News

Egypt’s natural gas production experiencing a sharp 20% year-on-year drop, falling to 4.3 billion cubic feet per day (bcf/d) in January, marking the lowest level since December 2016, according to the ...
Goldman Sachs maintains a cautiously optimistic outlook for Egypt’s economy, despite concerns over inflation, a weakening currency, and slow progress on structural reforms, the bank expects interest ...
The Egyptian Exchange (EGX) ended August trading on a positive note on Thursday, with market capitalization recorded at EGP 2.103 trillion. Benchmark index EGX 30 saw a slight bump into the green by 0 ...
The Egyptian Exchange (EGX) kicked off the last full week of trading in 2024 with a mixed performance. Benchmark index EGX 30 fell by 0.5% during the session to reach 30,372.7 points. The Shariah ...
The Egyptian Exchange (EGX) recorded a mixed performance during Monday’s session, led by local investors. Benchmark index EGX 30 continued its drop into the red, declining by 0.61% to end the session ...
The Egyptian Exchange (EGX) closed this week’s first day of trading with mixed performance as benchmark index EGX 30 slipped into the red by 0.06%, reaching 30,776 points at the end of the session.
The Egyptian Exchange (EGX) recorded a mixed performance on Monday’s trading session, with a market capitalization was recorded at EGP 2.2364 trillion. Benchmark index EGX 30 inched upwards by 0.09% ...
The Egyptian Exchange (EGX) jumped into the green, recording a market cap. of EGP 2.074 trillion, amid Egyptian selling after the CBE reported inflation rising for the first time in months. On Tuesday ...
The Egyptian government has successfully issued its second sovereign sukuk, compliant with Islamic Sharia principles, with a total value of $1 billion. The sukuk was offered as a private placement ...
Agiba Petroleum Company, the joint venture between the Egyptian General Petroleum Corporation (EGPC) and Italy’s Eni, has commenced production from the newly discovered Arcadia West field in Egypt’s ...
Dr. Khaled Abdel Ghaffar, Deputy Prime Minister for Human Development and Minister of Health and Population announced that the total number of services provided by the presidential initiative “Bedaya ...
Maritime traffic through the Red Sea has seen a rebound, climbing approximately 60% since August 2024 to an average of 36 to 37 ships per day, according to Rear Admiral Vasileios Gryparis, commander ...