China, Egypt discuss ways to boost tourism
A workshop between Egyptian and Chinese tourism companies and tour operators was held in Egypt's capital Cairo on Tuesday to discuss ways to increase tourism between the two countries. Speaking…
US stocks fall amid economic concerns
The U.S. Labor Department reported Tuesday that U.S. job openings slipped to 9.9 million in February, the fewest since May 2021
President Al-Sisi receives credentials of 13 new ambassadors to Egypt
Egyptian President Abdel Fattah Al-Sisi received the credentials of several ambassadors accredited to Egypt on Tuesday. The Ambassadors include Nuala O'Brien, Ambassador of Ireland; José Jesús Guillermo, Ambassador of the…
Egypt’s President Al-Sisi meets President of African Development Bank Group
African Development Bank Group President Akinwumi Adesina said he was pleased that Egypt would host the Bank's annual meetings in Sharm El-Sheikh in May
Arab artists inspired by Xi’s reply, pledging to advance cultural exchanges
Chinese President Xi Jinping recently wrote back to representatives of well-known Arab artists who participated in the "Silk Road Artists' Rendezvous" visit to China
CIB partners with IFC in managing climate risk, boosting sustainability
The advisory project will include an initial portfolio screening against climate risk and the development of scenario planning and stress testing methodology for CIB, a long-term IFC partner. The goal…
Red Sea Wind Energy consortium achieves financial close for its 500MW Gulf of Suez wind farm
The Red Sea Wind Energy consortium reached financial close for its 500MW Gulf of Suez wind farm project near Ras Ghareb, on 3 April.
Egypt launches automated system for data management, follow-up of development financing
System enhances Ministry's role in follow-up, evaluation, and decision-making processes, says Rania Al-Mashat
Contact Holding completes securitized bond issuance of EGP 1.89bn
The issuance came from in 3 tranches with different terms, ranging from 13 to 60 months, for the consumer financing portfolio transferred by Contact Finance and Contact Credit Tech for…
EDAM-led consortium signs protocol with ESIIC to develop medical centre
The consortium includes KMS Healthcare, which specializes in developing, operating, and managing medical centres, and EDHP which supports the digital transformation of health care services provided to patients through software…