Egypt's Minister of Higher Education and Scientific Research Ayman Ashour on Saturday inaugurated the campus of Damietta National University, marking a key milestone in the government's plan to expand access to higher education and align academic (...)
The Egyptian pound (EGP) strengthened further against the US dollar (USD) in midday trading on Sunday, 29 June 2025. By 12:54 pm Cairo time (12:30 am GMT), the exchange rate at the key banks were as follows:
Bank Buy Sell
National Bank of Egypt (...)
Egypt's Minister of Electricity and Renewable Energy Mahmoud Esmat held talks with senior Huawei Digital Power officials on Sunday, on the sidelines of the Shanghai Conference on Renewable Energy, Clean Energy Solutions, and Energy Transition.
The (...)
France's finance minister Eric Lombard on Sunday called for the extension of European Union-United States trade negotiations beyond the 9 July deadline, saying a better deal is preferable to a rushed agreement.
Speaking to La Tribune Dimanche, (...)
The Bank for International Settlements (BIS) has warned in its latest assessment of the state of the world economy that rising trade tensions and fractured geopolitics are exposing deep vulnerabilities in the global financial system, as the world (...)
The Egyptian pound (EGP) remained stable against the US dollar (USD) in early trading on Sunday, June 29, 2025, across most banks.
Bank Buy Sell
National Bank of Egypt (NBE) 49.85 49.95
Banque Misr 49.85 49.95
Arab African International Bank (...)
Egypt's Prime Minister Moustafa Madbouly has inaugurated the first manufacturing facility in Egypt and Africa for BSH, a subsidiary of German household appliance giant Bosch, with a total investment exceeding €55 million, fully funded by BSH Global, (...)
Egypt's Prime Minister Moustafa Madbouly inaugurated Jumia's largest e-commerce logistics warehouse in the country, a state-of-the-art facility designed to enhance the company's service quality and operational efficiency, the Egyptian Cabinet (...)
Egypt Healthcare Authority (EHA) signed three new memoranda of understanding (MoUs) with leading medical and academic institutions on the sidelines of the Africa Health Excon 2025, as per a Cabinet statement.
EHA signed an MoU with Deraya University (...)
The Egyptian archaeological mission working at Qubbet El-Hawa necropolis in Aswan has uncovered three rock-cut tombs dating back to the Old Kingdom, the Egyptian Cabinet has announced.
Preliminary findings suggest that some of the tombs were later (...)
The Egyptian pound (EGP) rose against the US dollar (USD) on Sunday, June 29, 2025, according to data from the Central Bank of Egypt (CBE).
The CBE quoted the average buying rate at EGP 49.6456 and the selling rate at EGP 49.7447, compared with (...)
Egypt's Cairo University announced the official commercial licensing of "EZVent", the first critical care ventilator that was fully designed, developed, and manufactured in Egypt.
The device was produced in collaboration with Ezz Medical Industries (...)
Confidence among British employers climbed in June to its highest level since 2015, with companies increasingly upbeat about the economy, according to Reuters, citing Lloyds Bank's latest Business Barometer published on Monday.
The survey's measure (...)
The UK economy grew by 0.7 per cent in the first quarter of 2025, unchanged from the initial estimate, according to official figures published on Monday.
Growth was driven by a 0.7 per cent rise in the services sector, while production output (...)
Germany's import prices fell by 1.1 per cent year-on-year in May 2025, driven primarily by a sharp drop in energy costs, data from the Federal Statistical Office (Destatis) showed on Monday.
Compared to April 2025, import prices declined by 0.7 per (...)
Egypt's Minister of Higher Education and Scientific Research Ayman Ashour witnessed on Monday the signing of a cooperation protocol between the Egyptian Knowledge Bank (EKB) and global higher education consultancy QS, aimed at enhancing the (...)
European stock markets inched up on Monday as investors monitored developments in EU-US trade negotiations ahead of the July 9 deadline for lifting the pause on reciprocal tariffs proposed by US President Donald Trump.
The pan-European STOXX 600 (...)
Lending growth across the eurozone showed little change in May, as fresh data from the European Central Bank (ECB) on Monday signalled that recent interest rate cuts have yet to significantly boost credit activity amid subdued economic sentiment, (...)
Slovakia is blocking the European Union's proposed 18th package of sanctions against Russia, demanding exceptions from the bloc's plan to phase out Russian gas imports, TASS reported citing an EU diplomat according to Politico.
Bratislava is seeking (...)
The Egyptian pound (EGP) held steady against the US dollar (USD) in early trading on Monday, June 30, 2025, across most banks.
Bank Buy Sell
National Bank of Egypt (NBE) 49.64 49.74
Banque Misr 49.64 49.74
Arab African International Bank (...)
Egypt's Minister of Tourism and Antiquities Sherif Fathy revealed that the ministry is developing an online training and education platform dedicated to heritage and archaeology, as per a Cabinet statement.
The platform aims to enhance staff (...)
Egypt's Prime Minister Moustafa Madbouly declared Thursday, July 3, 2025, as a paid public holiday in observance of the anniversary of the June 30 Revolution.
The holiday will apply to employees of government ministries, public authorities, local (...)
The European Commission and the European Investment Bank (EIB) announced on Monday a new €5 billion guarantee agreement aimed at de-risking investments and expanding EIB operations in partner countries outside the European Union.
Unveiled during the (...)
The Egyptian pound (EGP) appreciated against the US dollar (USD) on Monday, June 30, 2025, according to data from the Central Bank of Egypt (CBE).
The CBE quoted the average buying rate at EGP 49.5476 and the selling rate at EGP 49.6476, compared (...)
The Egyptian pound (EGP) posted gains against the US dollar (USD) in midday trading on Monday, 30 June 2025. By 1:32 pm Cairo time (10:32 am GMT), the exchange rate at key banks were as follows:
Bank Buy Sell
National Bank of Egypt (NBE) 49.56 (...)