Egypt disburses first 50% of overdue export subsidies through four banks: Finance Minister
Minister of Finance Ahmed Kouchouk announced the successful disbursement of the first 50% of overdue export subsidies under the new Cabinet-approved mechanism for settling overdue receivables owed to exporters by…
UK, Canada, and Australia recognize state of Palestine amid escalating Gaza conflict
The United Kingdom, Canada, and Australia formally recognized the State of Palestine on Sunday, with Portugal expected to follow suit later in the day. This move comes despite intense pressure…
Egypt explores cooperation with China’s Ningbo Pathology Center on AI-powered digital diagnostics
Egypt’s Health Minister and Deputy Prime Minister, Khaled Abdel Ghaffar, met with representatives from China’s Ningbo Clinical Pathology Diagnostic Center to discuss potential collaboration in the fields of digital diagnostics…
Gold prices climb EGP 70 in one week on weaker dollar, Fed easing signals: iSagha
Gold prices posted significant gains in both the Egyptian and global markets last week, rising by 1.4% locally and 1.2% internationally, according to a report by online precious metals platform…
Unilever Egypt, Egyptian Food Bank launch water stewardship project in Matrouh
Unilever Egypt, in partnership with the Egyptian Food Bank (EFB), has launched a sustainable agricultural water efficiency project in the Moghra Aquifer region of Matrouh Governorate, the first programme of…
Catalyst secures EGP 600m in new bank financing
Catalyst Leasing and Factoring, a subsidiary of Catalyst Partners Middle East, has successfully secured new banking facilities totaling EGP 600m from prominent lenders Abu Dhabi Commercial Bank – Egypt, Suez…
Egypt, Pakistan discuss enhanced cooperation in defence, civilian manufacturing
Mohamed Salah El-Din Mostafa, Minister of State for Military Production, met with Aamer Shaukat, Pakistan’s Ambassador to Cairo, to discuss ways to deepen bilateral cooperation across various defence and civilian…
ETA accelerates development of 2nd tax facilitation package, prepares community dialogue for implementation: Chief
Rasha Abdel Aal, Head of the Egyptian Tax Authority (ETA), announced that the ETA is working diligently to finalize the second package of tax facilitations, in line with directives from…
Jadeer Group, IHG Hotels & Resorts announce Hotel Indigo debut in New Cairo
IHG Hotels & Resorts has signed a management agreement with Jadeer Group to open a new Hotel Indigo in New Cairo. Scheduled to open in 2031, the 120-room Hotel Indigo…
Amer Group secures license to launch EGP 5bn ‘Polotano’ phase at Porto Sokhna
Amer Holding Group (Amer Group) has announced that its subsidiary, Tropi 2 for Development, has obtained a licence from Egypt’s General Authority for Tourism Development to launch a new phase…