Gold markets shift to parallel dollar rate, creating EGP 60 gap between local, global prices: iSagha
Gold prices in Egypt’s local market remained stable during Saturday’s trading session, coinciding with the weekly closure of global exchanges. This steadiness followed a volatile week that saw global gold…
Egyptian Petroleum Minister Inspects Sokhna Port Liquid Bulk Terminal
Egyptian Minister of Petroleum and Mineral Resources, Karim Badawi inspected the Sonker liquid bulk terminal at Sokhna Port on the Red Sea, as part of a visit to the petroleum…
Egypt, Turkey discuss Gaza Ceasefire efforts in phone call
Egyptian Foreign Minister Badr Abdelatty and Turkish Foreign Minister Hakan Fidan held a phone call on Saturday, April 5th, to discuss regional issues, including efforts to reinstate a ceasefire in…
Net foreign assets in Egypt’s banking sector rise by $1.5bn in February 2025
The Central Bank of Egypt (CBE) announced that net foreign assets within the Egyptian banking system rose by approximately $1.5bn during February 2025, reaching $10.17bn (equivalent to EGP 515.856bn), up…
Egypt, Seychelles deepen economic, tourism ties, sign visa waiver agreement
Egypt’s Minister of Foreign Affairs, Badr Abdelatty, met on Saturday with his Seychellois counterpart, Sylvestre Radegonde, in Cairo to explore avenues for deepening bilateral cooperation—particularly in trade, tourism, and development.…
Cairo Airport hits record high with 102,108 passengers in one day
Cairo International Airport has set a new record for daily passenger traffic, welcoming 102,108 travelers in a single day—its highest since the airport’s opening on 18 May 1963. The day…
Al-Sisi, Macron discuss bilateral ties, Gaza ceasefire efforts
Egypt’s President Abdel Fattah Al-Sisi received a phone call on Saturday from French President Emmanuel Macron, in preparation for Macron’s upcoming visit to Cairo. The conversation focused on strengthening bilateral…
Study reveals alarming microplastic pollution in Egypt’s Lake Burullus
Lake Burullus, one of Egypt’s most vital ecological and economic water bodies, is facing severe microplastic contamination, according to a new study published in the April 2025 edition of Scientific…
Israel expands ground offensive in Gaza as humanitarian crisis deepens
The Israeli occupation army has intensified its ground operations in the Gaza Strip, launching a new offensive in the eastern Gaza City neighbourhood of Shuja'iyya. The move coincides with intensified…
FRA approves four banks to trade government securities, financial instruments on secondary market
The Registration and Licensing Committee of the Financial Regulatory Authority (FRA), established under Decision No. 3060 of 2023, has approved the requests of four banks to regularize their status and…