Cabinet approves establishment of national medical tourism council to boost healthcare sector    Egypt's investment authority GAFI hosts forum with China to link business, innovation leaders    CBE governor meets Beijing delegation to discuss economic, financial cooperation    Egypt's Gypto Pharma, US Dawa Pharmaceuticals sign strategic alliance    Egypt to unveil 'national economic development narrative' in June, focused on key economic targets    Egypt's Foreign Minister calls new Somali counterpart, reaffirms support    Italy's consumer, business confidence decline in April '25    "5,000 Years of Civilizational Dialogue" theme for Korea-Egypt 30th anniversary event    Egypt's Al-Sisi, Angola's Lourenço discuss ties, African security in Cairo talks    Two new recycling projects launched in Egypt with EGP 1.7bn investment    Egypt's ambassador to Palestine congratulates Al-Sheikh on new senior state role    Egypt's TMG eyes $17bn sales from potential major Iraq project    Egypt's Health Min. discusses childhood cancer initiative with WHO    Egypt pleads before ICJ over Israel's obligations in occupied Palestine    Asia-Pacific stocks rise on Wall Street cues    Egypt's EDA discusses local pharmaceutical manufacturing with Bayer    Sudan conflict, bilateral ties dominate talks between Al-Sisi, Al-Burhan in Cairo    Egypt expresses condolences to Canada over Vancouver incident    Cairo's Madinaty and Katameya Dunes Golf Courses set to host 2025 Pan Arab Golf Championship from May 7-10    Egypt's Health Min. strengthens healthcare ties with Bayer    Egypt's Ministry of Health launches trachoma elimination campaign in 7 governorates    EHA explores strategic partnership with Türkiye's Modest Group    Between Women Filmmakers' Caravan opens 5th round of Film Consultancy Programme for Arab filmmakers    Fourth Cairo Photo Week set for May, expanding across 14 Downtown locations    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Ancient military commander's tomb unearthed in Ismailia    Egypt's FM inspects Julius Nyerere Dam project in Tanzania    Egypt's FM praises ties with Tanzania    Egypt to host global celebration for Grand Egyptian Museum opening on July 3    Ancient Egyptian royal tomb unearthed in Sohag    Egypt hosts World Aquatics Open Water Swimming World Cup in Somabay for 3rd consecutive year    Egyptian Minister praises Nile Basin consultations, voices GERD concerns    49th Hassan II Trophy and 28th Lalla Meryem Cup Officially Launched in Morocco    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Paris Olympics opening draws record viewers    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Russia says it's in sync with US, China, Pakistan on Taliban    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    

Articles of the author Aya Anwar
Egypt, India plan joint group to boost fertiliser, mineral sector collaboration
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 (...)

29 - 04 - 2025
EGX closes mixed on April 29
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, (...)

29 - 04 - 2025
Fitch: Global structured finance risks rise as growth slows, policy shifts
Global structured finance (SF) risks are set to increase in 2025 due to slower economic growth and shifting US policies, according to Fitch Ratings. Sectors tied to vulnerable borrowers or exposed to policy changes are expected to be hit hardest, (...)

29 - 04 - 2025
EGAS, ExxonMobil sign preliminary MoU to launch new production sharing model in Egypt
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 (...)

29 - 04 - 2025
Egypt takes charge of AfCFTA Council of Ministers with call for faster integration
Egypt officially assumed the presidency of the African Continental Free Trade Area (AfCFTA) Council of Ministers, succeeding Tanzania at the body's 16th session in Kinshasa, capital of the Democratic Republic of the Congo. According to a government (...)

28 - 04 - 2025
Egypt's Fayoum gov. signs deals to support micro-projects
Egypt's Medium, Small, and Micro Enterprise Development Agency (MSMEDA) and Fayoum Governorate signed two financing contracts worth a total of 31.5 million Egyptian pounds to support micro-projects and stimulate economic activity across the (...)

28 - 04 - 2025
Oil steady as investors weigh trade tensions, OPEC+ supply plans
Oil prices were little changed on Monday as investors weighed the uncertain outlook for US-China trade talks against expectations of increased supply from OPEC+. Brent crude futures slipped 13 cents to $66.74 a barrel, while US West Texas (...)

28 - 04 - 2025
Egypt reinforces petroleum sector development
Egypt's Prime Minister Mostafa Madbouly met with the Minister of Petroleum and Mineral Resources Karim Badawi to review ongoing projects, exploration efforts, and investment plans in the petroleum sector. Madbouly reaffirmed the state's focus on (...)

28 - 04 - 2025
Egypt's non-banking financial sector financing hits EGP 118.5b by Feb-end: FRA
Egypt's total financing from entities regulated by the Financial Regulatory Authority (FRA) reached 118.5 billion Egyptian pounds by the end of February 2025, the FRA said in a report on Monday. Stock issuances accounted for 49.6 billion pounds, (...)

