10.7% decrease in non-oil trade deficit in 2Q 2023
Non-oil trade exchange between Egypt and COMESA countries reaches $390.7m
FRA amends standards for financial evaluation of enterprises
The Financial Regulatory Authority (FRA) issued decision No. 150 for 2023 to amend the Authority’s decision No. 1 for 2017 regarding the standards for financial evaluation of enterprises, by developing…
GAFI approves establishment of Tarboul investment zone at EGP 500bn
The General Authority for Investment (GAFI) has approved the request of V Investments company to establish the city of Tarbul, under the investment zones system. The project aims to establish…
Palestine holds Netanyahu’s government responsible for repercussions of Israeli escalation
The Palestinian Ministry of Foreign Affairs blamed on Wednesday the Israeli government for the consequences of the ongoing escalation, calling on the US administration to exert real pressure on Israel…
Egypt’s Petroleum Minister meets with Canada’s TransGlobe
Tarek El Molla, Egypt's Minister of Petroleum and Mineral Resources, met with a delegation from TransGlobe, a Canadian oil and gas company. The meeting focused on the company's business plans…
Irrigation Minister calls for increasing support to Africa’s water, sanitation sector
Egypt’s Minister of Water Resources and Irrigation and Chairman of the African Ministers of Water Council (AMCAW), Hani Sweilam, participated in the high-level ministerial session on "Africa Day... Innovations and…
Philip Morris, JTI compete to buy stake in Eastern Company
There is competitive offer from Arab Gulf country to seize stake in Egyptian state-run company: Sources
India supports BRICS expansion, Brazil not enthusiastic
Egypt's Prime Minister Mostafa Madbouly to deliver a speech at BRICS’ high-level dialogue session on Thursday
Wagner chief Prigozhin reportedly killed in Russia plane crash
A private plane en route from Moscow to St. Petersburg crashed in the Tver Region on Wednesday, killing all 10 people on board, Russia's Ministry of Emergency Situations said. Local…
Valu rebrands as part of its evolution into a universal financial technology powerhouse
Valu, MENA’s leading financial technology company, announced Tuesday a strategic rebranding, marking a pivotal shift in its brand architecture. In a press statement the company said that "Today, Valu is…