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Egypt to allocate $2.66bn for bread subsidies in new budget
DUBAI: Egypt will allocate more than 125 billion Egyptian pounds ($2.66 billion) for bread subsidies in its 2024/2025 state budget and more than 147 billion pounds in petroleum products subsidies, the ...


Egypt seeks border security support from US amid Gaza negotiations
Cairo wants help through funding and equipment if an Israeli operation into Rafah sends Gazans fleeing to its border.


After pushing its economy to the brink, Egypt gets a bail-out
This was not just a property deal, though: the deluge of investment also bailed out a country on the brink of economic crisis after a decade of debt-fuelled spending. Two months ago, Abdel-Fattah ...


Israel bombards southern Gaza as Egypt says campaign to make Gaza 'uninhabitable' must stop - as it happened
The southern Gaza Strip came under intense Israeli bombardment overnight, despite international pressure for an immediate ceasefire in the Palestinian territory where famine is looming.


Egypt raises wide range of fuel prices, official gazette says
Egypt raised prices on a wide range of fuel products on Friday, the official gazette said, pressing ahead with a promise it made to the International Monetary Fund (IMF) more than a year ago as part ...


Thousands pack narrow alleys in Cairo for Egypt's mega-Iftar
For a decade, one Cairo neighborhood has drawn thousands to gather around Egypt's longest Ramadan Iftar table. This year was the biggest ever.


Egypt secures $66 million funding for expansion of wastewater treatment plant
Egypt has successfully secured €61.5 million ($66.64 million) to advance the third phase of the Al Gabal Al Asfar wastewater treatment plant, according to a local Egyptian newspaper report. . Egypt ...


Seeing the point of the pyramids in Giza, Egypt
Adding to the exotic atmosphere are the shifting shades of light on the pyramids’ facades, sparked by the sun gliding in and out of the clouds as Cairo’s built-up skyline looms hazily in the distance.


Qatari aircraft carrying assistance for Palestinians in Gaza arrives in Egypt's El Arish
A Qatar Armed Forces aircraft arrived in the city of El Arish in the sisterly Arab Republic of Egypt, carrying 57 tons of aid, including food supplies provided by the ...


Egypt
Egypt's economic crisis has pushed many Egyptians to cross to EuropeImage caption: Egypt's economic crisis has pushed many Egyptians to cross to Europe The European Union and Egypt have signed a ...


Egypt aims to significantly boost natural gas imports from Israel to increase exports
An official government source revealed to Al-Sharq newspaper that Egypt has agreed to significantly raise its intake of natural gas imported from Isr ...


Carry Trade Roars Back in Egypt as Yield Hunters Pounce on Bonds
Investors enticed by high yields and a cheaper currency are piling into Egypt’s local bonds at a record pace after a policy turn earlier this month unlocked tens of billions of dollars in financial ...