CIB reports consolidated net income of EGP 7.99bn in 2Q 2023
Commercial International Bank (CIB) Monday reported second-quarter 2023 consolidated net income of EGP 7.99bn, or EGP 2.38 per share. The bank’s management commented: “Building on a strong start to the…
Egypt’s fish production hits 2 million tons, self-sufficiency at 85%
Egypt's fish production reached about 2 million tons in 2023, with a self-sufficiency rate of about 85%, the Ministry of Agriculture and Land Reclamation said in a report. The report…
New government initiative to support tourism is under consideration: CBE
The Central Bank of Egypt (CBE) said that a new initiative to support the tourism sector by the ministries of tourism and finance is currently under consideration, pending the approval…
President Al-Sisi, Justice Minister discuss development of Egyptian courts
Meeting addresses connecting different judicial bodies
Madbouly expresses Egypt’s aspiration to strengthen cooperation with IOM
Egypt offers full support to FAO and its commitments to achieve food security: Madbouly
Late-night nibbles or snacking on highly processed foods could negatively affect health
Snacking is becoming increasingly popular, with more than 70% of people reporting they snack at least twice a day. In a new study involving more than 1,000 people, researchers examined…
Elon Musk rebrands Twitter to X, replaces iconic bird logo
Twitter owner Elon Musk has officially rebranded the company to X, replacing the iconic bird logo with a stylized X. The move comes as part of a sweeping overhaul of…
Israelis rally, strike as parliament passes contentious judicial overhaul bill
Thousands blocked roads outside the Israeli parliament and the country's 150 largest companies went on strike on Monday as a key bill of the government's contentious judicial overhaul plan was…
Sudan’s civilian coalition meets in Egypt to discuss ways to end conflict
The Forces of Freedom and Change Alliance (FFC), a civilian political coalition in Sudan, started a meeting on Monday in Cairo to discuss means to end the conflict that has…
LMD works toward rapid construction in its ground-breaking Zoya Ghazala Bay in North Coast
LMD, the leading real estate company, has proved its full commitment to clients and implementing its projects according to its timeline through the continued progress of construction works in Zoya…