Al-Sisi issues presidential pardon for 30 prisoners including Douma
Egyptian President Abdel Fattah Al-Sisi issued on Saturday a presidential pardon for 30 prisoners, including famous political activist Ahmed Douma. Douma was sentenced to three years in prison, before being…
Hayat Egypt invests $550m in five production facilities
Company plans to inject additional $55m worth of investment until 2024-end
AI may distort our taste of music: Walid Toufic
I love performing in live concerts and I was happy to participate in Jerash Festival
Rx Healthcare considers acquiring a pharmaceutical company
Rx Healthcare Management (RxHM), a private equity investment management owned by EFG Holding Group, is studying several opportunities to acquire pharmaceutical companies, sources close to the matter told Daily News…
India marks 77th Independence Day in Cairo, praises Indian-Egyptian relations
Indian Ambassador to Cairo Ajit Gupte praised the blossoming bilateral relations between his country and Egypt during a ceremony to celebrate the 77th anniversary of India’s independence. He indicated that…
US envoy calls on warring parties to stop destabilizing Libya
The US special envoy to Libya, Ambassador Richard Norland, called on Wednesday for all warring parties to stop destabilizing the country, saying that Libya has made significant progress in recent…
ESCC, Huawei organize workshop to raise awareness of cyber threats
The National Telecommunications Regulatory Authority (NTRA) and Huawei organized a workshop on cybersecurity for micro, small, and medium-sized enterprises (SMEs) in Egypt. The workshop, titled "Cybersecurity is Everyone's Responsibility," was…
Russian company seeks to expand in local steel market
Minister of Trade and Industry Ahmed Samir held a meeting with a delegation of Novostal-M — Metallurgical Holding, headed by the company’s president Ivan Demchenko, to discuss investment opportunities in…
Why Egypt’s core inflation declines in July 2023?
Egypt’s annual headline urban inflation increased to 36.5% in July 2023 up from 35.7% in June 2023. Given the relative stability in annual non-food inflation, the acceleration in annual headline…
Financing portfolio of Contact Financial Holding records EGP 18.1bn in 1H 2023
The financing portfolio of Contact Financial Holding jumped to about EGP 18.1bn during the first half (1H) of this year, compared to EGP 12.4bn in 1H 2022, a growth rate…