Egypt, Seychelles deepen economic, tourism ties, sign visa waiver agreement
Egypt’s Minister of Foreign Affairs, Badr Abdelatty, met on Saturday with his Seychellois counterpart, Sylvestre Radegonde, in Cairo to explore avenues for deepening bilateral cooperation—particularly in trade, tourism, and development. Abdelatty underscored the historical relationship between Egypt and Seychelles, reaffirming
Egyptian Petroleum Minister Inspects Sokhna Port Liquid Bulk Terminal
Egyptian Minister of Petroleum and Mineral Resources, Karim Badawi inspected the Sonker liquid bulk terminal at Sokhna Port on the Red Sea, as part of a visit to the petroleum facilities in the area on Saturday. During the visit, Badawi
Egyptian Petroleum Minister Inspects Sokhna Port Liquid Bulk Terminal
Egyptian Minister of Petroleum and Mineral Resources, Karim Badawi inspected the Sonker liquid bulk terminal at Sokhna Port on the Red Sea, as part of a visit to the petroleum facilities in the area on Saturday. During the visit, Badawi
Gold markets shift to parallel dollar rate, creating EGP 60 gap between local, global prices: iSagha
Gold prices in Egypt’s local market remained stable during Saturday’s trading session, coinciding with the weekly closure of global exchanges. This steadiness followed a volatile week that saw global gold prices swing sharply as investors liquidated holdings to offset stock
Egyptian Investment Minister Engages with Alexandria Business Community, Pledges Improved Export Support
ALEXANDRIA, Egypt, April 6 (Reuters) – Egyptian Minister of Investment and Foreign Trade, Hassan El-Khatib, met with members of the Alexandria Chamber of Commerce and representatives of the city’s business and investment community during a visit to Alexandria. The meetings
China slams US tariffs as WTO violation, urges return to fair trade practices
The Chinese Embassy in Cairo has strongly condemned the latest round of US tariffs on imports from China and other countries, calling them a clear violation of World Trade Organization (WTO) rules and a significant threat to the multilateral trading
Net foreign assets in Egypt’s banking sector rise by $1.5bn in February 2025
The Central Bank of Egypt (CBE) announced that net foreign assets within the Egyptian banking system rose by approximately $1.5bn during February 2025, reaching $10.17bn (equivalent to EGP 515.856bn), up from $8.7bn (EGP 437.261bn) in January. According to a recent
ECLAC Forum in Chile to Assess Latin America and Caribbean’s Progress on Sustainable Development Goals
The Economic Commission for Latin America and the Caribbean (ECLAC) is hosting a high-level forum at its headquarters in Santiago, Chile, from 31 March to 4 April. The forum aims to evaluate the region’s progress towards achieving the United Nations’
Vietnam and Belarus Commit to Strengthening Economic Cooperation
Vietnam and Belarus have pledged to strengthen their economic ties, with a particular focus on trade, industry, and science and technology. The commitment was made during the 16th session of their Intergovernmental Committee. Vietnamese Trade Minister Nguyen Hong Dien and
EU approves €4bn loan for Egypt
The European Parliament has approved the second tranche, worth €4bn, of the European Union’s (EU) Macro-Financial Assistance (MFA) package for Egypt. The announcement was made by the Egyptian Ministry of Planning and Economic Development, and International Cooperation in a statement