EGX breaks historical records, eyes more gains in coming weeks
EGX30 targets historic peaks amounting to 19,700 points next month: Abdel Fattah
CBE forms work committees to study launching digital currency
The Central Bank of Egypt (CBE) has announced that it has formed work committees from all relevant ministries and national authorities, under its chairmanship, to study the possibility of launching…
Cybercrime experts forecast more challenging times ahead for enterprises in Africa
Cybercrime experts are forecasting more challenging times ahead as threat actors exploit emerging innovations to launch sophisticated cyber attacks in Africa. Driven by heightened technological advancements such as artificial intelligence…
Top 10 brokerages control over half of EGX trading in 8M 2023
The Egyptian Exchange (EGX) witnessed a concentration of trading among the top 10 brokerage companies in the first eight months of this year, as they accounted for 51.4% of the…
EBRD, IFC to advise on water desalination projects in Egypt
The Egyptian government has selected the European Bank for Reconstruction and Development (EBRD) and the International Finance Corporation (IFC) as financial advisors for a series of water desalination projects proposed…
Egypt’s government to sell two military-owned companies by year-end
The Egyptian government is planning to sell two military-owned companies, the National Company for Natural Water in Siwa (Safi) and Wataniya, before the end of this year, as part of…
Gabon’s transitional government to reopen borders
Gabon will reopen the land, sea and air borders from Saturday, the Committee for the Transition and Restoration of Institutions (CTRI) of Gabon announced on national television. The CTRI "decides…
Sudan’s Al-Burhan welcomes reconstruction support, rejects foreign dictates
The head of Sudan's sovereignty council, Abdel Fattah Al-Burhan, welcomed Saturday any support for the reconstruction of Sudan, but stressed his rejection of foreign dictates. During his visit to Kassala…
UNGA adopts resolution on UN simulation models welcoming contributions of WYF in Sharm El Sheikh
The United Nations General Assembly adopted a resolution on Wednesday welcoming the contributions of youth forums and conferences, including the World Youth Forum in Sharm El-Sheikh, to empowering young people…
Over 100 injured in clashes between Eritrean protesters, Israeli police in Tel Aviv
More than 100 people were injured in violent clashes between Eritrean protesters and Israeli police in Tel Aviv on Saturday, Israeli emergency services said. The clashes initially broke out in…