MSMEDA allocates EGP 25m for handicrafts through Aman
The Micro, Small, and Medium Enterprises Development Agency (MSMEDA) has signed a new EGP 25m contract with Aman Holding to strengthen support for handicraft and heritage projects through the “Hirfa”…
CI Capital concludes EGP 3.919bn securitised bond issuance for Tasaheel Finance
CI Capital, the leading diversified financial services group, announced Sunday the conclusion of EGP 3.919bn securitised bond issuance for Capital for Securitization, on behalf of Tasaheel Finance, who acted as…
Egypt’s manufacturers call for investment incentives, local production support
Ahmed Zaki, Secretary-General of the Exporters' Division at the General Federation of Chambers of Commerce, commended the Egyptian government's initiative to boost local content in manufacturing and exports. He underscored…
Kredit secures EGP 875m in facilities from 9 banks, financial institutions
Kredit, a subsidiary of GB Capital for project financing, announced it has secured EGP 875m in bank facilities from nine local and international banks and financial institutions, including the National…
Egypt keen to expand health projects, notably Nasser Institute: Abdel Ghaffar
Egypt's Deputy Prime Minister and Minister of Health and Population, Khaled Abdel Ghaffar, stated that his ministry prioritizes expanding health projects nationwide. Nasser Institute Hospital for Research and Treatment…
Government takes steps to stabilize food prices: Madbouly
The Egyptian government is taking measures to increase the supply of goods and stabilize prices following recent hikes, Prime Minister Mostafa Madbouly announced on Sunday. He chaired a meeting with…
Death toll of Israeli aggression in Gaza rises to 43,341 Palestinians
The Ministry of Health in Gaza reported on Sunday, that 27 Palestinians were killed and 86 others were injured in four massacres committed by the Israeli occupation in the Strip…
UN condemns RSF attacks in Sudan’s Al Jazirah state, citing displacements
UN Secretary-General António Guterres has strongly condemned escalating attacks by the Rapid Support Forces (RSF) militia in Sudan’s Al Jazirah state, as new reports reveal over 135,000 civilians were displaced…
Siemens, Emirates Smart Solutions partner to modernize Esna Barrage, Lock in Luxor
Siemens has signed a contract with Emirates Smart Solutions (ESS), a subsidiary of Etimad Holding Group in the UAE, to renovate the Esna Barrage and Lock in Luxor. The project…
Gold prices increase by EGP 35 in Egypt amid global swings
Gold prices in local markets rose by EGP 35 over the past week, increasing by 0.9%, despite a 0.4% drop in global gold prices due to intense sell-offs triggered by…
