Divided US Congress convenes in scandal, with McCarthy failing initial vote to be elected House speaker
The session came nearly two months after the 2022 midterm elections, in which Republicans flipped the US House of Representatives and Democrats held onto their majority in the Senate.
Compass Capital joins race to acquire Pachin
In a statement to the Egyptian Exchange, the FRA stated that Compass Capital aims to acquire a stake of no less than 51% and up to 90% of the targeted…
Microfinance increases to EGP 64.6bn in June 2022: CBE
Banks record EGP 48.3bn in mortgage finance for to 436,900 low, middle-income customers in September
Egypt net international reserves record 5-month high in December 2022
Egypt pays $2.5bn in external debt over last 2 months, country’s cash reserve covers 5.4 months of imports: Official
Mobile market expects breakthrough after release of imported shipments during 1Q 2023
The Egyptian market sold about 13 million mobile devices in 2021, according to GFK for market research.
Gold market disorientated after EGP depreciation, 25% bank certificates: iSagha
Saeed Embaby, CEO of iSagha.com, a platform for trading gold and jewellery, said that gold prices spiked in local markets during Wednesday trading, with the ounce reaching $1860, amid investors’…
Waziri inspects restoration works at Religious Complex
Waziri started his inspection tour by visiting the Babylon Fortress, where he inspected the restoration of its two towers, for which nearly 95% of the necessary maintenance work had been…
Health Ministry issues over 3 million treatment decisions at state expense in 2022
5,155 patients across several governorates examined through “video conferencing” technology
Egypt recovered more than 110 artefacts in 2022
In this article, Daily News Egypt represents some of the recovered artefacts in 2022, in July, Egypt recovered an artefact from New Zealand.
EGX sees record trading despite 25% bank certificates
IMF agreement, floating Egyptian pound, and tightening monetary policy are steps to address crisis: El Dokani