Thursday, June 11, 2026

Gold Price Retreats Despite Iran Tensions as Rate Fears Rise

CAIRO — Gold prices extended their decline this week as investors reassessed the implications of escalating tensions between the United...

Standard Chartered Forecasts EGP49 Dollar Rate by the end of 2026

CAIRO — Egypt's economic outlook received a vote of confidence from Standard Chartered, which expects the Egyptian pound to strengthen...

Egypt Clears $6.1bn Energy Arrears, Targets Output Growth

CAIRO — Egypt has achieved a major milestone in its energy-sector reform agenda after eliminating all outstanding dues owed to...

EGX Slides as Investors Shift Focus to Egyptian Debt

Equity Market Retreats as Treasury-Bill Demand Highlights Confidence in Egypt's Macroeconomic Outlook Cairo — Egyptian equities posted their sharpest decline in...

ECES: AI Jobs Rise as Egypt’s Labour Market Transforms

CAIRO — Egypt is moving to align its higher-education system with a rapidly changing labour market as the rise of...

AI Litigation: Courts Grapple With Surge in Self-Represented Cases

The rapid adoption of generative artificial intelligence is reshaping access to justice in the United States, with a growing...

MCIT: AI Security Emerges as Pillar of Egypt’s Digital Sovereignty Strategy

CAIRO — Egypt is accelerating efforts to integrate artificial intelligence into national cybersecurity and digital-governance frameworks, placing AI Security...

Gold Price Retreats: Bullion Falls Below $4,200 as Iran Conflict Reignites

Gold extended its decline as Gold Price Retreats on Wednesday, falling below the $4,200-per-ounce threshold as renewed military exchanges between...

EGX Rebounds as Foreign Buying Reinforces Confidence in Egyptian Assets

Financial Shares Lead Recovery as Overseas Investors Return Amid Improving Liquidity Outlook Cairo — Egyptian equities rebounded on Tuesday as...

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Top 7 This Week

Egypt Tenders EGP4.5bn Link for Dabaa Nuclear Power Plant

CAIRO — Egypt has launched an international tender for a high-voltage transmission line to connect the country's under-construction Dabaa Nuclear Power Plant to the...

Egypt and Syria Deepen Cooperation on Gas and Infrastructure

Egypt and Syria have moved to strengthen their energy partnership through discussions aimed at supporting Energy Recovery efforts in Syria, highlighting a broader push for regional...

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Saudi Arabia Advances Managed Urban Growth Strategy Through New Vacant Property Fees

Saudi Arabia has approved new executive regulations imposing annual fees on vacant residential and commercial properties, marking one of...

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Egypt, Eritrea Reaffirm Coordination on Red Sea Security and Horn of Africa Stability

CAIRO — President Abdel Fattah El-Sisi and Eritrean President...

WHO Launches $518 Million Ebola Response Plan

The World Health Organization (WHO) and the Africa Centres...

Orascom Targets East Africa Trade Corridor With New Egypt–Kenya Platform

Orascom Investment Holding is preparing to launch a specialised...

How Many More Lives Must Illegal Migration Claim?

In a recurring tragedy that continues to underscore the...

Egypt–South Africa Relations: Brotherhood and Solidarity on a Shared African Path

Each year on 27 April, Freedom Day stands as...