Egypt’s trade deficit widens to $4.9 B in December 2025
Egypt’s trade deficit reached $4.9 billion in December 2025, compared with $4.4 billion in the same month of 2024, marking an increase of 12.2 percent, according to the monthly foreign trade bulletin issued on Thursday by the Central Agency for Public Mobilization and Statistics (CAPMAS). The value of exports rose by 6.8 percent to $4.6 […]
El-Sisi calls for regular payments to oil companies to boost exploration
President Abdel Fattah El-Sisi stressed the need to ensure the timely settlement of financial obligations to international oil companies, noting that maintaining regular payments is essential to encourage further exploration and production activities. He also called for establishing a clear framework to enhance exploration, research, and development efforts in order to meet domestic energy demand […]
Egypt’s core inflation accelerates to 12.7% in February
Egypt’s core inflation recorded a stronger monthly increase in February 2026, according to data from the Central Bank of Egypt. The central bank said the monthly change in the core Consumer Price Index reached 3.0 percent in February 2026, compared with 1.6 percent in February 2025 and 1.2 percent in January 2026. On an annual […]
Egypt raises fuel prices ‘moderately’ on tenth day of US-Israeli war on Iran
Egypt’s Ministry of Petroleum and Mineral Resources announced an emergency adjustment to fuel prices on Tuesday, responding to the sharp rise in global energy costs triggered by the ongoing U.S.-Israeli conflict with Iran. With Brent crude recently surging toward the $120 per barrel mark amid threats to shipping in the Strait of Hormuz—a corridor for […]
Egypt steps up daily outreach to expats in Gulf, Jordan, Iraq amid regional escalation
As military tensions ripple across the region, Egypt’s Foreign Ministry says it has moved into round the clock mode to keep track of Egyptian communities in the Gulf, Jordan and Iraq, and to help citizens who have been stranded during the latest disruption. Foreign Minister Badr Abdelatty has been holding daily follow ups with the […]
New West Mena field to produce gas by end of 2026
The first gas output from the West Mena gas field in the Mediterranean is scheduled for the end of 2026, according to a Monday Cabinet statement. The Egyptian government is prioritizing support for the petroleum sector to mitigate the impact of regional conflict. A central focus of this strategy is to ensure consistent payment to […]
Egyptian Red Crescent dispatches 143rd humanitarian convoy to Gaza carrying 5,220 tons of aid
The Egyptian Red Crescent (ERC) launched its 143rd “Zad Al Izza… From Egypt to Gaza” convoy early Sunday, carrying more than 5,220 tons of comprehensive humanitarian assistance as part of its ongoing efforts to support the Palestinian people. As part of its campaign to provide iftar meals for one million fasting Palestinians in the […]
Sisi honors former defense minister, emphasizes national unity in Armed Forces Iftar
President Abdel Fattah al-Sisi, Supreme Commander of the Armed Forces, hosted an Iftar on Saturday for military leaders to honor former Defense Minister General Abdel Mageed Saqr. The ceremony included the screening of a documentary detailing Saqr’s career and achievements. General Ashraf Salem Zaher, Commander-in-Chief of the Armed Forces and Minister of Defense and Military […]
Egypt, Gulf allies coordinate on Gaza BoP meeting; Trump expected to unveil funding plan
Egypt, Saudi Arabia and the United Arab Emirates stepped up diplomatic coordination on Saturday ahead of this week’s high‑level meeting of the Gaza Board of Peace (BoP) in Washington. During the meeting of the board, scheduled for 19 February, US President Donald Trump is expected to outline a multi‑billion‑dollar reconstruction and stabilization plan for the […]
Egypt backs Sudan truce, rejects parallel entities in talks with UN envoy
Egypt’s foreign minister on Saturday reaffirmed support for a humanitarian truce in Sudan while rejecting any attempts to create parallel entities in the war-torn country. Minister of Foreign Affairs Badr Abdelatty made the remarks during talks on Saturday with Ramtane Lamamra, Personal Envoy of the United Nations Secretary-General for Sudan, on the sidelines of the African Union summit in Addis […]