62 dead, 147 injured in 48hrs: Gaza’s Ministry of Health
The Ministry of Health in Gaza reported Tuesday that the ongoing Israeli aggression resulted in five massacres against civilians in the Gaza Strip, with 62 deaths and 147 injuries in…
Madbouly highlights Egypt’s progress in renewables sector at COP29
Prime Minister Mostafa Madbouly has participated in the high-level segment of the 29th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP29) in Baku, Azerbaijan,…
Orascom Development Egypt completes landmark $37.4 land sale to Hassan Allam Properties in El Gouna
Orascom Development Egypt (ODE) announced the sale of a 110,000-square-meter land plot in El Gouna to Hassan Allam Properties for $37.4m. This collaboration highlights ODE’s commitment to enhancing the El…
EGP 800m increase in GlobalCorp’s paid-in capital drives further expansion in Egypt
GlobalCorp Group, a leading Egyptian Non-Banking Financial Services Group, announced Tuesday a significant increase in its issued and paid-in capital, reflecting the company’s robust growth and shareholder confidence in its…
Egypt explores retail bond market to boost financial inclusion
The Egyptian Ministry of Finance has hosted the Annual Retail Bond Conference in collaboration with the World Bank, drawing renowned experts from various countries to explore innovative solutions and best…
Egypt-CIF partnership strengthens sustainable climate solutions: Al-Mashat
Minister of Planning, Economic Development and International Cooperation Rania Al-Mashat participated in the launch of joint technical mission discussions on the executive plan for the Climate Investment Funds’ (CIF) new…
FRA continues public dialogue to finalise Unified Insurance Law mechanisms: Vice President
Islam Azam, Vice President of the Financial Regulatory Authority (FRA), discussed the Unified Insurance Law, its philosophy, and its objectives during his participation in the Egyptian Insurance Federation's annual Insurance…
The Return of Trump
Donald Trump achieved an unprecedented victory in the recent American elections, successfully overturning the status quo. This shift affected a wide array of entities, from the arms manufacturing industry to…
Will Trump’s Second Term Bring Peace or Peril to the Middle East?
Trump has returned to the White House with a historic and unprecedented victory in the United States. However, despite Trump's apparent popularity, it is important to emphasize that the Arab…
65.5% increase in Egyptian remittances during August: CBE
Remittances from Egyptians working abroad surged by 65.5% in August 2024, reaching around $2.6bn, up from approximately $1.6bn in August 2023. According to the Central Bank of Egypt (CBE), remittances…