Egypt

Egypt’s latest devaluation rages on, converging on parallel rate

Egypt forged ahead with its latest currency devaluation after winning assurances on backing from the International Monetary Fund, with the…

2 months ago

Dior showcases fashion in shadow of Egypt’s pyramids

CAIRO – French fashion house Dior on Saturday held its first show at Egypt's ancient Giza pyramids, presenting its 2023…

4 months ago

China starts COP27 with call for climate aid to poorer nations

China’s top envoy for climate change called for more aid to developing nations as delegates from about 200 countries arrived…

5 months ago

Egypt’s Suez Canal to raise transit fees in 2023

CAIRO -- The Suez Canal's transit tolls will increase by 15 per cent for all types of vessels and 10…

6 months ago

Gaza crossing opens as truce holds between Israel, Islamic Jihad

RAFAH, Palestinian Territories – Fuel trucks entered Gaza as an Egypt-brokered truce between Israel and Islamic Jihad held Monday, raising…

8 months ago

Israel confirms Gaza ceasefire to take effect at 2030 GMT

JERUSALEM, Undefined – Israeli Prime Minister Yair Lapid's office confirmed that an Egypt-brokered ceasefire ending three days of conflict with Palestinian…

8 months ago

Suez Canal posts highest ever annual revenue of RM31b

CAIRO, Egypt – Egypt’s Suez Canal Authority announced Monday an all-time revenue record, earning US$7 billion (RM30.87 billion) during the…

9 months ago

Saudi Prince seals US$7.7b in Egypt deals at start of tour

Egypt and Saudi Arabia signed almost $8 billion in deals as the oil-rich kingdom’s crown prince began a Middle East…

9 months ago

Egypt risks first downgrade since 2013 as Moody’s turns negative

EGYPT risks having its credit rating downgraded for the first time in almost a decade after Moody’s Investors Service lowered…

10 months ago

MPOB expects CPO production to improve by 4.9%

by FAYYADH JAAFAR / pic by BLOOMBERG THE Malaysian Palm Oil Board (MPOB) anticipates crude palm oil (CPO) production to improve…

11 months ago

Malaysia to reactivate business with Egypt

Egypt is Malaysia’s largest trading partner in North Africa with a total trade value of RM3.8b in 2021, says Saifuddin…

1 year ago

Malaysia to leverage on rising CPO prices

by ASILA JALIL / pic by MUHD AMIN NAHARUL THE government will leverage on the escalating prices of crude palm…

1 year ago

Wily Egypt block Senegal’s path to first Cup of Nations title

By AFP Senegal once again stand on the brink of a first Africa Cup of Nations title but they must…

1 year ago