British Embassy in Cairo closes after Egypt removes security barriers
The British Embassy in Cairo announced on Sunday it was closing its main building after Egyptian authorities removed security barriers from outside the premises, in a move seen as a…
Egypt’s PM meets with Chinese firms to discuss energy, water desalination projects
Egyptian Prime Minister Mostafa Madbouly held a series of meetings with the heads of major Chinese companies on Sunday to discuss expanding investment in Egypt, particularly in renewable energy, water…
Madinaty crowned Egyptian Super Cup golf champions for 1st time
Madinaty Golf Club has won the 2025 Egyptian Golf Super Cup for the first time after defeating Palm Hills in the final match held at the Gezira Sporting Club. The…
Indian PM Modi meets Chinese President Xi on sidelines of SCO Summit
Chinese President Xi Jinping met with Indian Prime Minister Narendra Modi on Sunday on the sidelines of a Shanghai Cooperation Organisation (SCO) summit, in the Indian leader's first visit to…
SCO summit opens in China with leaders from over 20 countries attending
The 25th Shanghai Cooperation Organisation (SCO) summit opened in Tianjin, China, on Sunday, with leaders including China's Xi Jinping and Russia's Vladimir Putin set to discuss security and economic cooperation…
Putin: Russia-China progress is for the benefit of all humanity
Russian President Vladimir Putin has praised the strengthening cooperation between Russia and China within the BRICS group, stating that the two countries are actively working to enhance the bloc's influence…
Egypt’s tax revenues surge 35% to EGP 2.2 trn in last fiscal year
Egypt's tax revenues surged by 35% to reach EGP 2.2trn ($46bn) in the last fiscal year, a growth achieved without imposing any new taxes or additional burdens, the head of…
Four global energy firms commit $343m to Egypt’s oil, gas exploration
Egypt has secured four new oil and gas exploration agreements worth a combined $343m with leading international energy companies, as part of the Petroleum Ministry’s strategy to intensify exploration and…
Madbouly urges Chinese investment in Egypt’s EV, desalination, and renewable energy
Egypt’s Prime Minister Mostafa Madbouly has called on Chinese companies to expand their investments in Egypt, particularly in electric vehicles (EVs), water desalination, and renewable energy components, as the government…
Market awaits repercussions of 2% rate cut on savings, loans, and debt instruments
The banking sector and wider financial markets are bracing for the impact of the Central Bank of Egypt’s (CBE) surprise decision last Thursday to cut key policy rates by 200…
