FRA plans to ease sukuk issuance rules for SMEs
The Financial Regulatory Authority (FRA) is considering new amendments to the Capital Market Law that would make it easier for small and medium-sized enterprises (SMEs) to issue sukuk, or Islamic…
Meet Ahmed El Sheikh, the new chairperson of EGX
Prime Minister Mostafa Madbouly has appointed Ahmed Abdel Rahman El Sheikh Ali as the new chairperson of the Board of Directors of the Egyptian Exchange (EGX) for a one-year term,…
Egypt joins BRICS in bid to boost trade, investment
Egypt has become the newest member of the BRICS, a group of emerging economies that includes Brazil, Russia, India, China, and South Africa. Egypt's business community welcomed the move, saying…
Egypt hosts Bright Star 2023 with participation of 34 countries next Thursday
Egypt's Armed Forces announced on Saturday the details of the Bright Star 2023, a joint military exercise that involves 8,000 troops from 34 countries, to be held at the Mohammed…
SIDPEC to acquire ETHYDCO by end of October: Sources
Sidi Kerir Petrochemical Company (SIDPEC) is set to complete its acquisition of the Egyptian Company for Ethylene and Derivatives Production (ETHYDCO) by the end of next October, according to informed…
Egypt’s President Al-Sisi directs continued efforts to support heavy industries
Egypt's President Abdel Fattah Al-Sisi has directed continued efforts to provide a supportive environment for the country's heavy industries, foremost among them the iron and steel industry. The president made…
Egypt’s Health Ministry provides 160,000 services in all medical specialities, and family planning specialities
The services came as part of the national initiative “100 Health Days” campaign
Cairo and Mansoura Universities won first place as the best environmentally friendly university
Cairo and Mansoura Universities won first place as the best environmentally friendly university for the year 2023, and Ain Shams University came in second place, in the second round of…
Niger’s resource paradox: what should make the country rich has made it a target for predators
A month after the coup in Niger that toppled the democratically elected civilian government of Mohamed Bazoum, the country’s neighbours are still debating the possibility of military intervention. The Economic…
Egypt’s street workout team wins 3 gold medals at world championship
Egypt's Street Workout team won three gold medals at the 2023 Street Workout and Calisthenics World Championship held in Riga, Latvia. Ahmed Helmy took first place in the freestyle medium…