The European Union intends to fast-track some of its aid money to Egypt using an urgent funding procedure that bypasses parliamentary oversight and other safeguards, according to the president of the bloc’s executive branch.
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.
The Ministry of Petroleum announced on Friday the first fuel price increase of 2024, affecting various octanes and diesel.
The Ministry of Communications and Information Technology (MCIT) signed contracts on Thursday for the design and development of CPE routers in Egypt with three private companies.