Egypt

The Egyptian pound weakened to about 32 to the dollar from 27.60 at the open on Wednesday before rebounding to 29.61 pounds by end-Monday. Additional foreign currency from local sources, remittances from Egyptians working…

The Egyptian Cabinet has agreed to grant the Gold License to eight projects that requested to get the licenses from the General Authority for Investment and Free Zones (GAFI), according to an official statement on December 14th.The first…

Under the auspices of President Abdel Fattah El-SisiCairo – The second edition of the International Nebu Expo for Gold & Jewelry 2022 — which will be held from December 10 to 12 under the patronage of President Abdel Fattah El-Sisi —…

SHARM EL-SHEIKH, Egypt, Nov 18 (Reuters) - Alok Sharma, the COP26 president who oversaw last year's Glasgow Climate Pact, warned on Friday that time was running out for reaching a deal at this year's U.N. climate conference in Egypt, and…

Hydrogen has a diverse range of applications and can be deployed in a wide range of industries.Aranga87 | Istock | Getty ImagesHydrogen use by the G-7 could jump by four to seven times by the middle of this century compared to 2020 in…

US Ambassador to Iraq Alina Romanowski has increased her visits to PM-designate Mohammad Shia Al-Sudani, President Abdul-Latif Rashid and Speaker Mohammed al-Halbousi to discuss the formation of the government.Informed…

CAIRO (AP) — President Abdel Fattah el-Sissi of Egypt announced a Cabinet reshuffle Saturday to improve his administration's performance as it faces towering economic challenges stemming largely from Russia’s war in Ukraine.The Cabinet…

Placeholder while article actions loadTEL AVIV — With the Russian invasion of Ukraine, Israel’s burgeoning natural gas sector has set its sights on energy-desperate Europe, but it’s also using its newly acquired energy wealth to achieve…

Placeholder while article actions loadTEL AVIV — Israel, Egypt and the European Union on Wednesday signed a trilateral natural gas agreement in Cairo, as Europe scrambles to cobble together an energy strategy to replace the Russian…

The exchange rates of most foreign currencies in the National Bank of Egypt fell on Tuesday, while the price of the US dollar and the rest of the Arab currencies stabilized by the start of morning trading.The NBE announced the first…