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Global silver prices rise; Egypt local rates steady

Silver prices varied on Wednesday, as the international ounce price increased to $76.99 for purchasing and $75.6 for selling, as Dahab Masr’s data showed by 3:34 pm.

Updated 2/18/2026 3:37:00 PM
Silver prices maintain stability on Monday

Silver prices declined on Monday, with the international ounce price at $77.19 for buying and $76.76 for selling, Dahab Masr’s data showed by 3:31 pm.

Updated 2/16/2026 3:40:00 PM
IFC unveils 5 projects to support MSMEs, climate finance in Egypt, Africa

The International Finance Corporation (IFC) has announced five new projects to support small- and medium-sized business development and job creation in Egypt and other parts of Africa, focusing on climate finance, healthcare, and food security.

Updated 2/16/2026 10:42:00 AM
Egypt rolls out EGP 40.3B social protection package ahead of Ramadan

Egypt’s Minister of Finance Ahmed Kouchouk announced the implementation of a new social protection package worth EGP 40.3 billion, to be rolled out ahead of Ramadan in line with directives from President Abdel Fattah El-Sisi.

Updated 2/15/2026 2:28:00 PM
Bosta, Mastercard collaborate to support SMEs, boost e-commerce

Logistics technology company Bosta has signed a strategic collaboration with global payments technology company Mastercard to support small and medium-sized enterprises (SMEs) and drive e-commerce growth in Egypt.

Updated 2/10/2026 12:04:00 PM
Haya Karima wins Dubai International Award for Sustainable Development at World Government Summit

Egypt’s national rural development initiative Haya Kaima, also known as Decent Life, won the Dubai International Award for Best Practices in Sustainable Development in Urban Infrastructure Planning and Management on the sidelines of the World Government Summit 2026, held in Dubai from February 3rd to 5th.

Updated 2/5/2026 1:12:00 PM
Parliament approves 4 development grants with EU, AfDB, South Korea, Japan

The House of Representatives has approved four grant agreements covering a range of development sectors, as part of Egypt’s partnerships with multilateral and bilateral development partners.

Updated 2/5/2026 5:09:00 AM
El-Khatib outlines reform agenda to Moody’s as Egypt eyes 6-7% economic growth

Egypt is targeting sustainable annual economic growth of between 6% and 7%, driven primarily by increased investment and foreign direct investment, Minister of Investment and Foreign Trade Hassan El-Khatib said during a meeting with a delegation from Moody’s Investors Service to review the country’s economic and institutional reform agenda.

Updated 2/3/2026 3:12:00 PM
Egypt non-oil private sector eases in January as PMI edges below 50

Business activity across Egypt’s non-oil private sector continued to expand at the start of the year, extending the current growth sequence seen since late 2020, although overall operating conditions weakened slightly as demand slowed.

Updated 2/3/2026 8:22:00 AM
Egypt eyes Turkish textile investments at denim exhibition

Minister of Investment and Foreign Trade Hassan El-Khatib participated in a roundtable meeting with representatives of Turkish denim and textile companies to reinforce investment opportunities in Egypt.

Updated 1/20/2026 8:09:00 AM
Arab API lays foundation stone for $165M pharmaceutical project in SCZONE

Arab API has officially laid the foundation stone for its flagship pharmaceutical raw materials plant in the Sokhna Industrial Zone, with an investment totaling $165 million (EGP 7.7 billion).

Updated 1/18/2026 6:53:00 AM
Badawi explores cooperation with global mining companies

Minister of Petroleum and Mineral Resources Karim Badawi held a series of meetings with global mining companies in Canada, Australia, Poland, and the US.

Updated 1/15/2026 9:30:00 AM
Egypt, World Bank discuss strengthening cooperation in mining sector

Minister of Petroleum and Mineral Resources Karim Badawi discussed ways to enhance cooperation with the World Bank in the mining sector, according to a statement.

Updated 1/15/2026 8:21:00 AM
Egypt, Qatar sign MoU to boost LNG, energy cooperation

Egypt and Qatar penned a memorandum of understanding (MoU) to diversify natural gas supply sources and boost gas shipments

Updated 1/4/2026 2:43:00 PM
Egypt’s petroleum sector wraps up 2025 with stabilized production, new discoveries,

The Ministry of Petroleum and Mineral Resources outlined what it described as its most significant achievements in the oil, gas, and mineral resources sector, as part of the implementation of its strategic work program, with a particular focus on boosting exploration and domestic production to meet local demand.

Updated 12/31/2025 8:18:00 AM
Egypt, Sudan agree on executive measures to boost bilateral trade

Egypt and Sudan agreed on a broad package of executive measures to deepen economic integration and increase bilateral trade.

Updated 12/29/2025 12:17:00 PM
Egypt, Japan pen EGP 1B grant to build 1st diving support vessel for SCA

Egypt and Japan have signed an executive agreement for a Japan International Cooperation Agency (JICA) grant worth $22 million to finance the construction and supply of the first diving support vessel for the Suez Canal Authority’s (SCA) fleet

Updated 12/28/2025 3:20:00 PM
IMF reaches staff-level agreement on Egypt’s 5th, 6th reviews under EFF

The International Monetary Fund (IMF) has reached a staff-level agreement with Egypt on the fifth and sixth reviews under the Extended Fund Facility (EEF) and the first review under the Resilience and Sustainability Facility (RSF).

Updated 12/23/2025 7:54:00 AM
Egypt, South Korea discuss economic partnership agreement, trade cooperation

Minister of Investment and Foreign Trade Hassan El-Khatib held a virtual meeting with Minister of Trade, Industry, and Energy of South Korea Yeo Han-koo to discuss trade and investment relations and ongoing economic cooperation between the two countries.

Updated 12/22/2025 2:30:00 PM
Madbouly witnesses signing of settlement agreement with South Valley Cement

Prime Minister Mostafa Madbouly today witnessed the signing of a settlement agreement between several government entities and South Valley Cement Company.

Updated 12/10/2025 1:08:00 PM