The European Commission announced Thursday a further 30 million euros (USD 33 million) in urgent humanitarian aid to help those most in need in Lebanon.

This new emergency aid package will provide “urgent food assistance, shelter and health care” amo…

The International Monetary Fund (IMF) will commence the fourth review of Egypt’s Extended Fund Facility (EFF) loan programme in November through an IMF mission visiting Cairo, Minister of Planning, Economic Development, and International Cooperation R…

Egypt’s GDP growth reached 2.4 percent in the final quarter of FY2023/2024, culminating in an annual growth rate of 2.4 percent, a decline from the 3.8 percent growth seen in FY2022/2023, according to the Ministry of Planning and Economic Development….

Chairman of the General Authority for the Suez Canal Economic Zone (SCZone) Walid Gamal El-Din met with officials from 30 companies, members of the French Employers Federation (MEDEF), at the conclusion of his promotional tour aimed at attracting Fren…

Prime Minister Moustafa Madbouli and Germany’s Bavaria Minister-President Markus Söder witnessed on Thursday a ceremony for inking a joint letter of intent between the Ministry of Electricity and Renewable Energy and government of Bavaria state on boo…

The Ministry of Electricity announced today, Wednesday, the loss of about (7100 megawatts) due to the decrease in the releases of national gas and the supplier operating the production stations.

The ministry said in a statement: “There is a specifica…

Basra Heavy and Medium crude prices recorded a decline this morning, Wednesday, despite the global rise.

Basra Heavy crude prices fell by $1.36 to reach $67.21, and Medium crude prices fell by $1.36 to reach $70.21.

Oil prices rose, amid fears that …