Business
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Markets & Companies
3/26/2024 5:51:19 PM
The performance of the Egyptian Exchange (EGX) has fluctuated this week, reflecting a mix of gains and losses, with Sunday and Monday's rise offset by Tuesday's decline.
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Egypt
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Foreign Affairs
3/25/2024 4:04:16 PM
Prime Minister Mostafa Madbouly said the annual revenue of Egypt’s Suez Canal declined by more than 50 percent due to the Red Sea conflict, noting that Egypt has borne the brunt of these events.
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Business
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Economy
3/18/2024 5:21:23 PM
The US dollar rate has continued to decline against the Egyptian pound since the Central Bank of Egypt (CBE) announced on 6 March that it would let the value of the local currency be set by market forces.
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Business
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Markets & Companies
3/14/2024 11:10:08 AM
Asian shares mostly declined Thursday in lackluster trading after U.S. stocks drifted to a mixed finish.
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Business
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Economy
3/12/2024 4:26:09 PM
The US dollar rate against the Egyptian pound declined on Tuesday by approximately 1.5 percent to EGP 48.8/1 USD for selling, compared to EGP 49.5/1 USD recorded a week ago and EGP 49/1 USD seen on Monday, according to the rates on the Central Bank of Egypt (CBE)’s website.
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War on Gaza
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War on Gaza
3/3/2024 11:11:00 PM
As the Israeli war enters its 146th day, a senior Hamas official said that a ceasefire in Gaza may be secured "within 24 to 48 hours" if Israel accepts the Palestinian group's demands in ongoing talks, while Israel signed absent and targeted another group of aid-seekers.
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Business
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Economy
2/26/2024 10:58:07 AM
Asian shares mostly declined Monday, although Tokyo's benchmark Nikkei 225 index reached another record high.
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Business
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Economy
2/20/2024 5:45:18 PM
Egypt's commodity exports witnessed substantial growth in January, surpassing $3 billion, a significant rise from the $2.8 billion recorded in January 2023, resulting in a decline in trade deficit, Minister of Trade and Industry Ahmed Samir said on Tuesday.
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Egypt
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Society
2/12/2024 7:57:00 PM
After a week of warm sun, get those heavy coats out again as temperatures will gradually decline starting Tuesday evening through Saturday, while showers, sometimes thunderous, are expected in the northern cities, as well as Greater Cairo and Sinai.
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World
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Region
2/5/2024 2:34:16 PM
Iran said Monday it "will not hesitate" to respond in the event of US attacks on its territory after the White House declined to say whether strikes on Iran were ruled out.
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Egypt
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Society
1/30/2024 1:47:54 PM
Get your umbrellas ready as Egypt is in for several days of rain, accompanied by a decline in temperatures and windy weather across most areas of the country.
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Business
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Economy
1/30/2024 1:21:18 PM
European shares rose Tuesday after a mixed day of trading in Asia, where Hong Kong and Shanghai declined on renewed selling of property and technology shares.
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Sports
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Africa
1/26/2024 6:27:17 PM
French football legend Zinedine Zidane has declined the chance to coach Algeria's national team, preferring to wait for his dream job of managing the team of his country of birth, France, French newspaper L'Equipe reported on Friday.
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Business
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Economy
1/15/2024 3:32:04 PM
The de-escalation in the conflict between Russia and Ukraine and the introduction of new high-yield certificates in Egypt could lead to a decline in gold prices, said Lotfi El-Monieb, deputy head of the Gold Division at the Federation of Egyptian Chambers of Commerce (FEDCOC).
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Business
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Economy
1/10/2024 7:59:38 PM
Egypt's annual core inflation rate decelerated by 1.7 percent in December to 34.2 percent, down from 35.9 percent in November, according to the data released by the Central Bank of Egypt (CBE) on Wednesday.
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Business
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Markets & Companies
1/10/2024 4:09:28 PM
The Egyptian Exchange closed on Wednesday with a mixed performance, with a decline of 0.48 percent in the main index and a slight increase in the market cap, gaining EGP 5 billion. Meanwhile, gold prices dropped significantly.
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Business
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Markets & Companies
1/9/2024 3:41:08 PM
The Egyptian Exchange ended Tuesday in green with slight increases and the market cap gained EGP 18 billion.
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Egypt
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Health
1/5/2024 6:40:54 PM
Egypt recorded an 8 percent decline in population growth rate in 2023 compared to 2022, according to a statement released by Minister of Health and Population Khaled Abdel-Ghaffar on Friday.
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Business
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Economy
1/2/2024 1:28:17 PM
The foreign assets deficit in the Egyptian banking system declined by EGP 5.25 billion to reach EGP 833.96 billion ($26.9 billion) in November 2023, according to data released by the Central Bank of Egypt (CBE).
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Sports
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World
12/28/2023 11:16:18 AM
Fans of Manchester United know 2024 will be anything but boring as the club tries once again to end a period of on-field decline that has lasted 10 years for the record 20-time English league champions.
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