Invest Smart: Top 5 Dubai Picks for Egyptians
Dubai's real estate market, a whirlwind of revitalization in recent years, beckons investors with its irresistible blend of economic prosperity, welcoming policies, and an undeniably luxurious lifestyle. For Egyptian investors,…
Banking sector contributes EGP 2bn to CSR projects in 2023: CBE
The Central Bank of Egypt (CBE) announced that the banking sector allocated nearly EGP 2bn to support social and developmental projects in 2023, as part of its corporate social responsibility…
Prime Minister inaugurates International Health Tourism Conference in Administrative Capital
The International Health Tourism Conference kicked off on Saturday under the patronage of Prime Minister Mostafa Madbouly, with the slogan “The echo of the past is renewed today.” The two-day…
CBE sets new rules for funding financial leasing companies
Banks must limit their credit facilities, investments in securitisation portfolios of companies to 5% of their total loan portfolio
Golden Coast hires Standard & Poor’s for green sukuk rating
Golden Coast for Hotels, Touristic Villages, and Entertainment Company, a subsidiary of Golden Pyramids Plaza, has hired Standard & Poor’s (S&P) to assess its creditworthiness for a planned green sukuk…
Hunger grips Gaza as Israeli attacks continue with US support
The Gaza Ministry of Health reported that the death toll from the Israeli assault on the Strip had reached 30,320, with 71,533 wounded. It added that some victims remained trapped…
Opinion| Will Netanyahu’s invasion of Rafah end his government and Israel’s peace?
The Middle East has been like a complex puzzle for nearly 40 years, but it is now on the brink of falling apart, or at least rearranging its pieces in…
Zimbabwe decommissions ageing thermal power plants due to high costs
Zimbabwe is shutting down three ageing thermal power stations due to rising operational costs and their advanced age, according to the government. The Zimbabwe Electricity Supply Authority (ZESA) Holdings, the…
Rwanda invests $300m to combat Mukungwa River flooding
The Rwandan government has allocated $300m (382bn Rwandan francs) to a project aimed at mitigating flooding risks along the Mukungwa River, a tributary that feeds into Lake Victoria and ultimately…
Uganda, Kenya seek resolution to petroleum import impasse
Ugandan President Yoweri Museveni and his Kenyan counterpart, William Ruto, held talks on Monday to address the ongoing dispute regarding Uganda's petroleum product imports through Kenya. While a statement from…