday with Somalia's newly appointed Minister of Foreign Affairs and International Cooperation, Abdisalam Abdi Ali, congratulating him and reaffirming Egypt's support for Somalia's (...)
At the United Nations Economic and Social Council (ECOSOC) Forum on Financing for Development, Egypt's Minister of Planning Rania Al-Mashat, called for an enhanced global partnership to address the escalating financing challenges facing developing (...)
The Egyptian Cabinet approved several key decisions on Tuesday, including a draft resolution to establish the National Medical Tourism Council.
The new council, to be chaired by the Deputy Prime Minister for Human Development, is tasked with (...)