Egypt is in talks with UAE, Saudi Arabia to secure new deposits worth $5bn
Egypt is close to obtaining new deposits from the United Arab Emirates and Saudi Arabia to bolster the reserves of the Central Bank and pave the way for resuming the…
Russia pledges to enhance UN’s role, effectiveness: Lavrov
Russian Foreign Minister Sergei Lavrov stated on Wednesday that his country is committed to working with all possible means to enhance the role and effectiveness of the United Nations. “Russia,…
Energy sector undergoes qualitative transformation from gas to renewable sources: Electricity Minister
Egypt’s Minister of Electricity and Renewable Energy, Mohamed Shaker, has said that the country is shifting its energy sector from gas to renewable sources, such as wind and solar, to…
FM Shoukry urges Security Council to stop Israeli aggression in Gaza
Foreign Minister Sameh Shoukry denounced Israel’s atrocities against the people of Gaza, saying: "We question the right that allows Israel to indiscriminately target both armed enemies and unarmed civilians who…
Foreign capital awaits voluntary carbon market in Egypt
It is necessary to set price for carbon credits in Africa to finance climate action, says Mahmoud Mohieldin
Fine Solutions showcases strategy and remarkable impact in Egyptian market
Fine Solutions, the B2B arm of Fine Hygienic Holding, one of the world’s leading wellness groups and manufacturers of hygienic paper products and long-term germ protection solutions, shared its strategy…
Egyptian startup Egrobots wins second place, €15k prize in OSVP competition for emerging projects
Egrobots, an Egyptian startup that develops agricultural technology using robots and artificial intelligence, has won second place and a prize of €15,000 in the international finals of the Orange Social…
Egypt tops global sales of Shell Rimula diesel engine oils
Egypt achieved a remarkable increase in sales of Shell Rimula diesel engine oils, ranking first in the world. This reflects the continuous efforts of the Shell Lubricants Egypt team and…
Egypt’s trade exchange with 11 countries in East, South Asia reaches $34.5bn in 2022: CAPMAS
South Korea ranked first with $2bn exports: CAPMAS
Annual return of USD 60/40 stock-bond portfolio remains at 7%: JP Morgan Asset Management
The forecasted annual return for a USD 60/40 stock-bond portfolio over the next 10–15 years remains attractive at 7.0%, according to JP Morgan Asset Management’s 2024 Long-Term Capital Market Assumptions…