Egypt raises train and metro fares in latest pricing adjustment

Egypt’s Ministry of Transport has announced an increase in railway ticket prices alongside adjustments to some Cairo Metro fares, as part of ongoing efforts to restructure public transport pricing. According to a ministry statement, ticket prices for long-distance trains have risen by 12.5%, while short-distance routes have seen a steeper…

Egypt moves to double currency swap with China amid regional war fallout

As military tensions continue to reshape the Middle East, Egypt is moving to solidify its financial defenses through deeper strategic cooperation with Beijing. In a high-level diplomatic call on Thursday, Egyptian Foreign Minister Badr Abdelatty and his Chinese counterpart, Wang Yi, discussed an urgent expansion of economic ties to mitigate the global fallout of the…