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USD/EGP exchange rates stable at Egyptian banks

USD/EGP exchange rates stable at Egyptian banks

Arab Finance: The exchange rate between the Egyptian pound (EGP) and the USD recorded EGP 49.37 for buying and EGP 49.47 for selling at the National Bank of Egypt (NBE) on Thursday. The US dollar traded at EGP 49.36 for purchasing and EGP 49.46...

12 Ancient Egyptian zodiac signs and what they say about your personality

12 Ancient Egyptian zodiac signs and what they say about your personality

Have you ever wondered what the stars said about you thousands of years ago—in ancient Egypt? While Western astrology is widely known, Egyptian astrology offers a rich, mystical alternative that is both ancient and eerily accurate. Much like the...

New Fortress Energy to deploy 2nd FSRU in Egypt

New Fortress Energy to deploy 2nd FSRU in Egypt

Arab Finance: New Fortress Energy Inc. is set to deploy the Energos Winter, a 138,250 cubic meters floating storage and regasification unit (FSRU), in Egypt as early as August 2025, according to a press release. This falls within New Fortress...

Stunning 4,000 years old burial tomb and remains of ancient Egyptian 'wizard doctor' found

Stunning 4,000 years old burial tomb and remains of ancient Egyptian 'wizard doctor' found

Archaeologists have unearthed the remains of an ancient Egyptian believed to be a skilled wizard or doctor dating back 4,000 years. The Egyptian Ministry of Tourism and Antiquities made the revelation earlier this year, announcing the find at...

Egypt Dominates Africa’s Tank Rankings With 3,620 in Service—More Than the Next Two Nations Combined

Key Points Egypt has long been the military powerhouse in Africa, and its armored divisions are some of the most impressive in the world With an impressive force of over 3,600 tanks in service, Egypt fields more tanks than the next two nations on...

Young, educated and knee deep in rubbish: the recyclers cleaning up in Cairo’s Garbage City

Young, educated and knee deep in rubbish: the recyclers cleaning up in Cairo’s Garbage City

When Mina Nedi graduated with a nursing degree last year, his friends and family expected him to start working in one of Egypt’s overstretched hospitals. Instead, the 25-year-old decided to join his father’s recycling business in Manshiyet Nasr, a...

Elsewedy, regional Johnson Controls–Hitachi win contract for Egypt’s high-speed rail megaproject

Cairo - Johnson Controls–Hitachi Air Conditioning Middle East and Africa (Johnson Controls–Hitachi Air Conditioning MEA) along with Elsewedy Machinery, the trading arm of Elsewedy Electric Group, won a major HVAC contract for the flagship...

Egypt, Saudi Arabia review bilateral ties, regional development

CAIRO, July 17 (Xinhua) -- Egyptian Foreign Minister Badr Abdelatty met Thursday with his Saudi counterpart Prince Faisal bin Farhan bin Abdullah Al Saud in the northern Egyptian city of Alamein, where they reaffirmed the strength of bilateral...

Egypt and Saudi Arabia Reaffirm Deep Political and Economic Cooperation

Egypt and Saudi Arabia Reaffirm Deep Political and Economic Cooperation

Thu 17 Jul 2025 | 11:09 PM Egyptian Foreign Minister Dr Badr Abdel Aaty met with his Saudi counterpart Prince Faisal bin Farhan in the coastal city of Alamein, where both sides reaffirmed the depth and strength of Egyptian Saudi relations,...

Egypt’s Mufti Meets Deputy Uzbek Ambassador to Strengthen Religious Cooperation

Egypt’s Mufti Meets Deputy Uzbek Ambassador to Strengthen Religious Cooperation

Thu 17 Jul 2025 | 08:15 PM Egypt’s Mufti Meets Deputy Uzbek Ambassador to Strengthen Religious and Academic Cooperation Dr. Nazir Mohammed Ayad, Grand Mufti of Egypt and President of the General Secretariat for Fatwa Authorities Worldwide,...

