News

Trade exchange between Egypt and Kuwait decreased 13.3 percent, to $1.6 billion during the first 11 months of 2021, compared to $1.9 billion during the same period in 2020, according to the Central…
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The Egyptian Electricity Transmission Company started developing and raising the capacity of the first phase of the electrical interconnection line between Egypt and Sudan from 80 MW to 300 MW, at a…
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 Juhayna Food Industries has appointed Niels Thomsen as Group CEO, benefiting from his 30-year experience across various manufacturing and supply chain managerial roles in the food and beverages…
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Oil prices jumped as the crisis between Russia and Ukraine escalated. In Asia morning trade Tuesday, U.S. crude surged 3.22% to $94 per barrel, while Brent jumped 1.5% per barrel to $96.82.
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Egypt's holdings of US Treasury bonds increased during December 2021, marginally on an annual basis.
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Egyptian economy has achieved a growth rate of 8.3% in the second quarter of the current fiscal year and 9.8% in the first quarter according to Prime Minister Mostafa Madbouli
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The Egyptian Natural Gas Holding Company (EGAS) plans to drill 13 exploration gas wells in the Mediterranean and the Nile Delta during fiscal year (FY) 2022/2023, the Chairman of EGAS, Magdy Galal,…
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UAE Dragon Oil Company announced a new petroleum discovery in the Gulf of Suez in Egypt.
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Trade exchange between Egypt and Belgium increased 72 percent during the first 11 months of 2021, to reach $2 billion, compared to $1.2 billion during the same period in 2020,according to the Central…
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The National Telecom Regulatory Authority (NTRA) has allocated new frequencies to Orange Egypt, offering 30 MHz in the frequency space of 2,600 with a Time Division Duplex (TDD) system for $440m to be…
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