Obour Market slashes post-harvest losses to 3-5%, saving EGP 1.2bn annually
Prime Minister Mostafa Madbouly held a high-level meeting at Obour Wholesale Market on Saturday to review food supply conditions, market operations, and ongoing government efforts to stabilise prices. During the…
COMESA launches digital investment map showcasing 180 opportunities across seven sectors
The Common Market for Eastern and Southern Africa has unveiled its COMESA Investment Map, an interactive digital platform presenting 180 nationally endorsed investment opportunities across seven priority sectors: agriculture, food…
Egypt launches phase two of Ataba development to upgrade markets, infrastructure
Egypt has launched the second phase of the development of the Ataba area in Cairo, as part of a wider government strategy to modernise urban markets and upgrade infrastructure in…
Egypt mandates early shop closures, partial remote work as Iran war doubles fuel bill to $2.5bn
Egypt has mandated nationwide shop closures from 9:00 pm and introduced partial remote work to mitigate the economic impact of the war in Iran and a doubling of its monthly…
Suez Canal Bank general assembly approves 2025 results, highlighting strong growth, strategic expansion
The ordinary general assembly of Suez Canal Bank, chaired by Amr Tantawy, Chairperson of the Board, approved the bank’s financial statements for the fiscal year 2025, in the presence of…
Total financial position of banks operating in Egypt rises to EGP 24.1trn in 2025: CBE
The Central Bank of Egypt (CBE) said the total financial position of banks operating in the Egyptian market, excluding the central bank, rose to EGP 24.122trn in 2025, underscoring continued…
From G7 tensions to ‘paper tiger’ NATO: How the Iran war accelerated the West’s trust crisis
The room was full of allies. Cameras were absent. And when Kaja Kallas, the European Union's foreign policy chief, turned to Marco Rubio and demanded to know when the United…
The $200 barrel: How a closed strait is forcing world to confront the true cost of energy war
Two container ships bearing the red star of Cosco Shipping Corp edged toward the mouth of the Persian Gulf on Friday. They nearly made it. Then, without warning, both vessels…
Egypt raises train and metro fares in latest pricing adjustment
Egypt’s Ministry of Transport has announced an increase in railway ticket prices alongside adjustments to some Cairo Metro fares, as part of ongoing efforts to restructure public transport pricing. According…
Egypt’s non-oil exports rise to $12.2bn, deficit narrows
Egypt’s non-oil exports climbed to $12.2 billion in the third quarter of 2025, marking a 19.6% increase compared to the same period a year earlier, according to a government report.…