Hamas releases US-Israeli detainee Edan Alexander amid ceasefire uncertainty
Amid the ongoing and intensifying Israeli war on Gaza—and despite mixed signals regarding the fate of ceasefire negotiations—Hamas announced the release of US-Israeli soldier Edan Alexander, describing the move as…
EBRD backs Egypt’s first solar, battery storage project with $30m equity bridge loan
The European Bank for Reconstruction and Development (EBRD) has announced a $30m equity bridge loan to Obelisk Solar Power, a special purpose vehicle owned by Scatec ASA, a global leader…
SODIC signs revenue-sharing agreement to develop 1,000 feddans in New Sphinx City
Sixth of October for Development and Investment Company (SODIC) has signed a revenue-sharing agreement with Rula for Land Reclamation to develop a 1,000-feddan land plot in New Sphinx City, located…
Egypt’s exports rise 24.1% in February 2025 as trade deficit shrinks by nearly third
Egypt recorded a significant improvement in its trade performance in February 2025, with exports surging by 24.1% and the trade deficit narrowing by 29.1% year-on-year. According to the latest monthly…
Egypt celebrates Europe Day, reaffirms strategic partnership with EU
Egypt commemorated the 75th anniversary of the European Union on Sunday with a high-level ceremony in Cairo, underscoring the strength of its strategic partnership with the EU and a shared…
FRA extends deadline for financial statement submissions to May-end
The Financial Regulatory Authority (FRA), chaired by Mohamed Farid, has issued Decision No. 101 of 2025, extending the deadline for submitting periodic financial statements for companies listed on the Egyptian…
Egypt, Qatar explore deepened energy ties, joint investment opportunities
Egypt’s Minister of Petroleum and Mineral Resources, Kareem Badawi, visited Doha this week at the official invitation of Qatari Minister of State for Energy Affairs, Saad Sherida Al-Kaabi, to explore…
Kagame urges African unity, self-reliance at Africa CEO Forum panel
ABIDJAN – Rwandan President Paul Kagame on Monday called for greater cooperation among African nations and less dependence on external powers, urging the continent to set its own course during…
Senegal’s Faye eyes $1.7bn for digital drive, urges African sovereignty
ABIDJAN – Senegalese President Bassirou Diomaye Faye said on Monday his country seeks $1.7bn in investments to build digital infrastructure and create youth employment, while also calling for Africa to…
Flowers as a Form of Communication: Why It Still Matters to Give the Living
For centuries, flowers have been more than just decorations — they have been essential to human communication. Without words, they conveyed love, sorrow, gratitude, and admiration. Despite the rapid development…