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The Latest Breaking News from Egypt

Jpmorgan Predicts 200 Bps Rate Hike In Egypt

JPMorgan predicts a 200 basis points rate hike in Egypt due to surging inflation, highlighting the urgency of addressing inflation concerns for economic st...

Top News

Maritime corridor to Gaza no substitute for aid delivery by land, UN says

Senior United Nations officials on Tuesday welcomed the opening of a maritime corridor from Cyprus to deliver additional aid to the Gaza Strip, but said it could not replace the delivery of humanitarian assistance by land. The ship taking almost 200 tonnes of food to Gaza left early Tuesday in…

France 24

Archaeologists find top half of giant Ramesses II statue, completing a century-long puzzle

Archaeologists in Egypt have discovered the upper half of a large statue depicting the famous pharaoh Ramesses II.

LiveScience

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Egypt's Cash Raise Signals Foreign Investor Comeback

Egypt's successful cash raise through bonds attracts foreign investors, signaling economic growth potential.

Top News

Netanyahu needs to do more on Gaza aid, says Biden

US President Joe Biden said Friday that Israeli Prime Minister Benjamin Netanyahu must allow more aid into Gaza, after he was caught on a hot mic saying he would confront the Israeli premier over the conflict. A planned sea corridor to take desperately needed aid from Cyprus to Palestinians in…

France 24

Foreign Investors Return To Egyptian T-Bill Auction After Devaluation

Foreign investors return to Egyptian Treasury bill auctions post currency devaluation, signaling confidence in the economy.

Top News

Hamas Delegation Leaves Egypt With No Breakthrough In Negotiations

Hamas delegation's departure from Egypt without progress on ceasefire and hostage release negotiations dampens hopes for a swift resolution in the Middle East.

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Egyptian Pound Stable After Devaluation, IMF Deal

Stable Egyptian pound post-devaluation and IMF agreement signals positive economic impact.

Top News

Israel’s blocking of aid creating ‘apocalyptic’ conditions in Gaza

New report shows Israel ‘consistently and groundlessly’ blocks aid operations for Gaza amid famine-like conditions.

Al Jazeera

Liverpool provided huge injury boost as Mohamed Salah returns to full training

The Egyptian forward has been out of action ever since he sustained a leg injury at the AFCON

FourFourTwo

Egyptian Devaluation Brings Price Pain For Struggling Citizens

Currency devaluation in Egypt leads to price hikes, impacting citizens, businesses, and tourism. Government implements measures to support economy amidst e...

Top News

Egypt strikes expanded $8bn deal with the IMF

The deal comes as the central bank said it would let the Egyptian pound trade freely.

Al Jazeera

Egypt Secures $5 Bn Additional Loan From IMF As Pound Plunges

Egypt secured an extra $5 billion in IMF loans on Wednesday, the two sides said, after the central bank hiked interest rates and allowed the pound to plunge by nearly 40 percent.

International Business Times

Egypt's Currency Hits Record Lows, Nears IMF Agreement

Egypt's economy strategically devalues its currency to secure IMF deal, aiming for stability and growth.

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Senator Menendez Faces New Criminal Charges In Bribery Scheme

Senator Bob Menendez and his wife face new criminal charges in an alleged bribery scheme involving Egypt and Qatar. The charges include obstruction of just...

Top News

Senator Bob Menendez Facing New Charges In Bribery Scheme

Democratic Senator Bob Menendez faces new obstruction of justice charges in bribery scheme involving Egypt and Qatar, posing serious legal and political co...

Top News

Egypt's Non-Oil Sector Impacted By Suez Canal Disruption

Learn about the impact of the Suez Canal blockage on Egypt's non-oil sector and the challenges faced by businesses post-disruption.

The Hindu

Archaeologists in Egypt unearth section of large Ramses II statue

A joint Egyptian-U.S. archaeological mission has uncovered the upper part of a huge statue of King Ramses II during excavations south of the Egyptian city of Minya, Egypt’s tourism and antiquities ministry said on Monday.

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StockNews.com

Harness Growth Potential With These 3 Gold Stocks

After hitting an all-time high in December last year, gold prices will continue to rise in 2024 due to surging geopolitical risks and the possibility of the Federal Reserve policy rate cuts. Hence, it could be ideal to buy robust gold stocks Barrick Gold (GOLD), Centamin (CELTF), and Centerra Gold…

Top News

U.S. Focuses On Humanitarian Aid In Gaza Conflict

U.S. delegation in Egypt for Gaza ceasefire talks, focusing on aid distribution and hostage release.

Evening Standard

Hopes of new temporary Gaza ceasefire deal with Cairo peace talks

Delegates in Egyptian capital for talks that Joe Biden hopes could bring a ceasefire but Israelis want list of hostages who are alive for talks to progress

WEKU

What does it take to flee Gaza? Thousands of dollars, paid to an Egyptian broker

Gaza's borders are tightly controlled and most Palestinians cannot escape the war. Those who can afford it are managing to cross into Egypt by paying thousands of dollars.

Top News

President Biden Urges Urgent Ceasefire In Gaza Crisis

President Biden engages with Egypt and Qatar leaders to address Gaza crisis and potential Israeli incursion into Lebanon. Administration emphasizes the cri...

LiveScience

How many ancient Egyptian pyramids are there?

How many ancient Egyptian pyramids are still standing, especially if you count smaller, private pyramids?

Top News

Egyptian Thriller 'Flight 404' Gains International Acclaim And Success.

'Flight 404,' an Egyptian thriller starring Mona Zaki, gains international acclaim as it captivates audiences in the MENA region and beyond.

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