Egypt’s external debt edges lower to $164.521 in Q1 FY 2023/24
Egypt's external debt burden eased in the first quarter of fiscal year (FY) 2023/24, inching down to $164.521bn from $164.727bn at the end of the previous quarter. This welcome decline…
100 days of Israeli attacks and Palestinian resistance in Gaza
The Gaza Strip’s Ministry of Health said that the Israeli forces carried out 11 massacres, killing 125 people, in the past 24 hours. The ministry reported on Sunday that the…
Al-Sisi, Wang Yi discuss Gaza crisis, bilateral cooperation
Egyptian President Abdel Fattah Al-Sisi met with Chinese Foreign Minister Wang Yi on Sunday to discuss the situation in Gaza and ways to enhance their strategic partnership. The meeting, which…
Banque du Caire, TAKYIEM partner to market Urban Development Fund projects
Agreement leverages bank’s expertise in marketing, promoting, and financing real estate assets
CIB leads 20 securitization bond issuances worth EGP 57.5bn in 2023
It secures more than 63% of Egyptian market share in securitization bond issuances
Egypt targets 5% inflation by 2026, government document says
Price stability and lower inflation rates among government’s priorities
UN peacekeeping chief urges Lebanon, Israel to de-escalate border tension
UN Under-Secretary-General for Peace Operations Jean-Pierre Lacroix on Saturday urged Lebanon and Israel to de-escalate their border tension. Lacroix made the call at the end of his four-day visit…
Middle Eastern CEOs embrace disruption, prioritize digital in face of change
Across the dynamic expanse of the Middle East, businesses are charting a course of unwavering optimism amidst the tides of disruption. While a rapidly evolving world presents its share of…
US escalates Yemen conflict with fresh raid on Houthi radar in Sana’a
The Houthi rebel group in Yemen accused the United States of a fresh air strike on the Al-Dailami Air Base in the capital Sana'a on Saturday morning. The US Central…
Sudan rejects IGAD Summit over unfulfilled promises
The Sudanese Sovereign Council announced Saturday it would not participate in next Thursday's Inter-governmental Authority on Development (IGAD) summit in Uganda, dedicated to regional crises in Sudan, Somalia, and Ethiopia.…