Egypt expands power grid as electricity losses reach 4.6bn kWh

Egypt is coordinating with Russian partners to accelerate the execution timelines of the El Dabaa Nuclear Power Plant as part of a broader strategy to secure sustainable energy, Minister of Electricity and Renewable Energy Mahmoud Esmat said on Sunday. The nuclear project is a primary pillar of Egypt’s Vision 2030,…

Planning Minister highlights Egypt’s Narrative for Comprehensive Development at Cairo Book Fair

Cairo International Book Fair 2026 hosted Rania Al-Mashat, Minister of Planning, Economic Development and International Cooperation, in a seminar organized by the NAWA Foundation, discussing “Egypt’s Narrative for Comprehensive Development: Reforms for Growth, Jobs and Resilience.” The seminar, moderated by Abdel Moneim Said, brought together economists, university professors, and visitors…

Local Gold prices jumped by EGP 995 in January

Gold prices in the local market recorded strong gains in January, jumping by around EGP 995, despite steep declines observed in the final days of the month, according to a report issued by online gold and jewellery trading platform iSagha. Saied Embaby, Chief Executive of iSagha, stated that the price…

CBE to launch $950m T-bill tenders on Monday

The Central Bank of Egypt (CBE) is set to offer a local treasury bill tender denominated in US dollars on Monday, valued at $950m. The proceeds of the tender will be used to repay the maturity of a previous tender launched on 4 February 2025, under which bids worth $1.061bn were…

Egypt’s chemical, fertilizers exports exceed $9.4bn in 2025, up 7.4%

Egypt’s exports of chemical products and fertilizers recorded strong growth in 2025, surpassing $9.4bn, according to official data released by the Export Council for Chemical Industries and Fertilizers. The council reported that total exports of the sector reached approximately $9.43bn from January to December 2025, compared to $8.78bn in 2024,…