Arab-Islamic Summit calls for ceasefire in Gaza, Lebanon, freezing Israel’s UN membership, arms supply
The declaration of the Arab-Islamic Summit in Riyadh has highlighted the need to mobilize international support to impose an arms embargo on Israel and freeze its membership in the United…
Hamas denies receiving Qatari demand to leave Doha
Officials from the Islamic Resistance Movement (Hamas) have stated that any claims regarding Qatari demands for the movement to leave Doha, or implying that its members are not welcome, are…
Al-Sisi reaffirms Egypt’s support to Palestine, Lebanon, rejecting Israeli actions
President Abdel Fattah Al-Sisi reaffirmed Egypt's opposition to all plans aimed at liquidating the Palestinian cause, whether through the displacement of civilians or turning the Gaza Strip into an uninhabitable…
Egypt’s government reforms enhance business climate to attract sustainable investment: Citigroup
Egypt is gaining strong momentum in its drive to diversify the economy. With a focus on renewable energy—especially solar power and green hydrogen—new opportunities are emerging to build a robust…
Egypt-Saudi Arabia trade exchange increases to $7.5bn in 9M 2024: CAPMAS
The Central Agency for Public Mobilization and Statistics (CAPMAS) has announced an increase in the trade exchange between Egypt and Saudi Arabia to $7.5bn in the first nine months of…
CI Capital opens subscription for Egypt’s first sector-focused equity fund
CI Capital Asset Management has announced that subscriptions to the CI Assets Management Sector Investment Fund, Egypt’s first multi-sector equity fund, will open Monday, for a two-month subscription period. The…
Military Production, Agriculture Ministers discuss progress on joint projects
Egypt’s Minister of State for Military Production Mohamed Salah El-Din Mostafa has met Minister of Agriculture and Land Reclamation Alaa Farouk to review the ongoing collaboration between the two ministries,…
CBE receives $1.739bn in bids for US dollar-denominated T-bills auction
The Central Bank of Egypt (CBE) received 30 bids totalling $1.739bn to cover a local treasury bill (T-bill) auction denominated in US dollars. The central bank offered this auction on…
Petroleum Ministry approves facilities, incentives to support industrial sector: Al-Wazir
Kamel Al-Wazir, Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, chaired the 10th meeting of the Ministerial Group for Industrial Development on Monday. The meeting was…
Valero Developments debuts Circle 9 Mall
Valero Developments has officially launched, announcing its first project, Circle 9 Mall in Obour city, according to Chairperson Ahmed Fahmy. Fahmy highlighted that Valero aims to make a mark in…
