Business
Madbouli: Major projects to be presented during upcoming BRICS summit
Prime Minister Mostafa Madbouli said Thursday a package of major proposed projects targeted by the Egyptian state will be presented during the upcoming BRICS summit, which will be offering a good opportunity for networking and reaching bilateral agree…
Mashaat in talks with EU over macro-financial assistance
Planning, Economic Development and International Cooperation Minister Rania el Mashaat held on Thursday 19/9/2024 a meeting with EU officials, via video-conferencing, on the implementation of the first stage of macro-financial assistance (MFA) under w…
Historic co-operation protocol inked by ministries, NACDW on ‘Decent Life’ villages
The Egyptian ministries of social solidarity, education and technical education and local development and the National Alliance for Civil Development Work (NACDW) have signed a historic co-operation protocol that aims to establish and operate a number…
Gold prices rise
Bethlehem – Ma’an – Gold prices rose to their highest level after the US Federal Reserve cut interest rates by about half a percentage point.
Spot gold rose 0.9% to $2,592.39 an ounce, while US gold futures rose 0.2% to $2,598.60 at settlement.
Sou…
Egypt and Petronas Discuss Expanding LNG Investments at Gastech 2024
Minister of Petroleum and Mineral Resources Karim Badawi met with Adnan Zainol Abidin, Chief Operating Officer-(COO) of the Malaysian Petronas Group, to discuss the status of the group’s current investments in Egypt and its plans to increase investmen…
Oil prices close higher at settlement
Oil prices closed higher on Tuesday, reaching their highest level this month, with increasing supply disruptions and traders betting that demand will grow if the Federal Reserve/US Central Bank/cuts borrowing costs this week.
Brent crude futures rose…
The Egyptian Exchange (EGX) ended Wednesday’s trading session in the green amid Arab selling
Benchmark index EGX 30 was up 0.61 percent to 30,342.46 points, with the Shariah index climbing by 0.20 percent to reach 2,879.64 points.
EGX 70 surged by 1.16 percent to 7,070.08 points, followed by EGX 100 rising by 1 percent to close the session w…