28 - 04 - 2025
EGX closes in green area on April 28
Egypt's stock market (EGX) closed in the green area on Monday. The main index, EGX30 went up by 0.50 per cent, to 32,015.02 points. The Shariah index, EGX33 rose by 0.13 per cent to 3,294.88 points. The SMEs index, EGX70 soared by 0.36 per cent, to (...)

28 - 04 - 2025
Egypt, China to deepen cooperation in housing, infrastructure
Egypt's Minister of Housing, Utilities and Urban Communities Sherif El Sherbiny has met with Chinese Minister of Housing and Urban-Rural Development Ni Hong in Beijing to expand bilateral cooperation in housing and infrastructure. During the (...)

23 - 04 - 2025
Egypt, UAE reaffirm commitment to Ras El Hekma
Prime Minister Mostafa Madbouly met with Jassem Al Zaabi, Chairman of the Board of Modon Properties, on Tuesday to follow up on the latest developments in the Ras El Hekma City project, a major tourism and development initiative on Egypt's (...)

23 - 04 - 2025
IMF appoints 1st mission chief to Syria in over decade
The International Monetary Fund (IMF) has named Ron van Rooden as the new head of its mission to Syria — the first such appointment since the country's conflict began 14 years ago, said Syrian Finance Minister Mohammed Yosr Bernieh on Wednesday. The (...)

23 - 04 - 2025
Oil up on Wednesday
Oil prices rose over 1 per cent on Wednesday, driven by new US sanctions on Iranian oil exports, a decline in US crude inventories, and renewed hopes of progress in US-China trade talks. Brent crude climbed $1, or 1.5 per cent, to $68.44 per barrel (...)

23 - 04 - 2025
Egypt, IFC discuss greater private sector role, investment reforms at IMF-WB Meetings
Egypt is stepping up efforts to attract private capital and expand development finance as it navigates an ambitious reform agenda. Planning and International Cooperation Minister Rania Al-Mashat met with International Finance Corporation (IFC) (...)

22 - 04 - 2025
Egypt's public enterprise workforce falls 6.5% in '24 – CAPMAS
Egypt's total number of employees in the public, public enterprise sectors declined to 620,100 in 2024, down from 663,300 in 2023, marking a 6.5 per cent decrease, according to the Central Agency for Public Mobilisation and Statistics (CAPMAS). The (...)

22 - 04 - 2025
Morocco to launch LNG terminal tender soon
Morocco will issue an expression of interest this week for the first phase of a liquefied natural gas (LNG) terminal at the Nador, West Med port, Energy Minister Leila Benali told parliament on Monday. The floating storage and regasification unit (...)

22 - 04 - 2025
Egypt extends disbursement of granted rations
Egypt's Ministry of Supply and Internal Trade has extended the disbursement period of additional grant commodities for ration card beneficiaries until the end of May. The move aims to ease collection for beneficiaries. The decision comes as part of (...)

22 - 04 - 2025
Oil up on Tuesday
Oil prices rose on Tuesday as investors covered short positions following a sharp drop the previous day, though ongoing concerns over we monetary policy and tariff-related economic risks capped gains. Brent crude rose 42 cents, or 0.6 per cent, to (...)

22 - 04 - 2025
Gulf issuers eye $6.5bn in bonds
Gulf issuers, led by Saudi Arabia's $925 billion Public Investment Fund (PIF), are advancing plans to raise as much as $6.5 billion through bond sales, despite recent market volatility stemming from US trade policy uncertainty. PIF is targeting (...)

22 - 04 - 2025
Egypt's PM inspects Teba Advanced Industries factories
Egypt's Prime Minister Mostafa Madbouly inspected the factories of Tayba Advanced Industries during a tour of several industrial sites in 10th of Ramadan City. Madbouly visited the company's three factories—Tayba 1, 2, and 3—which specialise in (...)

20 - 04 - 2025
Egypt's PM inspects Egyptian-Swiss Group factories
Egypt's Prime Minister Moustafa Madbouly visited on Saturday the Egyptian Swiss Group's pasta, milling, and concentrates factories in 10th of Ramadan City as part of a wider tour of industrial facilities. The company's General Manager Ahmed El (...)

20 - 04 - 2025
Egypt, AngloGold Ashanti sign gold exploration deal in Eastern Desert
The Egyptian Mineral Resources Authority (EMRA) and AngloGold Ashanti signed an agreement on Sunday to explore and extract gold ore and associated minerals in selected areas of Egypt's Eastern Desert. Egypt's Minister of Petroleum and Mineral (...)

20 - 04 - 2025
Egypt ranks 2nd globally in gas-generated power growth
Egypt has secured second place worldwide in the growth of electricity generated from natural gas in 2024. The increase amounted to 15.1 thousand gigawatt-hours. This achievement aligns with statements made by the Egypt's Prime Minister Moustafa (...)

20 - 04 - 2025
General Petroleum Company starts new drilling operations in Eastern Desert
Egypt's General Petroleum Company announced that it has commenced operation of the first of three 1,000-hp modern drilling rigs. The rigs were provided by the Egyptian General Petroleum Corporation (EGPC) to intensify oil well drilling in the Gharib (...)

20 - 04 - 2025
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