Masress

Columbia University has named Egyptian-born Nemat Shafik as its president, becoming the first woman to lead the renowned U.S. educational in...

UK inflation fell back for the second consecutive month to reach 10.5 percent in December compared to10.7 percent in November, while food an...

The Japanese Yen fell 2.06 percent against U.S. dollar at 130.80 per dollar on Wednesday in the aftermath of January's Bank of Japan (BOJ) m...

Egypt aims to increase its visitor numbers by 25 percent and 30 percent annually as it targets 30 million tourists by 2028, Minister of Tour...

UAE's Etika Jewels becomes first and only jewellery retailer in the country to offer carbon free diamonds in a partnership with California-b...

The National Bank of Egypt (NBE) and Banque Misr plan to suspend the issuance of their 25 percent-yield certificates of deposit (CDs) before...

Egypt's third largest public state-lender, Banque du Caire (BdC) is launching new one-year certificates of deposits (CDs), carrying a 22.5 p...

The American business executive, Vince McMahon had sold World Wrestling Entertainment (WWE) to the Saudi Arabia Public Investment Fund (PIF)...

The Sovereign Fund of Egypt (TSFE) and Etisalat Egypt by e& have on Monday partnered together to launch a new company, Erada Microfinance th...

Italian energy giant Eni announced on Sunday a significant new gas discovery in the Eastern Mediterranean Sea, offshore Egypt.The Nargis-1...

U.S. bank JP Morgan reported strong results in the fourth quarter as it jumped 6 percent from the earlier period to $11.0 billion in net inc...

Minister of Finance Mohamed Maait has assured the business community in Egypt that the government has no intention to impose new taxes on ec...

The official price of the US dollar at the Central Bank of Egypt (CBE) jumped on Wednesday by EGP 2, to reach EGP 29.63 for purchase and EGP...

The authorities in Egypt plan to lengthen debt maturities to reduce rollover risks along with adopting debt reduction strategy, the Internat...

The International Monetary Fund (IMF) approved in December 2022, a 46-month arrangement under the Extended Fund Facility (EFF) for Egypt to...

Egypt is in top of the list amongst the warmest destinations to visit in winter 2023, the British newspaper The Sun highlighted in its repor...

The International Monetary Fund (IMF) has raised its estimate for the financial gap in Egypt from $16 billion to $17 billion, IMF Mission Ch...

Earth's protective ozone layer is recovering slowly but measurably and will have fully healed in about 43 years by 2066, a new United Nation...

Egypt's and Somalia have signed on Monday a MoU to enhance cooperation in the media field between the National Media Authority (Maspero) and...

U.S. Oil and energy company ExxonMobil announced on Tuesday it had secured exploration rights to two blocks offshore Egypt. The blocks, Masr...

The International Monetary Fund (IMF) is holding on Tuesday a virtual press conference to discuss its $3 billion financial assistance progra...

The Egyptian government issued on Monday 11 new decisions aimed at curbing state spending, including halting costly new projects, as the Egy...

The official price of the US dollar at the Central Bank of Egypt (CBE) increased by more than EGP 0.50, recording EGP 27.5538 for buying and...

Azimut Egypt is preparing to launch the first investment fund in precious metals, in cooperation with Evolve Investment Holding, next Februa...

United Nations Secretary-General António Guterres has appointed Egyptian Hanaa Singer Hamdy as the United Nations Resident Coordinator in Ne...