Business

Economy

AIIB’s annual meetings kick off Monday in Sharm El-Sheikh

Egypt hosts the annual meetings of the Asian Infrastructure Investment Bank (AIIB) over two days starting Monday in Sharm El-Sheikh.

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AIIB’s annual meetings kick off Monday in Sharm El-Sheikh
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Egypt starts trading T-Bills on stock market with $1.1 bln deals

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Egypt ramps up expected oil, gas investments to $9 bln in FY2023/24: Petroleum minister

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Egypt postpones onion export ban to 1 October

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UAE's ADNOC starts official operations in Egypt: Petroleum Ministry

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Egypt to host 8th meetings of Asian Infrastructure Investment Bank in Sharm El-Sheikh: Maait

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Egypt’s new cities receive $22.8 bln investments: Official

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Closing prices for crude oil, gold and other commodities

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Egypt’s central bank keeps interest rates unchanged

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Egypt in talks to sell remaining 20% of Alexbank to Italian group Intesa Sanpaolo

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Turkey central bank raises key rate to 20-year high

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Egypt raises GDP Growth Target for FY2023/2024 to 4.4 percent

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Egypt licenses local electric car factory to start production by end of 2024

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What will Federal Reserve do next?

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Egypt to set up €1 billion tyre manufacturing plant in Suez Canal Economic Zone

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Egypt's banks set for three-day holiday to celebrate Moulid El-Nabi

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Asian shares decline ahead of Fed decision on rates

Markets & Companies

Market watch: Egypt’s bourse starts week green; main index reaches new summit

The Egyptian Exchange (EGX) started the week with a positive performance and the main index jumped to a new height. Gold prices went down.

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Market watch: Egypt’s bourse starts week green; main index reaches new summit
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Foreign investors lead Egyptian Exchange’s benchmark to new high above 20k points

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Market watch: Egypt’s bourse makes history on Thursday as benchmark exceeds 20k points

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Closing prices for crude oil, gold and other commodities on Wednesday

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Wall Street ticks higher ahead of Federal Reserve decision on interest rates

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Market watch: Egyptian stock market indices end Wednesday all in red

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Oil prices fall on Tuesday as gold and dollar rises

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Market watch: Egyptian Exchange’s main index hits new record on Tuesday

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Oil, gold prices rise on Monday as dollar falls

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Operator of Egypt’s new capital plans 10% local market listing in H1 2024: Chairman

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Market watch: EGX main index approaches targeted 20k, gold prices decrease

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Market watch: Egypt's bourse breaks records again on Sunday; gold prices decrease

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Egypt’s bourse beats last week’s record despite profit-taking

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Market watch: Egyptian stock market ends higher on Thursday; gold prices slightly lower

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Closing prices for crude oil, gold and other commodities on Wednesday

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Market watch: Egyptian Exchange indices close higher on Wednesday

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Oil, dollar prices fall on Tuesday, gold rise

Energy

Enhancing banking sector's role crucial in green economy transition and climate adaptation: Mohieldin

Mahmoud Mohieldin, UN Climate Change High-Level Champion for Egypt and UN Special Envoy on Financing the 2030 Sustainable Development Agenda, has underscored the imperative for banks to take a more substantial role in driving the transition to green economies through investments in climate projects.

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Enhancing banking sector's role crucial in green economy transition and climate adaptation: Mohieldin
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Emirati AMEA Power to develop major renewable energy projects in Egypt

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Kuwait’s KUFPEC acquires 40 percent in Shell Egypt’s Nile Delta offshore block 3

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UN climate champion Mohieldin urges reforms in global finance system, MDBs policies

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Africa Climate Summit creates unified African voice on development, climate action: Mohieldin

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Egypt’s 1st-ever climate investment forum aims to transform financing ahead of COP28

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Fossil fuel demand to peak this decade: IEA chief in FT

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Czech imports of Russian oil grow despite EU ban

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Saudi Arabia, Russia plan to extend 1.3 mln barrel a day oil cut through the end of the year

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Financing is a ‘bottleneck’ issue for climate action: Egypt PM at Africa Climate Summit

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African carbon markets necessary for climate action in continent: Mohieldin

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Cyprus, Israel, Greece to focus on energy cooperation

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Eni, partners pledge $7.7 bln investment in Egypt over four years

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Egypt plans to drill 45 exploratory gas wells in Mediterranean, Delta until mid-2025

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BP to invest $3.5 bln in gas exploration in Egypt over three years

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Cheiron Petroleum Corporation announces new discovery in Egypt

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US energy company Apache Corporation pledges $1.4 bln investments in Egypt next year

Tech

'It's the decade for Africa to be part of global supply chains, AI solutions': Intel CEO

This decade is the time for Africa to be a part of global supply chains, to have greater access to artificial intelligence (AI) solutions, and to boost its digital transformation process, said Intel CEO Patrick P. Gelsinger.

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'It's the decade for Africa to be part of global supply chains, AI solutions': Intel CEO
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AI can play 'key' role in de-carbonization; prediction of climate change: Mohieldin

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NASA Space Apps Cairo to host its 9th hackathon

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Microsoft nears takeover of 'Call of Duty' maker

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End of era as Toshiba completes $13.5 bn offer to go private

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Musk considers charging all X/Twitter users monthly fee

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Egypt's e-Cards partners with Emirati company to expand regionally

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EU fines TikTok 345 million euros over child data

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Apple to update iPhone 12 in France over radiation

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Egypt to launch climate-focused MisrSat-2 satellite in December: Egyptian Space Agency

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ChatGPT diagnoses ER patients like a human doctor: Study

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France orders Apple iPhone 12 sales halted over radiation

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Apple bows to EU and unveils iPhone with USB-C charger

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US claims Google pays more than $10 billion a year to maintain its search dominance

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Explainer: Apple expected to unveil the iPhone 15. Here’s what to expect.

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Google's search dominance challenged in the biggest antitrust trial in decades

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CBE's InstaPay to offer five new services

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