Oil rises to highest level in two weeks amid red sea shipping concerns
Oil rises to highest level in two weeks amid red sea shipping concerns. The recent escalation in attacks by the Iranian-backed Houthi group in…
Egyptian gold prices climb amidst global market fluctuations and rate cut speculations
Egyptian gold prices climb amidst global market fluctuations and rate cut speculations. Gold prices in Egypt saw an uptick during Tuesday’s trading, rising by…
The Egyptian Proptech startup changing the way we buy homes
The Egyptian Proptech startup changing the way we buy homes. Partment, an Egypt-based proptech startup, is making people’s ambitions of owning a second home…
IIF estimates Egypt’s financing gap for FY2023/24 at 7 billion USD
IIF estimates Egypt’s financing gap for FY2023/24 at 7 billion USD. This gap is likely to be bridged mainly by foreign direct investment (FDI)…
Investors ditch notion that interest rates will stay ‘higher for longer’
Presidential Decree in Official Gazette approves USD 500 million loan for social welfare expansion
Presidential Decree in Official Gazette approves USD 500 million loan for social welfare expansion. A presidential decree featured in the Official Gazette details the…
Saudi ADES wins contract to operate, revamp oil brownfields in Egypt
Saudi ADES wins contract to operate, revamp oil brownfields in Egypt. The Egyptian General Petroleum Corporation (EGPC) has awarded the Saudi ADES Holding Company…
Agriculture Minister reveals the reason behind the rise in potato and onion prices
Agriculture Minister reveals the reason behind the rise in potato and onion prices. Regarding the rise in the prices of potatoes and onions, the…
Aton Resources set for gold production in Egypt’s Eastern Desert by 2025
Aton Resources set for gold production in Egypt’s Eastern Desert by 2025. Canadian firm Aton Resources is set to begin gold production in Egypt’s…
As Zilla capital expected Egypt’s annual headline inflation dropped to 36.4% in November, compared to 38.5% in October
As Zilla capital expected Egypt’s annual headline inflation dropped to 36.4% in November, compared to 38.5% in October. The monthly inflation rate fell to…
