Sharif Welcomes Al-Sharaa Assumption of Syrian Presidency
Pakistan Prime Minister Shehbaz Sharif on Saturday welcomed Ahmed Al-Sharaa assumption of the Syrian presidency for a transitional phase. Al-Sharaa's appointment was announced on Wednesday, less than two months after…
Banque Misr launches instant money transfer service for Egyptian expats
Banque Misr has introduced a new instant money transfer service that allows Egyptians working abroad to send funds in Egyptian pounds to any bank account, card, or electronic wallet within…
Housing Minister orders acceleration of Al Gabal Al Asfar Plant expansion
Minister of Housing, Utilities, and Urban Communities Sherif El-Sherbiny inspected the Al Gabal Al Asfar Wastewater Treatment Plant, which currently has a capacity of 2.5 million cubic meters per day.…
Gold reaches new historic high, marking fifth consecutive week of gains
Gold prices have soared to a new historic high, marking a significant milestone as the precious metal increased for the fifth consecutive week. The surge comes amidst rising global tensions…
Egypt boosts domestic short-staple cotton production in East Owainat
Egypt has cultivated 2,000 acres of short-staple cotton in East Owainat as part of a project to boost domestic production and reduce reliance on imports for the textile industry. Public…
Finance Ministry to issue 29 T-bills, bonds worth EGP 641bn in February
The Ministry of Finance announced plans to issue 29 treasury bills (T-bills) and bonds worth EGP 641bn in February to refinance maturing debt and cover the state’s budget deficit. The…
Hamas, Israel complete 4th batch of prisoner exchange under ceasefire agreement
As the ceasefire agreement in Gaza entered its fourteenth day, the Israeli occupation authorities released 183 Palestinian prisoners on Saturday, following the release of three Israeli detainees by the Islamic…
Kuwait Finance House expands into Egypt with Ahli United Bank acquisition
Kuwait Finance House (KFH) has officially launched its operations in Egypt following the successful acquisition of Ahli United Bank Bahrain in 2022. The transformation into a fully Sharia-compliant financial institution…
Egypt’s PM orders EGP 35m allocation to support Baheya, Ahl Masr, and Al-Nas Hospitals
Prime Minister Mostafa Madbouly has directed the Ministry of Social Solidarity to allocate EGP 35m to support three of Egypt's key hospitals: Baheya, Ahl Masr, and Al-Nas hospitals. The funding…
Egypt, Jordan, UAE, Saudi Arabia, Qatar reject Palestinian displacement, call for two-state solution
Rejecting all forms of Palestinian displacement, foreign ministers from Egypt, Jordan, the United Arab Emirates, Saudi Arabia, and Qatar met with Palestinian Authority and Arab League representatives in Cairo on…
