Egypt leads 21 nations in issuing joint statement calling for de-escalation after Israeli strikes on Iran
Egypt has led a group of 21 nations in issuing a joint statement that condemns recent Israeli military attacks against Iran, calls for an immediate halt to hostilities and urges…
FDI to developing economies drops to lowest level since 2005 as global barriers rise
Foreign direct investment (FDI) flows to developing economies have fallen to their lowest level since 2005, reflecting a troubling global trend marked by rising barriers to trade and investment. The…
SKF reports 20% annual growth, marks 50 years in Egypt
SKF, the global leader in bearing technologies and industrial solutions, has recorded a 20% year-on-year business growth in Egypt, underscoring its expanding role in the country’s heavy industries. The announcement…
CIB signs strategic partnership with Food Export Council
The Commercial International Bank – Egypt (CIB), the country’s largest private-sector bank, has signed a strategic partnership agreement with the Food Export Council, becoming its official banking partner until the…
FRA nears completion of regulatory framework for online real estate platforms
Mohamed Farid, Chairperson of the Financial Regulatory Authority (FRA), announced that the Authority is close to finalising a new regulatory framework to govern the operations of electronic platforms in the…
Al-Sisi urges expansion of local car manufacturing during inspection of state-owned auto plants
Egyptian President Abdel Fattah Al-Sisi underscored the importance of accelerating the country's automotive manufacturing strategy during a meeting on Monday with Lieutenant General Mokhtar Abdel Latif, Chairman of the Arab…
Israel intensifies strikes on Tehran as Iran vows retaliation, global leaders call for de-escalation
The military confrontation between Israel and Iran entered its fourth day on Monday, with the Israeli Air Force launching a fresh wave of airstrikes targeting Tehran and other strategic sites…
Egypt’s PM forms crisis committee to monitor Iran-Israel fallout
Egypt's Prime Minister Moustafa Madbouly has issued a decree to form a "crisis committee" under his leadership to monitor the repercussions of military operations between Iran and Israel. The committee's…
Egypt issues nearly 20 million digital treatment approvals as health insurance digitalisation accelerates
Egypt’s Ministry of Health and Population announced on Saturday that nearly 20 million electronic treatment approvals were issued during the 2024/2025 fiscal year through the General Authority for Health Insurance,…
Pakistan FM warns against fake news, details Iran-Israel de-escalation role
Pakistan Foreign Minister Ishaq Dar on Monday warned against the spread of false information and AI-generated content following recent events in the Middle East, while also detailing Pakistan's diplomatic role…