Egypt discovers new oil field in Geisum & Tawila West Concession in Gulf of Suez
Cheiron has announced a new oil discovery in the Geisum & Tawila West Concession in the Gulf of Suez. The operations in the field are managed by the joint venture…
AfCFTA introduces pan-African payments system, to facilitate cross-border trade in local currencies: Wamkele Mene to DNE
Johannesburg – The African Continental Free Trade Area (AfCFTA) has introduced a pan-African payments and settlement system to enable intra-African trade in local currency, Wamkele Keabetswe Mene, Secretary-General of AfCFTA,…
BRICS Summit kick-starts with expansion on top of agenda
Johannesburg – China and South Africa, two of the members of the BRICS bloc, said that they have found common ground on expanding the BRICS emerging market bloc, as a…
Hurghada to host first edition of Youth Film Festival in September
Hurghada will host the first edition of the Youth Film Festival from 21 to 27 September 2023.
UN stresses need to stop all military actions in Sudan
Special Representative of the Secretary-General of the United Nations (UN) in Sudan, Volker Perthes, has stressed the need to immediately stop all military actions and mobilisations to alleviate the suffering…
Opinion| Protecting Traditional Masculinity: It’s not only okay to be a man, it’s necessary!
In the face of shifting societal norms and evolving gender dynamics, it is crucial to preserve and protect traditional masculinity. While some argue for the dismissal of traditional masculine qualities,…
Emaar Misr, Emaar Hospitality Group inaugurate Address Beach Resort Marassi with EGP 5bn investments
Emaar Misr inaugurated the new Address Beach Resort Marassi, in Marassi located in Egypt’s North Coast, marking Egypt's second hotel and resort under the renowned Address Hotels and Resorts brand.…
Economic crisis continues to take toll on Egyptian stocks as investors ask for risk premium
Stocks became less attractive as treasury bills offer higher yield: Nagla
Trade Minister amends law No.118/1975 on import, export
Minister of Trade and Industry Ahmed Samir issued a decision to amend some provisions of the regulations of Law No. 118/1975 regarding import and export and the system of procedures…
Prime Minister orders amending Capital Market Law
Prime Minister Mostafa Madbouly has issued a decision to amend some provisions of the Capital Market Law No. 95 of 1992. The amendments include allowing the issuance of a sukuk…