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Business - Markets & Companies
11/5/2023 6:27:36 PM
French energy technology company Schneider Electric announced it will increase its investments in Egypt by €8 million throughout 2023, according to a statement on Sunday.

Business - Economy
11/5/2023 5:36:57 PM
The Central Bank of Egypt (CBE) revealed a slight uptick in international reserves, climbing to $35.1 billion in October from $34.97 billion in September, according to data released on Sunday.

Business - Economy
11/5/2023 2:41:37 PM
The Egyptian government decreased the duration of power cuts in the country from two hours to one hour after natural gas supplies increased slightly, according to media reports on Sunday.

War on Gaza - War on Gaza
11/4/2023 10:15:27 PM
The U.S. Central Command says the Dwight D. Eisenhower Carrier Strike Group arrived in the Middle East and the CENTCOM area of responsibility as part of the increase in regional posture.

Business - Economy
11/2/2023 8:10:22 PM
The Egyptian Cabinet increased the reference local wheat procurement price from EGP 1,500 to EGP 1,600 per ardeb (150 kg) for the new harvest season to incentivize farmers to supply to the state, according to a statement on Thursday.

Sports - World
11/2/2023 3:30:28 PM
Erik ten Hag insisted he will fight to save Manchester United's troubled season after their dismal League Cup exit against Newcastle piled increased pressure on the beleaguered boss.

War on Gaza - War on Gaza
11/2/2023 1:39:00 PM
More than 820 Palestinians in the occupied West Bank have been displaced amid terrorist settlers violence and increased movement restrictions since the start of Israel’s war on Gaza, the UN Office for the Coordination of Humanitarian Affairs (OHCA) said on Wednesday.

War on Gaza - War on Gaza
11/1/2023 2:00:00 AM
FBI Director Christopher Wray said Tuesday that multiple foreign extremist groups have called for attacks against Americans and the West in the past few weeks and suggested Hamas’ offensive on Israel could inspire threats like those motivated by the Islamic State group years ago.

War on Gaza - War on Gaza
10/31/2023 9:29:05 PM
Russia condemned Tuesday the increased Israeli airstrikes on Syria as "unacceptable," saying they risked triggering a spillover of the Israeli war on Gaza into a wider regional conflict.

Business - Markets & Companies
10/31/2023 4:42:58 PM
The Egyptian Exchange (EGX) indices tumbled on Tuesday with the main index losing 885 points and the market cap losing over EGP 60 billion, while gold prices increased marginally.

Business - Economy
10/30/2023 2:56:30 PM
The escalation of the war in Gaza is expected to have various implications for oil and other commodity markets, initially triggering a surge in oil prices and subsequently causing disruptions in other commodity sectors.

Egypt - Society
10/29/2023 10:23:41 PM
Egypt extended the duration of daily power cuts as of Saturday as a result of increased gas consumption brought up by high temperatures coinciding with falling gas imports, a Cabinet statement said on Sunday.

Business - Economy
10/28/2023 7:06:08 PM
The National Wages Council (NWC) has approved raising the minimum wage for private sector employees from EGP 3,000 to EGP 3,500, effective 1 January 2024, according to a Cabinet statement on Friday.

War on Gaza - War on Gaza
10/24/2023 11:11:28 AM
Israel escalated its bombardment of targets in the Gaza Strip, the Israeli occupation army said Tuesday, ahead of an expected ground invasion against Gaza that the U.S. fears could spark a wider conflict in the region, including attacks on American troops.

Business - Economy
10/22/2023 7:26:07 PM
Global gold mining company Centamin announced a plan to increase the production of Egypt's Sukari mine by 14.74 percent to 506,000 ounces (more than 15.81 tons) for the next nine years ending 2032 from 440,974 ounces in 2022, according to a press release on Sunday.

Business - Economy
10/22/2023 3:44:53 PM
Gold prices in Egypt increased by 12.42 percent since the start of the Palestinian-Israeli conflict on 7 October, reflecting uncertainty among investors.

War on Gaza - War on Gaza
10/21/2023 9:37:17 PM
Israel is to step up its punishing strikes in Gaza to increase pressure on Hamas, a military spokesman told a press conference on Saturday.

Egypt - Foreign Affairs
10/19/2023 10:16:46 PM
United Nations Secretary-General Antonio Guterres warned on Thursday of prolonging the Gaza war, stating that it would increase the risks of the conflict expanding.

War on Gaza - War on Gaza
10/19/2023 10:16:13 PM
The U.S. Department of State issued a worldwide caution alert advising U.S. citizens overseas to exercise increased caution due to mounting tensions around the world, warning of potential terrorist attacks, demonstrations and violent actions against Americans.

Al-Ahram Weekly - Egypt
10/17/2023 8:51:50 PM
Buy now, pay later schemes may increase people’s purchasing power, but they can also have undesirable outcomes if not properly regulated, experts tell Amira Hisham

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