Egypt: Minister Of Planning, Economic Development, And International Cooperation Inspects The Prosthetics Center In Matrouh And Witnesses The Delivery And Maintenance Of 100 Prosthetic Limbs For Mine Victims And Affected People

Egypt: Minister Of Planning, Economic Development, And International Cooperation Inspects The Prosthetics Center In Matrouh And Witnesses The Delivery And Maintenance Of 100 Prosthetic Limbs For Mine Victims And Affected People

(MENAFN- APO Group) In continuation of implementing the directives of H.E. President Abdel Fattah El-Sisi to localize the prosthetics and assistive devices industry and support mine victims in Matrouh Governorate, H.E. Dr. Rania Al-Mashat,...

ZAMMSA bought cholera drugs already in stock, blocked Egyptian supply – Report

ZAMMSA bought cholera drugs already in stock, blocked Egyptian supply – Report

A FORENSIC audit into suspected drug pilferage has revealed that ZAMMSA ‘unnecessarily’ procured K16.5 million worth of IV fluids, the majority of which were short-dated, from three suppliers during the 2024 cholera outbreak, despite having IV...

China’s Kiping Solar Technology Plans Industrial Project in Egypt’s SCZone

China’s Kiping Solar Technology Plans Industrial Project in Egypt’s SCZone

Fri 18 Jul 2025 | 07:14 AM Kiping Solar Technology, a leading Chinese manufacturer of solar glass panels, is preparing to launch a major industrial project in Egypt’s Suez Canal Economic Zone (SCZone), in a move that could significantly boost the...

111 Million People, Yet AI Still Can't Break Through in Egypt

111 Million People, Yet AI Still Can't Break Through in Egypt

In our previous article (How China's AI is Powering Egypt's Digital Engine), we explored why Egypt—with its 111 million people, geostrategic position, and increasingly open policies—seems like a natural destination for Chinese AI expansion. But...

Three scenarios for Nile water flowing to Egypt soon amid Ethiopian Dam operations: Water expert

Three scenarios for Nile water flowing to Egypt soon amid Ethiopian Dam operations: Water expert

Cairo University Geology and Water Resources Professor Abbas Sharaqi stated that there are three possibilities for Nile water to begin flowing towards Sudan and Egypt soon, following Ethiopia’s closure of the Grand Ethiopian Renaissance Dam’s...

Moroccan exporters reroute potato and onion trade to Egypt to bypass Mauritanian tariffs

Moroccan exporters reroute potato and onion trade to Egypt to bypass Mauritanian tariffs

HESPRESS English – Morocco News Hespress ENThursday 17 July 2025 - 21:01 A growing number of Moroccan exporters are channeling shipments of potatoes and onions through Egypt to reach Mauritania, avoiding what they describe as prohibitive customs...

Egypt moves to block ‘tent city’ project in Gaza following presidential directive

Egypt moves to block ‘tent city’ project in Gaza following presidential directive

Egyptian President Abdel Fattah El-Sisi has instructed Foreign Minister Badr Abdelatty to launch intensive diplomatic talks with international and regional officials in an effort to de-escalate tensions in the region. According to a statement from...

Egyptian man executed for brutal stabbing of Saudi professor in Dhahran

Egyptian man executed for brutal stabbing of Saudi professor in Dhahran

Saudi Gazette report RIYADH — Saudi Arabia on Thursday carried out the execution of an Egyptian national convicted of the premeditated murder of a Saudi academic in Dhahran, the Ministry of Interior announced. The ministry confirmed that Mahmoud...

Egypt: IMF expects limited EGP/USD fluctuation, closed official-parallel markets gap

Egypt: IMF expects limited EGP/USD fluctuation, closed official-parallel markets gap

Arab Finance: The Egyptian pound (EGP) to US dollar rate is expected to fluctuate within a limited range, with gaps between the official and parallel markets to remain closed, the International Monetary Fund (IMF) indicated in its latest report....

Egypt settles $1bln in arrears to IOCs: Madbouly

Egypt settles $1bln in arrears to IOCs: Madbouly

Arab Finance: The Egyptian government has paid more than $1 billion of its debts to international oil companies (IOCs) operating in the country, Prime Minister Mostafa Madbouly announced. Madbouly added that the state plans to settle an additional...

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