Egypt and Jordan Sign Electricity Exchange Contract

Egypt and Jordan have signed a new contract for electricity exchange for the year 2026. This is part of the plans for electrical interconnection between the two countries. The contract provides for the exchange of electricity to enhance energy security and cooperation in the region.

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2026-01-27T13:13:12+00:00

US Dollar Suffers Sharp Loss Against Egyptian Pound

On Monday, the US dollar recorded significant and unexpected losses against the Egyptian pound in the foreign exchange market. This decline followed a period of short-lived and minor dollar gains. Analysts link this shift to new economic indicators that contributed to the strengthening of Egypt's national currency.

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2026-01-25T13:08:48+00:00

Egypt and China Sign Agreement on Battery Cell Production

The Egyptian Cabinet's Media Center announced the signing of a strategic agreement between Egypt and China to localize the production of energy storage battery cells. This step aims to strengthen economic ties and develop the high-tech sector.

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2026-01-25T10:21:17+00:00

Egypt Cancels Customs Exemptions for Imported Phones

Head of Egyptian Customs confirms the cancellation of exemptions on imported phones, explaining it's a temporary measure to protect local industry and regulate the market, aimed at Egyptians abroad.

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2026-01-24T23:58:15+00:00

Growing Demand for Old Phones in Egypt for Gold Extraction

In Egypt, there is a growing demand for old and damaged mobile phones to extract gold from their components. Traders report rising prices for boards from broken devices, linking this to the rising cost of gold and the development of new recycling technologies. Chinese scientists have developed an innovative method that could change the industry.

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