EGX rally following CBE’s governor resignation
The Egyptian Exchange (EGX) reacted positively to the resignation of the Governor of the Central Bank of Egypt Tarek Amer. The market responded with a collective rise in the indices…
Mercedes-Benz Egypt on track to open logistics hub in Suez Canal Economic Zone
In September 2021,Mercedes-Benz Egypt signed a contract with the Suez Canal Economic Zone to allocate land to establish the logistics hub.
Touching athletics moments cause thunderous cheers at European Championships
A series of stunning victories aside from touching stories have caused a wave of attention.
Fish ‘chock-full’ of antifreeze protein found in iceberg habitats off Greenland
The study, led by scientists at the American Museum of Natural History and the City University of New York (CUNY), and published on Tuesday in Evolutionary Bioinformatics, also warns that…
Brazil-Argentina replay called off
The South American rivals had been slated to play the qualifier last September but the fixture was suspended less than 10 minutes after kickoff because of alleged COVID-19 rule breaches…
Fossil fuel companies’ decarbonisation scenarios will not meet Paris Agreement climate goals
Led by the research organisation Climate Analytics and including Imperial College London researchers, the study was published on Tuesday in Nature Communications.
Researchers warn fish are suffering from oxygen decline
Larger fishes are more likely to experience oxygen deficiency in warm water than smaller species
Turkey, Israel announce resumption of relations, re-exchange of ambassadors
“After a telephone call between Prime Minister Lapid and Turkish President Recep Tayyip Erdogan, Israel and Turkey are re-exhanging ambassadors,” the Israeli PM’s Twitter account said.
Korean Embassy invites first Egyptian basketball player playing for a Korean professional team
The first Egyptian player to set foot on Korean basketball arenas will be competing for the LG Sakers for the second year after renewing his contract ahead of the 2022/23…
FRA approves issuance of securitisation bonds for EFG-Hermes, ValU
It also approved EFG-Hermes’ second securitisation programme — which is worth EGP 2bn — for consumer finance portfolios referred by ValU Consumer Finance.