EGX’s new chairperson outlines business strategy for coming months
Developing current trading system top priority: El-Sheikh
Israeli, Libyan FMs hold meeting to discuss diplomatic prospects
The foreign ministers of Israel and Libya have met in Rome, marking the first-ever meeting between officials of the two countries that don't have formal diplomatic ties, the Israeli Foreign…
Egypt inaugurates mega strategic food warehouse project
A groundbreaking ceremony was held Sunday for building a strategic food warehouse project in southern Egypt's Luxor Governorate. Egyptian Minister of Supply and Internal Trade Ali Moselhy attended the…
Drought forces Panama Canal to limit traffic for a year
The Panama Canal Authority (ACP) has announced that it will limit the traffic of ships through the canal for a year, due to the low water level caused by drought.…
Gold prices won’t be affected by Egypt’s BRICS membership: Gold Bullion
Gold Bullion, a company that specializes in gold trading, said that Egypt’s joining the BRICS group of emerging economies will not have an immediate or direct impact on the local…
Parliament abolishes old laws on 3 banks, subjects them to new banking law
The House of Representatives has passed Law No. 170 of 2023, which repeals some old laws related to the establishment of three banks: the Arab Investment Bank (AIB), the Export…
Supply Minister launches new phase of national project for strategic food warehouses in Luxor
Minister of Supply and Internal Trade Ali El-Moselhy inaugurated a new phase of the national project to build strategic warehouses for food products and laid the foundation stone for the…
SCZONE, TEDA launch $60m eco-friendly textile factory in Sokhna
The Suez Canal Economic Zone (SCZONE) and the Chinese industrial developer TEDA-Egypt have laid the foundation stone for a new textile factory in the Sokhna Integrated Industrial Zone. The factory,…
Network International invests EGP 1bn in Egypt’s digital payments sector
Network International, the leading provider of digital payments and commerce solutions in the Middle East and Africa (MEA) region, has announced a EGP 1bn investment to support Egypt’s economic growth…
Health Minister orders urgent investigation into Al-Zaytoun Hospital violations
Egypt’s Health and Population Minister, Khaled Abdel Ghaffar, has ordered an urgent investigation into the violations he witnessed during his visit to Al-Zaytoun Specialist Hospital in Cairo on Sunday. The…