Valuation dispute halts SODIC’s acquisition of Orascom for Real Estate
Negotiations stopped more than month ago: Sources
Abu Dhabi Islamic Bank – Egypt achieves net profit of EGP 2.190bn in 2022
Bank’s customer deposits jump to EGP 97.6bn, with growth rate of 29%, corporate finance portfolio increase by EGP 11bn: CEO Mohamed Ali
JICA organizes hybrid event titled ‘Promoting Social and Continuous Learning in Egypt and Japan’
The Japan International Cooperation Agency’s (JICA) offices in Egypt and Okinawa will organize a hybrid event titled “Promoting Social and Continuous Learning in Egypt and Japan” at Fairmont Nile City…
Financial position of banks in Egyptian market increases to EGP 11.399trn in 2022: CBE
Customer deposits jump to EGP 8.562trn, lending and discount balance records EGP 4.093trn, and bank investments in T-bills reach EGP 4.428trn
Supplying Ukraine with depleted uranium weapons to have dire consequences: Medvedev
Ukraine needed to assess the consequences of the use of depleted uranium rounds and consider whether to open the "Pandora Box" and allow the West to provide such…
Over 9.5 mln livestock died across drought-affected HOA countries: WFP
WFP says $2.4bn needed in 2023 to meet the lifesaving relief food needs of 8.8 million drought-affected people across the region Xinhua – At least 9.5 million livestock have died across…
Yemeni government calls for help after heavy rains affect thousands of displaced families
The Yemeni government called for relief to meet those families' basic needs for shelter and food as well as to protect them from diseases and other health risks, the…
Afghan forces raid IS hideout in Kabul, discover arms and ammunition
Afghan forces raided a hideout of Daesh or the rival Islamic State (IS) outfit in the capital of Afghanistan Friday night, discovering arms and ammunition, the country's counter-intelligence agency said…
Spanish wildfire burns 4,000 hectares, forces evacuation of 1,500
Eight small towns and villages in the surrounding area were evacuated between Thursday and Friday as the fire, which could have been started by crop burning, rapidly spread, helped…
World Bank vows to step up support for long-term development agendas in Africa
"We need to continue to support areas of long-term development agendas in Africa with a special focus on infrastructure, agriculture and other real sectors that will help remove bottlenecks…