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World - International
4/4/2022 10:48:55 PM
The US Defense Department approved Monday the sale of eight F-16 combat aircraft to Bulgaria for $1.67 billion, bolstering its air force as the regional threat has risen after Russia's invasion of Ukraine.

Business - Economy
4/4/2022 9:57:42 PM
The National Bank of Egypt (NBE) and Banque Misr announced Monday that the proceeds of the one-year saving certificates with a 18 percent return, launched on 21 March, amounted to EGP 423 billion by the end of the day and in a span of two weeks.

Business - Economy
4/4/2022 4:24:51 PM
The Egyptian government allocated EGP 1.1 billion for the General Authority for Supply Commodities and the Agricultural Bank of Egypt in order to finance local wheat crop procurement from farmers, Minister of Finance Mohamed Maait announced on Monday.

Arts & Culture - Music
4/3/2022 5:14:51 PM
Here is a list of nominees in the major categories for the 64th annual Grammy Awards, which will be handed out on Sunday in Las Vegas.

World - Region
4/2/2022 12:23:38 PM
Iraq exported $11.07 billion of oil last month, the highest level for half a century, as crude prices soared amid shortfall fears following Russia's invasion of Ukraine, the oil ministry said.

Business - Economy
4/1/2022 4:47:26 PM
Egypt’s exports to Italy rose by 91.4 percent in 2021, bringing in nearly $2.8 billion, up from $1.5 billion in 2020, according to the country's Central Agency for Public Mobilization and Statistics (CAPMAS).

Egypt - Foreign Affairs
3/30/2022 8:15:23 PM
The Sovereign Fund of Egypt, in cooperation with the Saudi Public Investment Fund, aims to attract investments worth $10 billion during the coming period, Prime Minister Mostafa Madbouly said on Wednesday.

Egypt - Foreign Affairs
3/30/2022 2:36:36 PM
Saudi Arabia deposited $5 billion in the Central Bank of Egypt (CBE) on Wednesday, according to Saudi state news agency SPA.

Egypt - Foreign Affairs
3/29/2022 2:13:50 PM
Egyptian and Qatari ministers and officials agreed in an extended meeting in Cairo on Tuesday on a package of $5 billion in investments and partnerships in Egypt within "the framework of boosting economic cooperation between the two brotherly countries."

War in Ukraine - Military
3/28/2022 5:14:32 PM
The Ukrainian government estimated Monday the economic damages losses from the Russian invasion, which has been underway for just over one month, at nearly $565 billion.

Arts & Culture - Music
3/28/2022 9:57:54 AM
Producers of the Oscars, arguably the most prestigious prizes of the entertainment awards circuit, on Sunday turned to music's top names including Beyonce, Billie Eilish and Megan Thee Stallion to drum up ailing ratings.

Business - Economy
3/24/2022 9:40:37 PM
Egypt's budget deficit hit EGP 368 billion from July 2021 to February 2022, compared to EGP 320 billion during the same period a year earlier, the Finance Ministry said in a report Thursday.

World - International
3/23/2022 10:53:35 PM
Madeleine Albright, who came to the United States as a child refugee and rose to be the first female secretary of state, shaping American foreign policy at the end of the 20th century, has died at the age of 84.

Business - Economy
3/22/2022 2:45:35 PM
Proceeds from certificates of deposit offered by state-owned banks on Monday – the National Bank of Egypt (NBE) and Banque Misr – reached EGP 13 billion in the first day of offering, the two banks announced on Tuesday.

War in Ukraine - Economy
3/22/2022 12:18:55 PM
Two luxury superyachts owned by Russian billionaire Roman Abramovich have docked in Turkey, which has not joined European sanctions against Moscow targeting the Chelsea Football Club owner and other oligarchs, local media reported Tuesday.

Business - Economy
3/21/2022 11:21:40 PM
Prime Minister Mostafa Madbouly asserted the partnership between Egypt and France is based on the important role both Egyptian and French companies and institutions play in achieving development by doing business in joint projects.

Business - Economy
3/21/2022 6:22:20 PM
Egypt’s Ministry of Finance approved on Monday a package of financial and social protection procedures, worth EGP 130 billion, to address the ongoing global economic challenges and their repercussions.

War in Ukraine - Military
3/16/2022 7:43:40 PM
US President Joe Biden announced $1 billion in new security help and the deployment of longer-range weapons to Ukraine on Wednesday, assuring the ally of America's "unprecedented" support in its war with Russia.

War in Ukraine - Economy
3/15/2022 7:21:38 PM
Russian Prime Minister Mikhail Mishustin says the country aims to spend around 1 trillion rubles ($9 billion) on measures to support an economy hit by international sanctions.

Business - Economy
3/14/2022 6:40:59 PM
The Central Bank of Egypt (CBE) said on Monday that remittances from Egyptians working abroad recorded about $31.5 billion in 2021, with an increase of nearly $1.9 billion and at a rate of 6.4 percent, compared to $29.6 billion in 2020.

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