AU, Afreximbank to facilitate trade with intra-African trade fair

  The African Export-Import Bank (Afreximbank) on Friday disclosed it has signed a hosting agreement with…

S’Arabia to supply Egypt crude for 6 months- Minister

Saudi Aramco, the world’s largest oil producer, has agreed to supply Egyptian refineries with crude oil…

BP to invest $1bn in Egypt this year, says CEO

BP is looking to invest over $1 billion in Egypt this year, making the country once…

East Mediterranean key to diversifying Europe’s gas imports, says ENI

Gas projects in east Mediterranean countries such as Egypt, Cyprus and Israel will be key to…

Russia, Egypt still in talks over resumption date for Russian flights – TASS

Russian Deputy Prime Minister, Arkady Dvorkovich, said on Friday that Russia and Egypt were still in…

Egypt scraps forex restrictions for importers

By Jite Eriabie  Egypt’s central bank removed caps on deposits and withdrawals of foreign currency for…

Egypt scraps forex restrictions for importers

Egypt’s central bank removed caps on deposits and withdrawals of foreign currency for importers on Tuesday,…

Egypt, IMF reach agreement on $2 bln loan instalment – IMF statement

Egypt has reached a staff-level agreement with the International Monetary Fund (IMF) for an instalment of…

Egypt seizes North Korean ship illegally flying Cambodian flag

By Jite Eriabie  A North Korean ship, identified as Jie Shun, which was flying the Cambodian…

Qatar imports rebound in August, suggesting sanctions impact fading

The value of Qatar’s imports rebounded sharply in August from July, government data showed on Wednesday,…

Libya recovers bodies of 16 migrants near Egypt 

By Jite Eriabie  Libyan security forces said on Tuesday that the bodies of 16 migrants had been found…

Bodies of 16 migrants found in Libya’s eastern desert – official

Libyan security forces said on Tuesday that the bodies of 16 migrants had been found in…