Business

Economy

Egypt’s CBE maintains key interest rates

Bucking all expectations, the Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) has maintained key interest rates for the third time since the initial three percent hike following the onset of the Russian-Ukrainian war.

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Egypt’s CBE maintains key interest rates

Oil, dollar prices fall on Wednesday as gold rise

Fed escalates its inflation fight with another big rate hike

US Fed to raise interest rates as aid to fight insecurity announced

Egypt's economy achieved positive growth rates in 2021/22: Finance minister to Japanese companies

US Fed opens policy meeting with steep rate hike on the table

Egypt's trade minister, Qatari commerce chamber chairman discuss economic cooperation

Oil prices, dollar rise on Monday as gold falls

Egypt's exports of ready-made garments record $1.44 billion in seven months; 35% increase

Markets drop again as traders brace for another big Fed hike

Fitch Solutions upgrades projections for Egypt’s real GDP growth in 2022 by 0.6%

Steep Fed rate hike seen as certainty after ugly inflation data

Egypt’s SWF signs deals on EGP 25.5 bln projects in 2021, studies EGP 140 bln projects

Russia uses ruble, Egyptian pound currency settlement in trade exchange with Egypt: Ambassador

Egypt disposed of 99% of abandoned, hazardous goods at ports since Jan. 2020: Minister

Egypt agricultural exports exceed 4.7 mln tons in first 9 months of 2022

Oil, gold prices fall on Wednesday, dollar rises

Markets & Companies

‘Made by UTC’ breaks into the Egyptian cigarette market

The United Tobacco Company (UTC), a subsidiary of the American multinational tobacco giant Philip Morris International (PMI), has started manufacturing cigarettes in the Egyptian market, ending the decades-old monopoly by the state-owned Eastern Tobbaco Company on the manufacturing of cigarettes.

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‘Made by UTC’ breaks into the Egyptian cigarette market

Global markets fall sharply on worries about rates, economy

Egypt approves establishment of fund to invest in stocks

Central Bank of Egypt approves procedures facilitating import/export transactions: Sources

High inflation makes Sweden hike key interest rate one full percentage point

Egypt's readymade garments council plans to double exports

Qatar Investment Authority eager to invest in Egypt’s tourism, hotel sectors

Egypt to release an EGP 2 coin to save on several coin denominations: Finance minister

Egypt's food industries exports to France rise by 15% in 2021

China’s Oppo to establish mobile phone factory in Egypt

Egypt bourse gains EGP 8.5 bn, all indexes up

Philip Morris Misr increases cigarette prices in Egypt

Americana Group to launch new production lines in Egypt: GAFI chairman

Egypt’s August PMI for non-oil business reaches highest level since February: S&P Global

Egypt, Dutch Stellantis sign MoU to boost investment in auto industry

Egyptian trade mission to head to Kenya in October: Chemical Industries' Export Council

Egypt issues first-of-a-kind sharia-compliant micro-financing license to Maksab

Energy

Egypt exports two additional natural gas shipments, one month after start of rationalisation plan

Egypt has exported two additional natural gas shipments, Minister of Petroleum and Mineral Resources Tarek El-Molla said on Thursday, nearly one month after the country put its power saving scheme into practice.

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Egypt exports two additional natural gas shipments, one month after start of rationalisation plan

Egypt intensifying efforts to become a regional energy hub: FM Shoukry in Macron dinner at UNGA

Developing Egypt's petroleum refineries increased production capacity: Minister

Oil, dollar prices fall on Tuesday as gold rise

Oil, gold prices fall on Tuesday, dollar rises

Norway 'sceptical' about gas price cap: PM

Germany faces recession as energy crisis bites: Think-tank

Sisi orders expediting implementation of green energy projects with Australia’s FFI

Egypt seeks to build strong regional partnerships to export gas to Europe: Minister

OPEC+ cuts oil supplies to the world as prices fall

Oil prices, dollar and gold fall on Tuesday

Sisi hails 'fruitful' cooperation with Eni, encourages continued exploration

Egypt signs MoUs with UK-based companies to support green hydrogen development

Egypt ready to share its expertise in oil, gas industry with Djibouti: Petroleum Minister

Egypt electricity production up by 30,000 MW in 6 years: Ministry spokesperson

Egypt to speed up Dabaa peaceful nuclear power program per Sisi directives: Minister

Egypt signs 7 MoUs to produce green hydrogen in Ain Sokhna Industrial Zone

Tech

Twitter to depose Elon Musk ahead of buyout deal trial

Twitter's lawyers will question Elon Musk next week as they gather evidence in a legal battle to hold him to his $44 billion buyout deal, a Tuesday court filing said.

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