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European Commission approves €1 billion for Egypt
2024/12/20

European Commission approves €1 billion for Egypt

Dr. Rania Al-Mashat, Minister of Planning, Economic Development and International Cooperation, announced today, Friday, the European Commission’s approval to disburse financing to Egypt worth one...

Gulf oil prices surge amid ME supply shortages
2024/12/18

Gulf oil prices surge amid ME supply shortages

Middle Eastern oil markets are witnessing a decline in supply amid the UAE's intention to reduce its crude oil sales and the stumbling of Iranian...

Egypt, US agree to boost agricultural trade, support small farmers
2024/12/17

Egypt, US agree to boost agricultural trade, support small farmers

Minister of Agriculture and Land Reclamation, Alaa Farouk, and US Ambassador to Cairo, Hiro Moustafa Garg, met to explore avenues for enhanced cooperation. The meeting...

ElMashat: Egypt, Japan foster private sector partnerships
2024/12/17

ElMashat: Egypt, Japan foster private sector partnerships

During the initial phase of her visit to Tokyo, Dr. Rania Al-Mashat, Minister of Planning, Economic Development and International Cooperation, participated in a high-level event...

Canada considering export taxes on uranium, oil to the U.S.
2024/12/15

Canada considering export taxes on uranium, oil to the U.S.

Canada is considering imposing export taxes on key goods it exports to the United States, including uranium, oil, and potash, if U.S. President-elect Donald Trump...

BMW asserts ability to meet climate goals for new models
2024/12/10

BMW asserts ability to meet climate goals for new models

The CEO of BMW, Oliver Zipse, has expressed confidence that the company will achieve the European Union's 2025 climate targets for new car emissions. In...

El-Sherbiny monitors progress on Ahl Masr Promenade, Imbaba Airport
2024/12/09

El-Sherbiny monitors progress on Ahl Masr Promenade, Imbaba Airport

Engineer Sherif El-Sherbiny, Minister of Housing, Utilities, and Urban Communities, convened a meeting, Sunday evening, to review the operational status of the Ahl Masr Promenade...

EGAS, New Fortress Energy sign agreement for FSRU lease
2024/12/08

EGAS, New Fortress Energy sign agreement for FSRU lease

The Egyptian Natural Gas Holding Company (EGAS) has signed an agreement with New Fortress Energy to lease a Floating Storage and Regasification Unit (FSRU). This...