Economy

Foreign investors make LE3 billion net purchases on Egyptian Exchange 

Foreign investors make LE3 billion net purchases on Egyptian Exchange 

Since the beginning of 2026, foreign investor net purchases on the Egyptian Exchange have reached LE 3.04 billion, while Arab…
Egypt stocks hit record highs as market cap tops LE3.15 trillion

Egypt stocks hit record highs as market cap tops LE3.15 trillion

CAIRO, Jan 23 (MENA) – Egypt’s stock market hit new record levels last week, with strong gains lifting the market…
Gold prices slump below record highs amid strengthening US dollar

Gold prices slump below record highs amid strengthening US dollar

Global gold prices fell on Thursday, as precious metals saw a broad decline driven by subsiding geopolitical risks and a…
Egypt urges blended finance to unlock private capital for climate action in emerging markets

Egypt urges blended finance to unlock private capital for climate action in emerging markets

DAVOS, Switzerland, Jan 21 (MENA) – Egypt’s Minister of Planning, Economic Development and International Cooperation Rania Al-Mashat said on Wednesday…
PM asserts keenness on following up on progress of service, development projects nationwide

PM asserts keenness on following up on progress of service, development projects nationwide

Prime Minister Mostafa Madbouly asserted his keennness on monitoring the progress of service and development projects in all governorates, particularly…
PM reviews developments in plans to revitalize sugar companies of supply ministry

PM reviews developments in plans to revitalize sugar companies of supply ministry

CAIRO, Jan 19 (MENA) – Prime Minister Mostafa Madbouly held a meeting at the government’s headquarters in the New Capital…
PM: Govt working to boost added value, governance of gold

PM: Govt working to boost added value, governance of gold

CAIRO, Jan 18 (MENA) – Prime Minister Mostafa Madbouly said the government is working to maximize the added value of…
Egypt announces new oil and gas discoveries adding 47 mln cu ft of gas, 4,300 bpd

Egypt announces new oil and gas discoveries adding 47 mln cu ft of gas, 4,300 bpd

CAIRO, Jan 16 (MENA) – The Ministry of Petroleum and Mineral Resources said on Friday that several oil and gas…
EU releases €1 billion second tranche as part of €5 billion strategic loan to Egypt

EU releases €1 billion second tranche as part of €5 billion strategic loan to Egypt

Following Egypt’s receipt of the second installment of European Union (EU) financial aid totaling €1 billion, Angelina Eichhorst, the EU…
Planning Minister announces €1 billion to be disbursed from the European Union on Thursday

Planning Minister announces €1 billion to be disbursed from the European Union on Thursday

Minister of Planning, Economic Development, and International Cooperation, Rania al-Mashat, said on Tuesday that the government has implemented 16 economic…
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