Egypt Today

Egyptian duo Zakaria and Moataz reach finals of Bermuda open squash championship

Sat, 03 May 2025 - 10:44 GMT

Egyptian squash stars Mohamed Zakaria and Hana Moataz have advanced to the final round of the Bermuda Open Squash Championship, currently taking place in Devonshire, England, from April 29 to May 3. The tournament offers a total prize pool of $25,000.

FRA approves LE 5.8bn in Islamic sukuk, pushing market total to LE 25.7bn

Mon, 28 Apr 2025 - 01:46 GMT

Both offerings will be conducted through private placements, targeting financial institutions and high-net-worth investors.

Al Ahly Appoints Mohamed Youssef as Sporting Director and Emad El-Nahhas as Interim Head Coach

Mon, 28 Apr 2025 - 07:11 GMT

The club expressed its gratitude to Swiss coach Marcel Koller, the former head coach of the first team, for his tremendous efforts since taking over. With his expertise and collaboration with the club's system, he helped achieve many domestic and continental titles.

Egypt U-20 Edge South Africa with Crucial Win in AFCON 2025 Opener

Mon, 28 Apr 2025 - 07:05 GMT

Nabih fielded a starting lineup featuring Abdel Monem Tamer, Mohamed Hussein, Ahmed Abdeen, Abdallah Bostanji, Ahmed Kabaka, Moamen Sherif, Mohab Abdallah, Ahmed Bayoumi, Mohamed El-Sayed, Omar Hassan, and Mohamed Zallouk.

Al Ahly and Pyramids FC Eye Historic All-Egyptian CAF Champions League Final Tonight in Cairo

Fri, 25 Apr 2025 - 01:10 GMT

A monumental night awaits Egyptian football as both Al Ahly and Pyramids FC look to secure their spots in the CAF Champions League final, with dreams of an all-Egyptian showdown hanging in the balance.

Egypt’s foreign trade volume remains strong in Q1 FY2024 despite global trade uncertainties

Tue, 22 Apr 2025 - 12:49 GMT

Trade with countries outside of the top 14 amounted to $10.21 billion—$7.22 billion in imports and $3.00 billion in exports

Egypt Selected to Host Inaugural IFAF African Flag Football Championships

Wed, 16 Apr 2025 - 01:10 GMT

Teams From Across Africa Will Feature in First-Ever IFAF Continental Championships in Region from June 20-21 NFL Africa to Host Football Development Events in Egypt Alongside IFAF Championships

Afreximbank to Channel $2 Billion into Egypt’s Economy in 2025

Wed, 16 Apr 2025 - 12:44 GMT

Announced during the FOCUS Africa Investment and Trade Forum in Cairo, the plan was outlined by Ayman El-Zoghbi, who leads Intra-African Trade, Investment, and Corporate Finance at the bank

6.5-Meter mirror telescope to boost Egypt's astronomical observation capabilities

Tue, 15 Apr 2025 - 09:18 GMT

Egypt is racing against time to complete the construction of its new astronomical observatory, poised to be the largest in the Middle East and a replacement for the Kottamia Astronomical Observatory.

Global tariff tensions impact Egypt’s currency and stock exchange

Mon, 07 Apr 2025 - 12:40 GMT

By the end of the trading session, the dollar closed at LE 51.0564 for buying and LE 51.1944 for selling, up from LE 50.5296 and LE 50.6669 at the close of the previous week

EGX firmly in the green, driven by Egyptian buying

Sun, 23 Mar 2025 - 12:56 GMT

Benchmark index EGX 30 rose by 0.81 percent to 31,993.76 points, while the Shariah index inched upwards by 0.09 percent to end the session with 3,371.64 points.

IMF highlights Egypt’s economic recovery as it approves largest tranche of its $8B program

Wed, 12 Mar 2025 - 11:56 GMT

This follows a statement from the IMF's Executive Board, which acknowledged Egypt’s progress in stabilizing its economy despite ongoing external challenges.

Al Ahly withdraws from derby, Zamalek shows up but match called off

Wed, 12 Mar 2025 - 08:56 GMT

The Cairo derby took an unexpected turn as Al Ahly officially withdrew from the match yesterday, following its previous warnings about "refereeing violations" in recent games. Despite the withdrawal, Zamalek arrived at the stadium as scheduled, ready to play, but Al Ahly did not show up, leading to the match’s cancellation.

Bourse trading closes in the green zone on Sunday

Sun, 09 Mar 2025 - 02:19 GMT

Sunday trading saw over 1.389 billion shares exchanged with a turnover of LE 5.806 billion.

Talabat acquires Instashop as it looks to expand network

Thu, 06 Mar 2025 - 11:11 GMT

As part of the acquisition, Instashop will become a fully-owned subsidiary of Talabat, enhancing the company’s network of grocery and retail partners across the MENA region.

Chinese companies look to Egypt to support exports as US-China tariffs continue to rise

Wed, 05 Mar 2025 - 01:30 GMT

Mostafa Ibrahim, Deputy Chairman of the China Committee at the Egyptian Businessmen’s Association, forecasts that Chinese investments in Egypt will reach between $2 and $3 billion by 2025.

Ministry of Industry to open bids for industrial land plots on March 1-7

Mon, 24 Feb 2025 - 01:03 GMT

This offering introduces significant improvements to better serve investors, including the launch of the second phase of the platform.

EGX trading sees Tuesday’s session closing firmly in the green

Tue, 18 Feb 2025 - 03:25 GMT

Market capitalization was recorded at LE 2.253 trillion.

Bourse trading closes in the green on Sunday, buoyed by Arab buying

Sun, 16 Feb 2025 - 04:00 GMT

Sunday trading saw 1.772 billion shares exchanged with a turnover of LE 3.43 billion.

Qatari Finance Minister highlights Egypt as prime candidate for investments among emerging economies

Sun, 16 Feb 2025 - 11:41 GMT

Al Kuwari emphasized the considerable opportunities available in emerging markets, both on a global scale and within the region.

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