Al-Sisi, Christodoulides inaugurate Egypt Energy Show, witness signing of gas deals
Egyptian President Abdel Fattah Al-Sisi and Cypriot President Nikos Christodoulides inaugurated the eighth edition of the Egypt Energy Show (EGYPES) 2025, held in Cairo from 17-19 February. The event drew…
Chevron welcomes Egypt-Cyprus MoU as key step for Aphrodite gas project
The Memorandum of Understanding (MoU) signed on Monday between the governments of Egypt and Cyprus, alongside Chevron, marked a significant milestone in advancing key commercial agreements for the Aphrodite gas…
Scientists identify ancient predator ‘Bastetodon’ in Egypt
A rare fossil uncovered in Egypt’s Fayum Desert has led to the identification of a new species of a 30-million-year-old apex predator, named Bastetodon. Published in the Journal of Vertebrate…
Egypt’s net foreign asset surplus reaches $11.99bn in January 2025
The Central Bank of Egypt (CBE) recorded a net foreign asset (NFA) surplus of $11.99bn (EGP 603.06bn) in January 2025, up from $11.64bn (EGP 592.47bn) in December 2024. Net foreign…
Israel blocks aid equipment to Gaza as Hamas awaits humanitarian protocol implementation
Israeli Prime Minister Benjamin Netanyahu has refused to allow caravans and heavy equipment into Gaza, despite guarantees that the Islamic Resistance Movement (Hamas) claims to have received as part of…
ETA committed to partnership with businesses to remove obstacles, foster growth: Chief
Rasha Abdel Aal, Head of the Egyptian Tax Authority (ETA), emphasized the authority’s commitment to strengthening its partnership with the business community. She highlighted that the Minister of Finance continuously…
Transport Ministry showcases advantages of ‘Ro-Ro’ shipping line for exporting
The Ministry of Transport has called upon the Egyptian Federation of Industries, the Federation of Chambers of Commerce, heads of Egyptian export councils, exporters, importers, and business leaders to leverage…
URBNZ Developments unveils AXIS Three Business Mall in West Cairo
URBNZ Developments has launched its first project, AXIS Three Business Mall, in West Cairo, targeting sales of EGP 230m, according to Mahmoud Amir, Chief Commercial Officer (CCO) of the company.…
Opinion | Egypt’s Resolve: Defying Trump’s Displacement Plan
The proposal was as audacious as it was alarming. In January, when US President Donald Trump suggested the forced displacement of Palestinians from Gaza into Egypt and Jordan, it was…
SPINNEYS EXPANDS AND REACHES THE COASTAL RESORT TOWN OF AIN SUKHNA
Spinneys, one of the leading supermarket chains providing quality products and services across Egypt, proudly announced the opening of its 31st store on Sunday February 16. The new store is…