News
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EGP-denominated bonds to be listed on Hong Kong Exchange
One of the key outcomes of the agreement is the mutual intention to eliminate dual taxation between Egypt and Hong Kong later this year.
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Price speculation urges Egyptian Mercantile Exchange to suspend wheat trading
The Ministry of Supply and Internal Trade has suspended trading on wheat in the Egyptian Mercantile Exchange (EME) due to price speculation.
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Scan Pyramids Project led to some important discoveries
Up till now, there is no well-established theory explaining the pyramids were built, Hilal told MENA on the margins of a symposium.
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Telecom Egypt raises prepaid landline prices
Egypt’s giant telecom operator Telecom Egypt has raised the monthly prices of prepaid landlines by up to EGP 5.
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Egypt, Russia trade exchange increases by 14% during 2023
During the first 11 months of 2023, Egypt's exports to Russia valued at $469 million, showing a decrease of 13.7 percent, compared to $543 m in 2022.
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Russian tourism ranks first in Sharm el-Sheikh
An Egyptian-Italian tourism expert, Ahmed Badawy, praised the development witnessed by Sharm el-Sheikh regarding hospitality.
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Central Bank of Egypt to issue EGP 130 bln T-bills this week
The Central Bank of Egypt (CBE) is set to issue EGP 130 billion treasury bills (T-bills) on Tuesday with four different maturities between April 2024
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New Egypt-Jordan submarine cable to power AI and data centers demands
Artificial intelligence applications and data center demands are poised for a boost, thanks to a new submarine cable connecting Egypt and Jordan.
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Egypt's Suez canal authority head: revenue down 44% in Jan 2024
Egypt's Suez canal authority head Osama Rabie told Asharq TV on Thursday the canal's revenue fell by 44% in January 2024 compared to last year.
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Communications Minister affirms depth of ties between Egypt, India
Communications and IT Minister Amr Talaat underlined the depth of ties binding Egypt and India in the various domains.
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Egyptian exports 2023/24 forecast to increase by 25 percent
Most orange exporters are producers who own packing facilities approved for export by the government.
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Burullus Gas lets contract for development offshore Egypt
Burullus Gas Co. let a contract to Longitude Engineering to provide design and engineering services for subsea work offshore Egypt.
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Large public turnout at 55th Cairo International Book Fair
Families flocked from across the country as soon as the doors opened even despite low temperatures.
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Egypt’s sweet success in sweet potatoes. Exports to EU soar in MY 2023/24
In the first 5 months of the MY 2023/24 (July-June), EU countries imported 63 thousand tons of sweet potatoes from Egypt.
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Egypt's Gold Division Denies Taking Legal Actions Against Traders for Price Fluctuations
The Division assured that these claims are unfounded, with no recorded complaints from traders that could substantiate such events.
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EU accounts for 27% of Egypt’s total trade: Commissioner Varhelyi
Commissioner of the European Commission Oliver Varhelyi announced that the EU is Egypt's primary trading partner.
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Egypt to reinstall outer casing of Pyramid of Menkaure
The Egyptian-Japanese archaeological mission on Thursday began a project to study and document the granite blocks comprising the outer casing.
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With government relocated, Egypt set to unveil overhaul of downtown Cairo
The blueprint includes the government quarter on the southern edge of downtown and involves traffic plans.
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GEM Celebrates The Birthday Of Umm Kulthum With A Concert
Grand Egyptian Museum will celebrate the centennial birthday the legendary Umm Kulthum with a concert on February 21.
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Hurghada among best global tourist destinations for 2024: TripAdvisor
The city has witnessed significant improvements recently, making it a prime destination for European tourists in particular.