Egypt: Successful Drilling of New Exploratory Well

Egypt's Ministry of Petroleum and Mineral Resources announced that Al-Wastani Petroleum has successfully drilled the "North Al-Basent" exploratory well. This marks a significant step for the country's oil and gas sector.

Egypt's Ministry of Petroleum and Mineral Resources announced that Al-Wastani Petroleum Company has successfully completed drilling operations for the exploratory well "North Al-Basent".

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2025-12-09T19:21:00+00:00

Egypt in talks with Chinese textile company

The General Authority for Investment in Egypt is holding talks with «Foundation Limited», one of the largest Chinese companies specializing in the textile industry.

Economy Country

2025-12-08T22:35:34+00:00

Egypt Denies Visa Fee Increase Rumors

Egypt's Tourism Ministry denies reports of a visa fee hike from $25 to $45, clarifying only a maximum fee has been set. Authorities urge verifying news with official sources.

Economy Politics Country

2025-12-08T19:22:33+00:00

US Dollar to Egyptian Pound Rate on December 8, 2025

According to the latest updates from government and private banks, the US dollar remains stable against the Egyptian pound on Monday, December 8, 2025.

Economy Country

2025-12-08T19:19:56+00:00

EGF Holding Group Announces New Financial Project in Egypt

EGF Holding Group, the financial institution that owns a universal bank in Egypt and an investment bank in the region, has announced the launch of a new project. This event marks a significant step in the development of the country's financial sector and the attraction of foreign investment. The project is expected to have a positive impact on Egypt's economy and strengthen the group's position in the market.