Damietta Alliance begins superstructure works at Tahya Misr 1 container terminal
The Ministry of Transport has announced that Damietta Alliance has commenced superstructure works at the Tahya Misr 1 Container Terminal in Damietta Port. As part of the terminal's development, the…
Hamas: ‘Complete flexibility’ to reach Gaza deal 2nd phase
"We are demonstrating complete flexibility to reach the second phase of the Gaza agreement while upholding all of its terms," said Taher El-Nounou, media advisor to the head of Hamas's…
France condemns violence against civilians in Syria; 745 reported killed
France condemned violence in Syria on Saturday targeting "civilians because of their faith, and prisoners," amid reports that hundreds of Alawites have been killed in recent days. The Alawites are…
CIB’s Hisham Ezz Al-Arab receives Global Finance Lifetime Achievement Award
Global Finance has awarded Hisham Ezz Al-Arab, Chairperson and CEO of Egypt’s Commercial International Bank (CIB), its Lifetime Achievement Award. The award is the publication’s highest individual honour. Joseph D.…
ECA hosts EU delegation to discuss national competition strategy
The Egyptian Competition Authority (ECA), led by Mahmoud Momtaz, recently welcomed a high-level delegation from the European Commission to discuss advancements in competition policies across various markets and economic sectors.…
Gold prices surge 1.8% over past week: Gold Bullion
Gold prices declined on Friday, yet the precious metal achieved gains over the past week due to safe-haven inflows and a US jobs report revealing lower-than-expected job growth in February.…
Deputy PM discusses mechanisms, regulations for organizing industrial development
Kamel Al-Wazir, Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, convened a comprehensive meeting with Mahmoud Esmat, Minister of Electricity and Renewable Energy, Sherif El-Sherbiny, Minister…
Syria forms committee to probe human rights abuses in Syrian coast operations
Syria's Defence Ministry has formed an emergency committee to investigate alleged violations by its forces during recent military and security operations in the coastal region, a ministry source told state…
Fathy promotes tourism, Grand Egyptian Museum to Japanese media
Egypt's Minister of Tourism and Antiquities, Sherif Fathy, has met with representatives from major Japanese media outlets to promote Egyptian tourism and discuss the soon-to-open Grand Egyptian Museum (GEM). The…
Elsewedy invests $500m in submarine cable factory West of Damietta
Kamel Al-Wazir, Deputy Prime Minister for Industrial Development and Minister of Transport and Industry, oversaw the signing of a Memorandum of Understanding (MoU) between the Holding Company for Maritime and…
