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Business - Economy
12/14/2023 9:03:07 PM
The Egyptian Exchange (EGX) indices suffered fluctuations throughout the week that ended on 14 December, as profit-taking increased on leading stocks.

Sports - World
12/14/2023 6:10:11 PM
Another poor performance by Barcelona in a defeat at modest Antwerp has increased the pressure on Xavi Hernández to turn things around.

Business - Markets & Companies
12/14/2023 4:40:15 PM
Despite the slight decline in the main index, the Egyptian Exchange’s (EGX) market cap gained EGP 5 billion on Thursday, supported by the increase in both the EGX70 and EGX100 indices.

Business - Economy
12/13/2023 3:03:47 PM
Egypt's food exports increased by 15 percent, reaching $4.3 billion during the first 10 months of 2023, up from $3.8 billion in the corresponding period of 2022, Hany Berzy, head of the Food Export Council (FEC), said on Tuesday.

Egypt - Society
12/12/2023 9:11:23 PM
Minister of Higher Education Ayman Ashour announced on Tuesday that foreign students studying in Egyptian universities for the 2023/2024 academic year numbered 26,000, a 117 percent increase over 12,000 in 2019/2020.

Business - Markets & Companies
12/12/2023 4:10:03 PM
The Egyptian Exchange (EGX) indices achieved mixed performance on Tuesday after ending in the red territory for two consecutive sessions, while gold prices slightly increased.

Business - Markets & Companies
12/10/2023 3:35:08 PM
The Egyptian Exchange (EGX) indices plunged on Sunday and the market cap lost EGP 36 billion. On the other hand, gold prices inched higher and the purchase price of gold coin pound rose EGP 120.

Business - Economy
12/10/2023 2:16:06 PM
Egypt’s exports increased by 19.4 percent in 2022 to reach $52.1 billion, up from $43.6 billion in 2021, according to the data released by the Central Agency for Public Mobilization and Statistics (CAPMAS) on Saturday.

Business - Economy
12/7/2023 10:02:54 PM
The Egyptian Ministry of Supply and Internal Trade increases the rations of subsidized sugar to families, amid a shortage felt in the market, according to a Cabinet statement on Thursday.

Business - Economy
12/6/2023 2:02:02 PM
Egypt’s budget deficit will increase by one percent in the fiscal year (FY) 2023/2024 to account for 7.1 percent of GDP, up from 6.1 percent in FY2022/2023, due to the increase in debt service payments, according to a report by Investment bank HC Securities and Investment on Wednesday.

Business - Economy
12/6/2023 1:13:03 PM
Egypt’s trade deficit increased by 10.3 percent to reach $3.24 billion in September compared to $2.84 billion in the same month last year, according to the data released by the Central Agency for Public Mobilization and Statistics (CAMPAS) on Wednesday.

War on Gaza - War on Gaza
12/5/2023 11:54:00 PM
On the 60th day of the war, Israeli forces increased airstrikes and ground attacks in the south of the densely populated Gaza strip including areas where Tel Aviv had told people to seek shelters, killing and wounding dozens of Palestinians. The death toll has exceeded 16,000 and the Palestinians are running out of safe places to go.

Egypt - Society
12/5/2023 11:09:52 PM
Sugar companies, following government directives, have increased sugar production and distribution to mitigate the current shortage of sugar in Egypt, the Ministry of Food Supply and Internal Trade announced.

Business - Economy
12/5/2023 3:47:42 PM
The Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva expects the fund to increase the value of the loan provided to Egypt due to the impact of external factors on its economy, according to a statement on Tuesday.

Egypt - Foreign Affairs
12/2/2023 1:32:50 PM
Egypt’s Minister of Environment Yasmine Fouad stated that developing countries need $160 billion annually for climate change adaptation, which is a significant increase from the $22 billion being provided now.

Egypt - Urban & Transport
11/30/2023 1:13:07 PM
Egypt’s Suez Canal Authority (SCA) announced on Thursday that it achieved a significant increase of 20.3 percent with the canal’s revenue reaching $854.7 million in November 2023, compared to $710.3 million in November 2022, showing a difference of $144.4 million.

Al-Ahram Weekly - Egypt
11/28/2023 9:35:54 PM
The four-day truce in Gaza saw a huge increase in aid passing through the Rafah border crossing.

Egypt - Tourism
11/28/2023 7:58:44 PM
The Egyptian Ministries of Transport and Tourism and Antiquities have collaborated to overcome barriers to tourism on the Nile and increase tourist numbers.

Business - Tech
11/28/2023 6:09:03 PM
Software and digital technologies are anticipated to contribute 29 percent of companies' revenues worldwide by 2030, a substantial increase from seven percent now, according to a recent report by French information technology services and consulting company Capgemini SE.

Business - Economy
11/23/2023 9:44:37 PM
The fifth edition of Africa’s Business Heroes (ABH) Summit and Grand Finale commenced in the Rwandan capital, Kigali, calling for an increased role of the private sector in financing African entrepreneurs who still grapple with financial constraints.

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