Day: June 12, 2025

A new report from Egypt’s Central Agency for Public Mobilization and Statistics (CAPMAS) reveals a significant increase in Egypt’s trade with the BRICS bloc. Egyptian exports to BRICS nations rose by 31.5%, from $688 million to $905 million, in the period from January to December 2024, following Egypt’s official admission…

Gold prices rose on Wednesday as investors weighed lingering uncertainty surrounding US-China trade relations and a recent court ruling that upheld Trump-era tariffs, bolstering demand for the precious metal as a safe-haven asset. Markets are now firmly focused on upcoming US inflation data for further insight into the Federal Reserve’s…

Alaa Farouk, Minister of Agriculture and Land Reclamation, held a strategic meeting with a ministerial committee to explore ways of enhancing cooperation with African countries in the agricultural sector. The session included Sherif El-Gabaly, Chair of the African affairs committee in the House of Representatives; Hesham El-Hosary, Chair of the…

Minister of Electricity and Renewable Energy Mahmoud Esmat has conducted a field visit to XD-EGEMAC High Voltage Electrical Equipment Company in the Northwest Gulf of Suez region, as part of ongoing efforts to support local industry, localise advanced technologies, increase the share of locally produced components, and expand domestic manufacturing…

Egyptian Prime Minister Mostafa Madbouly chaired a meeting of the government offerings committee on Tuesday evening to review the implementation of the state’s privatisation programme. At the start of the meeting, the prime minister noted that it was part of a series of regular meetings to follow up on the…

Egypt’s Deputy Minister of Agriculture and Land Reclamation, Mostafa El-Sayad, held separate meetings with his Dutch and Saudi counterparts in Amsterdam to discuss strengthening agricultural cooperation, the ministry said in a statement. During his meeting with Jan-Kees Goet, the Dutch Deputy Minister of Agriculture, El-Sayad discussed cooperation in water management…