How new high-yield CDs affect Egypt’s stock market
Investors weigh their options amid competing investment channels
US and allies warn Houthis of “unlawful attacks” on international shipping
The governments of the United States, Australia, Bahrain, Belgium, Canada, Denmark, Germany, Italy, Japan, the Netherlands, New Zealand and the United Kingdom stated on Wednesday calling on the Houthis to…
Osama Saraya wins AFASU Golden Journalism Award for his distinguished journalistic career
Hossam Darwish, President of the African-Asian Union (AFASU), which emerged from the Organization of African-Asian Solidarity, presented the prestigious African-Asian Union Golden Award for Journalism Excellence (AFASU Golden Award) to…
ACUD introduces ‘equal instalments’ system for land offerings
New system enables developers to purchase lands with equal quarterly payments
FRA issues new rules for granting licences to non-banking financial companies
Financial institutions must own at least 25% of capital and women must have at least 25% representation on board
Palestinian President warns of Israeli measures to displace Palestinians
Abbas rejects any plan to separate Gaza Strip from West Bank, calls for political solution based on international legitimacy
Egypt’s women’s clothing exports reach $2.2bn in 11M 2023
Garment sector sees growth in both European, Arab markets
Egypt unveils 1.1GW wind project in historic $1.5bn deal won by Saudi-led consortium
A consortium led by Saudi Arabia's ACWA Power signed on Wednesday a monumental usufruct agreement for a 1.1-gigawatt wind energy project with $1.5bn of investment, according to a statement by…
World Bank, Egyptian government cooperate on state ownership policy, asset management
World Bank mission visits Egypt to discuss technical support, best practices for managing state-owned assets
Egypt’s core inflation drops to 1.3% in December 2023
Central Bank of Egypt maintains key interest rates, targets lower inflation rates in medium-term