US dollar weakens against major currencies as investors await Fed rate hike
The Federal Reserve is expected to raise interest rates at the conclusion of its policy meeting on Wednesday. In a step that many analysts say could trigger recession.
Committee following up on hospitality sector’s preparations for COP27 holds its first meeting
The conference will be held this November in Sharm El Sheikh.
Walid Hassouna becomes solely dedicated to valU in Egypt
Recently, the company succeeded in attracting interest from renowned global corporations such as Amazon and the Alhokair Family. Believing in the growth prospects within the BNPL market and the need…
Egypt ranks 87th in 2022 Sustainable Development Report
Minister of Planning and Economic Development Hala El-Said also indicated that Egypt ranked 30th out of 163 countries in the global outreach impact index within the report.
US pledges $50m to support Egypt’s food security
Subject to congressional approval, this $50m in funding will — among other things — support Egypt’s smallholder farmers.
CIB records EGP 3.51bn in consolidated net income in 2Q 2022
“The CIB concluded the first half (1H) of 2022 with remarkable performance, drawing on a resilient Egyptian economy that was able to control inflationary pressures and pave the way for…
New study refutes claim that T. rex was three separate species
Paleontologists find insufficient evidence that iconic Tyrannosaurus rex should be reclassified
US envoy to Horn of Africa holds talks with Cairo to discuss GERD crisis
The US envoy is on a tour of the region, starting in Egypt and will include the UAE and Ethiopia.
Egypt finalises first phase of Waste Information Management System: Environment Minister
WIMS is being implemented within National Solid Waste Management Programme
Madbouly orders accelerating development of Magra El-Oyoun Wall area
Prime Minister orders repainting facades of school adjacent to old wall, in similar style of area
