Egypt’s Energy Regulatory Authority (EERA) and the British Office of Gas and Electricity Markets (OFGEM) have signed a joint statement of intent for cooperation…
The Egyptian Prime Minister Mostafa Madbouly announced a six-day holiday for the public sector on the occasion of Eid El-Adha, according to an official…
Suez Canal revenues jumped to 7 billion USD in the 2021-2022 fiscal year, the highest value ever, increased by 20% from the previous fiscal…
The Central Bank of Egypt (CBE) has decided to reinstate fees on cash withdrawal transactions from automated teller machines (ATM), setting the maximum fees…
Egypt emerges as a major fuel supplier to Saudi Arabia. The emerging role of some countries as a major supplier of fuel oil to…
With the surging international fuel prices, it seems that Egypt’s fuel hikes would only emulate the global scene. But will these hikes reach their…
Foreign sales plunge the Egyptian “Fawry” stock 10% to its lowest level in two years. The Norwegian Wealth Fund’s stake in “Fawry” shares amounted…
Egypt plans to cut wheat imports by 500,000 tons per year, or about 10%, by eking out more subsidized bread from its grain, Supply…
