MSMEDA signs 41 contracts worth EGP 900 Million to support microfinance in 2024
The Micro, Small, and Medium Enterprise Development Agency (MSMEDA) has successfully achieved significant milestones in 2024, including signing 41 contracts totaling EGP 900 million with a diverse range of companies…
Biometric Scan and Artificial Intelligence: Endgame of Fears and Doubts
Biometric scans, which utilize unique physical characteristics to identify individuals, have become increasingly prevalent in our daily lives. From unlocking smartphones to securing airports, these technologies offer a convenient and…
From acting to directing: Dorra Zarrouk’s bold transition, artistic vision
Dorra Zarrouk, a celebrated Tunisian actress renowned across the Arab world for her versatile roles in both television and film, has carved a remarkable career defined by depth, emotion, and…
Egypt’s Health Ministry issues nearly 4 million treatment decisions in 2024
The Ministry of Health and Population has announced that in 2024, the state will issue a total of 3,934,336 treatment decisions, at a cost exceeding EGP 24.21bn. These treatment decisions…
Egypt welcomes record 15.7 million tourists in 2024 despite regional challenges
Egypt welcomed a record-breaking 15.7 million tourists in 2024, despite ongoing geopolitical challenges in the region, Minister of Tourism and Antiquities Sherif Fathy announced during a meeting of the Culture,…
Egypt’s banking sector records $5.95bn net foreign asset surplus in November 2024
The Central Bank of Egypt (CBE) announced that the banking sector’s net foreign assets (NFA) reached a surplus of $5.95bn (EGP 295.6bn) in November 2024, down from a surplus of…
Hamas open to national unity government in Gaza as ceasefire talks continue
Hamas is open to the idea of transferring governance of the Gaza Strip to a national unity government or a government comprised of national elites. Osama Hamdan, a leader in…
Egypt calls for Lebanese-led solution to presidential vacuum
Egyptian Foreign Minister Badr Abdelatty emphasised on Tuesday the need for a Lebanese consensus to end the country's presidential vacuum, "without external impositions." Abdelatty's statement came during a phone call…
Central Agency for Reconstruction completes 37 projects worth EGP 1.068bn: Minister
Minister of Housing, Utilities, and Urban Communities, Sherif El-Sherbiny, reviewed the achievements of the Central Agency for Reconstruction in 2024, an entity affiliated with the ministry. The agency has successfully…
Local liquidity in Egypt’s banking sector increases by EGP 2.46trn in 11M 2024
Egypt’s banking sector saw a significant increase in local liquidity, rising to EGP 11.34trn in November 2024, a boost of EGP 2.46trn from the EGP 8.88trn recorded in December 2023.…
