The Latest Breaking News from Egypt

‘Egypt looked like a country from the Middle Ages. It looked like the desert,’ says Mohamed Diab

The Egyptian pound has slipped further against the dollar, after Egypt’s Central Bank raised its main interest rate and devalued the local currency by 14%

Egypt has called on all countries to cooperate on water challenges to achieve the sustainable development plan. Egypt suffers from a scarcity of water resources and needs about 114 billion cubic meters annually, while the available water resources amount to 74 billion cubic meters. The Nile water accounts for more…

The US State Department said it welcomed the trilateral summit on Tuesday between the leaders of Egypt, the United Arab Emirates and Israel, who met in Sharm el-Sheikh for talks on the economic impact of Russia's invasion of Ukraine and the growing influence of Iran in the region. State Department…

With the rise of inflation rates all over the world, the value of the foreign exchange reserves were affected in many countries, putting down the economies of emerging states, which mostly depend on imports to cover their daily consumption needs. Given the economic developments in many emerging countries, including Egypt,…

In their first tripartite meeting, Egyptian President Abdel Fattah al-Sisi received Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed Al Nahyan and Israeli Prime Minister Naftali Bennett in Sharm El-Sheikh on Tuesday. The talks addressed the repercussions of global developments, especially concerning energy, market stability, and food security. Media and…

Egypt and the UK coordinated on Tuesday to exchange security expertise in their fight against terrorism during a seminar organized by the Armed Forces in Cairo. Military officials and academics from both countries attended the Egyptian-British Seminar for Counterterrorism 2022, which is held as part of joint efforts between both…

Egypt says it will increase transit fees for vessels, including oil-laden tankers, passing through Suez Canal

The U.S. State Department said it welcomed the trilateral summit on Tuesday between the leaders of Egypt, Israel and the United Arab Emirates, who met in Sharm el-Sheikh for talks on the economic impact of Russia's invasion of Ukraine and the growing influence of Iran in the region.

City Edge Development on behalf of the New Urban Communities Authority (NUCA) has selected Hill International Inc (NYSE: HIL) to provide construction management services for its flagship mixed-use project in the New Alamein City, North Coast, Egypt. Financial terms were not disclosed.

Egypt's Suez Canal Authority said on Tuesday it will temporarily increase a surcharge levied on laden crude oil tankers and petroleum products tankers transiting the canal in both directions to 15% of normal dues from 5%, effective May 1. It said that ballast crude oil tankers and petroleum products tankers…