Egyptian-Syrian foreign ministers to meet in Cairo Tuesday
Foreign Minister Sameh Shoukry will hold talks with his counterpart Faisal Mekdad in Cairo on Tuesday, followed by a meeting of the Arab ministerial committee on Syria. Mekdad paid a…
Resolving Palestinian issue should be regional, international priority: Egypt-Jordan-Palestine summit
Timetable needed for ending Israeli occupation: Summit
Environment Ministry announces Sharm El-Sheikh a green city
Chief of the Egyptian Environmental Affairs Agency (EEAA), Ali Abu Sinna, has said that the government has taken a set of measures to activate the concept of sustainable cities in…
Al-Mansour Holding transfers its Metro Market shares to its subsidiary in EGP 118m transaction
Daily News Egypt learned that Al-Mansour Holding completed a restructure of its shares in Metro Market chain, in a deal valued at about EGP 118m. The sources added that the…
Ethiopian air strike in Amhara region kills 26, injures dozens
An Ethiopian military airstrike on a crowded town square in the country's northern Amhara region killed 26 people and injured dozens on Sunday, according to the Associated Press (AP). The…
Over half of Arab youth in North Africa, Levant considering emigration for better opportunities
Nearly two-thirds in North Africa and about three-quarters in Levant say their national economy is going in the wrong direction Over half of Arab youth in the Levant and North…
Al Baraka Bank records EGP 1.59bn in profits in 1H 2023, with 38% growth
Al Baraka Bank has announced that its profits before tax exceeded EGP 1.59bn, a growth rate of 38%, compared to the same period last year, while net profits amounted to…
Lack of raw materials contributed massively to export drop: FEI
Osama El-Shahed, a member of the Federation of Egyptian Industries, has stated that the past months witnessed difficulties in importing raw materials and manufacturing components as a result of difficulties…
Telecom Egypt reports EGP 6.7bn profits in 1H 2023
Telecom Egypt (TE) made profits worth EGP 6.7bn during the first half (1H) of this year, according to the company's business results. The company's total revenues amounted to EGP 28.1bn,…
Suez Canal Bank announces 134% increase in net profit to EGP 628m during 1H 2023
Suez Canal Bank’s general assembly approves increasing paid-up capital to EGP 5bn to comply with CBE’s minimum capital requirements