Al-Sisi inaugurates EGYPES 2026 as petroleum minister outlines push to boost production
President Abdel Fattah Al-Sisi inaugurated Egypt Energy Show (EGYPES 2026) on Monday, reaffirming Egypt’s commitment to advancing energy transformation through strategic partnerships and practical implementation. Held under the theme “Effective…
Orascom Development Egypt launches ‘Nuba’ in El Gouna with EGP 3bn sales target
Orascom Development Egypt has launched its latest residential project, “Nuba”, in El Gouna, featuring 97 units and targeting total sales of EGP 3bn. The company aims to complete and deliver…
Egypt, L’Oréal discuss advancing sustainability, circular economy initiatives
Egypt’s Minister of Local Development and Environment Manal Awad held talks with L’Oréal Egypt to strengthen cooperation on sustainability and support the implementation of extended producer responsibility, as part of…
Damietta Port launches Ro-Ro transit service linking Europe to Gulf markets
Damietta Port has launched a new transit service for refrigerated and dry cargo arriving from Europe via a Ro-Ro shipping line connecting the port with Port of Trieste. The move…
Investment Minister explores deeper economic ties, trade expansion with India
Egypt’s Minister of Investment and Foreign Trade Mohamed Saleh held talks with Suresh K. Reddy, India’s Ambassador to Cairo, to explore ways of strengthening bilateral economic, trade and investment relations.…
Mobile app for real estate tax services to launch mid-April: Finance Minister
Egypt’s Finance Minister Ahmed Kouchouk announced that a mobile application offering a full suite of real estate tax services will be launched in mid-April, enabling users to complete processes electronically;…
Gold prices surge by EGP 175 amid global rally, geopolitical tensions
Gold prices recorded a notable increase in Egypt’s local market, tracking gains in the global ounce amid ongoing geopolitical tensions linked to the US–Iran conflict. These developments have continued to…
South Korea eyes public driving curbs as oil nears $120, Asia’s First Gulf-War-Level Rationing
South Korea is weighing an extension of driving restrictions to the general public if crude oil prices surpass $120 per barrel, Finance Minister Choo Kyung-ho said on Sunday, a measure…
Brent surges 3.7% past $116 as Houthi missiles extend energy crisis to Red Sea
Brent crude surged as much as 3.7% to $116.75 a barrel on Monday after Iran-backed Houthi militants fired missiles and drones at Israel over the weekend and Washington ordered thousands…
Egypt-Germany economic ties gather momentum across trade, investment, and green energy: Ambassador Jürgen Schulz
Economic relations between Egypt and Germany are gaining renewed momentum, supported by rising trade volumes, expanding German investments, and deepening cooperation in strategic sectors such as energy, infrastructure, and manufacturing.…
