TrendingSeveral dead in US strikes on Yemen and submarine sinks off Egypt

US strikes on Yemeni capital Sanaa have killed two people and injured two others. A tourist submarine has sunk off the coast of Egypt Red Sea city of Hurghada. A notorious Kurdish gangster has fled Turkey to avoid extradition on drug-trafficking charges he …

Submersible vehicle with 45 tourists sinks off Hurghada, Egypt, 6 killed

Hot Weather Hits Egypt on Friday, Cairo 33°C

Fri 28 Mar 2025 | 09:00 AM The Egyptian Meteorological Authority (EMA) predicts hot weather to prevail across the country during Friday's daylight hours. Dusty winds will be active across the country. There is also a chance of light rain, sometimes …

IMF Expects Egypt's Economy to Grow by 4.1% in FY2025/26

Fri 28 Mar 2025 | 04:04 AM The International Monetary Fund HQ (IMF) IMF's Communications Department Director Julie Kozack said that the IMF's forecasts for the Egyptian economy for the next fiscal year 2025/26 indicate a growth rate of 4.1%, …

Egypt: Gold prices in Egypt fall on Thursday

Arab Finance: Gold prices in Egypt collectively fell on Thursday, with the 24-karat recording EGP 4,920 per gram for buying and EGP 4,942.75 for selling, iSagha’s data showed. The 22-karat gold price dropped to EGP 4,510 for purchasing and EGP 4,531 per …

Egypt hosts 2nd edition of Freelancers Forum to boost digital economy

Arab Finance: Egyptian Minister of Communications and Information Technology (MCIT) Amr Talaat and Minister of Finance Ahmed Kouchouk attended the second edition of the Freelancers forum, according to a statement. The annual forum opens channels of …

Egypt awarded U20 AFCON hosting rights after Ivory Coast’s withdrawal

The Confederation of African Football (CAF) on Thursday awarded the Egyptian Football Association (EFA) and the Egyptian Government the rights to host the Under-20 Africa Cup of Nations 2025 after Ivory Coast withdrew as host nation. The opening match of …

6 Dead, 39 Rescued after Tourist Submarine Sinks off Egypt's Coast

Fri 28 Mar 2025 | 05:42 AM Amr Hanafi, Governor of the Red Sea visited the victims of the submarine, which sank, Thursday.  The submarine was carrying 45 tourists, in addition to the Egyptian crew, resulting in deaths and injuries of various nationalities. …

Egypt: EGX sees bull trend on Thursday

Arab Finance: The Egyptian Exchange (EGX) ended Thursday’s trading session in the green zone, with the EGX30 index up by 0.89% to 32,026.14 points. Likewise, the Sharia-compliant index, EGX33 Shariah index, rose by 0.58% to 3,328.47 points. Both the EGX100 …

Enppi expands regional reach with 10 major projects outside Egypt in 2024

Arab Finance: The Engineering for the Petroleum and Process Industries (Enppi) implemented major projects in 2024, 10 of which were outside of Egypt in Saudi Arabia, the UAE, and Jordan, Chairman Wael Lotfy said. Local projects included the expansions at …