Category: News

  Apache Corporation, in cooperation with the Egyptian General Petroleum Corporation (EGPC), has announced a new natural gas discovery in Egypt’s Western Desert following the drilling of the exploratory well named SKAL-1X in the South Kalabsha area, 50 kilometers south of Aswan.  The Ministry of Petroleum said in a statement…

Among Egypt’s premium schools, Uppingham Cairo has quickly emerged as one of the most distinctiveand ambitious educational projects introduced to the country in recent years. Founded as the first international campus of the historic Uppingham School in the United Kingdom, the school brings more than four centuries of British independent…

Egyptian authorities have removed a number of building violations and encroachments on agricultural and state-owned land during the Eid al-Fitr holiday, the Ministry of Local Development and Environment announced on Monday. Minister of Local Development and Environment Manal Awad said the enforcement campaigns were carried out across 21 governorates, with…

Annual urban headline inflation accelerated to 13.4% in February 2026, up from 11.9% in January, driven by a seasonal increase in both food and non-food prices. Annual food inflation rose to 4.6%, while non-food inflation climbed to 19.3%. Food inflation was primarily driven by higher poultry and fresh vegetable prices,…

Egypt has entered a new phase of offshore gas exploration with the arrival of the Valaris DS-12 in its territorial waters, marking the start of a drilling programme targeting four new wells in the Mediterranean Sea. The advanced drillship is set to begin operations with one production well and one…

Oil prices fell toward $88 per barrel and global liquefied natural gas exports sank to a six-month low on Monday after US President Donald Trump said Washington was engaged in productive talks with Iran and had ordered a five-day delay to any military strikes on Iranian power stations and energy…

Egypt has recovered state assets valued at EGP 1.2bn and generated an additional EGP 1.4bn in treasury revenues, Finance Minister Ahmed Kouchouk said on Monday, citing efforts led by the Asset Recovery and Seizure Management Authority. In a statement, Kouchouk said the government is working to unlock new investment opportunities…