Palestinian resistance kills 9 Israeli soldiers and destroys 22 tanks in ground battles
The Palestinian resistance factions announced on Tuesday that they inflicted heavy losses on the Israeli occupation forces in the ground incursions into the Gaza Strip. The Al-Qassam Brigades, the military…
Israel kills 11,320 people in Gaza, including over 4,000 children
The Government Information Office in Gaza reported that the Israeli army had killed 11,320 people, including more than 4,000 children, since the start of the Israeli aggression on the Gaza…
Egypt, Russia discuss Gaza crisis, urge for ceasefire
Al-Sisi outlined Egypt's unwavering commitment to restoring calm in Gaza and outlined the measures being taken to deliver humanitarian aid
Egypt, Zimbabwe agree to boost cooperation in agriculture, infrastructure
Egypt’s President Abdel Fattah Al-Sisi and President Emmerson Mnangagwa of Zimbabwe met on Tuesday and expressed their desire to strengthen their bilateral relations, especially in the fields of development cooperation.…
Youth Ministry sign protocol with cred to support medal-winning champions at Paris 2024 Olympics
Minister of Youth and Sports Ashraf Sobhy attended the signing of a protocol between the Ministry and cred, a real estate development company, on Thursday. The protocol aims to support…
Afreximbank supports Mota-Engil Africa with €175m loan for Lobito Railway Project
The African Export-Import Bank (Afreximbank) has provided a €175m dual tranche term loan facility to Mota-Engil Africa, a leading engineering and construction company in Africa. The facility will support Mota-Engil…
Intra-African commerce only 17% of continent’s foreign trade volume: ECS
Ali Basha, the Minister Plenipotentiary Head of Africa Department at Egyptian Commercial Service (ECS), said that intra-African trade is very low, accounting for only 16-17% of the continent’s foreign trade…
Egypt, Afreximbank launch online platform for engineering, procurement and construction contracts
Afreximbank’s support for engineering and contracting companies in Africa worth more than $12bn in the past five years
Elsewedy Electric, Arab Contractors secure $500m credit facility from Afreximbank
The African Export-Import Bank (Afreximbank) has provided a credit facility of $500m to two Egyptian contractors, Elsewedy Electric Group and Arab Contractors, as part of the 3rd edition of the…
Azimut Gold Fund registered by Central Bank of Bahrain
The Central Bank of Bahrain has given its approval for the registration of Azimut Gold Fund, an investment fund that allows Mubasher Capital Bahrain clients to invest in Egyptian pounds.…